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The U.S. Military Just Plunged Philippine Politics Into Crisis
By Walden Bello Early in the morning of January 25, commandos belonging to the Special Action Force of the Philippine National Police crept into the southern town of Mamasapano — a stronghold of the separatist Moro Islamic Liberation Front. The elite Seaborne Unit had come for Zulkifli Abdhir, a Malaysian bomb maker better known as … Continue reading
Nicolás Maduro’s Open Letter To The People Of The United States: Venezuela Is Not A Threat
An open letter from Venezuelan President, Nicolás Maduro, and the Government of the Bolivarian Republic of Venezuela to the people of the United States, published March 17 in the New York Times: . By Nicolas Maduro and The Government of the Bolivarian Republic of Venezuela We are the people of Simon Bolívar, our people believe in peace … Continue reading
China: Gold, SDRs, And The Future Of The International Monetary System
By Koos Jansen, BullionStar Possibly China’s national currency will be part of the IMF’s Special Drawing Rights (SDR) this year. If so, this would have substantial implications for the international monetary system. Currently the SDR, which was invented in 1969 right after the London Gold Pool collapsed, consists of US dollars (41.9 %), Euros (37.4 %), Pound … Continue reading
De-Dollarization Intensifies: America’s European “Allies” Desert Obama, Join China-Led Infrastructure Bank
This article was originally published on Zero Hedge By Tyler Durden It appears the sea of de-dollarization has reached the shores of Europe. With Australia and UK having already moved in the direction of joining the China-led AIIB, The FT reports that France, Germany, and Italy have now all agreed to join the development bank as ‘pivot to Asia’ appears to … Continue reading
U.S.-EU Power Play Behind Regime Change In Russia – OpEd
By Pepe Escobar, Sputnik News The Empire of Chaos dream of regime change in Russia has always hinged on controlling large swathes of Eurasia. With “friends” like European Council President Donald Tusk and top NATO commander Gen. Philip Breedlove, the EU certainly doesn’t need enemies. Gen. Breedhate has been spewing out his best Dr. Strangelove impersonation, warning that … Continue reading
Growing Risks To Local Currency Bonds In Emerging East Asia, ADB Says
The Asian Development Bank (ADB) warned on Tuesday of growing risks to local currency bonds in emerging East Asia. In the ADB’s latest quarterly Asia Bond Monitor report it warns that widening credit spreads, a stronger U.S. dollar, Greece’s debt crisis, and falling oil prices are growing risks to local currency bonds in emerging East Asia. “While … Continue reading
Putin’s Disappearing Act: A Sign Of Leadership Crisis In Russia?
By Pavel K. Baev For the past week and a half, the main topic for political speculation on the Russian Internet—but not on state-run TV—was the disappearance of President Vladimir Putin from all public events, and even from the Eurasian summit in Astana, Kazakhstan, which had to be postponed until March 20. The hosts were rather … Continue reading
Making NATO Defunct: Is EU Army Intended To Reduce U.S. Influence In Europe? – OpEd
By Mahdi Darius Nazemroaya An EU military force is being justified as protection from Russia, but it may also be a way of reducing US influence as the EU and Germany come to loggerheads with the US and NATO over Ukraine. While speaking to the German newspaper Welt am Sonntag, European Commission President Jean-Claude Juncker announced … Continue reading
Oil Geopolitics: South Stream Has Been Resurrected Through Balkan Stream – OpEd
As Russia begins to build a pipeline through Macedonia that could form the basis of a revised South Stream route, the Hungarian President is in talks with Erdogan over financing this enormous project. By Andrew Korybko, Sputnik News While many in the Balkans were lamenting the cancellation of the South Stream project last December, Russia was hard at work … Continue reading
Iran, Russia Ink Deal To Create Joint Banking Oversight Body
Iran and Russia have signed an agreement to create a joint regulation body that will oversee interbank financial transactions between the two nations, Iran’s Fars News Agency (FNA) reported on Saturday. According to FNA, a memorandum of understanding (MOU) was signed by the deputy governors of the Central Banks of Iran and Russia on the supervision of the Central Banks over … Continue reading
