The United States and its closest allies have attempted to isolate Russia and President Vladimir Putin from the world stage. As a result of Western support for the Ukrainian regime that came to power through…
Tag: BRICS
Grand Geopolitical Project: Russia’s Gazprom Signs Agreement to Abandon the Dollar “It’s only the tip of the iceberg. A grand geopolitical project is beginning to materialize…” On June 6 2014, the official Russian news agency Itar Tass announced what many were expecting since at least the beginning of the Ukrainian crisis: Russian main energy company, Gazprom Neft has finally “signed agreements with its consumers” to switch from Dollars to Euros (as transition to the ruble) “for payments under contracts”. The announcement that the agreement has been actually signed and not just discussed was made by Gazprom’s Chief Executive Officer, Alexander Dyukov.
The buildup of NATO air and ground forces along the borders of Russia in eastern Europe and President Barack Obama’s American power-influencing trip to Asia have a single purpose. The seen and unseen forces who dictate policy to their political puppets in Washington, London, Paris, Brussels, Berlin, and other vassal capital cities have decided to smash BRICS – the emergent financial power bloc encompassing Brazil, Russia, India, China, and South Africa. Bilateral and multilateral discussions among the five emerging economic powers aimed at decoupling BRICS economies from the U.S. dollar as a reserve and trading currency have met with the only power Washington can muster on behalf of itself and its foundering allies – military force.
The United States keeps on getting mired in the quagmire of Ukraine’s crisis. Meanwhile China is intensifying diplomatic efforts in Latin America. Chinese Foreign Minister Wang Yi has just wound up his Latin America trip. He…
The President of Brazil, Dilma Rousseff announces publicly the creation of a world internet system INDEPENDENT from US and Britain ( the “US-centric internet”). Not many understand that, while the immediate trigger for the decision (coupled with the…
Chandra Muzaffar, President of the International Movement for a Just World analyses a wide variety of issues including the emerging BRICS nations, the crisis in Syria, and the implications of Washington’s policy shift to the Asia-Pacific region. In January 2012, US President Barack Obama unveiled the 2012 Defense Strategic Guidance report, entitled, “Sustaining U.S. Global Leadership: Priorities for 21st Century Defense,” which confirmed America’s plans to drastically increase its military presence in the Asia-Pacific region to counter China, now the world’s second-largest economy.
In 2003 the Goldman Sachs’ ‘Global Economics Paper No: 99i’ publication confirmed Jim O’Neill’s term ‘BRIC’ (first coined in 2001) and set forward the prospect of the then-most dynamic countries with regards to medium and…
The sight of the BRICS has been an eyesore for the developed countries ever since its inception. The sense of irritability has now given way to disquiet bordering on hostility. There is a compelling urgency…
While regional organizations are going to be the mainstay in international politics in the post-cold war world, one of the old regional organizations Arab League (formed in 1945) has shown all weakness of a broken house with members failing to take coordinated position on any of the raging international issues. A simple juxtaposition of the Arab League summit with the BRICS summit, held on the same date 29 March 2012, brings stark contrast how coordination in one part of the world is failing acutely, while on the other part the rise of BRICS in global arena is a foregone conclusion. While the Arab League, as the recent summit at Baghdad revealed, has become known for all differences, whether on Syria or Iran or on issues of conflict resolution, the BRICS countries developed commonalities on many issues including that of Syria and Iran. That the summit schedule was shifted twice before this one at Baghdad, and that only 9 member countries out of total twenty two countries participated in the summit itself reveals a poor story of the League. Even the nine countries participating in the summit did not send their top leaders; rather the member countries like Saudi Arabia and Qatar sent junior officials instead of head of states to participate in the summit.
“The Bretton Woods times institutions are not the right tools to meet the 21 century challenges.” “An agreement to replace the US dollar by own currencies in mutual credit lines is a great achievement of…