Tag: Russia

Ukraine in turmoil: war may come at any time as it came twice during last century

Israel Shamir / The 4th Media News on

As Russia procrastinates, as the US doubles risks, the world draws nearer to the nuclear abyss. It is not much fun to be in Kiev these days. The revolutionary excitement is over, and hopes for new faces, the end of corruption and economic improvement have withered. The Maidan street revolt and the subsequent coup just reshuffled the same marked deck of cards, forever rotating in power. The new acting President has been an acting Prime Minister, and a KGB (called “SBU” in Ukrainian) supremo. The new acting Prime Minister has been a Foreign Minister. The oligarch most likely to be “elected” President in a few days has been a Foreign Minister, the head of the state bank, and personal treasurer of two coups, in 2004 (installing Yushchenko) and in 2014 (installing himself). His main competitor, Mme Timoshenko, served as a Prime Minister for years, until electoral defeat in 2010.

The Birth of a Eurasian Century: The Sino-Russian Alliance & “Pipelineistan”

Pepe Escobar / The 4th Media News on

HONG KONG — A specter is haunting Washington, an unnerving vision of a Sino-Russian alliance wedded to an expansive symbiosis of trade and commerce across much of the Eurasian land mass — at the expense of the United States. And no wonder Washington is anxious. That alliance is already a done deal in a variety of ways: through the BRICS group of emerging powers (Brazil, Russia, India, China, and South Africa); at the Shanghai Cooperation Organization, the Asian counterweight to NATO; inside the G20; and via the 120-member-nationNon-Aligned Movement (NAM). Trade and commerce are just part of the future bargain. Synergies in the development of new military technologies beckon as well. After Russia’s Star Wars-style, ultra-sophisticated S-500 air defense anti-missile system comes online in 2018, Beijing is sure to want a version of it. Meanwhile, Russia is about to sell dozens of state-of-the-art Sukhoi Su-35 jet fighters to the Chinese as Beijing and Moscow move to seal an aviation-industrial partnership.

The New Cold War’s Ukraine Gambit

Michael Hudson on

Finance in today’s world has become war by non-military means. Its object is the same as that of military conquest: appropriation of land and basic infrastructure, and the rents that can be extracted as tribute. In today’s world this is taken mainly in the form of debt service and privatization. That is how neoliberalism works, subduing economies by indebting their governments and using unpayably high debts as a lever to pry away the public domain at distress prices. It is what today’s New Cold War is all about. Backed by the IMF and European Central Bank (ECB) as knee-breakers in what has become in effect a financial extension of NATO, the aim is for U.S. and allied investors to appropriate the plums that kleptocrats have taken from the public domain of Russia, Ukraine and other post-Soviet economies in these countries, as well as whatever assets remain.