Posted by seumasach on November 11, 2014
10th November, 2014
As Germany and many other nations celebrate the 25th anniversary of the demolition of Berlin Wall, the event which symbolized the end of the Cold War, it is important to analyze why U.S. – Russia relations are presently at an even more confrontational state, and why Francis Fukuyama’s famously-proclaimed the “end of history” due to West’s triumphal victory over USSR was just wishful thinking by a great philosopher.
Posted in Drive to Global War, Ukraine War | Leave a Comment »
Posted by seumasach on November 11, 2014
BoE chief says banks won’t be saved by taxpayers
10th November, 2014
New rules are being proposed that will force creditors, not taxpayers, to carry the losses of banks deemed “too big to fail.” The plans come after Western taxpayers were asked to pay trillions of dollars to bail out banks in the 2008 financial crisis.
Posted in UK economy | Tagged: no more bombing!-no more bailouts!, no more wars!-no more bailouts! | Leave a Comment »
Posted by seumasach on November 11, 2014
“Chinese leaders have put forward a new model of “major-country relationship” between China and the United States, an intellectual framework for resolving one of the greatest puzzles in international history — how to avoid falling into the so-called Thucydides trap, the often-cited cycle of struggle between rising and established powers.”
11th November, 2014
President Obama arrived in Beijing on Monday for a meeting of the AsiaPacific Economic Cooperation forum. He will meet with China’s president, Xi Jinping, at length on Wednesday. The occasion is a vital opportunity for the two presidents to reset the relationship between the nations.
Posted in Multipolar world | Tagged: Asian pivot, “major-country relationship” between China and the United States, End of empire, Obama agenda, Obama's realist turn, retreat from empire, strategic partnership between US and China, U.S.-China Business Council | Leave a Comment »
Posted by seumasach on November 8, 2014
“All of this will help to support the Scottish Government’s China engagement strategy that is already forging important links with the world’s most populous country.”
With new devolved powers on the way I expect the SNP, now beyond question Scotland leading political force, to hit the ground running in opening up Scotland to incoming Chinese investment. Of course, the UK has been totally dependent on incoming Chinese investment anyway in the form of government bond purchase but this is unsustainable and is being replaced by direct investment in real and industrial estate, infrastructure and ultimately, re-industrialization. Scotland already has a five-year plan( a nice touch I think), its Five Year Strategy for Engagement between Scotland and the People’s Republic of China which envisages, for example, the following scenario:
China‟s Foreign Direct Investment has increased dramatically in recent years and has mainly involved the acquisition of mineral resources and energy. Whilst this mergers and acquisitions trend will continue, we expect more Chinese companies to become Global companies either through acquisition or by themselves through natural expansion.
To facilitate inward investment from such companies, we will position Scotland as the ideal European base for Chinese companies with a focus on our pro-innovation business environment.
Scotland has, and will continue to have, a range of high quality investment opportunities suitable for funding from China. These vary from the low carbon sector to 5-star tourism destination developments. SDI will build relationships with Chinese investment companies and entrepreneurs, utilising cultural opportunities, to fully promote these and help create further investment opportunities in Scotland.
15th October, 2014
A major investment that will see Glaisnock House in Cumnock transformed into a language and cultural centre for Chinese students and entrepreneurs has been welcomed today.
Posted in UK economy | Leave a Comment »
Posted by seumasach on November 8, 2014
“London was the most popular destination for Chinese institutional investors, with a total of $2.3 billion (1.35 billion pounds), as efforts by the city to draw Chinese capital into major infrastructure projects spilt into residential and commercial markets, JLL said.”
…in first-half, London, U.S. most popular – JLL
30th July, 2014
(Reuters) – China‘s institutional investment in property overseas rose 17 percent in the first six months of this year, with residential investment surging 84 percent, real estate services firm Jones Lang LaSalle (JLL) said on Wednesday.
Posted in UK economy | Tagged: The Great British Sell-Off | Leave a Comment »
Posted by seumasach on November 8, 2014
Never mind the hype about the US economy! Is the dollar really rising “as the remaining doubts about the sustainability of the U.S. economy evaporates”? That is just funny, really hilarious. Who gains from the strengthening dollar? The same people who gain from the falling gold price. China is the beneficiary. As China collects it debt from buying up gold at rock-bottom prices which will later surge in value, it also uses its vast accumulation of treasury bonds to buy up real assets such as real and industrial estate in the USA. Once China completes its treasury bond and gold purchases we will see the real ending of QE and a reset of the global financial system
..as Fed, ECB go separate ways
25th September, 2014
Greenback at two-year high, as growing confidence in U.S. recovery meets expectations of new emergency measures to rescue Eurozone.
Posted in Currency Wars, Financial crisis | Tagged: Global Currency Reset(GCR) | Leave a Comment »
Posted by seumasach on November 8, 2014
To complete the fiasco that is Europe’s Ukraine policy we now have a rebellion against the EU’s self-defeating anti-Russia policy
4th November, 2014
(BUDAPEST) – Hungarian Prime Minister Viktor Orban reaffirmed Tuesday support for Russia’s controversial South Stream gas pipeline, shortly after Budapest approved a law seen as a green light for its construction in defiance of EU policy.
Posted in Ukraine War | Leave a Comment »
Posted by seumasach on November 5, 2014
4th November, 2014
Lebanon’s Hezbollah Secretary General Seyyed Hassan Nasrallah says Takfiri ISIL militants, who are currently wreaking havoc on Syria and Iraq, have no future and will definitely be defeated.
Posted in Syria | Tagged: ISIL | 1 Comment »
Posted by seumasach on November 4, 2014
2nd November, 2014
TUNIS – French philosopher Bernard Henri Levy was expelled from Tunisia Saturday night only 24 hours after his arrival in the country.
He was supposed to stay in Tunisia till Thursday.
His visit had provoked a storm of protests in the country. The trade union federation (UGTT) called Saturday for his expulsion from the country denouncing his role in “inciting anarchy and encouraging civil wars and terrorism in the Arab World”.
Posted in Libya | Tagged: Arab revolution | Leave a Comment »
Posted by seumasach on October 31, 2014
Posted in Currency Wars, Financial crisis | Tagged: Chinese soft power, Global Currency Reset(GCR), quantitative easing, the big reset | Leave a Comment »
Posted by seumasach on October 31, 2014
30th October, 2014
SOFIA, October 30 /TASS/. It is necessary to restore equal relations with Russia, Austrian President Heinz Fischer said during his official visit to the Bulgarian capital on Thursday.
“If we talk about true relations with Russia, it is necessary to restore equal relations as soon as possible. Sanctions were necessary at a certain period of time but it would be much better if problems could be solved without sanctions. I believe that such solutions should be found. Naturally, all international laws should be observed,” Fischer said.
Posted in Battle for Europe, Ukraine War | Leave a Comment »
In These New Times 