Keyword: bric

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  • Brazil reduced to junk status as BRICs facade crumbles

    09/13/2015 6:25:47 AM PDT · by dennisw · 10 replies ^ | 8:28PM BST 10 Sep 2015 | By Ambrose Evans-Pritchard
    Dilma Rousseff has squandered Brazil's commodity boom, but the country is not in meltdown and is unlikely to set off an emerging market crash Brazil’s currency plummeted to all-time lows and borrowing costs have tightened viciously after Standard & Poor’s slashed the country’s debt to junk status, warning that the budget deficit has reached danger levels. The downgrade is a painful blow to a nation that thought it had finally escaped the Latin American curse of boom-bust cycles and joined the top league of rich economies. It is the second of the big emerging market economies to be stripped of...
  • The Economic Endgame Explained

    11/12/2014 9:31:54 AM PST · by Jack Hydrazine · 18 replies ^ | 11NOV2014 | Brandon Smith
    Throughout history, in most cases of economic collapse the societies in question believed they were financially invincible just before their disastrous fall. Rarely does anyone see the edge of the cliff or even the bottom of the abyss before it has swallowed a nation whole. This lack of foresight, however, is usually not the fault of the public. It is, rather, a consequence caused by the manipulation of the fundamental information available to the public by governments and social gatekeepers. In the years leading up to the Great Depression, numerous mainstream “experts” and politicians were quick to discount the idea...
  • Brazil overtakes UK as sixth-largest economy

    12/26/2011 11:17:22 PM PST · by MinorityRepublican · 18 replies
    The Guardian ^ | Sunday 25 December 2011 | Phillip Inman
    Brazil's economy is now bigger than the UK's, say economists, booming on the back of exports to China. Brazil has overtaken the UK to become the world's sixth-largest economy, according to a team of economists. The banking crash of 2008 and the subsequent recession has relegated the UK to seventh place in 2011, behind South America's largest economy, which has boomed on the back of exports to China and the far east. Russia and India are expected to benefit from a surge in growth over the next 10 years and push the UK into eighth place. Like most economies, India...
  • In BRIC Commentary on Osama Death: Putin Called First & India Slams Pakistan

    05/03/2011 3:19:21 AM PDT · by vertolet888 · 10 replies
    Forbes ^ | May. 3 2011 | Kenneth Rapoza
    It was known already that the death of Osama bin Laden would be the biggest news item in the world whenever it happened. It happened on May 1. On May 2, here’s what the opinion pages of the biggest and most influential emerging markets had to say about it. In Russia’s Moscow Times, a Foreign Ministry spokesman was quoted as saying that Vladimir Putin was informed of the raid and subsequent death of Osama bin Laden before President Barack Obama went public at 23:35 eastern standard time. “The Kremlin welcomes the serious success achieved by the United States in the...
  • Say "Goodbye" to the Dollar

    04/15/2011 5:47:32 AM PDT · by JRNyquist · 52 replies · 1+ views ^ | april 15, 2011 | Jeff Nyquist
    .. inadequacies and deficiencies of the existing international monetary and financial system.. In 1998 Russian Foreign Minister Yevgeny Primakov, a strategist and master spy, conceived of an economic alliance between Russia, India and China. The purpose of this combination was to counter the international influence of the United States. By now it should be apparent that Russia and China intend to launch an attack against the U.S. dollar. Do we yet realize that such an attack is possible? And have we reckoned the political consequences?
  • BRIC Reds: “International Financial System Must Be Reformed”

    04/14/2011 4:20:13 PM PDT · by Nachum · 2 replies ^ | 4/14/11 | Trevor Loudon
    Of the five countries listed below, four, Brazil, South Africa, Russia and China are led by current, or former communists – in the case of Brazil’s Dilma Rousseff and South Africa’s Jacob Zuma, former communist terrorists. From Cuba’s Prensa Latina. Beijing, Apr. 14 China repeated its call for reform of the international financial and monetary system, with better representation of emerging economies and developing countries. Fair, inclusive, and well-managed systems must be established to support global economic development, President Hu Jintao sid during a summit meeting of the BRICS bloc in Sanya, on the southern island of Hainan. The meeting...
  • Brazil stares down the US on Libya

    04/02/2011 2:50:12 PM PDT · by SunkenCiv · 18 replies
    Al Jazeera ^ | Wednesday, March 30, 2011 | Greg Grandin
    The bad blood started, or so the story went, when Lula refused to listen to the administration of George W. Bush and isolate Venezuela's populist leader, Hugo Chávez. Before long, Brasilia was opposing or, worse, offering alternatives to Washington's position on a growing number of issues: climate change, opposition to the 2009 coup in Honduras, Cuba, trade and tariffs. Lula declined to criticise Iran and opened up a separate negotiating channel, outside of Washington's influence and much to its annoyance, with Tehran to discuss Iran's nuclear ambitions. The former Brazilian president also welcomed the president of the Palestinian National Authority,...
  • Paulson claims Russia tried to foment Fannie-Freddie crisis

