In These New Times

A new paradigm for a post-imperial world

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Japan suggests Russia use Yen instead of US Dollar in transactions

Posted by seumasach on September 5, 2015

It is ironic that as the dollar sores it is gradually being phased out as the world’s leading trading currency. The dollar is obviously being boosted by hot money flows and unravelling carry trades. This is a temporary state of affairs, the deeper underlining trend being towards the overthrow of the dollar as the world’s reserve currency.

Japan Suggests Russia Use Yen Instead of US Dollar in Transactions


4th September, 2015

VLADIVOSTOK, September 4 (Sputnik) – Tokyo has suggested to Moscow that Russia use the Japanese national currency, the yen, in its transactions instead of the US dollar in order to minimize risks, Tadashi Maeda, the Senior Managing Director of the Japan Bank for International Cooperation (JBIC), said Friday.
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Bombing Soviet Russia into the stone age

Posted by seumasach on September 5, 2015

From 1945 – 49 the US and UK Planned to Bomb Russia into the Stone Age

Russia Insider

4th September, 2015

Just weeks after the Second World War was over and Nazi Germany defeated Soviet Russia’s allies, the United States and Great Britain hastened to develop military plans aimed at dismantling the USSR and wiping out its cities with a massive nuclear strike.

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The East India Company: The original corporate raiders

Posted by seumasach on August 22, 2015

William Dalrymple


4th March, 2015

One of the very first Indian words to enter the English language was the Hindustani slang for plunder: “loot”. According to the Oxford English Dictionary, this word was rarely heard outside the plains of north Indiauntil the late 18th century, when it suddenly became a common term across Britain. To understand how and why it took root and flourished in so distant a landscape, one need only visit Powis Castle.

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Erdoğan’s ‘election war’

Posted by seumasach on August 11, 2015

“A U.S. condemnation of the crackdown on HDP — and Kurds more generally — could carry considerable weight. The U.S. holds significant leverage in terms of Turkey’s forays across international borders. The U.S. doesn’t have to back Turkey strikes in Qandil. It can insist that if Turkey won’t participate in the anti-ISIS coalition under U.S. direction, that it better not strike Syrian Kurdistan, even inadvertently.”


11th August, 2015

ISTANBUL — Turkey sustained an unprecedented slew of militant attacks Monday, the product of a controversial “war on terror” instigated by an interim government under the guidance of President Recep Tayyip Erdoğan.

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German ‘wisemen’ say euro zone states should be able to go bankrupt

Posted by seumasach on July 28, 2015


28th July, 2015

The German government’s panel of independent economic advisers favors the creation of a sovereign insolvency mechanism for euro zone states to prevent future crises and says countries should be able to leave the currency bloc as a last resort.

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Germany open to discuss euro zone budget with own tax

Posted by seumasach on July 28, 2015


26th July, 2015

Germany is willing to discuss the creation of a euro zone finance minister who would have his own budget and raise extra taxes, the German magazine Der Spiegel reported on Saturday.

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Russia seeks united anti-ISIS front

Posted by seumasach on May 26, 2015


26th May, 2015

Moscow has condemned the massacre of civilians in the ancient city of Palmyra, urging the international community to denounce double standards in its approach to fighting terrorists, and unite against IS (Islamic State, formerly ISIS/ISIL) aggression.

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Russian missile sale to Iran involves unseen deals with Israel

Posted by seumasach on May 5, 2015


4th May, 2015

Last month, when President Vladimir Putin of Russia announced plans to sell a powerful anti-missile system to Iran before the lifting of international sanctions, Israel was quick to join the U.S. in expressing shock and anger.

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China overtakes US as Australia’s top foreign investors

Posted by seumasach on May 2, 2015


1st May, 2015

China has surpassed the United States to become Australia’s largest foreign investor, official data show.

Australia’s Foreign Investment Review Board (FIRB) said in its annual report on Thursday that China spent over AUD 27.7 billion (USD 21.8 billion) in Australia’s market in the fiscal year that ended on June 30, 2014, far outstripping the United States and Canada with AUD 17.5 billion and AUD 15.4 billion, respectively.

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Britain must give the West a lead on defence

Posted by seumasach on April 6, 2015

John Bolton epitomizes the views of those whose attachment to the fading hopes of Anglo-American hegemony in the world leads them to grasp the prospect of a “New Cold War” without end with all the desperation of a drowning man. Behind them of course is the Military Industrial Complex, the ultimate lobby. But the perversity of the view that the West can only prosper within the context of a permanent military standoff against enemies who endlessly renew themselves renders Bolton’s efforts merely a kind of devils’ advocacy. What better argument for ending Trident and demilitarizing the bankrupt empire than this grim argumentation so out of tune with prevailing aspirations for peace and international cooperation. Bolton also confirms what I have been arguing in these columns for over two years now, namely, that Obama is leading the retreat from empire. In despair, Bolton looks to Britain.


6th April, 2015

Strengthening Britain’s defence capabilities is critical in a turbulent world, to protect not only the United Kingdom, but the West and its global allies more broadly. Rather than seeking ever-deeper military budget cuts, the UK – and the US – should be planning on sharp increases in manpower, weapons systems, and information technology.

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Russia high speed railway to connect Europe and America

Posted by seumasach on March 26, 2015

Russia unveils plans for high speed railway and superhighway to connect Europe and America



Plans for a new high-speed transport corridor that could potentially link London and New York by rail and superhighway have been unveiled.

The idea, dubbed the Trans-Eurasian Belt Development (TERP), would see a high speed railway and motorway built from Eastern Europe, across Siberia and over the Bering Strait to Alaska.

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