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G20

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The International Monetary Fund Might Not Live to See Its Anniversary

The latest meeting of the ministers of finance and central bank governors of the G20 countries took place April 10-11, 2014 in Washington. A key issue was the reform of the International Monetary Fund (IMF)... Through their inaction on the issue of reforming the IMF, the United States first and foremost is discrediting itself. And second, the Fund. Third, the G20. The Fund's reputation is plummeting especially fast considering that in recent years China has been giving "third world" countries loans similar in size to those offered by the IMF and the IBRD. But Beijing, unlike the IMF, does not set political conditions in the spirit of the Washington Consensus...

Valentin KATASONOV | 19.04.2014


 

‘US Desperate To Isolate Russia On All Fronts’

‘US Desperate To Isolate Russia On All Fronts’. The Obama administration is taking no prisoners trying to “isolate” Russia on all possible fronts – with negligible results so far. Here I outlined some reasons why Asia won’t isolate Russia. And here some reasons why the EU cannot afford to isolate Russia. Yet the Obama administration is relentless, and bound to keep attacking on three major fronts – the G20, Iran and Syria.

EDITOR'S CHOICE | 29.03.2014


 

Russia and China: New Prospects

At the G20 summit in St. Petersburg the heads of Gazprom and CNPC, Alexei Miller and Zhou Jiping, signed an agreement on the main terms of delivery of gas from Russia to China via the eastern route... This is a matter of a strategic partnership between Russia and China, and the task of building the economic foundation for such a partnership goes beyond the interests of individual companies, even large ones. On the Russian side, both Gazprom and Rosneft are acting as operators in achieving important state goals...

Igor TOMBERG | 10.09.2013


 

Chemical Weapons in Syria: Hullabaloo Raised as Element of Information Warfare

Russian President Vladimir Putin said at the final G20 press-conference that the use of chemical weapons in Syria is a provocation perpetrated by militants... At present there are two things purposefully mixed up as the issue of the August 21 hypothetical chemical attack is being scrutinized: 1) the hullabaloo raised to confuse public and 2) the fact the chemical weapons are part of Syrian army’s inventory... In the given military and political situation the chemical weapons in the Syrian army’s inventory is an effective means of deterring an aggression...

Nikolai MALISHEVSKI | 08.09.2013


 

Putin’s Finest Hour on the World Stage

The United States ended up badly isolated at the G20 summit in St. Petersburg on the Syrian question. The best American claim is that the gathering was split down the middle – «fifty - fifty»  but the cold reality is that there were no takers among the world leaders for the US’ proposed military operations against Syria other than Turkey, Canada, Saudi Arabia and France. Where does this leave President Barack Obama in the fateful days or weeks ahead? Obama’s press conference at the G20 on Friday evening offers some signposts... The tone toward Russia was notably conciliatory, which reflected the acute awareness that on the Syrian question, it is Moscow that is in a convincing leadership role rather than Washington...

Melkulangara BHADRAKUMAR | 07.09.2013


 

Will West Let Ship Called IMF Sink?

...The only real issue discussed in concrete terms at G20 meetings is reviewing the quotas for International Monetary Fund (MF) members. It will be on the table at the September 5-6 G20 summit in Saint-Petersburg. This subject is a thorny one being related to vital interests of major groups of countries and each state individually... The discrepancy between the existing correlation of contributions into the world economy and the determination of quotas in the International Monetary Fund has become too obvious. The BRICS members – the states with dynamic economies – are the chief initiators of the idea to reconsider the formula used for determination of IMF quotas...

Valentin KATASONOV | 04.09.2013


 

Obama Nearing Point of No Return

President Vladimir Putin’s remarks on the Syrian crisis, while on a visit to Vladivostok in the weekend, were his first ones since the crisis began snowballing over the United States’ moves to launch a militarily attack against the Middle Eastern country. What is striking from the Kremlin’s transcript is that Putin spoke far more extensively than what the media reports suggested, and, second, he spoke on virtually every aspect of the explosive situation. The timing is very important, too, as less than a week remains for the major international event G20 summit which is scheduled to be held in St. Petersburg on Thursday... Certainly, Putin towers head and shoulders above other world statesmen today in taking a highly principled stance, given Russia’s involvement in Syria. Russia's advantage is its deep knowledge of Syria and the Middle East, and it’s a  well-known fact that it continues to play a big role to cobble together Geneva 2 conference despite all heavy odds...

Melkulangara BHADRAKUMAR | 02.09.2013


 

The Return of the Glass-Steagall Act?

A report flashed through the media recently about Iowa Democrat Senator Tom Harkin, who has introduced to the US Senate Bill No.985 on the reinstatement of the Glass-Steagall Act. This took place on 16 May on the 80th anniversary of the original Glass-Steagall Act. Its adoption, as well as its subsequent repeal, had an enormous influence on the development of both America’s and the world’s financial and banking systems...

Valentin KATASONOV | 20.06.2013


 

BRICS’ Rising Profile

The rise of BRICS (Brazil, Russia, India, China and South Africa – the last one joined the group last year) within a span of three years since its formal inauguration in Russian city of Yekaterinburg in 2008 is really phenomenal...

Aurobinda MAHAPATRA | 07.11.2011


 

Should Russia coordinate its policy with that of the US? (II)

The crisis will inevitably result in dramatic changes on the global political scene. The US will finally lose its superpower status which it had enjoyed for a century. The U.S. has failed to stand the ‘multipolarity test’ and had worn-out wars in the Middle East. Now they lack enough resources to maintain leadership. It is very likely that the collapse of the dollar and of the US financial pyramid will cause an outbreak of aggression from the US side, and a regional war with Iran and other countries of the ‘Greater Middle East’ will become a reality. But this all will just boost the Pax Americana collapse...

Viktor BURBAKI | 02.11.2011




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OUR COLUMNIST
    Wayne MADSEN

Libyan BUK Missile Unit May Have Been Used by AQIM to Down Algerian Passenger Plane

After the U.S.-supported ouster of Libyan leader Muammar Qaddafi in 2011, Libyan jihadist rebels swarmed through Libyan army weapons depots and helped themselves to Soviet-made portable shoulder-launched missiles and launchers, BUK missile batteries capable of bringing down aircraft flying over 30,000 feet, and other military equipment, including mortars and rocket-propelled grenades. Some of the Libyan equipment ended up in the hands of Saharan-based insurgent groups such as Al Qaeda in the Maghreb (AQIM) and the Mali-based Ansar Dine. There is a real possibility that anti-aircraft weapons that fell into the hands of U.S.-supported Libyan guerrillas and were subsequently transferred to Saharan-based rebels were used to attack Air Algerie 5017...

26.07.2014
 
 
 
 
 
 
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