    01/29/2010 4:06:54 PM PST · by lwd · 30 replies · 1,289+ views
    Financial Times ^ | Published: January 29 2010 21:06 | By Krishna Guha in Washington
    Russia proposed to China that the two nations should sell Fannie Mae and Freddie Mac bonds in 2008 to force the US government to bail out the giant mortgage-finance companies, former US Treasury secretary Hank Paulson has claimed. The allegation is in his memoir On the Brink in which he also suggests that Alistair Darling, the UK chancellor, blocked a rescue takeover of Lehman Brothers by Barclays Bank when he refused to support special treatment by UK regulators. “Russian officials had made a top-level approach to the Chinese, suggesting that together they might sell big chunks of their GSE holdings...

    11/03/2009 1:23:40 AM PST · by Cindy · 35 replies · 2,706+ views - INTERNATIONAL NEWS ANALYSIS TODAY ^ | November 3, 2009 | Toby Westerman
    SNIPPET: "Lula and Chavez have established a "strategic relationship," and recently agreed upon a joint Brazilian-Venezuelan oil venture worth billions of dollars. Lula and Chavez have joined with Daniel Ortega, the returned Nicaraguan Marxist dictator, to form an anti-U.S. Latin American military alliance - all with Russian assistance - funded by the region's abundant oil reserves. Brazil is engaged in its own arms build-up and Lula is determined that Brazil will become at least a first-rate regional power. Unfortunately, Lula is establishing Brazil as an anti-American military power by aligning with nations hostile or potentially hostile to the U.S. Lula...
  • Sarkozy calls for talks on dollar

    07/10/2009 11:18:27 AM PDT · by MyTwoCopperCoins · 14 replies · 1,870+ views
    Business Week ^ | July 9, 2009, 4:56PM ET | Business Week
    French President Nicolas Sarkozy called for a revamp of the global currency system, saying Thursday that the dollar's supremacy is outdated. "We need to ask the question: shouldn't a world that is politically multi-polar correspond to a multi-monetary world economically?" he said in a news conference during a summit of world leaders in L'Aquila, Italy. Sarkozy compared an overhaul of the global currency system to the enlargement of the Group of Eight structure to encompass fast-growing emerging economies, which were invited to join the Italian summit. He said the supremacy of the dollar belongs to the post-Second World War era...
  • India the Latest to Stone the Dollar

    07/10/2009 11:06:38 AM PDT · by mojitojoe · 23 replies · 763+ views
    Money News ^ | 7/9/2009 | Sean Hyman
    In the past several weeks, three of the four BRIC nations — Brazil, Russia, and China —have expressed doubt over the dollar’s reserve status and expressed worries over the U.S. debt. India had been the only BRIC nation that had remained silent on the dollar issue, but that’s changed. I wasn’t sure if India was going to hop on the bandwagon or not. However, they recently started singing with the rest of the BRIC choir in a chorus against the U.S. dollar. In fact, on July 6, both Russia and India collectively said that the world economy is too reliant...
  • US predominance is unlikely to fade away (Comment on BRIC)

    06/19/2009 8:45:28 AM PDT · by Cronos · 3 replies · 403+ views
    The Economic Times of India ^ | 19 Jun 2009 | Vikram Sood
    The US spent more than $607 billion on defence in 2008 according to SIPRI statistics and this constitutes 41% of global expenditure on defence. This far exceeds what the next nine countries spent during the same year. The Chinese spent $85 billion, the Russians $59 billion and the Indians $30 billion. The Brazilians, the fourth member of the newly founded BRIC, spent even less. There are others who calculate that the US spends far more than this in its endeavour to maintain global primacy. America maintains about 750 military and intelligence bases world-wide and its intelligence budget exceeds India’s defence...
  • Bric in search of elusive common cause (Brazil, Russia, India & China)

    06/18/2009 7:23:13 PM PDT · by lilylangtree · 3 replies · 486+ views
    Timesonline ^ | 6-18-2009 | Bronwen Maddox
    NO wonder that Russia was so keen to host the summit of the Bric countries, the giants of the developing world. Brazil, China, India and Russia are a would-be club in search of a common cause. Out of the four, it is Russia which is the weakest - and which has the most to gain from the others' solidarity. Brazil's President Luiz Inacio Lula da Silva, left, Russian President Dmitry Medvedev, Chinese President Hu Jintao and Indian Prime Minister Manmohan Singh line up for a group photo at the first Bric summit Picture: Reuters We can credit Goldman Sachs, not...
  • Time for 'NEW WORLD ORDER': Brazilian President...

