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 October 30, 2011
The finest minds in Christendom continue to grapple with the question which baffles them all: if the euro is so weak why is it so strong? One reason is that, speculative attacks aside, the economic fundamentals of the Eurozone are stronger than those of the anglosphere. Another is that China and other emerging economies have a clear interest in supporting the Euro as an alternative to the dollar. Thus Europe benefits from the fact that, although similar regional integration projects are in formation elsewhere, only Europe has got as far as a common currency making it the only show in town outside the dollar.
XINHUA
30th October, 2011
BEIJING, Oct. 30 (Xinhua) — With the European Union (EU) grappling with its worst financial crisis since the eurozone was set up, China has unequivocally conveyed its readiness to enhance cooperation with the debt-ridden bloc in a “win-win” manner.
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Posted in Battle for Europe, Currency Wars, Multipolar world | Tagged: Chinese diplomacy, Chinese soft power | Leave a Comment »
Posted by seumasach on October 11, 2011
F.William Engdahl
Voltairenet
7th October, 2011
While nervously watching China edging closer to becoming the predominant world power in the 21st century, Washington has also been keeping a keen eye on China’s heavy reliance on foreign oil to meet its growing energy needs. Engdahl analyses the oil trap that Washington has laid for China in Libya and through AFRICOM’s deployment across Africa.
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Posted in Drive to Global War, Multipolar world | Tagged: AFRICOM, Chinese soft power | Leave a Comment »
Posted by seumasach on October 5, 2011
Pravda
4th October, 2011
Having exposed his presidential ambitions, Prime Minister Vladimir Putin spoke about the prospects for creating the Eurasian union on post-Soviet space. The Western media have already dubbed Putin’s new initiative as an attempt to recreate the USSR.
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Posted in Multipolar world | Tagged: Russian diplomacy, the Eurasian Union | Leave a Comment »
Posted by seumasach on October 5, 2011
RIANovosti
5th October, 2011
Moscow will oppose any attempt to “abuse” UN Security Council decisions to achieve the overthrow of “undesirable regimes,” the Russian Foreign Ministry said on Wednesday.
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Posted in Multipolar world, Syria | Tagged: Russian diplomacy | Leave a Comment »
Posted by seumasach on October 5, 2011
Saeb Shaath
Saeb Press
5th October, 2011
New York (SaebPress) – Russia and China has vetoed the UNSC resolution on Syria, urging political dialogue instead of proposed tough sanctions on Syria. The veto has outraged the French and the American’s leaders.
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Posted in Multipolar world, Syria | Tagged: Russian diplomacy | Leave a Comment »
Posted by seumasach on September 25, 2011
RT
23rd September, 2011
Signs suggest that the power scale is tipping from the Western powers to the BRICS. That is Brazil, Russia, India, China and South Africa.
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Posted in Currency Wars, Multipolar world | Tagged: BRICS(Brazil-Russia-India-China-South Africa) | Leave a Comment »
Posted by seumasach on September 23, 2011
Voltairenet
22nd September, 2011
The need to reform multilateral credit bodies, particularly the International Monetary Fund, was highlighted at the UN on Tuesday by Argentine President Cristina Fernandez.
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Posted in Financial crisis, Multipolar world | Tagged: IMF reform, rating agencies | Leave a Comment »
Posted by seumasach on September 22, 2011
The inevitable will happen: here comes the next bailout of the banks, euphemistically described as “quantitative easing”. Prepare for further falls in the value of the pound with attendant inflation leading eventually to a raise in interest rates and mortgage rates. Attempts to offload the crisis onto the euro zone will probably fail given emerging economies support for euro. The disastrous and reckless war against Libya only adds to our disarray. The British people can only save themselves by moving to stop the wars and stop the bailouts which finance them.
Bank of England minutes indicate more quantitative easing on the cards
Guardian
22nd September, 2011
The Bank of England appears almost certain to expand its economic stimulus programme before Christmas, in an attempt to prevent the UK economy worsening.
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Posted in Currency Wars, UK economy | Tagged: bailouts, no more wars!-no more bailouts!, QE2 | Leave a Comment »
Posted by seumasach on September 20, 2011
Reuters
20th September, 2011
Brazil will propose that it and other large emerging market countries make billions of dollars in new funds available to the International Monetary Fund as a way to help ease the crisis in the euro zone, an official said on Monday.
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Posted in Battle for Europe, Currency Wars, Multipolar world | Tagged: BRICS(Brazil-Russia-India-China-South Africa) | Leave a Comment »
Posted by seumasach on September 20, 2011
The relationship between the emerging multipolar world and the Euro crisis is certainly a crucial one. This analysis unfortunately owes too much to the standard lines laid down ad nauseum by the Anglophile global press. Let’s hope the Brazilians aren’t serious about investing in UK bonds, lending to the world’s most bankrupt country, and that they’ve noticed that it isn’t in the eurozone anyway. Escobar repeats the defeatist line on Europe, which is simply the London-Washington line. Hopefully the BRICS leadership will have noticed that by helping the eurozone to come through the currency offensive being waged against them by City of London/Wall Street interests they will prevent the dollar from reasserting its stranglehold on global trade and, at the same time, gain leverage over Europe and help snuff out its senile imperial pretensions and Sarkozy’s 3rd Empire thereby splitting NATO.
Pepe Escobar
Asia Times
21st September, 2011
This Thursday, in Washington, finance ministers and central bank governors of the BRICS group of emerging powers – Brazil, Russia, India, China and South Africa – will get together and, in the words of Brazilian Finance Minister Guido Mantega, “Talk about what to do to help the European Union get out of this situation.”
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Posted in Battle for Europe, Currency Wars, Multipolar world | Tagged: BRICS(Brazil-Russia-India-China-South Africa) | Leave a Comment »
In These New Times 