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Inter-imperialist rivalry and the specter of de-dollarization: On the decline of the US Dollar since the start of the Ukraine War

A few days ago, a highly interesting article reported on the accelerating trend of decline of the US Dollar as the leading currency.[1] This article is of particular relevance because of the author, Frank Giustra, who is co-chair of the International Crisis Group (ICG) and an ardent defender of an imperialist world order based on US hegemony. The ICG is one of world’s most influential think tanks and is funded by Western governments and billionaires like George Soros.[2]  ....

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Only a strong, united Asean can withstand pressure of US-China great power rivalry

Asean leaders must do more to strengthen the bloc’s unity and counter mutual distrust, such as through trade, education and cultural exchanges. ....

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The Global Game of ChessGo

Great power rivalry in the 21st century: The Ukraine war is a litmus test of Principle over Practicality, with Nato (basically US calling the shots), having a mindset that the principle of sovereignty over-rides everything else. The 20th anniversary of the illegal invasion of Iraq reminded the Rest of the World that Nato does not necessarily follow its own principles ....

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Transcripts for CNN Fareed Zakaria GPS 20240604 14:34:00

War is because yes, he wants to be friends with russia. he wants russia supporting any coming great power rivalry. at the same time, china s trade with the us and the eu and other western powers. it s 10 times as much as that of its trade with russia, even with the increase that we re talking about here, so china is not going to want to smash his own bold that, as the chinese say when it comes to relations with the west, so it s trying to kind of triangulate both sides while not angering either side, and i think so far this balancing act over this first year of the war has worked out relatively well. the question is how long china can continue. on this on this precipice because pressure is growing, and as the war grows, dynamics will change. do you think china imagines a world 5 to 10 years from now when there is a dramatic drop in its economic ties with the west? i think people in beijing are thinking about that at the moment as a possibility at the same time, you know, from my conver ....

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