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 January 28, 2010
Webster G.Tarpley
tarpley.net
25th January, 2010
Dear Senator
I am writing to urge you to vote against the confirmation of Ben Bernanke for a second term as Chairman of the Board of Governors of the Federal Reserve System. Bernanke has failed in his responsibilities both as a banking regulator and in his administration of Federal Reserve lending. Bernanke presided over the final phase of the $1.5 quadrillion financial derivatives bubble which is the central cause of the present world economic depression. He was the principal advocate for the reckless and irresponsible policy of bailing out bankrupt money center institutions, allowing them to live on as zombie banks at astronomical taxpayer, but with no corresponding benefit whatsoever for the economic life of the broader society. Bernanke is responsible for the super-toxic alphabet soup of Federal Reserve lending facilities like the TAF, the TALF, and so forth. These betrayals of the public trust have offered 0% credit to predatory institutions including Wall Street banks, insurance companies, credit card companies, money market funds, and other financial institutions. Bernanke has thus used public resources to subsidize financial speculation in all of its most destructive forums, while doing almost nothing to provide cheap credit for production that would benefit factories, farms, mines, building construction, small business, exports, scientific research, energy production, and infrastructure building. Economic activity in all of these fields is now dying for lack of credit, which is being denied by the very institutions Bernanke is trying to save. Everything that Bernanke has done is diametrically opposed to the rational credit policy needed to fight an economic depression.
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Posted in Multipolar world | Tagged: Bernanke, nationalize the Fed | Leave a Comment »
Posted by seumasach on January 27, 2010
Reginald Smith
Asia Times
28th January, 2010
At the beginning of 2010, it is a time to reflect not just on the economic disintegration caused by the still ongoing global financial crisis, but to also see the beginnings of new institutional frameworks rising from the rubble.
The implementation of the China-ASEAN (Association of Southeast Asian Nations) free-trade pact, besides the obvious wins for both sides, will prove to be a vehicle for a large transformation of the currency landscape in East Asia, accelerating the prevalence of the yuan as a regionally accepted currency alongside local currencies and the US dollar.
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Posted in Multipolar world | Tagged: ASEAN | Leave a Comment »
Posted by seumasach on January 26, 2010
Webster G.Tarpley
Voltairenet
21st January, 2010
In the current showdown between Google and the Chinese Government, the media is portraying Google as the champion of Internet freedom upholding the human rights of the Chinese people. This is sheer hypocrisy considering that Google is part of a cartel of Internet companies colluding with the US intelligence apparatus, including in foreign government destabilization. Is it any wonder that the Chinese authorities should perceive Google as a conduit for black propaganda? However, the current brawl is only part of a much broader geopolitical and economic tug-of-war percolating between the two countries, as Tarpley expounds in this article.
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Posted in Multipolar world | Tagged: Chinese diplomacy | Leave a Comment »
Posted by seumasach on January 26, 2010
Eric Walberg
Global Research
26th January, 2010
Russian President Dmitri Medvedev’s visit to Turkish last month shows that Turkey and Russia are rapidly developing close economic and political ties.
For all intents and purposes, Turkey has given up on the European Union, recognising it as a bastion of Islamophobia and captive to US diktat. As Switzerland bans minarets and France moves to outlaw the niqab, the popular Islamist government in Istanbul moves in the opposite direction — supporting the freedom to wear headscarfs, boldly criticising Israel and building bridges with Syria. This is nothing less than a fundamental realignment of Turkish politics towards Turkey’s natural allies — the Arabs … and the Russians.
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Posted in Multipolar world | Tagged: South Stream, Turkish diplomacy | Leave a Comment »
Posted by seumasach on January 24, 2010
PressTV
24th January, 2010
Latin American presidents have organized a meeting to take a step to ‘break’ their dependence on US dollar in regional financial transactions.
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Posted in Multipolar world | Tagged: sucre | Leave a Comment »
Posted by seumasach on January 20, 2010
Ukraine’s new president — unless there is another Orange Revolution — has fashioned a comeback worthy of Nixon.
Eric Wallberg
Global Research
20th January, 2010
Ukraine’s presidential elections Sunday were remarkable in more ways than one. The winner of the first round and favourite to lead Ukraine at a crucial moment in its history is the one politician observers long ago dismissed as a has-been. Viktor Yanukovich is mocked by his opponents as an illiterate bumpkin, a puppet of Ukrainian business magnates, a former criminal and communist, a conspirer against the brave democrats of the legendary Orange Revolution of 2004. Have I left anything out? Does he kick dogs or beat his mother?
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Posted in Multipolar world | Tagged: End of empire, orange revolution | Leave a Comment »
Posted by seumasach on January 17, 2010
PressTV
17th January, 2010
Nicaraguan President Daniel Ortega says that the United States has taken advantage of the massive quake in Haiti and deployed troops in the country.
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Posted in Multipolar world | Tagged: Haiti | Leave a Comment »
Posted by seumasach on January 14, 2010
Times
14th January, 2010
Israel has had to apologise to Turkey over the humiliation of its envoy, in the latest spat to undermine the country’s ties with its closest ally in the Muslim world.
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Posted in Multipolar world | Tagged: Turkey Israel | Leave a Comment »
Posted by seumasach on January 13, 2010
Sami Moubayed
Asia Times
14th January, 2010
After the Justice and Development Party (AKP) came to power in Ankara, many in the West referred to a new Turkish foreign policy called “neo-Ottomanism”, suggesting a revival of the intellectual, political and social influence of the Ottoman Empire, which departed the scene 92 years ago.
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Posted in Multipolar world | Tagged: Turkish diplomacy | Leave a Comment »
Posted by seumasach on January 12, 2010
Henry C K Liu
Asia Times
12th January, 2010
Merely two years before the end of the first decade of the 21st century, the post-Cold-War world economic order found itself facing its most serious crisis under the weight of unsustainable deregulated debt capitalism created by dollar hegemony. There are clear signs that out of this current crisis a new world economic order will emerge. China is in a promising position to influence this development toward a sustainable, balanced and cooperative world order of global fairness and universal justice.
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Posted in Multipolar world | Tagged: China Economic Rise, End dollar hegemony! | Leave a Comment »
Posted by seumasach on January 11, 2010
Kosuke Takahashi
Asia Times
12th January, 2010
With the world economy’s center of gravity shifting from the West to the East, led by China’s rising economic and corresponding political power, the year 2010 may witness a series of epoch-making events in Asia.
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Posted in Multipolar world | Tagged: East Asian Economic Community | Leave a Comment »
In These New Times 