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.
Posted by seumasach on February 1, 2016
Here comes the showdown between the Western financial model and the Chinese one viewed through a Western prism in this article. This looks to me like desperate stuff from Soros and his speculator friends.
31st January, 2016
One month ago, we first revealed that for one prominent winner from the subprime crisis, Hayman Capital’s Kyle Bass, “the greatest investment opportunity right now” is to short the Chinese Yuan: as he explained “given our views on credit contraction in Asia, and in China in particular, let’s say they are going to go through a banking loss cycle like we went through during the Great Financial Crisis, there’s one thing that is going to happen: China is going to have to dramatically devalue its currency.” He even went so far as to give a timeframe: “we think it’s going to be in the next 12-18 months.”
Posted in Currency Wars | Tagged: chinese financial system, Soros v. China | Leave a Comment »
Posted by seumasach on January 30, 2016
The significance of Lavrov’s remarks is not that we are heading to a showdown between Russia and the US but, rather, that Russia now assesses that it has sufficient sympathy and support for its viewpoint inside the USA to feel able to move more aggressively to sideline the neocons. Lavrov’s comments on the Litvinenko affair showed that Russia has reach the limit in terms of accommodation with imperial redoubts like the UK, or, at least, with the Cameron leadership
On Tuesday, 26 January Russian Foreign Minister Sergey Lavrov held his annual press conference before an audience of about 150 journalists, including the BBC correspondent Steve Rosenberg and many other well-known representatives of mainstream Western media. The purpose of this traditional event is to review issues faced by his Ministry in the past year and to give his appraisal of results achieved.
Posted in Multipolar world | Tagged: Russian diplomacy | Leave a Comment »
Posted by seumasach on January 10, 2016
7th January, 2015
Advance signs of a global slump in economic activity emerged in 2015
Furthermore, the dollar’s strength, coupled with widening credit spreads confirms a global tendency for dollar-denominated debt to contract. These developments typically precede an economic and financial crisis that could manifest itself in 2016, partially confirmed by the disappointing performance of equity markets. If so, demand for physical gold can be expected to escalate rapidly as a financial crisis unfolds.
Posted in Currency Wars | Tagged: Chinese soft power, dollar collapse, gold-backed yuan | Leave a Comment »
Posted by seumasach on January 10, 2016
Just the Beginning: Iran, India Dump Petrodollar, Settle Oil Payments in Rupees
6th January, 2015
Iran and India have announced that they intend to settle all oustanding crude oil payments in rupees, as part of a joint strategy to dump the dollar and trade instead in national currencies.
Posted in Currency Wars | Tagged: dollar collapse, End of empire | Leave a Comment »
Posted by seumasach on January 3, 2016
As Obama’s retreat from empire becomes more evident the revolt on the imperial periphery gains momentum : Turkey, Saudi and now Poland- it’s everyone for himself.
18th December, 2015
Polish military police have raided a Nato-affiliated counterintelligence centre in Warsaw in the latest of a series of moves by the country’s new rightwing government to consolidate its hold on power.
Posted in Multipolar world | Tagged: Death of Nato, disband nato, retreat from empire | Leave a Comment »
Posted by seumasach on December 6, 2015
26th November, 2015
As more and more Chinese enterprises expand into Africa, there has been increasing interest in China’s economic activities in the continent. As well as positive feedback, there have also been some negative comments, with China having been accused of neo-colonialism, of grabbing resources and dumping low-quality products.
Posted in Multipolar world | Tagged: chinese financial system, Chinese soft power | Leave a Comment »
Posted by seumasach on November 15, 2015
14th November, 2015
China’s yuan moved closer to joining other top global currencies in the International Monetary Fund’s benchmark foreign exchange basket on Friday after Fund staff and IMF chief Christine Lagarde gave the move the thumbs up.
Posted in Multipolar world | Tagged: global reset, new global financial architecture, rising yuan | Leave a Comment »
Posted by seumasach on October 25, 2015
Here is an unusual article from the British left which actually praises the Chinese economic model. The points made seem valid although there is no discussion of the role of finance, an omission, I think, given Deng’s maxim that “whatever you do always keep control of the financial system”. John Ross is a supporter of Corbyn: hopefully Corbyn can also back the trend on the left of complete contempt for China’s achievements. We shall see.
– why China has the world’s strongest macro-economic structure
5th September, 2015
A great deal of highly inaccurate material is currently appearing in the Western media about the ‘crisis’ of China’s economy – an economy growing three times as fast as the US or Europe. This follows a long tradition of similarly inaccurate ‘crash’ material on China symbolised by Gordon Chang’s 2002 book ‘The Coming Collapse of China’.
Posted in Multipolar world | Tagged: China Economic Rise, china's economic model | Leave a Comment »
Posted by seumasach on October 22, 2015
It will be interesting to learn more about this new financial centre.
China Builder Revives $2.6 Billion London Project After Xi Visit
22nd October, 2015
Chinese developer ABP (China) Holdings Group Ltd. has brought in a unit of state-backed Citic Group as an investor in a project to transform London’s Royal Albert Dock into a financial center after the estimated cost surged and work was delayed.
Posted in Multipolar world, UK economy | Tagged: China-UK comprehensive strategic partnership | Leave a Comment »
Posted by seumasach on October 21, 2015
Britain can’t ignore this reality
19th October, 2015
Who would have guessed just three years ago that the David Camerongovernment would be the author of the boldest change in British foreign policy since the second world war? That is exactly what is now unfolding.
Posted in Multipolar world, UK economy | Tagged: China-UK comprehensive strategic partnership, Chinese soft power, special relationship with China | Leave a Comment »
Posted by seumasach on October 7, 2015
6th October, 2015
Turkey has voiced strong opposition to the Russian military intervention in Syria. How far will Turkey take this campaign?
Posted in Global peace process, Multipolar world, Syria | Tagged: East-West alliance against ISIL, Obama's realist turn, Russian diplomacy | 1 Comment »