Posted by seumasach on August 18, 2014
18th August, 2014
A lot of preparation is going into the visit of Chinese President Xi Jinping to India next month. It is difficult to recall such dense traffic in the run up to a high level India-China exchange. It must be the ‘Modi effect’- suffice to say, Beijing is approaching Xi’s visit with high expectations of a historic breakthrough in relations with India.
Posted in Multipolar world | Tagged: Asian Investment Development Bank, China-India relations, Maritime Silk Road project., SCO, Shanghai Cooperation Organization (SCO) | Leave a Comment »
Posted by seumasach on August 13, 2014
Turning crisis into opportunity
Posted in Multipolar world | Tagged: Russia -Argentina strategic partnership | Leave a Comment »
Posted by seumasach on August 10, 2014
“The fact of the matter is that the headlong plunge into a new level of military involvement in the Middle East (Iraq) and Eurasia (Ukraine) incapacitates the US from advancing the rebalance strategy in Asia and China is taking advantage of it. Wang’s meeting with the US secretary of state John Kerry in Myanmar yesterday gives a flavor of the Chinese confidence that the Barack Obama administration has its hands full during the remaining period of the presidency (until end-2016) and comes under compulsion to “respect China’s legitimate rights and interests” in the Asia-Pacific and to enter into a constructive engagement with China.” So much for Obama’s grand pivot to China initiative!
M.K.Bhadrakumar Indian Punchline 10th August, 2014 The frequency of high-level interaction between India and China has perceptibly increased since the new government led by Prime Minister Narendra Modi took over in late May. This cannot but be viewed as signaling the Modi government’s foreign-policy priority, although Beijing set the ball rolling with the extraordinary diplomatic move to depute China’s foreign minister Wang Yi to Delhi in early June in a manifest desire and sense of urgency to open lines of communication with the new Indian leadership.
Posted in Multipolar world | Tagged: Asian Investment Development Bank, BRICS(Brazil-Russia-India-China-South Africa), China-India relations, Shanghai Cooperation Organization (SCO) | Leave a Comment »
Posted by seumasach on August 9, 2014
NKI BRICS-LEAP meeting in Paris (27/07/2014)
4th August, 2014
On July 27th, in Paris, as part of the Euro-BRICS project, representatives of NKI BRICS and LEAP met in order to discuss interesting perspectives of cooperation. NKI-BRICS’ website reports:
Posted in Battle for Europe, Multipolar world | Tagged: BRICS(Brazil-Russia-India-China-South Africa), Euro-BRICS | Leave a Comment »
Posted by seumasach on August 7, 2014
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Posted by seumasach on August 5, 2014
Vineyard of the Saker
2nd August, 2014
L’Argentine a été invitée à la dernière réunion des BRICS à Fortaleza, du 14 au 16 juillet 2014. A cette occasion, Cristina Fernández de Kirchner, Présidente de l’Argentine, n’a pas évoqué, sauf à mots couverts, le défaut de paiement qui menaçait son pays. L’occasion aurait cependant été bonne pour elle de dénoncer le jeu des spéculateurs américains (notamment les fameux fonds vautours), soutenus par la législation des États-Unis, qui s’acharnent sur un pays fragile.
Posted in Multipolar world | Tagged: brics bank | Leave a Comment »
Posted by seumasach on August 4, 2014
4th August, 2014
Prime Minister Narendra Modi has drawn big criticism from the United States on account of the firm stand India took at the World Trade Organization negotiations, insisting that its concerns about food security needed to be accommodated if India were to go along with the so-called trade facilitation agreement. Overnight the smile has vanished from Uncle Sam’s face.
Posted in Multipolar world | Tagged: Modi's agenda | Leave a Comment »
Posted by seumasach on July 31, 2014
Russia And India Begin Negotations To Use National Currencies In Settlements, Bypassing Dollar
31st July, 2014
Over the past 6 months, there has been much talk about the strategic proximity between Russia and China, made even more proximal following the “holy grail” gas deal announced in May which would not have happened on such an accelerated time frame had it not been for US escalation in Ukraine. But little has been said about that other just as crucial for the “new BRIC world order” relationship, that between Russia and India. That is about to change when yesterday the Russian central bank announced that having been increasingly shunned by the west, Russia discussed cooperation with Reserve Bank of India Executive Director Shrikant Padmanabhan. The punchline: India agreed to create a task group to work out a mechanism for using national currencies in settlements. And so another major bilateral arrangement is set up that completely bypasses the dollar.
Posted in Currency Wars | Tagged: Modi's agenda | Leave a Comment »
Posted by seumasach on July 26, 2014
U.S. ally cuts off communications with Obama and seeks new trade outside dollar
22nd July, 2014
On July 21, Turkish Prime Minister Tayyip Erdogan spoke in an interview with Turkey‘s ATV television, and confirmed that his office had cut off direct communications with President Obama, and in fact, were no longer even answering calls received from the White House. In addition to this startling announcement regarding a long standing U.S. ally, the Russian Ministry of Economic Development followed this up with a press release that stated that Turkey was quickly moving away from their reliance on the dollar as the global reserve currency, and is seeking increased trade with Russia in a mutually beneficial exchange of self-contained sovereign currencies.
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Posted by seumasach on July 17, 2014
17th July, 2014
Leaders of the BRICS nations met with South American leaders Wednesday at the 6th BRICS Summit in Brasília, in the first iteration of what some leaders suggested could become a more permanent alliance.
Posted in Multipolar world | Tagged: BRICS(Brazil-Russia-India-China-South Africa), new financial architecture, new global financial architecture | Leave a Comment »
Posted by seumasach on July 16, 2014
… India to have presidency
Times of India
16th July, 2014
FORTALEZA, Brazil: Leaders of the BRICS group of emerging powers on Tuesday created a Shanghai-based development bank and a reserve fund seen as counterweights to Western-led financial institutions.
Posted in Multipolar world | Tagged: brics bank, BRICS(Brazil-Russia-India-China-South Africa) | Leave a Comment »