How China Became a Peacemaker in the Middle East ... |
3-15-23, * -- While ole Joe Biden’s Middle East team was focused on normalizing Saudi-Israeli relations, China delivered the most significant regional development since President Trump’s Abraham Accords: a deal to end seven years of Saudi-Iranian estrangement when a normalization agreement was signed 3/10/23 by Riyadh and Tehran is noteworthy not only because of its potential positive repercussions in the region; but also because of China’s leading role and the United States [USA] absence representing a big win for Beijing. China helped secure the energy supply she needs and burnished its credentials as a trusted broker in the region, something Biden couldn’t do. The two nations affirmed respect for each other’s sovereignty and noninterference in each other’s internal affairs. [..] Saudi Arabia has:
| Washington was left in a worst-of-both-worlds while Beijing has managed to maintain good relations with Russia, Iran, Israel and Saudi Arabia while remaining fully neutral on the squabbles among them. China has no defense pacts with any Middle Eastern power and does not maintain military bases in the region, relying on economic rather than military influence. [..] At the end of the day, if nothing else, instability jeopardizes the flow of oil from the region and adds a hefty risk premium to gas prices. While not exactly worrying about China’s role, the USA should take it as a warning and a lesson. If the USA continues to embroil itself in the conflicts of other nations; she becomes part of the problem rather than the solution ceding the role of peacemaker to China. *Excerpted full original report here https://www.foreignaffairs.com/china-became-peacemaker-middle-east?check_logged_in=1&utm_medium=promo_email&utm_source=lo_flows&utm_campaign=registered_user_welcome&utm_term=email_1&utm_content=20230324 |
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Why the US dollar has become an at-risk currency [HERE]
3-11-23, NYPOST -- While it makes sense to financially cripple our avowed enemies — Russia, China, Iran, North Korea — coalitions are forming around ways to avoid existing sanctions and ... Much of the action involves creating alternatives to the dollar as the world’s default currency. [..] China, for whom supplanting and discrediting the dollar is a key component of its “winning without fighting” campaign known a detailed in the book Unrestricted Warfare. The sanctions push has accelerated China’s quest to defeat the dollar, and many other nations are taking note. While a chorus of experts still insist that there’s no alternative to the dollar, this is untrue. The dollar will dominate as long as it serves the interest of those who use it. Once the dollar begins placing assets at risk, alternative tools of commerce are certain to emerge.
And they already are.
3-11-23, Excerpt* -- Trita Parsi, executive vice president of the Quincy Institute, told Al Jazeera that the US “increasingly has deviated from and pursued policies that simply make it impossible for it to be a credible mediator. Too often the US has taken sides in regional conflicts, becoming co-belligerent which makes it very difficult for the US to play a peacemaking role. China however, did not take sides between Saudi and Iran, has worked very hard to not get dragged into their conflict and as a result, could play a peacemaking role.” China’s breakthrough comes as various US media outlets reported this week that Israel and Iran were edging closer to war. More here from Aljazeera 28 min video here | Iran & Russia pledge to cut US dollar from global trade [here] 7-19-22, GeoPoliticalEconomy -- Russian President Putin visited Iran, signed a $40 billion energy cooperation agreement, pledging to strengthen alliance with China. Putin said: “The US takes advantage of the dollar as an instrument to loot other countries and impose sanctions on them." He stated that this will also be to their disadvantage as it will cause global trust in this currency to be undermined, and it will encourage other countries to use other currencies. “Russia and Iran are devising new methods to use their own national currencies in their relations.” |
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