    06/18/2009 9:49:21 AM PDT · by TaraP · 13 replies · 437+ views
    Breibart ^ | June 17th, 2009
    The global financial crisis has reduced the differences between nations and created the opportunity to form a new world order, Brazilian President Luiz Inacio Lula da Silva said Wednesday. Speaking after a meeting with Kazakhstan's President Nursultan Nazarbayev in the Kazakh capital Astana, Lula called on the global community to seize on the crisis to create a fairer world for developing nations.... "I want to say that before the crisis, there were many countries which had greater significance than others, and some countries which had no significance at all," he said through a translator. "After the crisis, everyone has become...
  • Dollar BRICbats

    06/17/2009 6:23:15 PM PDT · by Kaslin · 2 replies · 751+ views
    IBD Editorials ^ | June 17, 2009 | INVESTORS BUSINESS DAILY
    Globalism: Four emerging economies met in Russia Tuesday to seek an alternative to the dollar. It's futile. But it shows how Washington's spending binge harms the world's prospects.The Bush administration took a lot of flack for its supposed "unilateralism" in global affairs. But there's a new breed of go-it-alone "unilateralism" in the unrestrained U.S. fiscal spending that's causing trading partners to worry about the value of their dollar assets. It's hitting Brazil, Russia, India and China in the pocketbook as they fret about the value of their $2.8 trillion in dollar holdings, about 42% of the world's total. So it's...
  • BRIC leaders call for a “more diversified” currency system

    06/17/2009 3:41:47 PM PDT · by FromLori · 8 replies · 460+ views
    Merco Press ^ | 6/17/09
    The leaders of Brazil, Russia, India and China—the BRIC nations—called for a “more diversified” currency system and a new global order after holding their first summit amid growing talk over the US dollar future as the global reserve unit. Russian President Dmitry Medvedev hailed the meeting in Russia's Ural city of Yekaterinburg as "historic" and said it had met the expectations of his colleagues. "The summit must create the conditions for a fairer world order" he added in a final statement read out alongside Presidents Hu Jintao of China, Lula da Silva of Brazil and Indian Prime Minister Manmohan Singh....
  • BRICs Launch Assault on Dollar's Global Status

    06/13/2009 6:16:43 AM PDT · by TigerLikesRooster · 25 replies · 716+ views
    Chosun Ilbo ^ | 06/12/09
    BRICs Launch Assault on Dollar's Global Status Brazil, Russia, India and China, sometimes lumped together as BRIC to represent fast-growing developing economies, are selling off their U.S. Treasury Bond holdings. Russia announced earlier this month it will sell U.S. Treasury Bonds, while China and Brazil have announced plans to cut the amount of U.S. Treasury Bonds in their foreign currency reserves and buy bonds issued by the International Monetary Fund instead. The BRICs are also soliciting public support for a "super currency" capable of replacing what they see as the ailing U.S. dollar. The four countries account for 22 percent...
  • Financials may lead market rebound in 2009 (from BRIC to ICK?)

    12/31/2008 7:04:41 AM PST · by TigerLikesRooster · 25 replies · 935+ views
    SmartBrief ^ | 12/31/08
    Financials may lead market rebound in 2009 SIFMA Global SmartBrief | 12/31/2008 After a tumultuous 2008, the financial sector may be one of the leaders of a market rebound in 2009. The recovery might not be a rapid one, with a slight shift in focus among emerging markets, from BRIC to ICK countries. "Emerging markets like Brazil, Russia, India and China, or the BRIC nations, have tanked amid the global-asset sell-off," according to the Wall Street Journal. "As 2009 begins, emerging-market countries sporting the best earnings growth compared with current price are India, China and Korea, or the ICK countries."...
  • Commentary: BRIC is broke, and emerging markets are discouraging

    09/18/2008 4:20:42 AM PDT · by TigerLikesRooster · 7 replies · 158+ views
    Market Watch ^ | 09/17/08 | John Prestbo
    Commentary: BRIC is broke, and emerging markets are discouraging By John Prestbo Last update: 7:29 p.m. EDT Sept. 17, 2008 NEW YORK (MarketWatch) -- Many investors turned to emerging markets last year because those economies kept sizzling even as developed economies began cooling. Some pundits opined that emerging markets were the new global growth engine and that their momentum could save developed economies from sliding into recession. Indeed, that view held up for a while. In 2007, the Dow Jones Wilshire Emerging Markets Index rocketed up 45.4% on a total-return basis, while the DJ Wilshire Developed Markets Index gained 9.5%....
  • India still Asia's reluctant tiger

