Posts Tagged 'Asia'

Gerry Docherty and Jim Macgregor – New World Order: The Founding Fathers

This article was first published in July 2013

Rich and powerful elites have long dreamed of world control. The ambitious Romans, Attila the Hun, great Muslim leaders of Medieval Spain, the Mughals of India all exercised immense influence over different parts of the globe in set periods of recognised ascendancy.

Sometimes tribal, sometimes national, sometimes religious, often dynastic, their success defined epochs, but was never effectively global until the twentieth century. At that point, with the future of the British Empire under ...

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Nomi Prins – Mexico, Federal Reserve Policy and Danger Ahead for Emerging Markets

On August 27th, I had the opportunity to address the Aspen Institute, UNIFIMEX and PWC in Mexico City during a Q&A with Patricia Armendariz. Subsequenty, on August 28th, I gave the opening talk at the annual IMEF conference. The main issues of concern to local Mexican banks, as well as to Mexico’s central bank, are:

1) How the Federal Reserve’s (and to a lesser extent ECB’s and People’s Bank of China) policies and actions have, and wlil continue to impact their ...

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Justin Fox – Maybe This Global Slowdown Is Different

The global economy is slowing down. A couple of the big emerging-market economies that drove much of the growth during the past 15 years have hit a wall, and the question of the moment is whether the biggest of them, China, is in real trouble too. Commodity prices are tanking. Trade volumes are down. The Baltic Dry Index of shipping costs, which rebounded from a record low earlier this year, is falling again.

These are all characteristic of a cyclical downturn. And this is a cyclical ...

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Global Trade In Freefall: Container Freight Rates From Asia To Europe Crash 60% In Three Weeks

Three weeks ago, when we last looked at the collapse in trade along what may be the most trafficked route involving China, i.e., from Asia to Northern Europe, we noted that while that particular shipping freight rate Europe had crashed some 23% on just one week, there was some good news: at least the Baltic Dry index was still inexplicably rising, and at last check it was hovering just above 1,100.

That ...

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Pepe Escobar – Who profits from the Bangkok bombing?

BANGKOK – The Guy in the Yellow T-shirt — long shorts, unruly black hair, thick dark glasses — arrived at the Erawan shrine in a tuk-tuk. No one may have noticed him; just another nondescript backpacker in one of the busiest crossroads in Asia. He may have come to pay his respects to the golden statue of Brahma at the center of the shrine – and gaze on the Thai dancers and musicians in the background.
He sits on a ...

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Raúl Ilargi Meijer – Deleveraging as a Biblical Plague

Eventful days in the middle of summer. Just as the Greek Pandora’s box appears to be closing for the holidays (but we know what happens once it’s open), and Europe’s ultra-slim remnants of democracy erode into the sunset, China moves in with a one-off but then super-cubed renminbi devaluation. And 100,000 divergent opinions get published, by experts, pundits and just about everyone else under the illusion they still know what is going on.

We’ve been watching from the sidelines for a ...

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Dave Johnson – What China’s Currency Devaluation Means

China on Monday announced it is lowering the value of its currency about two percent in order to boost its economic growth by supporting its exporters. Traders are betting that the currency will fall further. Markets around the world are reacting negatively. What does this mean?

Bloomberg Business has the currency story, in China Rattles Markets With Yuan Devaluation,

China devalued the yuan in a move that rippled through global markets, ...

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Andre Vltchek – The Anti-Imperalist News Networks in Latin America, Russia and China

It is a breathtaking, truly beautiful battle, and those of us who are at the front line of it, by making films, writing for or speaking on the airwaves of the anti-imperialist networks, are thoroughly determined to give our very best, and if necessary, even to risk our lives!

Mighty new television networks based in South America, Russia, China and Iran are locked in what could only be described as an epic battle against the omnipresent Western propaganda and indoctrination networks.

Some ...

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Michael P. Bradley – Educating About Islam: Problems of Selectivity and Imbalance

In high school textbooks on world history, US history and US government, the world of Islam continues to be interpreted to American high school students in ways consistent with Edward Said’s thesis. In these textbooks, Islam is explored narrowly in its significance to US foreign policy. It is a “problematic” – that is, a serious subject of learning in so far as it represents a challenge to US foreign policy typically framed in terms of oil dependency or energy needs, ...

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