In These New Times

A new paradigm for a post-imperial world

Archive for the ‘Multipolar world’ Category

The New World Order is not turning out as planned. Instead of all power emanating from London and Washington, new power centres are emerging to the South and East: a new global equilibrium raises the possibility of a new post-imperial age of peace and equality between nations.

Return of geopolitics

Posted by seumasach on November 22, 2014

Maleeha Lodhi

The News

18th November, 2014

A dominant theme at the recent World Economic Forum summit was that the return of geopolitics, turbulence and volatility were combining to shape today’s fraught strategic environment.

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‘Anti-offshore’ law to bring billions back to Russian economy

Posted by seumasach on November 22, 2014

RT

19th November, 2014

Russia’s upper house of parliament has approved an “anti-offshore” law requiring individual and corporate taxpayers to foreign profits. The Russian government aims to prevent capital outflow via “offshores,” estimated at $200 billion in 2014.

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China aims for official gold reserves at 8500 tonnes

Posted by seumasach on November 11, 2014

Zero Hedge

9th November, 2014

China should accumulate 8,500 tonnes in official gold reserves, more than the US, according to Song Xin, President of the China Gold Association, General Manager of the China National Gold Group Corporation and Party Secretary. He wrote this in an opinion editorial published on Sina Finance July 30, 2014. Gold is money par excellence in all circumstances and will help support the renminbi to become an international currency as “gold forms the very material basis for modern fiat currencies”, Song notes. In the short term the Chinese will not back the renminbi with gold (establish a fixed renminbi price for gold), but support it with gold so it has sufficient credibility for the world to accept it as a trade and reserve currency.

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Resetting U.S.-China Relations

Posted by seumasach on November 11, 2014

“Chinese leaders have put forward a new model of “major-country relationship” between China and the United States, an intellectual framework for resolving one of the greatest puzzles in international history — how to avoid falling into the so-called Thucydides trap, the often-cited cycle of struggle between rising and established powers.”

NYT

11th November, 2014

President Obama arrived in Beijing on Monday for a meeting of the AsiaPacific Economic Cooperation forum. He will meet with China’s president, Xi Jinping, at length on Wednesday. The occasion is a vital opportunity for the two presidents to reset the relationship between the nations.

 

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Dollar surges, euro crumbles

Posted by seumasach on November 8, 2014

Never mind the hype about the US economy! Is the dollar really rising “as the remaining doubts about the sustainability of the U.S. economy evaporates”? That is just funny, really hilarious. Who gains from the strengthening dollar? The same people who gain from the falling gold price. China is the beneficiary. As China collects it debt from buying up gold at rock-bottom prices which will later  surge in value, it also uses its vast accumulation of treasury bonds to buy up real assets such as real and industrial estate in the USA. Once China completes its treasury bond and gold purchases we will see the real ending of QE and a reset of the global financial system

..as Fed, ECB go separate ways

Fortune

25th September, 2014

Greenback at two-year high, as growing confidence in U.S. recovery meets expectations of new emergency measures to rescue Eurozone.

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Willem Middelkoop on The Big Reset

Posted by seumasach on October 31, 2014

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China, 20 other countries initiate new Asian bank

Posted by seumasach on October 30, 2014

Newsday

24th October, 2014

BEIJING – (AP) — Twenty-one Asian nations have signed on to a China-driven initiative to create a new development bank for Asia that’s aimed at boosting infrastructure investment of all kinds. Beijing sees that as a way to raise its international standing, but Washington opposes the move as an unnecessary and potentially damaging rival to established institutions such as the World Bank.

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2015: The world is defecting to the East

Posted by seumasach on October 28, 2014

LEAP 2020

15th October, 2014

Two important facts emerge from the past four weeks’ news. First, China is becoming the world’s largest economic power, officially overtaking the US, based on GDP measured in purchasing power terms (IMF figures) of $17.61 trillion (compared to $17.4 trillion for the US). If the official media hasn’t raised the slightest eyebrow to this information, our team believes that it’s an historic event: the US is no longer the world’s largest economic power and, inevitably, that changes everything ! (1)

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Dominique De Villepin Valdai speech

Posted by seumasach on October 25, 2014

Spiral of Mistrust Needs to Be Reversed

Valdai Club

The situation with the sanctions is neither good for Russia, nor good for the rest of the world. It’s a spiral of mistrust that needs to be reversed. It’s important to face the fact that today we have the possibility to change the situation. We need to go back to the stronger dialogue.

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Speech by Cristina Fernandez, President of Argentina at UN

Posted by seumasach on October 9, 2014

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New silk roads and an alternate Eurasian century

Posted by seumasach on October 6, 2014

Pepe Escobar

Tom Dispatch

5th October, 2014

During Iraq War II (2003-2011), I used to imagine that the Chinese leadership would gather weekly in the streets of the Forbidden City, singing and dancing to celebrate American idiocy.  Year after year, when the U.S. might have faced off against a rising China, as its leaders had long had the urge to do, it was thoroughly distracted by its disastrous invasion and occupation of Iraq.  I can’t help but think that, with a bombing campaign revving up in Iraq and now Syria, the boots of 1,600 military personnel ever closer to the ground, and talk of more to come, with Iraq War III (2014-date unknown) predicted to go on for years, they are once again rejoicing.  For all the talk in recent years about the Obama administration’s military “pivot” to Asia, there can be no question that its latest Middle Eastern campaign will put a crimp on its Pacific “containment” planning.

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