    02/28/2008 2:08:28 PM PST · by Jedi Master Pikachu · 23 replies · 505+ views
    BBC ^ | February 28, 2008. | Zareer Masani
    Bangalore's hi-tech enclaves are an oasis of excellence With its economy growing at more than triple the speed of Britain's, India has become a global leader in information technology and other hi-tech products. But how has this been possible in a country where poverty is so widespread and where more than a third of people are still illiterate? In the words of Nobel laureate economist Amartya Sen, "the danger of India moving in the direction of being half California and half sub-Saharan Africa is a real one." The contrast between hi-tech, silicon enclaves such as Bangalore and the primitive...
  • About 1 in 5 IBM employees now in India

    12/14/2007 6:57:00 PM PST · by NormsRevenge · 24 replies · 447+ views
    AP on Yahoo ^ | 12/14/07 | Brian Bergstein - ap
    BOSTON - IBM Corp.'s expansion in developing countries shows no sign of relenting. The technology company revealed Friday that it now has 73,000 employees in India, almost a 40 percent leap from last year. IBM did not provide updated figures for its work force in the U.S., which has held steady around 125,000 people in recent years. Nor did IBM project its total head count. It had 355,766 employees worldwide at the end of 2006. If the total has risen by the same rate as in 2006, almost one in five IBM workers now is in India, its second-largest center....
  • The greatest economic boom ever

    (Fortune Magazine) -- Just how red-hot is the current worldwide expansion? "This is far and away the strongest global economy I've seen in my business lifetime," U.S. Treasury Secretary Hank Paulson declared on a recent visit to Fortune's offices. That may come as news to many Americans, whose boom-time memories are stuck in the 1990s, when Silicon Valley was the epicenter of our growth fantasies. But the fellow now occupying Paulson's old office at 85 Broad Street in downtown Manhattan shares that upbeat view. Just returned from a ribbon-cutting ceremony in the Middle East, Goldman Sachs (Charts, Fortune 500) CEO...
  • India, Russia, China foreign ministers to meet to boost trilateral cooperation

    02/14/2007 1:10:07 AM PST · by twinself · 10 replies · 622+ views
    International Herald Tribune ^ | February 14, 2007
    The foreign ministers of India, Russia and China were meeting Wednesday in the Indian capital in a bid to strengthen relations and to explore cooperation on issues such as counterterrorism and energy security, Indian officials said. The meeting between India's External Affairs Minister Pranab Mukherjee, Russian Foreign Minister Sergey Lavrov and their Chinese counterpart Li Zhaoxing is part of efforts by the three countries to forge a trilateral forum to work more closely on regional security issues, the officials said. "This will be the second stand-alone meeting of its kind," said Navtej Sarna, external affairs ministry spokesman. The foreign ministers...
  • Dumb as a BRIC?

    10/09/2006 3:05:42 PM PDT · by GodGunsGuts · 12 replies · 524+ views
    PrudentBearFund ^ | October 9, 2006 | Martin Hutchinson
    The Bear’s Lair: Dumb as a BRIC? October 9, 2006 Martin Hutchinson is the author of "Great Conservatives" (Academica Press, 2005) -- details can be found on the Web site It has become fashionable in the last few years to express enthusiasm for emerging market investment by focusing on the “BRIC” economies (Brazil, Russia, India, China), a term first coined in a 2003 paper by Goldman Sachs, which looked for the potential economic superpowers of 2050. This is a dumb idea for two reasons: there are other emerging markets that are at least as attractive as these four, and...
  • Russian fighters to be sold to Mexico & Brazil, pilots trained in Venezuela

    09/28/2006 6:27:55 AM PDT · by sukhoi-30mki · 38 replies · 4,079+ views
    Ria Novosti,Russia ^ | 28/ 09/ 2006
    Jets to be sold to Mexico, Brazil, pilots trained in Venezuela 11:46 | 28/ 09/ 2006 BUENOS-AIRES, September 28 (RIA Novosti) - Russia's state-owned arms exporter said Thursday it will soon sign deals to export Sukhoi warplanes to Mexico and Brazil, and will open helicopter maintenance and pilot training centers in Venezuela. Rosoboronexport's regional department head, Sergei Ladygin, said: "We hope that Sukhoi planes will soon appear in Latin American countries." Speaking on the sidelines of a military exhibition in Argentina, SINPRODE-2006, Ladygin said Rosoboronexport will also offer a modernized version of the Mig-29 Fulcrum fighter to Mexico and Brazil....
  • Make China Pay for Not Helping with North Korea

    07/08/2006 2:57:31 PM PDT · by garbageseeker · 63 replies · 1,159+ views
    Human Events ^ | 07/08/06 | Human Events Editorial
    the People’s Republic of China won’t help the U.S. rein in the rogue regime of North Korean dictator Kim Jong Il -- which this week conducted a failed test of a missile designed to reach American cities -- then the U.S. should stop helping China with its own economic and technological development. China must support the U.S. position on North Korea in the U.N. Security Council or pay a price for not doing so. In response to North Korea’s missile tests, Japan has sponsored a resolution in the Security Council that would bar nations from giving North Korea money, material...

