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.

EU preparing early China summit in message to Trump

Posted by seumasach on February 20, 2017

Nation

16th February, 2017

The European Union is preparing an early summit with China in April or May in Brussels to promote free trade and international cooperation in the face of a more protectionist and inward-looking Washington, three EU officials said.

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Germany urges EU to speed trade deals after Trump, Brexit

Posted by seumasach on January 28, 2017

Reuters

27th January, 2017

Germany called on the European Union on Friday to speed deals to open trade with a dozen or more countries, mainly in Asia, and to boost support for free trade around the world in response to scepticism about it from new U.S. President Donald Trump.

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Deutsche Bank sees end to pound’s reserve status

Posted by seumasach on January 28, 2017

Mr Winkler has cited data from the IMF which shows that the sterling share of global reserves has fallen slightly in the two quarters to September.

He also says the Chinese central bank is moving out of sterling more rapidly than it moves out of other currencies, as it sells down its massive hoard of reserves in order to stop the value of the renminbi from falling too fast.

27th January

Read Independent article:  Is the pound in danger of losing its reserve currency status because of Brexit?

 

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Rex Tillerson means business and it’s fine with Russia and China

Posted by seumasach on January 25, 2017

M.K.Bhadrakumar

Indian Punchline

24th January, 2017

Rex Tillerson, US President Donald Trump’s nominee as state secretary, has narrowly won confirmation from the Senate Foreign Relations Committee – 11 senators in favor and 10 against. The split is on party lines and the clincher came on Monday when Republican senator Marco Polo (who regarded Russian President Vladimir Putin to be a ‘war criminal’ and vainly insisted that Tillerson agreed with him) fell in line at the eleventh hour.

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China wealth fund wants to turn Treasuries to U.S. Infrastructure

Posted by seumasach on January 22, 2017

Larouchepub

17th January, 2017

Jan. 16, 2017 (EIRNS)—In a speech to the Asia Financial Forum in Hong Kong today, China Investment Corporation chairman Ding Xuedong said that CIC wants to change its holdings of U.S. Treasury debt, into an investment in building of new infrastructure in the United States. Ding’s speech was reported in the South China Morning Post, Reuters, and other media.

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How Israel can align its strategy with China’s Silk Road

Posted by seumasach on January 22, 2017

Kevin Lim

Asia Times

21st January, 2017

When China’s President Xi Jinping articulated his idea of the Silk Road Economic Belt (SREB) in Astana in September 2013 and again a month later in Jakarta, 1what emerged was a vision to parlay large-scale economic dynamism into a foreign policy projecting Chinese influence overseas in the name of development. Inclusive and expansive at once, this is an ambitious vision and one which could seal ours as the Chinese century if it succeeds in weaving the loose ends of China’s overseas interests into a coherent whole. Three years into SREB, now better known as the “Belt& Road Initiative” (BRI), a part of the vision is slowly taking on flesh. The volume of media reports attests to this. What remains less clear is the strategic implications and opportunities of BRI on China’s partners. Occupying a slight sliver at the intersection of West Asia and the Middle East, Europe and Africa — regions of intimate relevance to BRI — Israel too has joined the new Silk Road caravan. Where does it fit in, and what difference does BRI make?

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China is changing the Middle East’s geo-political dynamics

Posted by seumasach on January 22, 2017

New Eastern Outlook

22nd January, 2017

Nowhere has the Obama administration done more damage to the US position than in the Middle East, leaving a big void to be filled largely by China, the silent player, and Russia, the military stalwart holding the US at bay. Could this be the end of US’ unchallenged hegemony it has been enjoying since the end of the Second World War? While Russia has quite effectively sidelined the US in military terms, China’s ‘One Belt, One Road’ (OBOR) which is to stretch deep inside the Middle East and extend into Europe, is emerging as a factor that will transform the Middle East’s current geo-political landscape. Nowhere is this impact more apparent than in the emergence of Israel as China’s most important partner. With Israel acquiring a pivotal position in China’s mid-eastern calculus, other countries’ relations, particularly those trying to tap into China’s economic projects, with Israel are also likely to undergo a very meaningful transformation.

 

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Global helmsman Xi Jinping steps up with charm offensive

Posted by seumasach on January 18, 2017

Pepe Escobar

Asia Times

17th Janaury, 2017

He did it, his way; Chinese President Xi Jinping descended on the Swiss Alps; profited from a geopolitical vacuum only three days before Donald Trump’s inauguration with the Atlanticist West mired in stagnation and/or protectionism; unleashed a charm offensive; and deftly positioned China in the lead of “inclusive” globalization.

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Xi Jinping delivers robust defence of globalisation at Davos

Posted by seumasach on January 18, 2017

It is precisely the fact that China is now leading globalization which has led to growing anti-globalization sentiment and rhetoric amongst Western elites. Up till now they have never been concerned about people being”left behind by globalization”. Brexit Britain and Trump’s America now seem to think they can “contain” China. This is a delusion: China has already forged deep ties globally with its win/win approach a welcome contrast to the West’s “winner takes all” approach

FT

18th January, 2017

China’s president launched a robust defence of globalisation and free trade on Tuesday, drawing a line between himself and Donald Trump just three days before the US president-elect’s inaugural address in Washington.

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Trump’s delusion: Halting Eurasian integration and saving ‘US World Order’

Posted by seumasach on January 17, 2017

Whereas all is seen through the prism of ideology, the reality behind the Trump phenomena is the failure of the unipolar project. Facts have hard heads and must ultimately impose themselves. The conveyor belt for this realism is ,logically, the armed forces who, on the hand, suffered directly from the futile wars and, on the other, survived the attempts of the neoconservative chickenhawks to isolate and diminish them. In this sense it is a patriotic movement. But, far from making America great again, the real challenge is to make of the USA a functioning nation state.

Federico Pieraccini

Stategic Culture

15th January, 2017

The failed foreign-policy strategy of the neoconservatives and neoliberals has served to dramatically reduce Washington’s role and influence in the world. Important alliances are being forged without seeking the assent of the United States, and the world model envisioned in the early 1990s – from Bush to Kagan and all the signatories of the PNAC founding statement of principles – is increasingly coming undone. Donald Trump’s victory represents, in all likelihood, the last decisive blow to a series of foreign-policy strategies that in the end undermined the much-prized leadership of the United States. The ceasefire in Syria, reached thanks to an agreement between Turkey and Russia, notably excluded the United States.

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End of the US empire: Russian warships just arrived in the Philippines

Posted by seumasach on January 7, 2017

The Anti-Media

6th January, 2016

Notable American foreign policy critic and linguist, Professor Noam Chomsky, has stated numerous times that the United States’ power has steadily been declining since the end of World War II. As Chomsky notes, in 1945, the United States had “literally half the world’s wealth, incredible security, controlled the entire Western Hemisphere, both oceans, [and[ the opposite sides of both oceans.”

In that context – and in the context of the United States waging war in multiple countries across the globe with the most advanced military technology in the world – it is hard to understand how this has happened. But Chomsky is not wrong.

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