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By Andrew Korybko, August 24, 2018
El
Salvador’s decision to break off ties with Taipei and “defect” to
Beijing obviously had a lot to do with the economic aid that China
promised it, but the People’s Republic is embracing the Central American
nation for strategic reasons that go far beyond the symbolism of
international recognition and include the establishment of an
influential foothold in the US’ “backyard”.
By Prof. Fabio Massimo Parenti, August 24, 2018
Is the Belt and Road initiative
(BRI) a strategic tool of Beijing or a geopolitical lever to confront
the West? Is BRI comparable to the old Marshall Plan, the US-led project
at the beginning of the Cold War to confront the Soviet Union?
By Dr. Jack Rasmus, August 24, 2018
This
month, August 2018, marks the ‘end’ of the 3rd debt bailout of Greece,
2015-18. If one were to believe the European and US press, Greece has
now recovered and emerged from the bailout and its now nearly
decade-long debt crisis, and the depression it created. But that
conclusion couldn’t be further from the truth.
By Ellen Brown, August 24, 2018
Giant Chinese tech companies have bypassed credit cards and banks to create their own low-cost digital payment systems.
The
US credit card system siphons off excessive amounts of money from
merchants, who must raise their prices to cover this charge. In a
typical $100 credit card purchase, only $97.25 goes to the seller. The
rest goes to banks and processors. But who can compete with Visa and
MasterCard?
Additional articles:
By F. William Engdahl and Michael Welch, August 24, 2018
In
the book, Engdahl outlines a weapon of war in the costume of furthering
democratic rights and freedoms. Various case studies include the
break-up of the Soviet Union, the break up of Yugoslavia, and the
attempted overthrow of the Chinese State.
By Catherine Shakdam, August 24, 2018
If
the world has grown accustomed to America’s distaste of Iran on account
of its system of governance and political elite as a negation of its
own political paradigm, it would be wise to reposition Tehran and
Washington’s relations within their rightful context.
Disclaimer: The contents of this article are of sole responsibility of the author(s). The Centre for Research on Globalization will not be responsible for any inaccurate or incorrect statement in this article.
Copyright © Global Research News, Global Research, 2018
Disclaimer: The contents of this article are of sole responsibility of the author(s). The Centre for Research on Globalization will not be responsible for any inaccurate or incorrect statement in this article.
Copyright © Global Research News, Global Research, 2018
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