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.

Repenser l’Euroland pour une meilleure démocratisation de l’UE

Posted by seumasach on February 13, 2014

Marie-Helene Caillol


31st January, 2014

Certains considèrent la zone euro comme le centre névralgique de l’UE, d’autres souhaitent qu’un Parlement propre lui soit dédié. Selon le Laboratoire Européen d’Anticipation Politique, la priorité serait d’inviter les citoyens à réfléchir au sujet.

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

US Fed Chair Janet Yellen reassures Wall Street

Posted by seumasach on February 13, 2014

The Federal Reserve had been purchasing $85 billion in Treasury and mortgage-backed securities per month, but it announced that it would reduce its monthly pace of purchases to $75 billion in January and to $65 billion in February. In her testimony, Yellen reaffirmed that another reduction in the pace of asset purchases is likely to be announced at the next policy meeting in March.

Yellen cannot continue a zero-interest rate policy and continue tapering QE. QE, the systematic devaluation of the dollar, still the world’s reserve currency, has led to rising prices globally and threatens to provoke a global revolt against US finical hegemony. That is why the Fed is tapering and why interest rates will rise at some point in the none too distant future.

US Fed Chair Janet Yellen reassures Wall Street on easy money policy

Andre Damon(WSWS)


US Federal Reserve Chair Janet Yellen reassured Wall Street in her first congressional testimony Tuesday that the Fed would continue its zero-interest-rate policies into the indefinite future.

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

Egypt’s army chief heads to Moscow

Posted by seumasach on February 13, 2014

,posing in a presidential look ahead of announcing his bid

Montreal Gazette

12th February, 2014

CAIRO – Egypt’s military chief headed to Russia Wednesday on his first trip abroad since ousting the country’s Islamist president, part of a shift to reduce reliance on the United States at a time of frictions between the longtime allies.

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

Jim Willie-US $ implosion and petrodollar demise in 2014

Posted by seumasach on February 8, 2014

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

The US pivot: Rebalancing as retreat

Posted by seumasach on January 30, 2014

John Feffer

Asia Times

30th January, 2014

In a future update of The Devil’s Dictionary, the famed Ambrose Bierce dissection of the linguistic hypocrisies of modern life, a single word will accompany the entry for “Pacific pivot”: retreat.

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Ukraine implodes, options dwindle

Posted by seumasach on January 25, 2014

“The West sees ahead a crucial juncture in post-Cold War era for countering what it perceives as Moscow’s strategm to pit Eurasian integration against European integration. 
Moscow maintains that the two integration processes can co-habitate and can have overlapping geo-strategic space, but Europe rejects that notion, which it equates as acquiescence with Russian hegemony in Eurasia.” 


Indian Punchline

25th January, 2014

Ukraine is on the boil. The anti-government protests have become confrontational and have drawn blood in the past few days. President Viktor Yanukovich has been so far insisting that a change of leadership is possible only through the presidential election scheduled for March 2015, but that stance has come under growing pressure.

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Long Live African Unity!

Posted by seumasach on December 7, 2013

Those who are Irritated by our Friendship with Brother Leader Gaddafi can Jump in a Pool

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Cameron tries out his Chinese

Posted by seumasach on December 5, 2013

Cailean Bochanan

5th December, 2013

Who said that we Brits are slow when it comes to speaking foreign languages! It’s particularly gratifying for me to see David Cameron in China trying out his Chinese, touting for business for some of his cronies, and pointedly neglecting to mention the Dalai Lama. Could it be that he is finally following my call in these columns for a strategic partnership with China? Are we seeing Britain finally embracing multipolarity in a historic geostrategic compromise? If the Foreign Office are now coming round to my way of thinking let us hope that they embrace it with all the zeal of the belated convert. But will the Chinese reciprocate?
An article in Global Times suggests not:

“We’ve discovered that Britain is easily replaceable in China’s European foreign policy,” said the editorial in the newspaper’s Chinese edition. “Moreover, Britain is no longer any kind of ‘big country,’ but merely a country of old Europe suitable for tourism and overseas study, with a few decent football teams.”

However, I would suggest that China is just playing hard to get and not even that hard judging by the spate of investment already on the way here. What’s in it for China, apart from the endless stream of basement price gold? Geopolitics,silly! I have the impression that the Chinese see the old imperial power as a major influence over the USA and potentially a focus for neo-con deadenders seeking to reverse Obama’s historic shift towards a realist foreign policy. They would then be particularly keen to neutralize it. They also wish to make it quite clear that inward investment comes with strings attached namely, non-intervention in China’s internal affairs.
Cameron I believe understands this. Britain is in no position to maintain it’s right to pontificate on human rights,to go on throwing stones, although he must make an occasional nod to public opinion back home. He has also understood what’s at stake for us:
“Britain, having had some very difficult years, having suffered badly in the crisis, is on a mission to rebuild.”
He appears to have grasped the relationship, which I have been pointing out for some time, between reconstruction at home and strategic partnerships abroad: it’s not just about selling a few sausages from Melton Mowbray.
He has also grasped that Britain’s attractiveness for inward investment depends on continued membership of the EU. This is a difficult question for Cameron. The British oligarchy has long demonized the EU in favor of the Wall Street/City of London axis. But their campaign to knock out the Euro failed and Obama has since signaled the end of the special relationship. Cameron’s pose as a representative of the EU promoting free trade may appear to be just a piece of impertinence but it is a clever way of signaling to China his commitment to Europe without triggering alarm bells back home amongst a still eurosceptic public. Whilst Cameron is busy marginalizing the Labour Party and the left, ably abetted by Alex Salmond and his devo-max agenda which will help keep Scottish radicals out of Westminster, his main problem is to marginalize the right,UKIP and  his own eurosceptic wing, if he is to build on the China partnership.

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

Iran deal safe from US attacks, for now

Posted by seumasach on December 5, 2013


Jim Lobe

Asia Times

5th December, 2013

WASHINGTON – Ten days after the signing in Geneva of a groundbreaking deal on Iran’s nuclear program, the agreement appears safe from any serious attack by the strongly pro-Israel US Congress, at least for the balance of 2013.

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

Li: Britain and China “indispensable and equal partners”

Posted by seumasach on December 3, 2013

Li said Britain and China were indispensable and equal partners, noting the prime minister’s recent approach to Beijing by acknowledging the territorial integrity of China – diplomatic code for accepting Beijing’s rule over Tibet.

Li said: “We have become indispensable partners for each other’s development. China and the UK must treat each other as equals.”

From Guardian, 2nd December, 2013

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

UK seeks Chinese investment

Posted by seumasach on December 3, 2013

“We think we have a lot to learn from China because of the success of your high-speed rail. I said to your president and prime minister yesterday that just as we welcome Chinese investment into nuclear power, into other infrastructure so there will be very open competition to provide the infrastructure for our network. We will welcome Chinese investment into that.”


3rd December, 2013

UK would welcome Chinese investment in HS2, says David Cameron

David Cameron has told the Chinese leadership that he would welcome investment by Beijing in Britain’s high-speed rail network.

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


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