    06/12/2006 3:52:37 AM PDT · by Oshkalaboomboom · 16 replies · 485+ views
    New York Post ^ | 6/12/06 | Peter Brookes
    Some see it as a NATO counterweight. Others call it a Club for Dictators or at least neardictators. Some consider it an antiAmerican stalking horse for Chinese and or Russian hegemony, with the potential to become "OPEC with nukes." Whatever: The Shanghai Cooperation Organization (SCO) a so-called "anti-terrorism, anti-separatism, anti-extremism" grouping, including China, Russia, Kazakhstan, Kyrgyzstan, Uzbekistan and Tajikistan, which holds its fifth annual meeting this week - definitely reeks of trouble for Uncle Sam. Start with this: The "anti-terrorism" SCO has given observer status to Iran, the world's top state sponsor of terrorism including an annual convention of just...
  • Iran welcome in China's new sphere

    06/12/2006 11:44:25 AM PDT · by Tailgunner Joe · 4 replies · 552+ views ^ | June 13, 2006 | Rowan Callick
    IRAN'S controversial President Mahmoud Ahmadinejad is flying to Shanghai tomorrow to take part in a summit that will seal China's plans to lead an Asian rival to the North Atlantic Treaty Organisation. The Shanghai Co-operation Organisation - whose meeting has forced the shutdown of much of the city this week - is celebrating its fifth anniversary, and is preparing to expand its membership well beyond the present China, Russia and four strategic central Asian states: Kazakhstan, Uzbekistan, Kyrgyzstan and Tajikistan. Chinese Assistant Foreign Minister Li Hui refused at a briefing yesterday to disclose the countries that wished to become observers...
  • A potential rival for NATO - 'Shanghai 5' group evolves into power 'OPEC with bombs'

    06/05/2006 12:07:03 PM PDT · by Tailgunner Joe · 12 replies · 965+ views
    Toronto Star ^ | Jun. 3, 2006 | MICHAEL MAINVILLE
    MOSCOW—After a decade as a largely unknown body bringing together Russia, China and a number of Central Asian states, the Shanghai Co-operation Organization is evolving into a security and political bloc that could become a key global player with the clout to challenge NATO, experts say. Russian and Chinese leaders praised the organization this week as parliamentary leaders from its six member states met in Moscow ahead of a major SCO summit on June 15 in Shanghai. Russia, China, Kazakhstan, Kyrgyzstan and Tajikistan founded the group as the "Shanghai Five" in 1996 and it was expanded to include Uzbekistan, renamed...
  • Moscow and Beijing's "One Clenched Fist"

    05/27/2006 1:56:12 PM PDT · by GodGunsGuts · 22 replies · 448+ views
    Monday, January 09, 2006 Final Phase Backgrounder: Moscow and Beijing's "One Clenched Fist" (PT = Blogger's Initials) During the days of overt communism in Eastern Europe, the Union of Soviet Socialist Republics and the People's Republic of China feigned enmity, publicizing their hostility with manufactured border skirmishes and other diversions. On December 25, 1991 the Leninist strategists in Moscow offered the world a Christmas present: the USSR was going to implode and communism would be outlawed. Somewhere in the Kremlin there was chuckling and the tinkling of glasses of vodka. Following the much-ballyhooed demise of communism in Russia, the "ex"-communist...
  • An Iran-Russia-China axis? (Axis of dictatorship)

    10/27/2005 8:40:51 AM PDT · by Wiz · 40 replies · 1,056+ views
    The decision by the International Atomic Energy Agency (IAEA) to refer Iran's nuclear programme to the UN Security Council has thrown into sharp focus relations between Iran and Russia. Moscow may soon have to choose whether to back Iran or align itself with the US and the European Union (EU) in reining in Iran's nuclear intentions. Russia appears ready to co-operate with both the USA and Iran in order to boost its trade relations with the two countries. Although Russia is also a leading oil exporter and therefore unlikely to be intimidated by Iranian threats to reduce oil sales, the...
  • Russia needs to be strong against 'fortress' US: Putin

