Tag: Yuan

The Petrocurrency War

US Secretary of State Hillary Clinton in 2007 had supposedly asked ex-Australian Prime Minister Kevin Rudd “how do you get tough on your banker?” This was over concerns about China’s growing power and hold on US finances and according to Wikileaks Rudd told Clinton to keep force as a last […]

¥uan and Waterloo of Petro$ (II)

Part I The BRICS The BRICS met in 2013 in Durban, South Africa, to, among other steps, create their own credit rating agency, sidelining the “biased agendas” of the Moody’s/Standard & Poor’s variety. They endorsed plans to create a joint foreign exchange reserves pool. Initially it will include US$100 billion. […]

¥uan and Waterloo of Petro$ (I)

Ongoing western sanctions due Ukraine are pushing China and Russia to close cooperation – the great Eurasian axis is already in motion. Despite the headlines in mainstream western media related to civil war in Ukraine the primary war is being fought monetarily. The Russia-China Strategic Partnership (RCSP) is truly global […]

China-US: How to Not Work and Still Eat

Let’s assume that planet Earth’s resources are finite, mining neighboring planets is in the distant—very distant—future and the world’s population is growing at an absurd pace. That means we are facing the problem posed by the famous English preacher, Thomas Malthus. Incidentally, here we should stop and ask ourselves, “Can […]

China and US: a Clash of Interests

Strategic Culture Foundation (Russia) Two events which had been anticipated for quite long took place in the U.S. shortly before the G20 summit in Seoul. On 2 November the Democrats lost control of the House of Representatives, and on 3 November the U.S. Federal Reserve announced that it would pump […]

US Dollar vs. Yuan: Reasons Behind the Conflict

Alexander SALITZKI (Russia) Debates between the US and China over the valuation of the yuan are currently gathering momentum. A new campaign of pressure on Beijing is initiated by the US Congress which proposed a bill authorizing the government to slap duties on China’s imports based on the view that […]