By Pepe Escobar You may have heard of the N-11. Yes, it’s another clever Goldman Sachs concoction, to the benefit of that prized specimen – the “global investor”. These are the next BRICS, the new emerging powers. The N-11 is made up of: Bangladesh, Egypt, Indonesia, Iran, South Korea, Mexico, Nigeria, Pakistan, Philippines, Turkey and Vietnam. Some … Continue reading
By Pepe Escobar, Asia Times This is it. It is indeed historic. And diplomacy eventually wins. In terms of the New Great Game in Eurasia, and the ongoing tectonic shifts reorganizing Eurasia, this is huge: Iran — supported by Russia and China — has finally, successfully, called the long, winding 12-year-long Atlanticist bluff on its “nuclear … Continue reading
Russia has proposed to Indonesia to use their national currencies for trade settlements, said Denis Manturov, Russia’s Minister of Industry and Trade, Russian media reports, just days after Russian Prime Minister Dmitry Medvedev made the same offer to Vietnam. “We [Russia] expect active support in the transition to the use of national currencies in our trade relations with [a number of countries] and Indonesia, too,” … Continue reading
Turkey is pushing for Iran to switch to use local currencies in bilateral trade and ditch the euro and the U.S. dollar in the latest effort amongst emerging market nations to further de-dollarization. According to Bloomberg, Turkish President Recep Tayyip Erdoğan used a meeting with his Iranian counterpart Hassan Rouhani in Tehran to lobby for dropping euros and … Continue reading
By Saeed Mohammadian More than four decades have passed since the establishment of official political relations between Iran and China. Although these effective players in East and West Asia have had longstanding relations as old as the history of the Silk Road, political and economic relations between the two countries have been sometimes criticized by Western … Continue reading
By F. William Engdahl The dynamics of Russian foreign policy since the USA has forced a de facto declaration of war via financial and economic sanctions against Russia is impressive to put it mildly. Whether it will suffice to break the economic siege of Washington and open the way for a genuine global economic alternative to … Continue reading