37% of NATO members don’t pay their way – Washington

Twelve NATO countries are yet to meet the pledge to spend 2% of their GDP on defense, the American ambassador to the alliance, Julianne Smith, said on Monday. The US-led bloc set the two-percent goal in 2014, after the Western-backed coup in Kiev touched off the Donbass conflict. All members were supposed to make the…

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Moscow releases Russia-China de-dollarization update

The share of the greenback in trade between the countries has dropped to a historic low, according to a Foreign Ministry official The de-dollarization of Russia-China trade is practically complete, according to Georgy Zinoviev, the director of the Russian Foreign Ministry’s First Asian Department, as cited by RIA Novosti.

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Global economy in worst shape for decades – former US Treasury chief

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