    05/10/2006 10:51:32 AM PDT · by lizol · 42 replies · 939+ views
    AFP via Yahoo! News ^ | May 10, 2006
    Russia needs to be strong against 'fortress' US: Putin MOSCOW (AFP) - Russia faces a growing arms race against a "fortress" United States which cares more about its own interests than democracy or human rights, President Vladimir Putin said in his annual state of the nation speech. In a wide-ranging, nationally televised address to both houses of parliament on Wednesday, Putin spent most time on domestic issues, particularly the rapid decline of the country's population, which the Russian leader said is losing 700,000 people a year. But his most biting comments targeted the United States, which has become increasingly critical...
  • Why Nobody Bombs Downtown Pyongyang

    04/27/2006 11:36:26 AM PDT · by strategofr · 24 replies · 1,411+ views ^ | By Andrei Navrozov
    The geopolitical history of the last century, in the course of which totalitarianism emerged, developed, and evolved to become the ineluctable lot of mankind that it is today, may be encapsulated in three short sentences. One: Stalin created Hitler. Two: Stalin sicked Hitler on the West. Three: Stalin got the West to become his ally in order to defeat Hitler. The bitter fruit of Stalin’s strategy was half of Europe falling into his lap. Bitter for no other reason but that all of Europe had been meant to fall to the prospective scourge of Nazi evil, as surely it would...
  • The Job is Not Finished Until the Red Chinese are out of Long Beach

    04/26/2006 6:22:45 PM PDT · by Tolerance Sucks Rocks · 20 replies · 769+ views
    American Policy Center ^ | April 3, 2006 | Tom DeWeese
    Americans were rightly outraged over the possibility of an Arab nation with ties to terrorists taking control of six major American ports. Protests from across the nation helped to squelch the deal. However, the job’s not finished. The Communist Chinese still control ports at Long Beach. Congressman Charlie Norwood, (R-GA) made a strong case for getting the Chinese out of the port of Long Beach when he noted that while Dubai has been a reliable partner for America in the War on Terror, Red Chinese officials have threatened invasion of America’s ally on Taiwan and nuclear war against the United...
  • Asia Rising (The future is happening there, for better or worse).

    04/23/2006 3:34:40 AM PDT · by jome · 16 replies · 1,106+ views
    National Review Online(NY) ^ | April 21, 2006, 6:06 a.m. | Rich Lowry
    Asia Rising Donald Rumsfeld infamously made a distinction between Old Europe and New Europe. He has been scored ever since for his sweeping and impolitic language, but he wasn't sweeping enough: In geopolitical terms, all of Europe is old, the world's most tourist-friendly museum piece. For the future of high-stakes U.S. diplomacy and of great-power politics, look no further than Chinese President Hu Jintao's visit to the U.S. It is Asia that should occupy an outsized place in our strategic thinking, and it is Europe that should be the relative afterthought, not the other way around. The media and foreign-policy...
  • Mideast 'axis' forms against West

    04/19/2006 5:04:58 PM PDT · by Flavius · 5 replies · 504+ views
    csmonitor ^ | April 20, 2006 edition | By Nicholas Blanford | Correspondent of The Christian Science Monitor
    Iran is forging closer ties with countries and groups in the Middle East that share its hostility toward the US and Israel. By Nicholas Blanford | Correspondent of The Christian Science Monitor BEIRUT, LEBANON – Rising tension between the West and Iran is coinciding with the emergence of a loose anti-Western alliance - Israel now dubs it an "axis of terror" - spanning the Middle East, presenting a new challenge to the US's regional ambitions. Centered on Iran, this alignment has hardened in recent months, analysts say, with Tehran shoring up old alliances and strengthening ties with countries (Syria and...
  • Interfax-Moscow says Venezuela to produce Russian AK-103s under license

    04/16/2006 8:10:43 PM PDT · by Thunder90 · 42 replies · 3,489+ views
    V Headline ^ | Sunday, April 16, 2006
    Russian news agency Interfax: The Russian state arms trading agency Rosoboronexport has denied reports by a number of US media alleging that Russia will sell outdated Kalashnikov assault rifles to Venezuela instead of modern ones, as it promised to do earlier. "We would like to express our surprise and even outrage at an April 10 article published in the Washington Times. The allegations it makes are untrue and absolutely absurd," Rosoboronexport spokesman Valery Kartavtsev said at a press conference, Saturday. According to a contract signed in May 2005, Russia will sell 100,000 AK-103 rifles to the Venezuelan army and security...
  • SCO Secretariat to be reorganized, renamed

