Tag: China

Dollar hegemony and the Iran nuclear issue

A useful historical compendium of the last two decades is in the article by Peter Koenig on the Information Clearing House website, reminding how the most crucial moves in Middle East, including the last “wars for democracy”, might be strictly related to another war: the one for dollar supremacy in the world. The conclusions are …

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BRICS and the Fiction of “De-Dollarization”

An interesting essays of Prof. Michael Chossudovsky published on Global Research dismantles the position of “the financial media as well as (of) segments of the alternative media (that) 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” to …

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A US message to China

US diplomatic iceberg spotted near China. Another clue of the warming mood of US-China relationships comes from the last episode (or provocation?) of the B-52 bombers violating the air defense zone of Senkaku/Diaoyu islands. How long will the Chinese power keep calm? Read more from Asian Times.

The birth of the ‘de-Americanized’ world

China has had enough. The Country of Great Wall is working at a “de-Americanized” world. A commentary of Xinhua, a State controlled press agency, explains how and why and launches the idea of Petroyuan. “With its seemingly unrivaled economic and military might, the United States has declared that it has vital national interests to protect …

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Lower estimates of 2013 global oil demand

The estimate of global oil demand has been slithly lowered to 90.7 (mb/d) in 2013, following downward revisions to the International Monetary Fund’s forecast of economic activity, the IEA said in its February Oil Market Report. Crude oil futures breached nine-month highs in early February, propelled by stronger economic signals from China and the United …

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Italy: funding

SMEs operating in agriculture, agro-food, fishery and aquaculture sectors can apply for funding from the ‘Fondo di investimento nel capitale di rischio delle imprese agricole e alimentari’. The application should be sent to: Ismea Investimenti per lo Sviluppo srl, Via Lancisi 29. 00161 Roma. Complete information here. Italy’s Ministry of Foreign Affairs opens the call …

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China’s new cut to rare earth export quota

USA is looking at building a trade case on the restrictions at WTO, accusing China of market manipulation with its 72% cut of export quota of rare earth elements. China currently dominates the market of rare earth elements with 95% of global production, and its move is seen as particularly dangerous for the ICT and …

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