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How China Just “Reset” the Global Monetary System With Gold International oil trade is the crux of the issue. For decades, the world’s largest oil importers have paid for oil using the petrodollar, which supports the dollar’s value and fuels U.S. government deficit spending (primarily because the petrodollar is backed by Treasuries). But now, China is looking to upset the current petrodollar system by introducing gold-backed “petroyuan” oil futures contracts. And since China is the largest importer of oil globally, this massive shift away from the petrodollar could be bad news f
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IN TRUE BORGIA STYLE The “unification council” in Kiev: how it went, conclusions and prospects On December 15, 2018, in Kiev, before a several thousand-strong crowd among whom stood a great number of specially transported state employees from various regions of the country as well as members of the Ukrainian Greek Catholic (Uniate) church, Ukrainian president Petro Poroshenko introduced the head of the new religious structure, which had received the name, “Orthodox Church of Ukraine”. It is interesting that alongside the head of the country and “Metropolitan” Epiphany, on the stag -
CreditAngie Wang In 1942, the anthropologist Ashley Montagu published “Man’s Most Dangerous Myth: The Fallacy of Race,” an influential book that argued that race is a social concept with no genetic basis. A classic example often cited is the inconsistent definition of “black.” In the United States, historically, a person is “black” if he has any sub-Saharan African ancestry; in Brazil, a person is not “black” if he is known to have any European ancestry. If “black” refers to different people in different contexts, how can there be any genetic basis to it? Beginning in 1972, g
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