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A BRICS Reserve Currency
This is a discussion from the Valdai Club
Comment: I admit that I was a little disappointed – But it seems we have a name and it is 5R or the 5R Project. My impression is that they are using the idea of a new reserve currency only for determining price in trade (instead of using… Continue reading
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Nov 21 2022 
Provocation: Building Conflict
Chaos has become a policy. Within the western core, there is a great ability to make trouble, but no real ability to actually make a war unless they pile up. Then enters provocation which is an incitement to get others to act in some predetermined manner. In what is before us, we see Europe acting… Continue reading
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A number of articles – We Fight!
It seems we are getting busier across our world. Here are a few articles each introduced with comments from me. Enjoy. It is a weekend’s reading.
First, we have Xi Jinping’s formal and written speech at APEC CEO Summit:
He consistently repeats the main and major Chinese message. First he describes the world:
Currently, the Asia-Pacific enjoys overall… Continue reading -
WEF Klaus Schwab @ G20
Somebody is recognizing the restructuring of our world. But, it is not yet surrender.
WEF Klaus Schwab admits at the G20 summit that globalization is over, US dominance is over, and the multipolar order (BRICS+) is next. Time for world peace and shared prosperity instead of endless wars and global theft. pic.twitter.com/5MIQ8T4Snt— Kim… Continue reading
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Nov 17 2022 
Full text of Xi’s written speech at APEC CEO Summit
BANGKOK, Nov. 18 (Xinhua) — Chinese President Xi Jinping delivered a written speech titled “Staying Committed to and Jointly Promoting Development to Bring Asia-Pacific Cooperation to New Heights” here Thursday at the Asia-Pacific Economic Cooperation (APEC) CEO Summit.
The following is the full text of the speech:
Staying Committed to and Jointly Promoting Development to Bring Asia-Pacific… Continue reading -
Nov 15 2022 
Lula: Travels to COP27
This is good for Lula. It is good that before he is even inaugurated, he gets to arrange bilateral meetings and that he gets to discuss planetary issues.
On Monday, Brazil’s President-elect Lula da Silva traveled to Egypt to take part in the United Nations Conference on Climate Change (COP27).
“Brazil, which was diplomatically isolated during the… Continue reading
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Nov 15 2022 
Bolivia: In the Building Conflict stage again
We featured a short history of Bolivia here and will not repeat the historical angles for this piece.
Bolivia is again in the crosshairs, where conflict is being deliberately provoked. The cadres being used for this, are fascist groups who play football hooligans, and gang members who are enticed to help enact violence. They are vandalizing… Continue reading
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A short follow-up: Beijing and Berlin
If I read this correctly, the recent visit from Olaf Scholz and his business entourage has only angered China.
Following is formal commentary from the Chinese Foreign Ministry on what was a proposed buy of a German chip manufacturing company.
November 9th … AFP: According to reports, Germany wants to block the sale of a chip factory… Continue reading -
Brazil
Bear in mind that even with Lula’s victory, he is not yet President. He will take over from 1 January 2023.
We had some discussion and I would like to post it here. First a piece by Colin Maxwell on his fairly new Substack and then an attempt to answer from the Valdai Club. Finally my… Continue reading
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Norton & Desai: Geopolitical Economy
Ben Norton and Radhika Desai. What will actually happen if countries start to default on their IMF loans?
Radhika Desai is an expert and has coined the phrase Geopolitical Economy. I’ve listened to some of her interviews as she got on an airplane and went to the latest SCO meeting. She will probably… Continue reading
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Lavrov & Jaishankar: Presser
Foreign Minister Sergey Lavrov’s remarks and answers to media questions at a joint news conference with Minister of External Affairs of the Republic of India Subrahmanyam Jaishankar, Moscow, November 8, 2022
Ladies and gentlemen,We held meaningful and practical talks with Minister of External Affairs of India Subrahmanyam Jaishankar in a traditional friendly and sincere atmosphere. Our… Continue reading
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Here is our problem in our world
The US openly declares they are not ready to give up world domination.
Masks are off. US Secretary of State Anthony Blinken openly stated what US ambitions are. He also emphasized that the Cold War only ended in the minds of Russians but they are still tallying up its outcomes.Being in the leading position is the… Continue reading
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Comeback kid Lula in the eye of a volcano
Lula wins but his room for maneuver will be limited by powerful forces aligned against his Global South agenda
By Pepe Escobar and he describes this as A special for Asia Times in a very special day. Usually we use Pepe’s work with his permission.
Luis Ignacio “Lula” da Silva may be the ultimate 21st century political… Continue reading
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Lula’s win …
… looks thin to me. Take a look at the final count:
At this time Bolonsaro has not said anything but before the election, he vowed to fight, even if Lula wins. As the Electoral College granted the election to Lula, Jair Bolsonaro refused to talk or take calls. It is reported that the media was… Continue reading
