“The Global Financial Supermarket.” Sweeping Deregulation of the US Banking System

 

GLOBAL ECONOMY

“The Global Financial Supermarket.” Sweeping Deregulation of the US Banking System By Prof Michel Chossudovsky Global Research, July 17, 2025

The 1999 financial sector reforms under the Clinton Administration had set the stage for the 2007-2009 depression as well as the current 2020-2025 engineered financial crisis.  While the 1999 US Financial Services Modernization Act does not in itself break down remaining barriers to the free movement of capital, in practice, it empowers Wall Street’s key players to develop a hegemonic position in global banking, overshadowing and ultimately destabilizing financial systems in Asia, Latin America and Eastern Europe…  [...]

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INTELLIGENCE

US Openly Seeks to Encircle Russia: Through the So-Called Zangezur Corridor. “Ankara’s Role in US/NATO’s Trojan Horse” By Drago Bosnic Global Research, July 16, 2025

The South Caucasus always played a critical strategic role, whether in Antiquity, the Middle Ages or nowadays. Every superpower (whether historic or present) sought to control this volatile region, as it offers unprecedented power projection capabilities. It connects Eastern Europe, Central Asia and the Middle East, enabling those who control it to dictate how energy and transportation projects will be implemented (or not). Ever since the unfortunate dismantling of the Soviet Union, various regional and global powers have been trying to establish a foothold in the area, particularly by appeasing the oil-rich Azerbaijan.  [...]

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