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.
Posted by seumasach on April 29, 2012
Pakistan Observer
Kwasi Kwarteng
29th April, 2012
THE Arab Spring, the threat of Iran as an emerging nuclear power, the continuing violence in Syria and the American reluctance to get involved there have all signalled the weakness, if not the end, of America’s role as a world policeman. President Obama himself said in a speech last year: “America cannot use our military wherever repression occurs.” America’s position today reminds me of Britain’s situation in 1945. Deep in debt and committed to building its National Health Service and other accoutrements of the welfare state, Britain no longer could afford to run an empire.
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Posted in Multipolar world | Tagged: End of empire | Leave a Comment »
Posted by seumasach on April 28, 2012
He batted in particular as the leader of BRICS. But hardly had Mukherjee landed back in the Indian capital, news broke that Standard & Poor has lowered India’s sovereign credit outlook to ‘negative’ from ‘stable’. Within hours, bonds fell in Mumbai, stocks declined and the rupee slumped.
It is indeed no surprise that the empire seeks to punish those who challenge it, but the West’s game is far too transparent, far too bereft of finesse to impress anyone. S&P have no serious standing as they are entirely at the service of the Wall Street/City of London gang whose game is reduced to a series of entirely predictable moves which the whole world is learning to counter. Look to the establishment of new rating agencies, perhaps on the basis of Euro-Brics collaboration over the next year or two.
M.K.Bhadrakumar
Indrus
26th April, 2012
‘What goes up must come down’ is an elementary principle in physics ever since Isaac Newton wrote about the law of gravity. But the variant, ‘The feather in the wind will come to earth’, may in this case be more applicable. From various accounts, Finance Minister Pranab Mukherjee seemed a star performer at the meetings of the finance ministers of the World Bank, IMF and the G24 – and the BRICS, of course – in Washington. Things were looking really good.
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Posted in Multipolar world | Tagged: BRICS(Brazil-Russia-India-China-South Africa), european rating agency, rating agencies | Leave a Comment »
Posted by seumasach on April 28, 2012
Pepe Escobar
Asia Times
28th April, 2012
Goldman Sachs – via economist Jim O’Neill – invented the concept of a rising new bloc on the planet: BRICS (Brazil, Russia, India, China, South Africa). Some cynics couldn’t help calling it the “Bloody Ridiculous Investment Concept.”
Not really. Goldman now expects the BRICS countries to account for almost 40% of global gross domestic product (GDP) by 2050, and to include four of the world’s top five economies.
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Posted in Battle for Europe, Drive to Global War, Multipolar world, New Cold War | Tagged: BRICS(Brazil-Russia-India-China-South Africa), EuroBrics, Zbigniew Brzezinski | Leave a Comment »
Posted by seumasach on April 27, 2012
Market Watch
22nd March, 2012
SYDNEY — Australia’s central bank Thursday signed a currency swap deal with the People’s Bank of China, in another example of the growing internationalization of China’s currency and the burgeoning trade links between both countries.
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Posted by seumasach on April 21, 2012
The fact is, Turkey is very far out on a limb on Syria and, at this point, can only be grateful that the international community has not sawn it off.
Peter Lee
Asia Times
21st April, 2012
With a high-profile visit to China, Turkey’s Prime Minister Recep Tayyip Erdogan continued his campaign to increase the geopolitical clout of his country.
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Posted in Multipolar world, Syria | Tagged: arab chinese coopration, Chinese diplomacy, Chinese soft power, neo-Ottoman imperialism | Leave a Comment »
Posted by seumasach on April 21, 2012
U.S. insistence that Havana undertake democratic reforms before returning to the hemispheric family led to a clash with a united front of leftist and conservative governments that see Washington’s policy toward Cuba as a relic of the Cold War.
The unexpected result was a diplomatic victory for Havana.
The newfound regional unity on Cuba may augur a growing willingness across the political spectrum to challenge the U.S. State Department on thorny issues for years considered taboo.
Reuters
16th April, 2012
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Posted in Multipolar world | Tagged: Community of Latin American and Caribbean states (Celac), Organization of American States (OAS), Union of South American nations (Unasur) | Leave a Comment »
Posted by seumasach on April 16, 2012
Vijay Prashad
Asia Times
17th April, 2012
The crisis continues at the preparatory conference for the 13th meeting of the United Nations Conference on Trade and Development (UNCTAD) to be held from April 21-26 in Doha, Qatar.
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Posted in Currency Wars, Multipolar world | Tagged: G77, United Nations Conference on Trade and Development (UNCTAD) | Leave a Comment »
Posted by seumasach on April 9, 2012
Can it be that Germany and Europe are beginning to develop an independent foreign policy?
PressTV
9th April, 2012
German Foreign Minister Guido Westerwelle has underlined Iran’s right to develop its nuclear energy program as a member of the International Atomic Energy Agency (IAEA) and a signatory to the nuclear Non-Proliferation Treaty (NPT).
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Posted in Iran, Multipolar world | Tagged: independent Europe | Leave a Comment »
Posted by seumasach on April 7, 2012
NewropMag
5th April, 2012
Sami Kleib est un journaliste franco-libanais bien connu specialiste du Moyen-Orient. Il raconte les derniers rebondissements de l’affaire et finit par une présentation de la situation globale mondiale en expliquant comment la situation des pays du Golfe risque d’exploser, sutout celle de l’Arabie saoudite et du Qatar qui se trouvent aujourd’hui en situation d’agresseurs cherchant a sauver les meubles, après la défaite cuisante de leurs protegés vaincus, syriens et islamistes extrémistes de toutes nationalités. Quant a l’Europe… Pauvre Europe! Elle n’a plus qu’à attrendre le résultat des pourparlers entre Américains et Russes. Quant aux Libanais, il est temps qu’ils sachent où est l’interêt de leur pays, en se demandant s’ils veulent être enfermés chez eux par une coalition complétée par une Syrie gouvernée par des integristes virulents. Un article introduit par Mouna Alno.
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Posted in Multipolar world, Syria | Tagged: BRICS(Brazil-Russia-India-China-South Africa) | Leave a Comment »
Posted by seumasach on March 29, 2012
RT
29th March, 20112
The BRICS – Brazil, Russia, India, China and South Africa – have agreed to provide credit to each other in local currencies. Officials say the deal will facilitate economic growth in times of crisis.
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Posted in Currency Wars, Multipolar world | Tagged: brics bank, BRICS(Brazil-Russia-India-China-South Africa) | Leave a Comment »
Posted by seumasach on March 27, 2012
The Hindu
27th March, 2012
Defending the move by the BRICS nations — Brazil, Russia, India, China and South Africa — to set up a bank, China said the developing world had been left with few options, stressing the need for governments to allocate the initial seed money for the initiative.
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Posted in Currency Wars, Financial crisis, Multipolar world | Tagged: brics bank, BRICS(Brazil-Russia-India-China-South Africa) | Leave a Comment »
In These New Times 