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Page added on July 26, 2015
Modern-Day Geopolitics: Bloc-ing The World
The new millennium has witnessed many developments in geopolitics – from the introduction of a unified currency (euro) in the Eurozone to the formation of the New Development Bank (NDB) by the BRICS nations (Brazil, Russia, India, China and South Africa). Things have been in a churn, with a once bipolar world turning uni-polar and then moving towards multi-polarity.
Among the prominent world bodies, the G20 – which consists of both the developed and large developing economies and the European Union (EU) – is the largest in terms of its share of global GDP, population and trade. Surprisingly, the G7 – a group of seven advanced economies – has not done as well. However, the Organisation for Economic Co-operation and Development (OECD) – an international economic organisation of 34 countries that was founded in 1961 to stimulate economic progress and world trade – and BRICS have slowly emerged as important players in the changing global geopolitical scenario.
Based on the actual Human Development Index (HDI) ranking of countries with same HDI score, the World Bank (WB) and the United Nations Development Programme (UNDP) have prepared a report, highlighting the impact of the five blocs on the global geopolitics.
As per the report, the BRICS nations are gearing up for playing an important role in global geopolitics. BRICS – which acquired new security and economic dimensions at its 7th Summit in the Russian city of Ufa in the first week of this month – is slowly gaining ground in all over the world, but much greater efforts and concrete policies are still needed if the bloc is to challenge the Western influence in different parts of the globe.
In an article published recently in Sputnik, American-German economic researcher and historian F William Engdahl stated that “the old Western world order might soon be consigned into oblivion, as BRICS – comprising two permanent UNSC members, four state actors with nuclear weapons and a population of three billion – is pushing the world toward the new multi-polar dimension”.
The BRICS has also started making serious efforts to combat terrorism in the region and dealing with the security problems of its member states, in addition to its gradual economic expansion. The five developing economies have also made a crucial move by highlighting the importance of reaffirming the UN Charter and condemning unilateral military intervention in Ukraine in an attempt to throw a strong challenge to the West and the US.
The BRICS nations have further challenged the Western financial system by floating a new USD 100 billion bank – ‘New Development Bank’ (NDB) – in Shanghai on July 21. In an interview with Iran’s Press TV, Professor of Binary Economics in London Rodney Shakespeare said: “Of course, when we look at BRICS and what they represent in terms of world’s population, it was necessary for this bank to form mainly because you have the corrupt WB which is Washington-based. The WB has come out looking so bad in terms of how it has represented different countries, especially the African continent?”
Professor Shakespeare, who considers the launch of NDB as a huge financial development, believes that the bank will have massive implications for Iran, which is worried about the nuclear agreement right now. “If the bank stands on its own feet, it will be concerned with infrastructure. But it is part of a bigger development, which is going to parallel the Western financial system. You are only too aware that Iran is being subject to unfair financial sanctions and so Russians indeed, and that can happen because America and Zionism control the financial system. But the BRICS bank is part of what is going to be a competing system,” he added.
According to Professor Shakespeare, even if the five member-states refrain from running and administering the NDB, the bank can compete with the two global lenders – the World Bank and the International Monetary Fund. As a result, the West can no longer put on unfair sanctions, especially financial ones, in the coming days, said the professor.
7 Comments on "Modern-Day Geopolitics: Bloc-ing The World"
Makati1 on Sun, 26th Jul 2015 7:29 am
Western ‘sanctions’, as effective weapons, are about over and already are being ignored by most countries. Western financial terrorism is about to meet it’s match. But you will read little about it in Western sources.
Apneaman on Sun, 26th Jul 2015 12:03 pm
Long before 50 years comes around geopolitics will be finished as the infrastructure of nation states is torn apart or rendered useless by storm surge inundation. Infrastructure at or near sea level: Ports, Air ports, Desalination plants, Power plants (nuke , coal, gas), fossil fuel infrastructure, and major areas of low lying crop land. Local politics will be all that matters and basic survival if your lucky. In the mean time, those of you that are awake and aware keep well away (in the real world) from the majority who are obsessively screaming over barrel counts, religions, economic fantasies and every other temporary abstract ape construct.
Nonlinear: New York, London, Shanghai underwater in 50 years?
“Those under the impression that climate change is advancing at a constant and predictable rate don’t understand the true dynamics of the issue. The rate of increase of the carbon dioxide concentration in the atmosphere, the main driver of climate change, went from 0.75 parts per million (ppm) per year in 1959 to about 1.5 ppm each year through the 1990s, to 2.1 ppm each year from 2002 to 2012, and finally to 2.9 ppm in 2013.
