Archives South Africa - New Eastern Outlook

For decades, the US dollar has dominated the global trade. This became possible after the establishment of the liberal world order. The US dollar enjoyed unparalleled dominance as the leading reserve currency of the world. The US Federal Reserve holds that 96% of international trade invoicing into the Americas, 74% in the Asia-Pacific region, and 79% in other countries was done in the US dollar…

On January 26, the International Court of Justice proved once again that it is mired in the putrid fermenting swamp of Western corruption, decay and injustice with its pro-Israeli ruling in the legal case South Africa brought against Israel for committing genocide in its attacks on the people of Gaza. The Western commentators, everyone, left or right, to cover up the real meaning of the ruling, to justify it, claimed that Israel had been ordered to stop genocide. The Court did nothing of the kind. It simply reminded Israel to obey the laws of war but refused to grant…

While South Africa’s effort to refer Israel to the International Court of Justice (ICJ) for the latter’s possible contravention of the Genocide Convention is commendable, it may not lead to the desired relief. The ICJ concluded hearings for the genocide case, and as the world awaits the ruling, it is crucial to bear in mind that the court and its underlying system are unlikely to deliver Justice to Gazans. Restraining optimism in the process is crucial not only in preventing disappointment, but also in reserving mental energy to seek practical alternatives for sustainable peace…