Posts Tagged ‘BRIC’

News and views from around the web posted to the Wonderland Wire:

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A study confirms Pakistan intelligence is pulling the strings of the primary resistance networks in Afghanistan as an internal Pentagon document states it could be the “Saudi Arabia of lithium”, as a geological survey ‘conservatively’ estimates over $908bn in untapped resources.

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News and views from around the web posted to the Wonderland Wire:

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News and views from around the web posted to the Wonderland Wire:

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A continent whose people have a rich, recent history of being victims of land-grabbing, environmental plundering and vicious union busting is being fought over with ‘soft power’.

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News and views from around the web posted to the Wonderland Wire:

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Russia plus its aid demands a base vital to the U.S. occupation of Afghanistan and imperial mobilization in Central Asia be shut down.

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via the London Telegraph: “The head of China’s central bank has given the strongest signal yet that the country will move away from pegging its currency to the dollar, but he said any changes would be gradual.”

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Tuesday, gold hit $1,199.30/oz. as Japan moves toward metals, away from being a tit of the U.S. The record high of gold’s value displays the record low of the U.S. dollar.

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India’s run on the U.S. dollar to buy 200 tonnes of gold from the 403.3 set to be sold by the International Monetary Fund set the precious metal to an all-time high value of $1,081+, meaning the  inflated dollar has crashed to an all-time low as the U.N. reports a drop in U.S. wages.

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Weeks after Iran officially announced it would replace the U.S. dollar—its value heavily dependent on Middle East oil trading—with euros in its foreign exchange holdings, The Independent Middle East correspondent Robert Fisk’s article, “The Demise of the Dollar,” breaks the story that: “In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia and France to stop using the U.S. currency for oil trading” by 2018. I wrote of the alliance between Brazil, Russia, India and China (BRIC) here in June.

Russia Today (RT) reports on Mr. Fisk’s exclusive (3:25):

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al Jazeera’s “Empire” hosted by Marwan Bishara takes a look at the new political stage in Latin America, reacting to U.S. interventionism on behalf of corporate interests and European colonialist elitism, the differences in the approaches of Bolivarian Socialists — Venezuela, Bolivia, Ecuador — and the ‘Third Way’ Eastern Hemisphere economic alliances of Brazil. In Part One, Mr. Bishara interviews Prof. Noam Chomsky. Part Two is a panel of scholars.

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Obama interviewed about his executive order to police thought-crime; Saudi Arabia grants consent for a pre-emptive strike on Iran to Israel; U.N. envoy calls Free Gaza aid-delivering activists’ kidnapping by Israel ‘criminal’; Iran clerics declare gov’t illegitimate; Glenn Greenwald notes NYT hypocrisy in classifying Iran’s treatment of prisoners as “torture”; China and India protest the U.S. ‘cap-and-trade scheme’; and more… (more…)

Thousands of government stormtroopers confront protesters in Iran; Netanyahu’s Newspeak on “Meet the Press”; Foreign intervention in Lebanon’s recent elections; NAACP rallies for Troy Davis; Maureen Dowd wastes more space in the “paper of record. (more…)

Brazil, India, and China meet in Russia as the four contries begin talks to break away from dollar hegemony — an ambition strongly pursued by Russia lately. (more…)