The US Dollar Can No Longer Threaten China and Russia

In 2022, the US kicked Russia out of the SWIFT system, causing significant losses for Russian businesses and ordinary citizens. Even Switzerland’s traditionally neutral banks joined this looting. The monopoly over the financial system and global currency once gave the U.S. and EU such capability, but at the 2024 BRICS summit, Western countries permanently lost this advantage.

The US Dollar Can No Longer Threaten China and Russia

Previously:

Russia outlines proposal for BRICS DLT cross border payment system

Full text: Xi Jinping’s speech at the 16th BRICS Summit

Chinese President Xi Jinping on Wednesday called on BRICS countries to work for high quality development of greater BRICS cooperation, in a speech addressing the 16th BRICS Summit.

Full text: Xi Jinping’s speech at the 16th BRICS Summit

Related:

“Friends for Peace” Group on the Ukraine Crisis Set up in the United Nations

Meeting with journalists from BRICS countries • President of Russia

Meeting with journalists from BRICS countries • President of Russia

Vladimir Putin answered questions from the heads of leading BRICS media agencies. The meeting was held ahead of the BRICS summit in Kazan.

The meeting was attended by the heads of media agencies from Brazil, China, Egypt, Ethiopia, India, Saudi Arabia, South Africa, and the UAE. It was moderated by Head of the Rossiya Segodnya Media Group Dmitry Kiselev.

Meeting with journalists from BRICS countries • President of Russia

US professor: I was censored, doxed and fired because of Gaza

A New York city academic explains why despite this setback, he’ll keep advocating for Palestinians and other oppressed people across the world.

US professor: I was censored, doxed and fired because of Gaza

The 4 Key Strengths of China’s Economy — and What They Mean for Multinational Companies

China’s hybrid “state capitalist” system, driven by centralized planning and fierce competition, has led to dominance in critical technological fields and emerging markets. Western multinational corporations are advised to adopt a pragmatic approach to capitalize on four key strengths of China’s economy: its innovation ecosystem, its investment in the Global South, its ultra-competitive markets, and its vast consumer base. Those who fail to engage risk losing global revenue and strategic opportunities.

The 4 Key Strengths of China’s Economy — and What They Mean for Multinational Companies

The 20th CPCCC 3rd Plenum: Meaning for PH

There are two lessons for Filipinos and the Philippines from the Third Plenum of the 20th CPC Central Committee, the first is how serious national econ-political-social is properly done. This includes the requisite political system that guarantees its effectiveness and success.

The 20th CPCCC 3rd Plenum: Meaning for PH

Related:

Communique of the Third Plenary Session of the 20th Central Committee of the Communist Party of China

Kenya: Lives Sacrificed in Western Backed Colour Revolution + More

15-07-2024: The East African nation of Kenya was rocked by deadly protests mainly composed of youth during June, ostensibly in response to the Kenyan parliament’s Finance Bill 2024. By the end of the month around 30 protestors had lost their lives, despite forcing the government to withdraw the Bill, which contained some $2.7 billion in tax hikes.[1] The protests were mainly composed of “Gen Z” youth (those born during the late 90s and early 2000s) which gives the impression of young people fighting for their future. Kenya has a population of some 50 million, with 5 million inhabiting the capital Nairobi, and 4 million in the city of Mombasa on the shores of the Indian Ocean. Those aged between 15 and 29 make up roughly 30% of the population,[2] meaning such protests can draw in larger number than is generally the case in the ageing populations of the West. In the wake of the violence, Uasin Gishu Governor Jonathan Bii urged the Gen Z protestors to give dialogue with President William Ruto a chance. Despite goons and looters infiltrating the protests and causing mayhem, Bii conceded that the protestors have genuine issues that need to be addressed.[3]

Kenya: Lives Sacrificed in Western Backed Colour Revolution

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The Fascist Mimicry of Anti-Imperialism

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