London Mayor’s Remark On Obama Signals SAD ENDING TO AMERICAN UNIPOLARITY

Boris Johnson’s ‘part-Kenyan’ portrait of President Obama [Note 1] may be forgotten soon but, as a widely anticipated successor to David Cameron as the next British prime minister, his slamming rejection to a friendly advice from Washington on ‘Brexit’ (withdrawal from the EU) has delivered a heavy-weight message to the world that the United States’ hegemony is about to end. In his book “Hegemony” which was awarded the Outstanding Academic Title 2005, Prof. John Agnew suggests that hegemony is not merely the capability of possessing unmatched military, economic and political power, but the “enrolment of others in the exercise of your power by convincing, cajoling, and coercing them that they should want what you want (Agnew 2005: p1-2).

Is Caucasus the Next Syria? Don’t Forget the OSCE

The recent all-shoot out in Azerbaijan between the ethnic Armenians and Azerbaijani forces brought yet another round of casualties, psychological traumas and property destructions. Sudden and severe as it was, the event sent its shock…

Deutsche Bank Turns on the Gold-fix Cartel

Deutsche Bank, Germany’s once-respected giant bank, has admitted being a party–together with a cartel of major Wall Street and select other international banks–in deliberately manipulating the price of gold over a period of years. As…

BRICS under Attack: EMPIRE Strikes Back

BRICS Under Attack: The Empire Strikes Back In Brazil In Brazil, the government of Dilma Rousseff is facing a major destabilization campaign orchestrated by powerful right-wing elements in the country and their U.S. backers. Under the always convenient banner of “anti-corruption,” millions have turned out in the streets to demand the ouster of the twice-elected Rousseff government on the heels of a series of revelations about alleged corruption pertaining to the quasi-state, quasi-private Petrobras oil company. According to the allegations, a number of leading political figures, some of whom are connected to President Rousseff and the Workers’ Party, have skimmed at least 3 percent of the billions in oil revenue from Petrobras, illustrating the still active tradition of corruption in Brazil.

What Currency Has the Highest Purchasing Power?

Establishment economists are the first vindicators that having a weak currency is essential to foster international trade. The utter absurdity that a nation can prosper when their coin of the realm buys less is inherently…