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TASS Publishes Zepp-LaRouche Interview on New Monetary System, Bering Strait Tunnel

April 8, 2016 (EIRNS)—The Russian official news agency TASS today published highlights of its interview with Schiller Institute founder Helga Zepp-LaRouche, done in conjunction with yesterday’s conference of the Institute in New York City. The dispatch has appeared in several other major Russian media outlets, including the website of the Russian Defense Ministry’s Zvezda-TV, Federal News Agency, and in Spanish on RT.

A full translation of todays Russian-language TASS wire follows (direct quotations have been back-translated from Russian). [RBD]

Schiller Institute Head: The Russian Federation and the USA Will Build a Tunnel Linking Chukotka and Alaska

Such a tunnel would promote development of the natural resources of both the Far East and Alaska, Helga Zepp-LaRouche believes.

New York, April 8. /TASS correspondent Ivan Pilshchikov/. The project of building a tunnel under the Bering Strait, linking Chukotka and Alaska, will ultimately be built, despite the existing political and financial difficulties, and will be of significant benefit to the United States and the Russian Federation.

President of the international Schiller Institute expressed confidence in this, speaking with TASS. She took part in a conference on international economic cooperation, held by that scientific research organization in New York.

Zepp-LaRouche stated that the idea of building this underground connection has broad support among international specialists.

"It is entirely possible, that 20 years from now there will be a high-speed maglev train, or some other type, running under the Bering Strait, and that it will be possible to travel from Acapulco to New Delhi more rapidly than by ship,"

she noted.

"This project will definitely be implemented in the future, and it will promote the consolidation of peace between Russia and the USA."

She pointed out that such a tunnel would promote more intense development of the natural resources of both the Far East and Alaska. "The potential there is absolutely enormous," emphasized the head of the Schiller Institute. "If the business community were better informed about the advantages, they would get more actively involved."

Zepp-LaRouche stated that the Bering Strait tunnel is only one element of the vast transportation system called the New Silk Road, advocated by the Schiller Institute. Its specialists propose a network of railways to link practically all continents.

The institute’s specialists call for shifting from a monetarist economy to the real economy. For this purpose, they believe, governments should change the international monetary system, including, in particular, establishing fixed exchange rates, wiping out speculative instruments, and reducing and in some cases writing off debts.

After "the decks have been cleared," in Zepp-LaRouche’s view, large state credits will be required to develop technology and infrastructure projects, including for "the creation of a Eurasian development corridor as the basis for rebuilding the world economy." The United States, Russia, China, Brazil and India should initiate the establishment of such a system, Zepp-LaRouche believes.

Russian original: http://tass.ru/ekonomika/3187331

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