In These New Times

A new paradigm for a post-imperial world

China completes SWIFT alternative

Posted by seumasach on March 12, 2015

May Launch “De-Dollarization Axis” As Soon As September

Zero Hedge

9th March, 2015

One of the recurring threats used by the western nations in their cold (and increasingly more hot) war with Russia, is that Putin’s regime may be locked out of all international monetary transactions when Moscow is disconnected from the EU-based global currency messaging and interchange service known as SWIFT (a move, incidentally, which SWIFT lamented as was revealed in October when we reported that it announces it “regrets the pressure” to disconnect Russia).

Read more

Posted in Currency Wars | Leave a Comment »

Time to respect Iran’s independence

Posted by seumasach on March 11, 2015

Asia Times

11th March, 2015

A great deal of drama has been recently evident in the global media portraying a “personal” rift between the US president and Israeli Prime Minister Benjamin Netanyahu.

Read more

Posted in Global peace process, Iran | Leave a Comment »

China’s factories are building a robot nation

Posted by seumasach on March 11, 2015

GEAB

10th March, 2015

Every day, two quality-control supervisors monitor four robots tirelessly assembling remote-control devices for home appliances at a Midea Group  factory in Foshan, in the southern Chinese province of Guangdong.

Read more

Posted in Uncategorized | Leave a Comment »

Is the dollar losing its clout among EMs?

Posted by seumasach on March 11, 2015

CNBC

9th March, 2015

The greenback’s dominance in the developing world may be under threat as more emerging economies begin to reduce their reliance on the global trade currency.

Read more

Posted in Currency Wars | Leave a Comment »

Russia’s remarkable renaissance

Posted by seumasach on March 11, 2015

F.William Engdahl

New Eastern Outlook

9th March, 2015

Something remarkable is taking place in Russia, and it’s quite different from what we might expect. Rather than feel humiliated and depressed Russia is undergoing what I would call a kind of renaissance, a rebirth as a nation. This despite or in fact because the West, led by the so-called neo-conservatives in Washington, is trying everything including war on her doorstep in Ukraine, to collapse the Russian economy, humiliate Putin and paint Russians generally as bad. In the process, Russia is discovering positive attributes about her culture, her people, her land that had long been forgotten or suppressed.


Read more

Posted in Battle for Europe, Multipolar world, Uncategorized | Tagged: | Leave a Comment »

How US attempt to create EU-Russia rift backfired

Posted by seumasach on March 11, 2015

Russia Insider

10th March, 2015

One of the most obvious aims of the US in orchestrating their coup in Ukraine last February was to create a permanent and lasting rift between the EU and Russia. It seems to me that a statement made back in 2010 by the Russian President (then Prime Minister) in the German newspaper, Süddeutsche Zeitung, set the alarm bells ringing in Washington, and paved the way for much of what is happening right now. This is what he said:

Read more

Posted in Uncategorized | Leave a Comment »

A crisis of trust in Iraq

Posted by seumasach on March 9, 2015

M.K.Bhadrakumar

Indian Punchline

4th March, 2015

We will never get to know what painful thoughts raced through the soldierly mind of Gen. Martin Dempsey, chairman of the US Joint Chiefs of Staff, when he testified before the US senators in Washington on Tuesday, but it certainly wouldn’t have been easy for him to bring himself to compliment Iran’s “most overt conduct… in the form of artillery and other things” in the military operation currently going on to retake the northern Iraqi city of Tikrit from the control of the Islamic State.

Read more

Posted in Uncategorized | Leave a Comment »

European Commission chief urges ‘joint EU army’

Posted by seumasach on March 9, 2015

The big Russian scare is also a useful pretext for sidelining NATO and furthering European integration and independence

RT

8th March, 2015

The European Commission chief has called for the creation of an “EU joint army” that would “react credibly” to any external threat and defend the bloc’s “values.” While the UK and France are wary it could undermine NATO, Germany has backed the idea.

Read more

Posted in Battle for Europe, Disband NATO! | Leave a Comment »

US-Iran talks reaching Ides of March

Posted by seumasach on March 9, 2015

M.K.Bhadrakumar

Indian Punchline

5th March, 2015

The US-Iran negotiations have successfully crossed the boulder that Israeli Prime Minister Benjamin Netanyahu threw in the way via his outreach to the American lawmakers. The conclusion can be safely drawn after Netanyahu’s speech that neither do the US lawmakers feel emboldened to enact new legislation intended to complicate the US-Iran talks nor is President Barack Obama feeling browbeaten to backtrack on his policy toward Iran.

Read more

Posted in Iran | Tagged: , | Leave a Comment »

China has announced plans for a ‘world currency’

Posted by seumasach on March 8, 2015

Economic Collapse Blog

4th March, 2015

The Chinese do not plan to live in a world dominated by the U.S. dollar for much longer.  Chinese leaders have been calling for the U.S. dollar to be replaced as the primary global reserve currency for a long time, but up until now they have never been very specific about what they would put in place of it.  Many have assumed that the Chinese simply wanted some new international currency to be created.  But what if that is not what the Chinese had in mind?  What if they have always wanted their own currency to become the single most dominant currency on the entire planet?  What you are about to see is rather startling, but it shouldn’t be a surprise.  When it comes to economics and finance, the Chinese have always been playing chess while the western world has been playing checkers.  Sadly, we have gotten to the point where checkmate is on the horizon.

Read more

Posted in Currency Wars | Tagged: , , | Leave a Comment »

EU won’t be pushed into confrontation over Ukraine

Posted by seumasach on March 8, 2015

RT

7th March, 2015

The EU is resisting calls from hotheads to supply arms to Ukraine, saying it won’t be pulled into a confrontation with Russia. Europeans cite the progress in implementing a ceasefire in eastern Ukraine between Kiev and local rebels.

Read more

Posted in Battle for Europe, Ukraine War | Leave a Comment »