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.

China’s communist billionaires: Darlings of Harvard, Wall Street, CFR

Posted by seumasach on February 27, 2016

New American

24th February, 2016

East Coast-West Coast, from Harvard to Hollywood, China Inc. is setting down a big footprint, with indispensable assistance from some of the biggest names on Wall Street: Goldman Sachs, Morgan Stanley, Carlyle Group, Kissinger Associates, CitiBank, JPMorgan Chase.

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Silk Road: first train arrives in Iran from China

Posted by seumasach on February 18, 2016

Silk Road’ trade route revived as first train arrives in Iran from China with goods

ABC

16th February, 2016

The first train to connect China and Iran has arrived in Tehran loaded with Chinese goods, reviving the ancient Silk Road, the Iranian railway company says.

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Iran engages with Turkey where US and Russia dither

Posted by seumasach on February 12, 2016

As this article shows, multipolarity is no longer an abstract concept, it is the emerging reality. What is also striking is the very discrete US-Russian cooperation

M.K.Bhadrakumar

Asia Times

11th February, 2016

The Russian Foreign Minister Sergey Lavrov made an extraordinary statement during an interview with the Moskovsky Komsomolets newspaper on Wednesday. He ‘tweaked’ the assessment by the Defense Ministry in Moscow a couple of days earlier that Turkey could be planning a military intervention in Syria.

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Why has Iran’s state oil company decided to dump the dollar?

Posted by seumasach on February 10, 2016

Sputnik

10th February, 2016

Tehran has taken revenge on Washington for years of US-driven economic warfare against Iran: the National Iranian Oil Company has announced that Iran will only accept payment in euros, not dollars, for its oil, F. William Engdahl notes, adding that Saddam Hussein had adopted a similar ‘petroeuro’ practice, prompting the US to invade Iraq.

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Where competing interests converge for US, China

Posted by seumasach on February 8, 2016

American policy toward Central Asia should be based on the premise that it is a region of convergent rather than competitive interests… Thus, wherever possible and appropriate, Washington should better harness…(the) Chinese presence in the region to its favor… Similarly, Washington should not try to impede China’s Silk Road Economic Belt initiative. It is not necessary and will prove ineffective for Washington to take an overly competitive approach to challenging Chinese… political, economic, and security engagement in the region”.

M.K.Bhadrakumar

Indian Punchline

8th February, 2016

The Carnegie Endowment for International Peace brought out a paper recently on the United States’ policy options toward the Central Asian region in the period ahead following the drawdown of American troops in Afghanistan. Three pundits rooted in the Russia and Eurasia Program at the Carnegie co-authored the paper and what distinguishes them is also their long stints in the US state department and National Security Council, and/or the intelligence community.

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Iran wants oil payments in euros only

Posted by seumasach on February 7, 2016

PressTV

5th February, 2016

Iran indicated on Friday that it wants to settle payments for its new and outstanding oil sales in euros and not in dollars or any other currencies.

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Legendary hedge funds take on the Chinese central bank

Posted by seumasach on February 1, 2016

Here comes the showdown between the Western financial model and the Chinese one viewed through a Western prism in this article. This looks to me like desperate stuff from Soros and his speculator friends.

Zero Hedge

31st January, 2016

One month ago, we first revealed that for one prominent winner from the subprime crisis, Hayman Capital’s Kyle Bass, “the greatest investment opportunity right now” is to short the Chinese Yuan: as he explained “given our views on credit contraction in Asia, and in China in particular, let’s say they are going to go through a banking loss cycle like we went through during the Great Financial Crisis, there’s one thing that is going to happen: China is going to have to dramatically devalue its currency.” He even went so far as to give a timeframe: “we think it’s going to be in the next 12-18 months.”

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Russia’s had enough: No more ‘business as usual’ with US

Posted by seumasach on January 30, 2016

The significance of Lavrov’s remarks is not that we are heading to a showdown between Russia and the US but, rather, that Russia now assesses that it has sufficient sympathy and support for its viewpoint inside the USA to feel able to move more aggressively to sideline the neocons. Lavrov’s comments on the Litvinenko affair showed that Russia has reach the limit in terms of accommodation with imperial redoubts like the UK, or, at least, with the Cameron leadership

Russia Insider

On Tuesday, 26 January Russian Foreign Minister Sergey Lavrov held his annual press conference before an audience of about 150 journalists, including the BBC correspondent Steve Rosenberg and many other well-known representatives of mainstream Western media. The purpose of this traditional event is to review issues faced by his Ministry in the past year and to give his appraisal of results achieved.

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Gold in 2016

Posted by seumasach on January 10, 2016

Alasdair Macleod

Gold Money

7th January, 2015

Advance signs of a global slump in economic activity emerged in 2015

Furthermore, the dollar’s strength, coupled with widening credit spreads confirms a global tendency for dollar-denominated debt to contract. These developments typically precede an economic and financial crisis that could manifest itself in 2016, partially confirmed by the disappointing performance of equity markets. If so, demand for physical gold can be expected to escalate rapidly as a financial crisis unfolds.

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Iran, India dump Petrodollar

Posted by seumasach on January 10, 2016

Just the Beginning: Iran, India Dump Petrodollar, Settle Oil Payments in Rupees

Russia Insider

6th January, 2015

Iran and India have announced that they intend to settle all oustanding crude oil payments in rupees, as part of a joint strategy to dump the dollar and trade instead in national currencies.

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Polish military police raid Nato centre in Warsaw

Posted by seumasach on January 3, 2016

As Obama’s retreat from empire becomes more evident the revolt on the imperial periphery gains momentum : Turkey, Saudi and now Poland- it’s everyone for himself.

Guardian

18th December, 2015

Polish military police have raided a Nato-affiliated counterintelligence centre in Warsaw in the latest of a series of moves by the country’s new rightwing government to consolidate its hold on power.

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