3rd June, 2014
It has inspired little or no official attention in Kingston or otherCaribbean capitals, perhaps because policymakers are skittish over the stand-off between the West and Russia caused by the Ukraine affair.
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.
Seek economic ties with Russia
Posted by seumasach on June 3, 2014
Posted in Multipolar world | Tagged: Caribbean Community (CARICOM), Eurasian Economic Community, Russian diplomacy | Leave a Comment »
The future visible in St Petersburg
Posted by seumasach on May 29, 2014
Pepe Escobar
29th May, 2014
The unipolar model of the world order has failed.
– Vladimir Putin, St Petersburg, May 22
In more ways than one, last week heralded the birth of aEurasian century. Of course, the US$400 billion Russia-China gas deal was clinched only at the last minute in Shanghai, on Wednesday (a complement to the June 2013, 25-year, $270 billion oil deal between Rosneft and China’s CNPC.)
Posted in Multipolar world | Tagged: New Silk Road, Russia China co-operation, Shanghai Cooperation Organization (SCO) | Leave a Comment »
Russia steps up war on U.S. dollar
Posted by seumasach on May 25, 2014
25th May, 2014
NEW YORK – Russia over the last year has sold off one-third of its U.S. Treasury holdings, according to records released by the Treasury Department and the Federal Reserve Board.
Read more
Posted in Currency Wars | Leave a Comment »
Impact Analysis: Russia-China gas deal
Posted by seumasach on May 24, 2014
23rd May, 2014
Russia’s gas supply agreement with China represents a shift away from its traditional European markets, towards Asia. The deal also presents a blue print that India can follow to secure its own energy supplies. By drawing Russia into the LNG business, India can also help bring down natural gas prices
Posted in Multipolar world | Tagged: BRICS(Brazil-Russia-India-China-South Africa) | Leave a Comment »
Fourth Summit of CICA Heads of State and government
Posted by seumasach on May 23, 2014
21st May, 2014
The 4th Summit of Heads of State of the Conference on Interaction and Confidence Building Measures in Asia (Cica) opened on May 21 in Shanghai. This organization, which was created after the demise of the Soviet Union, aims to stabilize Asia on the pattern of the OSCE in Europe. However, this forum never really functioned due to both the lack of regional leadership throughout the 1990s and 2000s, and the absence of a culture of dialogue between Member States. The organization remained dormant during the Turkish chairmanship which has been taken over by China.
All changes are now possible around Russia and China. After the accession of Qatar and Bangladesh, the number of CICA member states has been brought to 26. Yesterday, the Russian and Chinese presidents have decided to consolidate the payment of their bilateral trade in local currencies rather than in dollars. And it appears certain that the summit will issue a joint statement with the Shanghai Cooperation Organization.
Posted in Multipolar world | Tagged: Conference on Interaction and Confidence Building Measures in Asia (Cica) | Leave a Comment »
China pivot fuels Eurasian century
Posted by seumasach on May 20, 2014
“Meanwhile, a discombobulated America seems to be aiding and abetting the deconstruction of its own unipolar world order, while offering the BRICS a genuine window of opportunity to try to change the rules of the game.”
Pepe Escobar
A specter is haunting Washington, an unnerving vision of a Sino-Russian alliance wedded to an expansive symbiosis of trade and commerce across much of the Eurasian land mass – at the expense of the United States.
Posted in Multipolar world | Tagged: BRICS(Brazil-Russia-India-China-South Africa), Chinese soft power, End of empire, Multipolar world, New Eurasian Century, Russian diplomacy | Leave a Comment »
Chinese, Nigerian leaders vow to expand cooperation
Posted by seumasach on May 8, 2014
7th May, 2014
Visiting Chinese Premier Li Keqiang Wednesday called for strengthening traditional ties between China and Nigeria and exploring new space for cooperation including aviation and aerospace, in a bid to lift the bilateral strategic partnership to a higher level.
Posted in Multipolar world | Tagged: Chinese soft power | Leave a Comment »
Frankfurt issues first bond backed by Chinese currency
Posted by seumasach on May 6, 2014
2nd May, 2014
Frankfurt is joining London, Singapore and Hong Kong in the fast-moving market for bonds denominated in the Chinese currency, the renminbi. Germany’s KfW development bank announced it was issuing a two-year bond with the volume of 1 billion renminbi at the Frankfurt Stock Exchange.
Posted in Currency Wars | Tagged: Chinese soft power, yuan-denominated bonds | Leave a Comment »
China-Africa to ink 60 agreements during Li’s trip
Posted by seumasach on May 6, 2014
The Chinese government has been battling to address these concerns raised by an unbalanced pattern of trade, even as it finances massive infrastructure projects in the continent. Chinese President Xi Jinping said in February this year that China, which has long been accused of using Africa as a source of natural resources and a market for its goods, will aim to make the continent more self-reliant.
4th May, 2014
Chinese Premier Li Keqiang on Sunday morning left Beijing for a four-nation Africa visitaccompanied by his wife Cheng Hong, state media reported.
Posted in Multipolar world | Tagged: BRICS(Brazil-Russia-India-China-South Africa), Chinese soft power, Multipolar world | Leave a Comment »
Five reasons why the world needs the BRICS Bank
Posted by seumasach on May 4, 2014
30th December, 2013
A new development bank that will complement – and compete with – the World Bank and the IMF is on the fast track. Here’s a primer on why the BRICS Bank is a pretty sound idea.
Posted in Currency Wars | Tagged: brics bank, BRICS(Brazil-Russia-India-China-South Africa), End of empire, new global financial architecture, quantitative easing | Leave a Comment »
US unhappy over Bahrain-Russia deal
Posted by seumasach on May 1, 2014
1st May, 2014
The US has raised concern over a decision by its Gulf ally Bahrain to sign an investment cooperation deal with Russia at a time when US and European governments are imposing economic sanctions on Moscow over the Ukraine crisis, an official said.
Posted in Multipolar world, Ukraine War | Tagged: End of empire, Russian diplomacy | Leave a Comment »
In These New Times 