Failure to reach political settlement hinders development and relief Early in September United States President Barack Obama announced that he had carried out a targeted assassination killing the leader of the Al-Shabaab Islamic resistance organization…
Tag: development
Global society has known no peace in recent years, particularly since the European Economic Community, under the absolute, inflexible direction of the United States, decided that the time had come to settle accounts with what…
The last 3 months have seen Russia’s “de-dollarization” plans accelerate. First Gazprom clients shift to Euros and Renminbi, then the UK signs currency swap agreements with China, then NATO ally Turkey cuts ties and mulls de-dollarization, Switzerland jumps in…
China and Korea watchers jumped to attention when it was announced that Xi Jinping would visit South Korea from July 3-4, rather than visit North Korea first. Although the trip could have been seen as…
The headline news is that this Tuesday in Fortaleza, northeast Brazil, the BRICS group of emerging powers (Brazil, Russia, India, China, South Africa) fights the (Neoliberal) World (Dis)Order via a new development bank and a reserve fund set up to offset financial crises. The devil, of course, is in the details of how they’ll do it. It’s been a long and winding road since Yekaterinburg in 2009, at their first summit, up to the BRICS’s long-awaited counterpunch against the Bretton Woods consensus – the IMF and the World Bank – as well as the Japan-dominated (but largely responding to US priorities) Asian Development Bank (ADB). The BRICS Development Bank – with an initial US$50 billion in capital – will be not only BRICS-oriented, but invest in infrastructure projects and sustainable development on a global scale. The model is the Brazilian BNDES, which supports Brazilian companies investing across Latin America. In a few years, it will reach a financing capacity of up to $350 billion.
Leaders of the BRICS nations, from left, Russia’s President Vladimir Putin, India’s Prime Minister Narendra Modi, Brazil’s President Dilma Rousseff, China’s President Xi Jinping and South Africa’s President Jacob Zuma, pose for a group…
Meeting in Malabo exemplifies the contradictions in continental affairs Equatorial Guinea was the scene of the latest African Union (AU) Summit convened on June 26-27. This oil-rich nation has become more prominent in recent years…
Chinese president urges Asian unity SHANGHAI, May 20 (Xinhua) — President Xi Jinping on Tuesday called on Asian countries to promote unity, cooperation and development of the continent. Xi made the call during his…
News that General Wesley Clark, USA (Ret.) visited the Ukraine at the behest of the National Security Advisor there-and also a senior member of Ukraine’s parliament—should be a cause for alarm. A nonprofit foundation was involved in this exercise (more below). There is a sense of open, almost joyful viciousness in all this pro-war, anti-Russian sentiments on opinion pages and television broadcasts. It is certainly racist and demeaning in tone. Such is the first step in convincing the public that the “transgressor” is equivalent to a retrovirus. Interim Report #1: Immediate Improvements Needed in Rapidly Implementing Non-Lethal US Military Assistance for Defense of Ukraine is available at Cryptome (and the New York Times) for viewing. General Clark and a former strategy advisor to Secretary of Defense Casper Weinberger named Dr. Phillip Karber, indicates that the two “participated in 35 meeting [sic] with senior officials, military commanders and various politicians; with Karber visiting front line formations on the Northern, Eastern and Southern Fronts.”
Nuland Admits US Invested $5 Billion In The Development of Democratic Institutions International Business Conference at Ukraine in Washington – National Press Club – December 13, 2013 Victoria Nuland – Assistant Secretary of State for Europe and Eurasian Affairs US Assistant Secretary of State for Europe, Nuland said: “Since the declaration of Ukrainian independence in 1991, the United States supported the Ukrainians in the development of [so-called] ‘DEMOCRATIC’ institutions and skills in promoting civil society and a good form of government – all that is necessary to achieve the objectives of Ukraine’s European. We have invested more than 5 billion dollars to help Ukraine to achieve these and other goals.” Nuland said the United States will continue to “promote Ukraine to the future it deserves.”