Beijing calling: Australia & Denmark defy US by applying to join China-led bank

Monday, March 30, 2015
By Paul Martin March 30, 2015 Australia and Denmark, despite previous American objections to the move, say they will join a new Beijing-backed investment bank that some in Washington say could supplant the US-dominated International Monetary Fund. In a testament to China’s growing economic clout on the global stage, western countries are lining up to join... »

China-Led Development Bank Gains Global Support; UK, Switzerland Approved As Founding Members

Saturday, March 28, 2015
By Paul Martin

By Avaneesh Pandey March 28 2015 The U.S. is finding itself increasingly isolated as more of its allies seek to join the China-led Asian Infrastructure Investment Bank (AIIB). A day after Brazil announced it is “very interested” in joining the AIIB, China’s finance ministry reportedly said on Saturday that the U.K. and Switzerland... »

Paul Craig Roberts – The United States Is Broke And Europe Looks To China As Insane U.S. Policymakers Push For War

Saturday, March 28, 2015
By Paul Martin March 28, 2015 With people around the world worried about the escalating conflicts in the Middle East and Ukraine, today former U.S. Treasury official, Dr. Paul Craig Roberts, warned King World News that the United States is broke and Europe is looking to China as insane U.S. policymakers push for war. Eric King:... »

Richard Russell – China, IMF, World Bank, Blood In The Streets And A World In Turmoil

Friday, March 27, 2015
By Paul Martin March 27, 2015 As people continue to digest breaking news from around the world, today the Godfather of newsletter writers, 90-year-old Richard Russell, covers everything from China, the IMF and World Bank, to gold, blood in the streets and a world in turmoil. Richard Russell: “Gold, gold, you are making me old. Today... »

U.S., Chinese governments fight to take over internet, stepping up censorship and government control

Thursday, March 26, 2015
By Paul Martin

by: J. D. Heyes Thursday, March 26, 2015 When it comes to freedom of speech and expression, as an American, one wouldn’t think that the U.S. government and the Chinese government would treat them the same. In the United States, the Constitution – the nation’s founding document – recognizes speech and expression as... »

US Hegemony, Dollar Dominance Are Officially Dead As China Scores Overwhelming Victory In Bank Battle

Wednesday, March 25, 2015
By Paul Martin

by Tyler Durden 03/25/2015 The China-led development bank essentially marks an epochal shift away from traditionally US-dominated multinational institutions like the IMF and the ADB. Meanwhile, it also represents an implicit attempt by the Chinese to usher in a kind of sino-Monroe Doctrine. The more isolated the US becomes as it relates to... »

Did De-Dollarization Just Reach Escape Velocity? China’s New Silk Road & Putin’s Eurasian Trade Network

Wednesday, March 25, 2015
By Paul Martin

by Tyler Durden 03/24/2015 The New Silk Road, actually roads - boosted by a special, multi-billion-dollar Silk Road Fund and the new Asian Infrastructure Investment Bank (AIIB), which, not by accident, has attracted the attention of European investors - symbolizes China’s pivot to an old heartland: Eurasia. Beijing has been quick to dismiss... »

Alasdair Macleod: The New Order Emerges

Tuesday, March 24, 2015
By Paul Martin March 24, 2015 China and Russia have taken the lead in establishing the Asian Infrastructure Investment Bank (AIIB), seen as a rival organisation to the World Bank and the Asian Development Bank, which are dominated by the United States with Europe and Japan. These banks do business at the behest of the old... »

Washington Blinks: Will Seek Partnership With China-Led Development Bank

Monday, March 23, 2015
By Paul Martin

by Tyler Durden 03/22/2015 “The Obama administration, facing defiance by allies that have signed up to support a new Chinese-led infrastructure fund, is proposing the bank work in a partnership with Washington-backed development institutions such as the World Bank.” And with that, one giant shift towards de-dollarization is now in the books. The... »

IMF Chief Lagarde ‘Delighted’ to Work With Beijing’s Development Bank…(Adios, PetroDollar!!)

Sunday, March 22, 2015
By Paul Martin 22.03.2015 At the 2015 China Development Forum, held to discuss China’s leading role in the ‘new normal’ of the world economy, the International Monetary Fund head welcomed the prospect of a development bank based in Beijing. The Managing Director of the International Monetary Fund, Christine Lagarde, told a conference in Beijing on Sunday... »

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