Tag: BRICS

Newsy News and Views (Türkiye, India, Canada)

Ms. Cat

Newsy News and Views

Just leaving some links and some views

Aljazeera

  • India- Western media coverage is interesting. A clear pleasure in the election outcome is obvious. Advance polls had Modi winning another majority and contrary to those polls his party did not. Personally speaking, I wouldn’t be surprised if some western backed NGO’s tinkered with the election. The west has India on it’s radar for so many reasons. Continuing relations with China and Russia being just two of those reasons. The economy is in good shape. 

Turkey is looking to join the BRICS

Source

They may as well- It’s going to be the go to trading bloc by the looks of things. The EU has been giving Turkey the run around for nearly two decades, so why not.

Turkey would like to join BRICS and this issue will be discussed at the group’s ministerial meeting in Nizhny Novgorod, Turkish Foreign Minister Hakan Fidan said during his visit to China.

“Certainly, we would like to become a member of BRICS. So we’ll see how it goes this year,” the South China Morning Post (SCMP) newspaper quoted him as saying.

According to Fidan, some European countries are against Turkey joining the EU, so the Turkish authorities are considering BRICS as an alternative integration platform. “We cannot ignore the fact that BRICS, as an important cooperation platform, offers some other countries a good alternative,” he said. “We see potential in BRICS,” the top Turkish diplomat added.

According to the SCMP, Fidan also said that he was hoping to attend the group’s foreign ministers’ meeting in Russia. According to the newspaper, “one of the topics on the agenda is expected to be the possibility of Turkey, a NATO ally, joining the BRICS grouping.”

On June 10-11, Nizhny Novgorod will host a meeting of BRICS foreign ministers. According to Russian Deputy Foreign Minister Sergey Ryabkov, the event will be held in an expanded format, including non-member partners.

Turkish President Recep Tayyip Erdogan attended a BRICS summit in 2018. Russian President Vladimir Putin said then that Ankara could join BRICS in 2022. By now Turkey has not taken any steps in this direction.

And the Bank of Canada cut rates .25%

Given the way things look globally, this may be the only rate cut this year? Or maybe one of two? It’s just looking too ugly every where.

The Fascist Mimicry of Anti-Imperialism

Ms. Cat

A little more than a century ago the world’s superpower was the British Empire. Despite being a constitutional monarchy where the aristocracy and monarchy still retained significant power, the British Empire was arguably the birthplace of the industrial revolution and it played a significant role in spreading capitalism around the world through colonialism. From around the 19th century until the early 20th century, many saw the British Empire as quite possibly the most affluent and powerful capitalist-colonial empire in the world. The British Empire as the capitalist-colonial hegemon extracts resources from its colonies, transforms them into commodities, and sells them for a profit that would go into the pockets of capitalists and royal colonizers alike. There were other competing colonizers such as France, The Netherlands, Spain, Portugal, Germany, Japan, and the U.S., but none of them (except the U.S. in the late 20th century) could quite surpass the British Empire. The British Empire was the largest epicenter of world capitalist imperialism and being an anti-imperialist was almost (though not quite) synonymous with being against the British Empire. The geopolitical status of the British Empire is roughly or loosely analogous to the geopolitical status that the U.S. enjoyed since the late 20th century. Both the British Empire and the U.S. enjoy the status of being a hegemonic empire due to their overwhelmingly powerful military (especially their navy) and almost unparalleled economic power.

The Fascist Mimicry of Anti-Imperialism

Venezuela: 5 Strategic Reasons for Nicolás Maduro’s Presidential Candidacy

Ms. Cat

During his second term as the president of the Bolivarian Republic of Venezuela, Nicolás Maduro has achieved fundamental milestones to overcome the crises generated by the far-right opposition and the United States. These achievements have led the country towards political, economic, and social stability. They have strengthened his leadership within Chavismo and have positioned him as the natural candidate to represent the Bolivarian Revolution in the presidential election scheduled for July 28 this year.

Venezuela: 5 Strategic Reasons for Nicolás Maduro’s Presidential Candidacy

PH: Compared To China, US Trade, Investment Offers Laughable + More

Ms. Cat1 Comment

Compared To China, US Trade, Investment Offers Laughable

On the other hand, the BRI (Belt and Road Initiative) donations of China alone that are reality– Chico River Irrigation Pump, Davao Bucana Bridge, Estrella-Pantaleon and Binondo-Intramuros Bridge, the ongoing Kaliwa Dam Project that would provide 600/mld (million liters per day) to drying Metro-Manila and hundreds other projects– already count billions of dollars, not to mention private investments like DITO Telecoms’ $ 3.9 billion investment in our telecom sector.

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China’s economy is still far out growing the U.S. – contrary to Western media “fake news”

Ms. Cat

GDP data for China, the U.S., and the other G7 countries for the year 2023 has now been published. This makes possible an accurate assessment of China’s, the U.S., and major economies performance—both in terms of China’s domestic goals and international comparisons. There are two key reasons this is important.

China’s economy is still far out growing the U.S. – contrary to Western media “fake news”