In These New Times

A new paradigm for a post-imperial world

China’s fallout with Australia

Posted by seumasach on December 17, 2017

“This also points to a gap in global governance since there are no international rules of investment, unlike the rules for trade of merchandise under the WTO. Those trade rules were largely led by the US. Could China be forging a new de facto global investment system through the belt and road plan? If a China-EU investment treaty is agreed, that would be another building block in such a system.”

SCMP

16th December, 2017

As Beijing’s influence in the global economy grows and Washington’s clout recedes under its “America First” policy, political fallouts similar to that between China and Australia are to be expected.

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The OIC Declaration enables Russia to lead the Two-State Solution

Posted by seumasach on December 14, 2017

Andrew Korybko

The Duran

13th December, 2017

The OIC Summit in Istanbul saw its members agree to recognize East Jerusalem as the capital of the State of Palestine, implying that West Jerusalem exists and could potentially be the capital of Israel following its formal recognition, which is in essence exactly what Moscow proposed in April of this year and thus enables Russia to take the lead in seeking a two-state solution to the long-standing conflict.

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Iran to join Eurasian Economic Union

Posted by seumasach on December 14, 2017

Adam Garrie

The Duran

13th December, 2017

Iranian media has cited a statement from Behrouz Hassanolfat, the director of Europe and Americas Department of Iran’s Trade Promotion Organization, indicating that Iran will formally join the Eurasian Economic Union (EAEU) in early 2018.

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Liam Fox confirms de facto remain position

Posted by seumasach on December 13, 2017

“What I want to see is a full and comprehensive agreement on trade that’s as close to what we have today as possible,” said Fox, an ally of outspoken Brexit advocates like Foreign Secretary Boris Johnson. “If you had a very open and liberal agreement that’s virtually identical to what we have today, for example, then the transitional period wouldn’t need to be as long or as difficult as if it was to something different.”[my italics]

Quoted in Bloomberg

13th December, 2017

Liam Fox, arch-Eurosceptic and Atlanticist confirms that the government have adopted a de facto remain position confirming my own analysis.

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How Trump’s America helped China and South Korea become friends again

Posted by seumasach on December 12, 2017

“Trump’s neo-isolationist and unilateralist inclinations have given China a golden opportunity to enhance its prestige, status, and international leadership.”

South China Morning Post

12th December, 2017

Zhang Baohui says the rapprochement between Beijing and Seoul, after relations were damaged over THAAD, has much to do with a more moderate Chinese foreign policy, inspired in no small part by the erosion of American soft power under an isolationist Donald Trump

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EU takes over global trade stage

Posted by seumasach on December 12, 2017

Politico

12th December, 2017

The international trading system created by the U.S. after the Second World War has a new leader — the European Union.

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May surrenders as Brexiteers agree to go quietly

Posted by seumasach on December 9, 2017

Cailean Bochanan

9th December, 2017

On a historic day, yesterday Britain resigned its role as a junior partner in the Atlantic Alliance and embraced a new role as a junior partner in the European Alliance.

Something had to give way as the impossibility of Brexit became increasingly obvious. I had anticipated that it would be the government and the Tory party. Instead they both emerged intact at the expense of Brexit itself.

The thorn at the heart of the Brexit gorse bush had been the question of the status of Northern Ireland. Given the impossibility of a hard border between north and south Northern Ireland had to be given special status meaning de facto, continued membership of the Single Market and the Custom’s Union. The loyalist veto of this arrangement meant instead that the whole UK has been given a special status: the UK will remain in both the Single Market and the Custom’s Union. Officially, this arrangement is only temporary, for the duration of the so-called transition. However, since the Irish border problem will not simply go away the UK’s special status will continue indefinitely to be finally resolved, presumably, by our renewed integration into the EU. There is no alternative.

One would have anticipated an immediate backlash against this arrangement by the Tory brexiteers but they have simply rolled over. The British ruling has shown again some of their more positive, traditional attributes: an ability to act pragmatically and to discard useless ideology. What cannot be cannot be, and Brexit cannot be.

That begs the question: what was it all about in the first place? That is beyond my meagre intellectual abilities. However, two things may be pertinent. Firstly, the EU shows no sign of falling apart as was hoped and expected by the neocon wing of the Brexit movement. Euroscepticism is not on the rise and the Catalan declaration of independence, which elicited a brief frisson of excitement in the Brexit camp has not triggered a cascade of regional movements towards the CIA’s favourite Europe of the Regions outcome. Secondly, Trump has adopted a hostile attitude to the UK and has already, effectively, ended the Special Relationship with the result that Britain just has nowhere to go.

These changes may also explain why the Europeans have conceded what they said they would never concede, namely, that the UK can leave the EU and still enjoy the benefits of membership of the EU. But, of course, the unspoken, unspeakable reality, from the brexiteers point of view, is that we aren’t really leaving the EU, except in a purely formal sense. But for the meantime we are in a state of limbo with a special status under a kind of EU mandate.

Ultimately, this astonishing outcome reveals the level of disconnect between ideology and reality. All the current ideologies flow from the Anglophilosophy  and the presuppositions of Anglo-American globalization- globalization from below at the expense of sovereign structures. This is perfectly embodied in the Brexit cult of “free-trade”. What we seeing now is globalization accompanied by global governance stemming from sharing of sovereignty. The Single Market reflects that but it will be even more evident as the One Belt, One Road project takes off. Who is going to regulate or “nationalise” the high-speed trains which will soon connect China and Europe? Who will regulate international trade and an international means of payment now that the Dollar-fiat reserve currency system is coming to an end? Of course, some of these agencies of global governance already exist but they will undoubtedly be transformed, extended or replaced in the coming years.

Britain has, as of yesterday, begun to resolve it’s relationship with the nascent multipolar world order. The fact that Brexit is only a virtual event, or, at least, a real non-event and that that is understood by all will have immediate effects. Most importantly, our deal with are major creditor, China, should be back on to the accompanying smirk of George Osborne. Major problems lie ahead concerning uncontrolled debt, speculative bubbles and lack of income at personal, corporate and national levels with the banks once again looking vulnerable. But, as of yesterday, we will resolve them within a European and multipolar context.

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The end of the Syrian war Is the beginning of a new middle eastern order

Posted by seumasach on November 29, 2017

Federico Pieraccini

28th November, 2017

Strategic Culture

In the Middle East and beyond, we are witnessing a series of high-level political meetings between dozens of nations involved directly or indirectly in the Syrian situation. It is crucial to understand all this in order to understand the direction in which the region is going and what the new regional order is.

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BRICS countries mulling formation of single gold trade system

Posted by seumasach on November 26, 2017

TASS

24th November, 2017

BRICS countries are discussing the possibility of establishing a single gold trade system, First Deputy Chairman of Russia’s Central Bank Sergey Shvetsov said Friday.

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Trump says US will stop arming Kurds in phone call to Turkey’s Erdogan

Posted by seumasach on November 25, 2017

Trump has just moved to disengage from Syria!

The Duran

24th November, 2017

According to the Associated Press, US President Donald Trump has issued a commitment to Turkey’s president Recep Erdogan, that the US will cease arms shipments to Kurdish fighters in Syria.

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The EU has signed a deal to integrate 23 armies

Posted by seumasach on November 25, 2017

WEForum

20th November, 2017

It took 70 years, but the European Union finally signed a pact today (Nov. 13) agreeing to integrate military funding, weapons development, and deployment of European defenses.

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