The Survival of the West and the Demands of the Rest “Ukraine has united the world,” declared Ukrainian President Volodymyr Zelensky in a speech on the first anniversary of the start of the war with Russia. If only that were true. The war has certainly united the West, but it …
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China Wins The Mediation Medal – Analysis
Recent developments in the Middle East have cast China as a reliable intermediary and proponent of multilateral dialogue, signalling a departure from Beijing’s typical reluctance to participate meaningfully in conflict negotiations. Saudi Arabia and Iran’s decision to restore diplomatic relations has raised Beijing’s diplomatic profile and political influence. The agreement …
Read More »A Road Paved with Irritations: Macron’s Strategic Third Way
Emmanuel Macron’s recent visit to China did not quite go according to plan, though much depends on what was planned to begin with. In one sense, the French President was consistent, riding the hobbyhorse of Europe’s strategic autonomy, one hived off from the US imperium and free of Chinese influence. …
Read More »Financial Sanctions Could Undermine The Hegemony Of The Dollar, Admits U.S. Treasury Secretary
The role of the U.S. dollar as the world reserve currency may actually diminish due to the U.S. using its leverage on the global financial system to pursue its geopolitical goals through sanctions, Secretary of the Treasury Janet Yellen has admitted. However, no other currency is ready to replace it, …
Read More »Bombing Khartoum; CIA’s Latest Attempted Coup in Africa
As I write the Sudanese Air Force is bombing Sudan’s capital city of Khartoum, an act of desperation really, because the war launched by the CIA backed coup attempt is not going very well for the coupsters. Reliable reports from Sudan say over 75% of the country is under the …
Read More »The West and the Majority World – Repression Versus Openness
Since its inception, the leaders of the ALBA countries have denounced North American and European imperialism’s brutal exploitation and domination and its gangster diplomacy of “Do what we want or else…”. In 2004, Comandante Fidel Castro and Comandante Hugo Chávez founded what is now the Bolivarian Alliance of the peoples …
Read More »The Emerging New World Economy
The emerging new always both frightens and inspires the fading old. History is that unity of opposites. Sharp-edged rejections of what is new clash with enthusiastic celebrations of it. The old gets pushed away even as bitter denials of that reality surge. The emerging new world economy displays just such …
Read More »The Rise of the South: Can BRICS Weaken the Dominance of the IMF and World Bank?
Who would have expected that the BRICS nations could rise as the potential rival of the G7 countries, the World Bank and the IMF combined? But that once seemingly distant possibility now has real prospects which could change the political equilibrium of world politics. BRICS is an acronym for Brazil, …
Read More »Why the Republi-Fascists Can’t Stop Calling the Capitalist Democrats “Marxists”
The Capitalist Democrats… The Democratic Party is a militantly capitalist entity and always has been – and not just in the neoliberal era. The much beloved New Deal Democratic president Franklin Roosevelt, himself a wealthy member of the capitalist establishment, boasted that he had saved the US American profits system …
Read More »US imposes sanctions on Hezbollah-linked money laundering network
The new sanctions target individuals and companies across nine countries, including Lebanon, the United Arab Emirates and South Africa, tied to a Belgian-Lebanese art and diamond dealer. The Biden administration announced sanctions Tuesday on what it described as an international money laundering and sanctions evasion network backing an art dealer …
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