In These New Times

A new paradigm for a post-imperial world

What does David Cameron want from the EU?

Posted by seumasach on June 27, 2015

… No one knows. But he wants it now

Guardian

26th June, 2015

I enjoy watching David Cameron at European summits. He has the air of an actor in an advert playing someone in an important job. You know the sort of thing: you watch them move purposefully through a buzzy office pointing at things before they turn brusquely to the camera and declare: “I work in a fast-paced environment where every decision counts. I demand performance from an antiperspirant.”

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Poroshenko: Overthrow of Yanukovych was a coup

Posted by seumasach on June 27, 2015

Ukraine’s Pres. Poroshenko Says Overthrow of Yanukovych Was a Coup

GEAB

23rd June, 2015

Ukraine’s President Petro Poroshenko requests the supreme court of Ukraine to declare that his predecessor, Viktor Yanukovych, was overthrown by an illegal operation; in other words, that the post-Yanukovych government, including Poroshenko’s own Presidency, came into power from a coup, not from something democratic, not from any authentic constitutional process at all.

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Greek debt deal jeopardized by leftist anxiety in Athens

Posted by seumasach on June 25, 2015

Now is the moment when the failure of the left to develop clear objectives makes them part of the problem rather than part of the solution. The alternatives are either austerity without end to bail out the banks or temporary austerity, with guarantees to protect the weakest, as the banks are put through bankruptcy and the system converts from a parasitic financier, consumer system to a productive system with a reconstructed real economy. Their “anti-imperialism” is merely a pose which ignores the simple reality that the entire West has enjoyed a good standard of living for decades based on the collective exploitation of the rest of the world. The conversion from living off the rest to relying on the fruits of our own labour is bound to be painful but is inevitable given that that Global South is no longer obliged to continue that game. The “anti-austerity” mantra is based on the false notion that there is no crisis of imperialism and their purely emotive knee-jerk reaction could disrupt Tsipras’ intelligent war of position which is helping to lay the foundations for a pan-European transformative programme.

Sputnik News

23rd June, 2015

Greece’s radical left lawmakers are firmly opposed to the deal the PM Alexis Tsipras put forward to the pool of international creditors on Monday, marking a significant threat to a successful resolution of the Greek debt crisis.

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Russia through the Saudi looking glass

Posted by seumasach on June 25, 2015

Nonetheless, Rashed sums up: “Of course, we shouldn’t read into any new developments outside political frameworks, because I can hardly imagine that Saudi Arabia has decided to turn against its alliances (with the West) – but it probably wants to get out of the narrow US corner and expand its options”.

The Saudis can downplay this as much as they want- the simple fact is that getting out of “the narrow US corner” is tantamount to ending the reign of the petrodollar

M.K.Bhadrakumar

Asia Times

24th June, 2015

The latest bunch of diplomatic cables released by WikiLeaks as part of the half a million files relating to Saudi Arabian Foreign Ministry contains a revealing document on an “arrangement of reciprocal support to the candidature of the Government of Russia to the Human Rights Council on the understanding that the Government of Russia would also extend its valuable support to the candidature of Saudi Arabia” in the elections to the body held in May 2013.

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China to invest billions in EU investment fund

Posted by seumasach on June 24, 2015

Investment fund, Greece in focus as Chinese Premier readies for EU trip

BRICS Post

23rd June, 2015

Chinese Premier Li Keqiang will attend the 17th China-EU leaders’ meeting later this month in Brussels, the first since the change of EU leadership.

Li will, during the summit, announce plans to inject billions of dollars into a much-touted EU investment fund. The new European Fund for Strategic Investment (EFSI) plans to invest 315 billion euros into the EU’s ailing economy.

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Across Europe, protesters call for solidarity with Greece

Posted by seumasach on June 23, 2015

The moment is approaching when the bankruptcy of the financial sector, a dead weight on the overall economy , has to be addresses. This “bail-in” or de-facto bankruptcy process will itself be painful, resulting in the wipeout of billions in shares and paper securities but it is the indispensable basis for reconstruction of the real economy.

GEAB(source-Deutsche Welle)

22nd June, 2015

Brussels and Amsterdam have joined London, France, Germany and Italy in hosting mass rallies in support of cash-strapped Greece. Demonstrators said the financial sector must take responsibility for the damage it caused.

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

Sino-Russian rapid rapprochement to undermine dollar

Posted by seumasach on June 21, 2015

Sino-Russian rapid rapprochement giving Western financiers the shivers

Sputnik

19th June, 2015

The Sino-Russian rapid rapprochement, accelerated by anti-Russian sanctions, gives Western financiers the shivers and prompts fears for the West’s economic fortunes and the future of the US dollar.

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St. Petersburg in the heart of the action

Posted by seumasach on June 21, 2015

Pepe Escobar

Asia Times

20th June, 2015

The dogs of western fear and sanctions bark, while the Eurasian caravan passes.

And no caravanserai could possibly compete with the 19th edition of the St. Petersburg International Economic Forum (SPIEF). Thousands of global business leaders – including Europeans, but not Americans; after all, President Putin is “the new Hitler” – representing over 1,000 international companies/corporations, including the CEOs of BP, Royal Dutch Shell and Total, hit town in style.

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Tsipras reaches out to Putin

Posted by seumasach on June 20, 2015

Asked whether Russia saw its economic future more closely bound into a China-led grouping, he added: “We are not creating a bloc-based approach. We are trying to create a global approach.”

Greek prime minister reaches out to Vladimir Putin for help in financial crisis

Guardian

19th June, 2015

Alexis Tsipras, the Greek prime minister, has made a broad overture to Russia as he seeks a way out of his country’s debt and currency impasse, telling Vladimir Putin that Greece wants new partners to help it out of the crisis.

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Alliance with Russia is needed in order to establish peace in Syria and Iraq

Posted by seumasach on June 19, 2015

Sputnik News

19th June, 2015

The Ukrainian crisis needs to be resolved, and a large alliance with Russia is needed in order to establish peace in Syria and Iraq, former French Prime Minister François Fillon told Sputnik on Friday.

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Posted in Global peace process | Leave a Comment »

The vicious circle of Western sanctions against Russia must end

Posted by seumasach on June 19, 2015

Sputnik

19th June, 2015

The vicious circle of Western sanctions against Russia must be stopped, Greek Prime Minister Alexis Tsipras said Friday.

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