Media speculation that India’s Prime Minister Narendra Modi may not attend the Johannesburg summit and that the nation isn’t receptive to BRICS expansion may be signs a threatened West looks to ‘divide and rule’, writes M.K. Bhadrakumar.
U.S. efforts to secure strategic mineral supply chains may squeeze China out of the Australian market with the Antipodean nation being used as a raw materials supplier like the days of the British empire, writes Tony Kevin.
Vijay Prashad says that the report — apart from identifying the conflict between the unipolar and multipolar worlds, and showing concern over the metastasizing weapons industry — throws moral scaffolding over hard realities it can’t directly confront.
From Bolivia to Sri Lanka, countries fed up with the IMF-driven debt-austerity cycle and bullying by the U.S.-led bloc are beginning to assert their own agendas, writes Vijay Prashad.
In Fiona Hill’s recent speech it’s possible to detect the very faint signals of Washington’s policy elite responding to the immense global power shift that is underway.
Calls to reform the Security Council have been made many times in the past, but Ramzy Baroud says Beijing’s position is particularly important in both language and timing.
Vijay Prashad says the expanding IMF-driven debt crisis, which has converted the idea of “financing for development” into “financing for debt servicing,” bears watching while China waives debt to 17 African nations.
Alternative sources of financing are beginning to empower poorer nations in the Global South to pursue projects grounded in genuine development theory, writes Vijay Prashad.
The Brazilian president is joined by a major delegation this week as more than 20 agreements are expected to be signed with the Amazon country’s largest trading partner.
An economist digging below the surface of an IMF report has found something that should shock the Western bloc out of any false confidence in its unsurpassed global economic clout.