    04/12/2006 10:38:44 PM PDT · by HAL9000 · 4 replies · 379+ views
    Interfax (RU) ^ | August 13, 2006
    BEIJING. April 13 (Interfax-China) - The Shanghai Cooperation Organization's summit, due to be held on June 15 2006, will discuss the issue of renaming and reforming the organization's secretariat, said the SCO's Executive Secretary Zhang Deguang. "The Secretariat was set up at the organization's onset. The SCO has gone through significant change and development, which requires that the Secretariat be reorganized and renamed," Zhang said. The upcoming summit will also address the issue of granting the status of permanent members to individual observer states, at their request, he said. Regarding talks between the SCO defense ministers, set for the...
  • China + Russia = Trouble

    03/28/2006 4:33:19 PM PST · by RWR8189 · 16 replies · 762+ views
    Heritage Foundation ^ | March 28, 2006 | Peter Brookes
    A blossoming Sino-Russian romance is undercutting U.S. global interests on an unprecedented scale. Indeed, Russia and China seem to have their eyes on restraining European and Japanese power, too.Start with the United Nations, where Russia and China are hampering U.S.- and European Union-led efforts to address Iran's nuclear program. It's been weeks since the Security Council got official notice that Iran had violated its nonproliferation promises - yet the U.N. body has yet to manage to even condemn Tehran's actions, much less impose economic sanctions.No surprise: Both Moscow and Beijing have way too much at stake to bully their buddy,...
  • Iran to Go Nuclear This Year Thanks To Russia and China

    03/26/2006 9:50:42 PM PST · by Tailgunner Joe · 14 replies · 561+ views
    Persian Journal ^ | Mar 26, 2006
    Iran would fully go nuclear with the current Persian year which started simultaneously with spring on March 20, arab-parast president Mahmoud Ahmadinejad said yesterday. "Our enemies try to prevent our scientific progress through widespread propaganda but inshaAllah (God willing) this (new) year will be the year when the Islamic Republic of Iran will fully avail itself of peaceful nuclear technology," Ahmadinejad, the towelhead president of Iran said. In a meeting with visiting Syrian Vice President Farouk Al-Shara, Ahmadinejad said Iran's use of peaceful nuclear energy will be to the benefit of the Islamic world and the "friends of Iran." Earlier...
  • (China) Energy Tsars Hungry For A New Market (Russia)

    03/25/2006 6:14:38 PM PST · by blam · 7 replies · 380+ views
    Energy tsars hungry for a new market (Filed: 26/03/2006) The Chinese President, Hu Jintao, has lobbied Vladimir Putin hard for the planned £6.5 billion East Siberian Pacific Pipeline, on which work is due to begin this year, to include a spur to the Chinese border. If opened as planned in 2008, the main pipeline will pump up to 1.6 million barrels of oil a day to the Pacific port of Nakhodka. Last week, China's National Petroleum Corporation offered to pay Transneft, the company building the pipeline, £228 million to cover the costs of a branch. China is a leading buyer...
  • Russia-backed opposition leads in Ukraine - exit polls

    03/26/2006 12:37:15 PM PST · by lizol · 24 replies · 553+ views
    Reuters ^ | Sun Mar 26, 2006 | Yuri Kulikov
    Russia-backed opposition leads in Ukraine - exit polls Sun Mar 26, 2006 7:46 PM GMT By Yuri Kulikov KIEV (Reuters) - The party of Russia-backed Viktor Yanukovich, loser in a presidential poll in Ukraine's 2004 "Orange Revolution", held a clear lead in Sunday's parliamentary election, exits polls showed. But an even bigger blow for the pro-Western President Viktor Yushchenko came from the bloc of his estranged "Orange Revolution" ally Yulia Tymoshenko, who flew past him into second place leaving his Our Ukraine party badly trailing. The projected outcome, that could mark a step away from the pro-West ideals espoused by...
  • Russia and China bridle at paying UN more

    03/24/2006 2:27:20 PM PST · by cope85 · 24 replies · 761+ views
    Financial Times ^ | March 24, 2006 | Financial Times
    Russia and China bridle at paying UN All Financial Times NewsThe US has sparked protests from Russia and China by proposing a fundamental change to the way contributions to the United Nations are calculated that would make them pay more. The US, the organisation's biggest contributor, wants to shift from a formula broadly based on gross national income (GNI) to one that takes account of purchasing power parity (PPP) – a tool used by economists to compare living standards in different countries more accurately. In testimony prepared for a congressional hearing, before that hearing was delayed, John Bolton, the US...
  • Old foes unite against 'interfering' US

