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.

BRICS against Washington consensus

Posted by seumasach on July 15, 2014

Pepe Escobar

Asia Times

15th July, 2014

The headline news is that this Tuesday in Fortaleza, northeast Brazil, the BRICS group of emerging powers (Brazil, Russia, India, China, South Africa) fights the (Neoliberal) World (Dis)Order via a new development bank and a reserve fund set up to offset financial crises. 

Read more

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

Modi’s BRICS moment

Posted by seumasach on July 14, 2014

M.K.Bhadrakumar

Indian Punchline

13th July, 2014

The Bharatiya Janata Party’s election manifesto made it a point to mention BRICS as a foreign policy priority. Thus, there is really no scope to debunk the upcoming summit of the grouping in Brazil tomorrow as an “inherited baggage” for Prime Minister Narendra Modi, as some detractors in India have prematurely judged in their haste to caricature the event.

Read more

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

BRICS averse to American policy of isolation

Posted by seumasach on July 14, 2014

BRICS Post

14th July, 2014

Moscow must consolidate relations with BRICS that “do not follow the American policy of isolation”, says Alexei Pushkov, Chairman of the Russian State Duma Committee on International Affairs.

Read more

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

India welcomes BCIM initiative

Posted by seumasach on July 4, 2014

India okay with BCIM, wants details on China maritime silk road

Times of India

30th June, 2014

BEIJING: India today backed China’s initiative to build a regional economic corridor also linking Bangladesh and Myanmar, but sought more details from Beijing about its plans for a Maritime Silk Road (MSR) before deciding to take part in the endeavour.

Read more

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

France’s Noyer says BNP may prompt shift away from Dollar

Posted by seumasach on June 13, 2014

France’s Noyer Says BNP May Prompt Shift Away From Dollar

Bloomberg

11th June, 2014

Bank of France Governor Christian Noyer said the U.S. investigation into BNP Paribas SA (BNP)’s dealings with sanctioned nations may encourage companies to stop using dollars in international transactions.

Read more

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

BRICS nations hope to bankroll a changing world order

Posted by seumasach on June 9, 2014

Aljazeera

4th June, 2014

After more than six decades of dictating development policy in much of the emerging world, the Western-led International Monetary Fund and World Bank may soon have some competition.

The BRICS nations — Brazil, Russia, India, China and South Africa — are reportedly close to finalizing their long-awaited development bank and currency reserve, each valued at $100 billion, in what has been billed as a historic challenge by the world’s emerging economies to a global financial architecture that has been dominated by the U.S. and Western Europe since its post–World War II inception.

Read more

Posted in Currency Wars | Tagged: , | Leave a Comment »

Turkish-Iranian ties get a makeover

Posted by seumasach on June 9, 2014

M.K.Bhadrakumar

Indian Punchline

9th June, 2014

The two-day visit by Iranian President Hassan Rouhani to Turkey on Monday is invested with a lot of significance for the Middle Eastern politics. The glaring 18-year gap since the then President Hashemi Rafsanjani visited Turkey in 1996 flags what a complex relationship this has been between the two neighboring countries. Their hidden, unspoken rivalries as regional powers largely accounted for this complexity, laced with the perennial civilizational overtones that lurk below the surface.

Read more

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

Seek economic ties with Russia

Posted by seumasach on June 3, 2014

Jamaica Gleaner

3rd June, 2014

It has inspired little or no official attention in Kingston or otherCaribbean capitals, perhaps because policymakers are skittish over the stand-off between the West and Russia caused by the Ukraine affair.

Read more

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

The future visible in St Petersburg

Posted by seumasach on May 29, 2014

Pepe Escobar

Asia Times

29th May, 2014

The unipolar model of the world order has failed. 
– Vladimir Putin, St Petersburg, May 22

In more ways than one, last week heralded the birth of aEurasian century. Of course, the US$400 billion Russia-China gas deal was clinched only at the last minute in Shanghai, on Wednesday (a complement to the June 2013, 25-year, $270 billion oil deal between Rosneft and China’s CNPC.)

Read more

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

Russia steps up war on U.S. dollar

Posted by seumasach on May 25, 2014

WND

25th May, 2014

NEW YORK – Russia over the last year has sold off one-third of its U.S. Treasury holdings, according to records released by the Treasury Department and the Federal Reserve Board.

Read more

Posted in Currency Wars | Leave a Comment »

Impact Analysis: Russia-China gas deal

Posted by seumasach on May 24, 2014

Gateway House

23rd May, 2014

Russia’s gas supply agreement with China represents a shift away from its traditional European markets, towards Asia. The deal also presents a blue print that India can follow to secure its own energy supplies. By drawing Russia into the LNG business, India can also help bring down natural gas prices

Read more

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

 
Follow

Get every new post delivered to your Inbox.

Join 956 other followers

%d bloggers like this: