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.

Dollar dying; multi-polar world in offing

Posted by seumasach on April 19, 2014

F.William Engdahl

PressTV

18th April, 2014

Washington’s decision to go for the military coup in Ukraine was intended to rupture the emerging cooperation between key Eurasian nations that ultimately would have isolated the power of US hegemony and opened the door for a genuine multi-polar world where peaceful cooperation replaced military threats and sole Superpower domination.

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Rich can help BIMSTEC poor bloc

Posted by seumasach on April 9, 2014

Asia Times

8th April, 2014

The leaders of seven countries of South and Southeast Asia – Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand – gathered in Naypyidaw, Myanmar last month to take part in the third Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) summit. 

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Global Peace vs. Global Interventionism and Imperialism

Posted by seumasach on April 6, 2014

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Emerging dynamics of petro-yuan standard

Posted by seumasach on April 4, 2014

Jim Willie

Goldseek

4th April, 2014

The shocks will be many as the USDollar struggles and falls off the global financial stage in full view. The desperate maneuvers like in Syria and Ukraine should be seen as last ditch efforts to save a dying system. For two decades the USDollar has been defended by military means. Worse, for 50 years the USGovt has been a hidden nazi enclave of wicked fascists who have hidden behind their overt disdain for communism, with Kissinger the flag bearer, with Brzezinski the ideologue, with Papa Bush the executor, with narcotics and genetics and gold thefts their principal agenda. The official US support of fascist regimes includes a list of nations as long as your arm. Since 2008 when the Lehman kill was executed in order to rescue Goldman Sachs, when Fannie Mae was hidden under the USGovt roof to prevent its $trillion fraud from being exposed, and when AIG was tucked in the USFed basement closet for ample monetized rescues to patch the derivative black holes, the Anglo-American banking system has indeed been going through trials and tribulations, leading to its death throes. The climax of the banking system death process is upon us finally, the fibrillations of sudden illiquidity against the backdrop of relentless unforgiving insolvency so evident to those with eyes that function. Never before has the USGovt been so plain in its fascist ways, with abuses on domestic soil and installed nazi regimes on foreign soil. They kill economies systematically. They wage war relentlessly, using it as a business initiative. They control bank movements obsessively. They monitor human movement compulsively. In Kiev were seen the swastikas on armbands. The name Neo-Con is derived as a more palatable version of Neo-Nazi. The game is over for their captured gutted violated USDollar kingdom in a veritable killing field of nations.

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Turkey’s Sultan rewrites history

Posted by seumasach on April 1, 2014

M.K.Bhadrakumar

Indian Punchline

31st March, 2014

The mystique of democratic elections never wears off. Throwing into the dustbin all media projections and opinion polls and so on through the recent months, Turkish people have handed down to Recep Tayyip Erdogan a resounding victory in the local elections held on Sunday. 

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Dollar hegemony under attack by export-superpowers Germany and China

Posted by seumasach on March 30, 2014

Testerone Pit

29th March, 2014

The word dollar didn’t even come up. “The volume of transactions that can be carried out in the Chinese currency in international and German financial centers is not commensurate with China’s importance in the global economy,” the Bundesbank explained in its dry manner on Friday in Berlin, after signing a memorandum of understanding with the People’s Bank of China. President Xi Jinping and Chancellor Angela Merkel were looking on. It was serious business. Everyone knew what this was about. No one had to say it.

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Bundesbank, PBOC in pact to turn Frankfurt Into Renminbi hub

Posted by seumasach on March 30, 2014

BusinessWeek

27th March, 2014

Germany’s Bundesbank and the People’s Bank of China agreed to cooperate in the clearing and settling of payments in renminbi, paving the way for Frankfurt to corner a share of the offshore market.

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Kerry’s lonely crusade against Venezuela

Posted by seumasach on March 21, 2014

Mark Weisbrot

RINF

21st March, 2014

Images forge reality, granting a power to television and video and even still photographs that can burrow deep into people’s consciousness without them even knowing it. With a wide variety of sources and people on the ground to talk to, I thought I was immune to the repetitious portrayals of Venezuela as a failed state in the throes of a popular rebellion. But even I was not prepared for what I saw in Caracas: how little of daily life appeared to be affected by the protests, the normality that prevailed in the vast majority of the city. I, too, had been taken in by media imagery.

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China starts to make a power move against the U.S. dollar

Posted by seumasach on February 21, 2014

This looks like a good moment to curb CIA activities in Ukraine and Venezuela

Investment Watch

20th February, 2014

In order for our current level of debt-fueled prosperity to continue, the rest of the world must continue to use our dollars to trade with one another and must continue to buy our debt at ridiculously low interest rates.  Of course the number one foreign nation that we depend on to participate in our system is China.  China accounts for more global tradethan anyone else on the planet (including the United States), and most of that trade is conducted in U.S. dollars.  This keeps demand for our dollars very high, and it ensures that we can import massive quantities of goods from overseas at very low cost.  As a major exporting nation, China ends up with gigantic piles of our dollars.  They lend many of those dollars back to us at ridiculously low interest rates.  At this point, China owns more of our national debt than any other country does.  But if China was to decide to quit playing our game and started moving away from U.S. dollars and U.S. debt, our economic prosperity could disappear very rapidly.  Demand for the U.S. dollar would fall and prices would go up.  And interest rates on our debt and everything else in our financial system would go up to crippling levels.  So it is absolutely critical to our financial future that China continues to play our game.
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Venezuela: raid on Leopoldo López’s headquarters as Maduro cracks down

Posted by seumasach on February 18, 2014

The great about quantitative easing is that at the same time as providing an ongoing bailout of Wall Street it releases speculative funds to drive up food prices globally. This enables further US-backed destabilization campaigns, led by “activists” and cheer-led by the Guardian newspaper,  directed against the worlds “regimes”. But these dollars are now coming home to roost with the promise of hyper-inflation in the homeland. How will our “regimes” respond?

Guardian

18th February, 2014

A crowd of anti-government activists wrested free an opposition politician as he was being hauled away in handcuffs by security forces following a raid on the party headquarters of Leopoldo López, President Nicolas Maduro’s biggest foe.

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China’s push into ‘America’s backyard’

Posted by seumasach on February 17, 2014

The Diplomat

8th February, 2014

The United States has been quite vocal about its “pivot to Asia,” but as Washington seeks to further its influence in the Asia-Pacific, China has been quietly upping its own importance to Central and Latin America. Now China is making a push to further its engagement with countries in the Western Hemisphere, as evidenced by the announcement of a new dialogue mechanism. The Community of Latin American and Caribbean States (CELAC), which met in Cuba from January 28 to 29, adopted a statement announcing the establishment of a China-CELAC Forum.

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