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A Glimpse Beyond the Unipolar Moment
A Glimpse Beyond the Unipolar Moment “Potentially the most dangerous scenario would be a grand coalition of China, Russia and perhaps Iran, an ‘anti-hegemonic’ coalition, united not by ideology but by complementary grievances” —Zbigniew Brzezinski Are we reaching the penultimate and petulant back-end of the American Empire’s Unipolar Moment, a denouement hastened by a raft […]
India Yet To Figure Out Way To Pay for Iranian Oil Imports
India Yet To Figure Out Way To Pay for Iranian Oil Imports India hasn’t worked out yet a payment system for continued purchases of crude oil from Iran, Subhash Chandra Garg, economic affairs secretary at India’s finance ministry, said on Friday. India’s Oil Minister Dharmendra Pradhan has conveyed the message that his country would continue […]
Muli-Polar Political Project Pushed Forward by Putin In India
Muli-Polar Political Project Pushed Forward by Putin In India I have to wonder when Russian President Vladimir Putin sleeps. He’s busier than any other leader, traveling the globe while consistently changing the board state geopolitically. While everyone, including me, has had their eye on the turmoil in U.S. political circles over the past couple of […]
The Self-Defeating US Empire
The Self-Defeating US Empire Trump is trying to square a globalized world through a national-based American capitalism. It won’t work. Former President Teddy Roosevelt (1901-09) described the essence of US foreign policy as “speaking softly while carrying a big stick”. Under the incumbent president, Donald Trump, it seems to be all about “speaking loudly”. What […]
The Perfect Storm Bringing China And Russia Together
The Perfect Storm Bringing China And Russia Together During the Cold War, China and the Soviet Union regarded one another as strategic adversaries. Relations between Beijing and Moscow, however, have significantly improved over the years. Besides political alignment, the countries have complementary economies; China has an insatiable appetite for the raw materials which Russia has […]
Not All Quiet on South China Sea
Not All Quiet on South China Sea Photo Source Official U.S. Navy Page | CC BY 2.0 The near collision last week between a US warship and a Chinese destroyer in the Spratlys was more than two naval powers playing cat and mouse on the high sea. The incident came hot on the heels of […]
Cold War-Era ‘Arms Race’ With US Is Back On, Russian Official Warns
Cold War-Era ‘Arms Race’ With US Is Back On, Russian Official Warns The Trump administration has successfully managed to replace Russia with China in the ongoing narrative of election hacking and economic and geopolitical aggression, a shift that was underlined by Homeland Security Secretary Kirstjen Nielsen Tuesday morning when she declared that China was engaged […]
The World Is Quietly Decoupling From the U.S. – And No One Is Paying Attention
The World Is Quietly Decoupling From the U.S. – And No One Is Paying Attention Blind faith in the U.S. dollar is perhaps one of the most crippling disabilities economists have in gauging our economic future. Historically speaking, fiat currencies are essentially animals with very short lives, and world reserve currencies are even more […]
Beijing Eases Policy, Yuan Slides Towards 10-Year Low
Beijing Eases Policy, Yuan Slides Towards 10-Year Low On Sunday, the Bank of China cut the level of cash that banks must hold as reserves. The Yuan continued its slide. Reuters reports China Set to Reopen After Beijing Eases Policy. Shares in Asia stumbled in early trade on Monday as investors waited with bated breath […]
China Cuts Reserve Ratio, Releases 1.2 Trillion Yuan Amid Rising Trade War, Record Defaults
China Cuts Reserve Ratio, Releases 1.2 Trillion Yuan Amid Rising Trade War, Record Defaults China’s central bank announced it would cut the Required Reserve Ratio (RRR) for most banks by 1.0% effective October 15 for the fourth time in 2018, a little over three months after the PBOC announced a similar cut on June 24, […]
Former Fed Governor Warns Of “Several Decade Cold War” With China
Former Fed Governor Warns Of “Several Decade Cold War” With China Former Fed governor Kevin Warsh warned on Thursday that the US-China relationship is “probably as poor as” it has ever been since former President Richard Nixon and Henry Kissinger developed strategic relations between both countries in the early 1970s. “We’re at the risk of a […]
USMCA: New Economic Alliance Formed to Isolate China
USMCA: New Economic Alliance Formed to Isolate China The almost 25-year-old North American Free Trade Agreement (NAFTA) has been relegated to the dustbin of history. The United States, Canada, and Mexico have agreed on a trilateral trade deal — the United States-Mexico-Canada Agreement (USMCA) — to replace it. As expected, the agreement finalized on Sept. 30 is intended to stimulate production […]
Deadly Chinese Drones Now Lurk Above Mideast Battlefields
Deadly Chinese Drones Now Lurk Above Mideast Battlefields Across the Middle East, countries banned from purchasing armed drones from the US due to a weapons embargo are increasingly gravitating towards Chinese defense manufacturers, according to a new report from the Associated Press, sales that “are helping expand Chinese influence across a region vital to American […]
“Something Has to Break” as China’s Onshore Defaults Hit a New Record
“Something Has to Break” as China’s Onshore Defaults Hit a New Record Recent news from China has been really ugly. But what can you expect? They’re trying to fight a trade war against the U.S. – deal with slowing growth – and survive against a stronger U.S. dollar. And because of these problems – China’s major […]
Step Aside Russia: Pence Accuses China Of “Meddling In American Democracy”
Step Aside Russia: Pence Accuses China Of “Meddling In American Democracy” Update: Highlights from Pence’s speech (via Bloomberg): *PENCE SAYS TRUMP HAS MADE RELATIONSHIP WITH CHINA `A PRIORITY’ *PENCE: CHINA USING WHOLE-OF-GOVT APPROACH TO INFLUENCE U.S. *PENCE: HOPE THAT FREEDOM IN CHINA WOULD EXPAND WENT UNFULFILLED *PENCE: CHINA USING STOLEN TECH TO TURN PLOWSHARES INTO […]
