Latin American Revolutions Under Attack by ANDRE VLTCHEK

Do not take the Latin American revolutions for granted. They inspired the entire Planet. They brought hope to every corner of our scarred Earth. But now they are themselves in need of our support. If left alone, they would thrive for decades and centuries. But the Empire is once again on the offensive. It is shaking with fury. It is …

Global Trade War US/EU Against BRICS By James Hall

Do not be confused. Globalists whether Wall Street capitalists, corporatists, collectivist authoritarians or devoted internationalists, all share a common mindset – a worldwide financial system must control commerce and dictate economic activity. Under this formula, trade has little to do with free market transactions. Monopolies are the rule and real competition is fatal. So when the financial press emphasizes the …

BRICS trample US in South America – Pepe Escobar

It started in April with a rash of deals between Argentina and Russia during President Cristina Kirchner’s visit to Moscow. And it continues with a $53 billion investment bang as Chinese Premier Li Keqiang visits Brazil during the first stop of yet another South American commercial offensive – complete with a sweet metaphor: Li riding on a made in China …

Russia Invites Greece to Join BRICS Bank

Greece has been invited by Russia to become the sixth member of the BRICS New Development Bank (NDB). The $100 billion NDB is expected to compete with Western dominance and become one of the key lending institutions. The invitation was made by Russian Deputy Finance Minister Sergey Storchak on Monday during a phone conversation with Greek Prime Minister Alexis Tsipras, …

BRICS and the Fiction of “De-Dollarization”

The financial media as well as segments of the alternative media are pointing to a possible weakening of the US dollar as a global trading currency resulting from the BRICS (Brazil, Russia, India, China, South Africa) initiative.   One of the central arguments in this debate on competing World currencies hinges on the BRICS initiative to create a development bank …

Russia to ratify BRICS currency pool deal soon — envoy

Russia intends to become the first country among the BRICS group of the world’s five leading emerging economies to ratify an agreement on the group’s foreign currency reserve pool, Russian Foreign Ministry Ambassador-at-Large Vadim Lukov said on Friday. “An agreement will be ratified soon on establishing a pool of foreign currency reserves. Russia will most likely be the first country …

Westward ho on China’s Eurasia BRIC road

“…it is imperative that no Eurasian challenger (to the U.S.) emerges capable of dominating Eurasia and thus also of challenging America” Zbigniew Brzezinski, The Grand Chessboard, 1997 What’s in a name, rather an ideogram? Everything. A single Chinese character – jie (for “between”) – graphically illustrates the key foreign policy initiative of the new Chinese dream. In the upper part …

The Greek Debt Interim Agreement: Necessary Step or Sell-Out?

By Jack Rasmus –

Last Friday, February 20, Greece’s Syriza government agreed to a four month extension of the current debt package that has been in effect since Greece’s last debt renegotiation in 2012, thus agreeing to the main demand of the Troika that it do so as a condition for further negotiations. Some have read this as a ‘sell-out’ by Syriza of its election promises to reject the austerity measures the Troika established in 2010 and 2012, which have kept Greece in a condition of perpetual economic depression for the past half decade. By agreeing to continue current debt arrangements for another four months, critics say Syriza has also reneged on its promise to reject the Troika’s previous debt deal. The same critics argue that Syriza should have simply declared ‘no’ to extending both the current debt package and related austerity measures by the February 28 expiration date. And if the Troika didn’t like it, so be it; Greece should just leave the Euro currency zone.