The Bill & Melinda Gates Foundation’s annual live-streamed Goalkeepers2030 event convenes this week as world leaders gather for the 78th UN General Assembly. Pre-event press promises inspirational news for “thinkers and doers” who want to “save” dying mothers and nurture hope for a brighter world.
If past Goalkeepers are a guide, the PR event is likely to generate laudatory press coverage that ignores the global chorus of criticisms about the foundation’s agricultural development work in Africa. Reporters who plan to cover Goalkeepers 2023 should inquire about these recent newsworthy developments.
Continue reading “5 Questions Gates Foundation’s Goalkeepers2030 Should Answer About Agriculture Projects in Africa – Stacy Malkan 9/20/23”
Iran and Saudi Arabia were among six countries invited Thursday to join the BRICS bloc of developing economies in a move that showed signs of strengthening a China-Russia coalition as tensions with the West spiral higher.
The United Arab Emirates, Argentina, Egypt and Ethiopia were also set to enter BRICS from Jan. 1, 2024, joining current members Brazil, Russia, India, China and South Africa to make an 11-nation bloc….
On February 4, 2022, Presidents Xi Jinping and Vladimir Putin unveiled a 5000 word ‘Joint Declaration on the International Relations Entering a New Era and the Global Sustainable Development.’
The words “sustainable development” tied to “international relations” have obviously caused more than a few concerned citizens of western nations to gasp in fear that these two Eurasian powers who are apparently in a conflict with the unipolar death cultists managing the NATO cage, are in reality, simply controlled opposition.
Continue reading “Is the Multipolar Alliance ‘Controlled Opposition’? The Case of Two Green Paradigms – Matthew Ehret 7/29/23”
In the latest shot fired in the growing rebellion against US dollar dominance, the nine-nation Asian Clearing Union (ACU) has agreed to use Iran’s financial messaging system as an alternative to the dollar-denominated SWIFT system that has long served as the globe’s financial nervous system.
Continue reading “Asian Central Banks To Adopt Iran’s SWIFT Alternative As De-Dollarization Accelerates – ZeroHedge 6/14/23”
What is BRICS?
BRICS is an acronym for five regional economies: Brazil, Russia, India, China, and South Africa. The first four were initially grouped as “BRIC” (or “the BRICs”) in 2001 by Goldman Sachs economist Jim O’Neill, who coined the term to describe fast-growing economies that would collectively dominate the global economy by 2050; South Africa was added in 2010….
It is now established that the US dollar’s status as a global reserve currency is eroding. When corporate western media begins to attack the multipolar world’s de-dollarization narrative in earnest, you know the panic in Washington has fully set in.
The numbers: the dollar share of global reserves was 73 percent in 2001, 55 percent in 2021, and 47 percent in 2022. The key takeaway is that last year, the dollar share slid 10 times faster than the average in the past two decades.
Continue reading “De-Dollarization Kicks into High Gear- Pepe Escobar 4/27/23”
The announcement is seen as a decisive step towards de-dolarisation and an effort to safeguard Indian trade from the impact of Russia’s war in Ukraine and its subsequent fallout and sanctions.
India and Malaysia have agreed to settle trade in the Indian rupees, the Ministry of External Affairs announced on on April 1, 2023.
The announcement came in the backdrop of ongoing official efforts to Safeguard Indian trade from the impact of Ukraine crisis. The shift away from The U.S. dollar which has been the dominant reserve currency for international trade so far has added significance as it indicates India is willing to take concrete steps towards de-dollarisation of its international trade.
Continue reading “India, Malaysia Move Beyond Dollar to Settle Trade in INR – The Hindu 4/1/23”
There’s no sign of a slowdown in central bank gold buying.
In February, central bank gold reserves rose by another 52 tons, according to the latest data compiled by the World Gold Council.
It was the 11th straight month of central bank net gold purchases.
Continue reading “Central Bank Gold Buying Shows No Sign of Slowing Down – Schiff Gold 4/4/23”
For decades, the U.S. dollar was the undisputed king of global currencies, but now dramatic changes are happening. China, Russia, India, Brazil, Saudi Arabia and other nations are making really big moves which will enable them to become much less dependent on the U.S. dollar in the years ahead. This is really bad news for us, because having the primary reserve currency of the world has enabled us to enjoy a massively inflated standard of living. Once we lose that status, our lifestyles will be much different than they are today. Unfortunately, most Americans don’t understand any of this. Even though our leaders have treated the stability of our currency with utter contempt in recent years, most Americans just assume that the dollar will always reign supreme. Meanwhile, much of the planet is preparing for a future in which the U.S. dollar will be far less important than it is right now. The following are 7 signs that global de-dollarization has just shifted into overdrive…
Continue reading “Here Are 7 Signs That Global De-Dollarization Has Just Shifted Into Overdrive – Michael Snyder 4/2/23”
Every government policy has consequences – some intended and some unintended.
There is at least one serious unintended consequence of the economic sanctions levied against Russia after its invasion of Ukraine – an erosion of the US dollar dominance.
Reuters reports that recent oil deals between India and Russia have been settled in currencies other than dollars.
Continue reading “India’s Oil Deals With Russia Further Erodes Petrodollar Dominance – SchiffGold 3/8/23”