Archives New World Order - Page 5 of 8 - New Eastern Outlook

The successful movement forward of the main forces in the multipolar world, a de facto split between the West and the Global South, the ineffectiveness of sanctions pressure on truly sovereign countries, a growing push away from key elements of Western dominance and simply a massive global rejection of Western policies proved to be the most significant events of the outgoing year. 2023 is about to end. Although the outgoing year can hardly be called easy, it unconditionally ended in favor of supporters of a multipolar world order, causing irritation among those nostalgic for the bygone unipolar era. Overall, despite the collective West continuing to remain an extremely negative and destabilizing…

As of this writing, US dollar reserves have fallen by 6.5% as foreign central banks cut ties with the currency. The BRICS countries, especially those in the global South, are leading the charge to depart from the decades-long dominance of the American currency. China and Japan’s central bank shares show the most significant rise in central banks. Interestingly, the Euro is just slightly behind in losing a share in the world currency market. If BRICS stops using the USD, there will likely be a financial disaster in the United States, with hyperinflation wreaking havoc across all sectors in the US…

Relations between the two countries have always been friendly and trusting. Their distinctive feature is the absence of unresolved or problematic issues, the determination of the parties to build up multifaceted mutually beneficial cooperation in various areas on the basis of respect, trust and mutual understanding. Russia, just like the Soviet Union before, has never let this great Asian power down and always provided it with the necessary help and due assistance. And India fully reciprocates and considers the Russian direction of its foreign policy as a priority…