Tag Archives: BRICS

[unable to retrieve full-text content]This first week of October has seen U.S. interest rates soar to the 5% level on long-term Treasury bonds. That has made long-term Treasuries one of most attractive investment vehicles in the world, or even the most attractive. One obvious result is that countries aiming to dedollarize their central-bank reserves would make an untimely decision Continue Reading The post A BRICS+ Bank: How would it really function? first appeared on Michael Hudson.

Andrew Korybko is more pessimistic than Pepe Escobar on this. I think he may be a bit too pessimistic. India's strategic alignment is a balancing act for the government in power. India has along history of playing the US and Russia against each other for its own advantage. The really big issue is the relationship of India and China, traditional enemies that are still locked in various disputes over boundaries. Here again, India is using the US as a hedge with respect to China. Getting...

Checkpoint AsiaBRICS Now a Larger Share of World Economy Than G7 Constantin Gurdgiev

The Eastern Economic Forum in Vladivostok has become a crucial part of strategic integration between China, Russia and other countries in northeast Asia, a graduation assimilation set to transform the current world system… Contrary to misinformed or manipulated Western hysteria, the current Vostok war games in the Russian Far East’s Trans-Baikal, including 3,000 Chinese troops, are just a section of the much deeper, complex Russia-China strategic partnership. This is all about a...

Summary of the annual BRICS summit in Xiamen. Asia Times The real BRICS bombshell Pepe Escobaralso by Pepe Escobar Pepe Escobar explores how David Lynch's dystopian wonderland – the original and latest incarnation – informs current geopolitical and metaphysical forces. Potential spoiler alert How Twin Peaks unveils our world