    03/22/2006 2:04:07 AM PST · by MadIvan · 37 replies · 852+ views
    The Daily Telegraph ^ | March 22, 2006 | Richard Spencer
    Russia and China marked the arrival of President Vladimir Putin on a state visit to Beijing yesterday by launching twin attacks on American foreign policy, in a sign of the growing ties between the two former communist rivals.Both leaders responded strongly to the American condemnation of their human rights. The United States has criticised Russia for hampering democratic development at home and in former Soviet states, and China for its lack of transparency in military spending and its ties to countries with poor human rights records. The Russian foreign ministry said America's national security strategy, released last week, was using...
  • Russian president seeks deeper ties with China as U.S. criticizes both

    03/20/2006 5:04:49 PM PST · by Tailgunner Joe · 7 replies · 438+ views
    AP ^ | March 20, 2006
    A bear clad in the Russian tricolor dances with a panda wearing the Chinese red and yellow stars on banners around Beijing. "Together Toward Common Prosperity" reads the slogan on ads for a coming Russian cultural year. Russian President Vladimir Putin will seek to tighten his country's dance with its former Cold War adversary when he arrives in China's capital Tuesday for a two-day state visit. With China's wealth and might burgeoning, Putin's meeting with Chinese President Hu Jintao _ their fifth in under a year _ is expected to be a tightly choreographed spectacle of symbolism and overtures to...

    03/11/2006 6:58:31 PM PST · by strategofr · 29 replies · 977+ views
    financial ^ | 03.10.2006 | by J. R. Nyquist (or was it Elvis?)
    Russian generals and anti-American propagandists would like you to believe that George W. Bush was behind 9/11, or else it was “the Jews.” Anti-Semitism is alive and well today, from the “historical revisionists” who say the holocaust never happened to the obnoxious conspiracy nuts who believe that the Protocols of the Elders of Zion are authentic. Anti-American and anti-Jewish propaganda are of a piece. The one set of lies is related to the other, as the fate of the Jewish people in World War II foreshadows the fate of the American people in World War III. Extermination of the hated...
  • China`s looming shadow

    03/10/2006 11:37:04 AM PST · by gogoman · 54 replies · 902+ views
    UPI ^ | Mar 10, 2006 | Ambika Behal
    WASHINGTON, DC, United States (UPI) -- Chinese influence is increasing in Latin America and Africa, a phenomenon that could have substantial bearing on America`s foreign policy on these regions, say analysts. 'America`s influence could be seriously eroded,' while Chinese influence will only increase, said Stephen Johnson, senior policy analyst at the Heritage Foundation in Washington. Referring to the 'plantation economy' being created in Latin America as a result of China`s substantial influence on the economy, he said that the United States should rely more on competition in order to get a foot back in the door as a major player....
  • Gorbachev chides US for 'superiority'

    03/02/2006 2:44:52 PM PST · by Aussie Dasher · 72 replies · 3,456+ views
    Herald Sun ^ | 3 March 2006 | Marina Lapenkova
    FORMER Soviet leader and Nobel peace prize laureate Mikhail Gorbachev has turned 75, bitter that the end of the Cold War has left the United States with what he called a "superiority complex". "It would be in everyone's interest if that big country America recovered from that disease," he said. Mr Gorbachev, who launched the democratic and economic reforms that ultimately led to the collapse of the Soviet Union in 1991, described the end of the Cold War as a gift that the United States has squandered. He also denounced growing Russophobia, saying "some in the West would like to...
  • At 75, Gorbachev Laments U.S. 'Arrogance' (Boy, does he sound like Carter, or what?)

    03/01/2006 11:41:38 AM PST · by LesbianThespianGymnasticMidget · 48 replies · 938+ views
    Gorbachev, Who Turns 75 Thursday, Says End of Cold War Only Strengthened U.S. 'Arrogance' MOSCOW - Mikhail Gorbachev's magnetic brown eyes shine as brightly as ever, and he speaks with the same passion about the collapse of the Soviet Union as he prepares to mark his 75th birthday on Thursday. The man who ended the Cold War and launched democratic reforms that broke the repressive Soviet regime continues to enjoy the limelight, globe-trotting on behalf of his political foundation and environmental group and taking part in charity projects. At a meeting with foreign reporters this week, Gorbachev blamed the United...
  • Iran, North Korea, China Emerging as Threats

    02/28/2006 4:48:53 PM PST · by SandRat · 12 replies · 402+ views
    American Forces Press Service ^ | Sgt. Sara Wood, USA
    WASHINGTON, Feb. 28, 2006 – After terrorism, the ongoing development of weapons of mass destruction is the second major threat to the safety of the U.S. and its allies, and Iran and North Korea are both emerging as potential dangers in that area, a top U.S. official told a Senate committee here today. "The time when a few states had monopolies over weapons of mass destruction is fading," said John D. Negroponte, director of national intelligence, at a Senate Armed Services Committee hearing on worldwide threats to U.S. national security. "Technologies, often dual-use, move freely in our globalized economy, as...