In These New Times

A new paradigm for a post-imperial world

Who’s won the ‘sanctions war’ so far?

Posted by seumasach on March 19, 2015

Andrew Korybko

Oriental Review

18th March, 2015

It’s been one year since European sanctions were first enacted against Russia on 17 March, 2014, and it’s worthy to briefly highlight their consequences on Moscow. Likewise, the counter-sanctions that Russia imposed on the EU last summer must also be critically looked at in order to assess the economic and political impact of the ‘sanctions war’ on both parties. The results are certainly not at all what the West had anticipated.

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Posted in Battle for Europe, Coup d'état in Ukraine | Leave a Comment »

Russia to loan Greece ‘up to $5bn’ to join Turkish pipeline

Posted by seumasach on April 18, 2015

RT

18th April, 2015

Russia is planning to pay Greece large a multibillion advance against future profits from operating a gas pipeline that would pump Russian fuel through Turkey and Greece to the rest of Southern Europe, German magazine Spiegel reported.

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Posted in Battle for Europe | Tagged: , , | Leave a Comment »

Top Polish military advisor ‘completely withdraws’ his support of Ukraine gov’t

Posted by seumasach on April 18, 2015

New Cold War

16th April, 2015

A top military adviser and former head of Poland’s armed forces has told Gazeta Prawna news in Poland that he has “completely withdrawn” his previous views favoring providing more military assistance and political support to the government of Ukraine. General Waldemar Skrzypczak spoke to the newspaper briefly on April 16. On April 17, Gazeta Prawna will publish a feature interview with him.

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Posted in Coup d'état in Ukraine | Leave a Comment »

Merkel says free trade zone Between Germany, Russia possible

Posted by seumasach on April 18, 2015

“Step by step we do everything possible to create a common economic area – as Russian President Vladimir Putin once said – from Vladivostok to Lisbon,” she said.

Sputnik

18th April, 2015

The German chancellor said Germany is interested in economic cooperation with Russia, despite the current political differences between the two countries.

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Posted in Battle for Europe, Global peace process | Tagged: | Leave a Comment »

The great sell-off of petrodollar assets

Posted by seumasach on April 15, 2015

Oil-Rich Nations Are Selling Off Their Petrodollar Assets at Record Pace

GEAB(Source: Bloomberg)

April, 2015

In the heady days of the commodity boom, oil-rich nations accumulated billions of dollars in reserves they invested in U.S. debt and other securities. They also occasionally bought trophy assets, such as Manhattan skyscrapers, luxury homes in London or Paris Saint-Germain Football Club.

Now that oil prices have dropped by half to $50 a barrel, Saudi Arabia and other commodity-rich nations are fast drawing down those “petrodollar” reserves. Some nations, such as Angola, are burning through their savings at a record pace, removing a source of liquidity from global markets.

 

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Posted in Financial crisis | Tagged: | Leave a Comment »

The Common Market of the South and the Eurasian Union

Posted by seumasach on April 15, 2015

How the Common Market of the South and the Eurasian Union defy the United States and the hegemony of the dollar

Voltairenet

20th March, 2015

The economic containment strategies against Moscow and Caracas stimulated by Washington hasted the reconfiguration of alliances in the world system. Although Russia is geographically located in the northern hemisphere, its diplomatic agenda shows more connection to that of emerging economies. The same is happening in Latin American countries. According to the Russian chancellor, Serguey Lavrov, Latin America is called on to become a centrepiece in the development of a multipolar world order.

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Posted in Multipolar world | Tagged: , | Leave a Comment »

French Intelligence: Russian Intervention in Ukraine is a Myth

Posted by seumasach on April 14, 2015

Off Guardian

11th April, 2015

Russian military intervention in Ukraine is a myth, General Christophe Gomart, France’s Military Intelligence Head has said.

As reported by RT, General Gomart made his explosive comments in a parliamentary hearing on the Ukrainian crisis. He questioned NATO’s claims of Russia preparing to attack Ukraine as French agents failed to spot any activities signaling this – either before or after the crisis began.

 

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Posted in Coup d'état in Ukraine | Leave a Comment »

China ploughs £1bn into Docklands

Posted by seumasach on April 14, 2015

“The investment is a strategically important beginning for our exploration in the European market,” Li Huaizhen, Minsheng’s CEO, said in Shanghai

Telegraph

15th February, 2015

A Chinese investment firm has announced it is to invest £1bn in a homegrown development project to create a third financial district in east London.

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Posted in UK economy | Tagged: , , | Leave a Comment »

Iran: New frontier in energy politics

Posted by seumasach on April 14, 2015

M.K.Bhadrakumar

Indian Punchline

13th April, 2015

The integration of Iran into the international community is expected to be the last frontier in energy politics. No doubt, it will be a game changer and it would have an Asian vector and a European vector — and a Russian-American vector. The major players are gearing up for action to cope with the new great game in energy politics.

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Posted in Iran, Multipolar world | Tagged: , , | Leave a Comment »

AIIB “biggest blow to America’s superpower status in the post-war era”

Posted by seumasach on April 12, 2015

How China grew desperate to conceal its power from the world

Telegraph

11th April, 2015

The creation of the prosaic-sounding Asian Infrastructure Investment Development Bank (AIIB) has landed the biggest blow to America’s superpower status in the post-war era.

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Posted in Financial crisis, Multipolar world | Tagged: , | Leave a Comment »

Crippling PFI deals leave Britain £222bn in debt

Posted by seumasach on April 12, 2015

Independent

12th April, 2015

Every man, woman and child in Britain is more than £3,400 in debt – without knowing it and without borrowing a single penny – thanks to the proliferation of controversial deals used to pay for infrastructure such as schools and hospitals.

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Posted in Financial crisis, UK economy | Tagged: , | Leave a Comment »

Tsipras’ top three take-aways from Moscow

Posted by seumasach on April 12, 2015

Andrew Korybko

Sputnik

9th April, 2015

While the Greek Prime Minister may not have received the fabled bail-out that the Western media had anxiously speculated about, he looks to have secured benefits that are far more long-term and tangible.

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Posted in Battle for Europe | Tagged: , | Leave a Comment »

 
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