The fear is that the ability of the oceans and plants to continue to absorb half the carbon dioxide human civilization expels into the atmosphere each year may have become impaired. That means more carbon dioxide is remaining in the atmosphere where concentrations are building at the fastest rate ever recorded in the modern era.”
http://resourceinsights.blogspot.ca/2015/07/nonlinear-new-york-london-shanghai.html
penury on Sun, 26th Jul 2015 1:05 pm
This appears to me to be another case of setting up teams, Apparently there must be3 a Bloc of Nations which have our worst interest at heart, They can be different religions, speak funny languages, use different money or just do not believe that our creator is better than their creator. Sort of like school where you got on a team or joined a gang and you felt fulfilled. But, this time the outcome is the survival of the Human species and we still put our own individual interests above those of survival of the current world flora and/or fauna.
Apneaman on Sun, 26th Jul 2015 5:04 pm
How’s that ignoring climate change working out for y’alls precious economies? The masters of the universe don’t have a fucking clue on how to respond other than more false promises. Like yeast in the sugar, continuing to eat till it’s gone is all they got. This is the height of human progress. This is all we got. The pace keeps picking up and I can’t even keep up anymore. There are too many stories, every single day, to read them all.
Hot, dry and disastrous: Western Canada’s drought is taking a toll
Record temperatures and scant rain are wreaking havoc on everything from farms and wildfires to fisheries and jobs
http://www.edmontonjournal.com/disastrous+Western+Canada+drought+taking+toll/11240817/story.html
Olive oil prices surge due to drought and disease in Spain and Italy
Producers say this year’s harvests are worst they have seen, as consumer demand begins to outstrip supply
http://www.theguardian.com/environment/2015/jul/24/olive-oil-prices-surge-drought-disease-spain-italy?CMP=ema_565
Drought invades Charlotte region
Charlotte has had 36 days this year at 90 degrees or more
Voluntary water restrictions are in place
If drought worsens, mandatory restrictions to come
http://www.charlotteobserver.com/news/local/article28671448.html
Shocking oil spill scenes from Siberia: but is there a way to a cleaner future? [Pictures]
http://siberiantimes.com/ecology/casestudy/features/f0133-shocking-oil-spill-scenes-from-siberia-but-is-there-a-way-to-a-cleaner-future/
Makati1 on Sun, 26th Jul 2015 7:43 pm
The race is on. Will we destroy ourselves with nukes or by destroying our life support system called ‘nature’? I think the finish line is fast approaching.
Davy on Mon, 27th Jul 2015 7:28 am
Chinese Stocks Suffer Second Biggest Crash In History, 1,500 Companies Halted Limit Down
http://www.zerohedge.com/news/2015-07-27/chinese-stocks-suffer-second-biggest-crash-history-1500-companies-halted-limit-down
This was not supposed to happen.
After pledging, investing and otherwise guaranteeing the Chinese stock market to the tune of 10% of GDP, and intervening on at least 40 different occasions in the past month ever since China’s stock bubble burst in late June, with the subsequent crash nearly taking the Shanghai Composite red for the year, overnight China officially lost control for the second time, when after a weak start to the Monday trading session, things turned very ugly in the last hour, when the Shanghai Composite plunged by 8.48%, closing nearly at the lows, and tumbling some 345 points for its biggest one-day drop since February 2007 and its second biggest crash in history!
Need I say more Makster about your bric hegemony? China is really the only power among the brics with the rest basket case laggards. How the hell do you think the mess we call China is going to rule the world Makster?
Davy on Mon, 27th Jul 2015 7:28 am
Chinese Stocks Suffer Second Biggest Crash In History, 1,500 Companies Halted Limit Down
http://www.zerohedge.com/news/2015-07-27/chinese-stocks-suffer-second-biggest-crash-history-1500-companies-halted-limit-down
This was not supposed to happen.
After pledging, investing and otherwise guaranteeing the Chinese stock market to the tune of 10% of GDP, and intervening on at least 40 different occasions in the past month ever since China’s stock bubble burst in late June, with the subsequent crash nearly taking the Shanghai Composite red for the year, overnight China officially lost control for the second time, when after a weak start to the Monday trading session, things turned very ugly in the last hour, when the Shanghai Composite plunged by 8.48%, closing nearly at the lows, and tumbling some 345 points for its biggest one-day drop since February 2007 and its second biggest crash in history!
Need I say more Makster about your bric hegemony? China is really the only power among the brics with the rest basket case laggards. How the hell do you think the mess we call China is going to rule the world Makster?