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…

Russia and China have long been struggling to establish a new world order, an order that will not have the West as its centre and the US dollar as the main currency shaping the global economic system. The new world order will be multipolar. Within this order, it will be possible to trade without USD. But while multipolarity and non-USD currency arrangements indicate some of the key features of the new order – and they are very important – they are not by themselves the mechanisms that could potentially yield a new world order. For a new order to become possible…

The long ago started process of Japan’s return (after its crushing defeat in World War II) to the table of the “Great Global Game” as one of the main players has revealed itself, in particular, in Tokyo’s ever more noticeable activation in Africa. This activation is quite tellingly exemplified by travels by three members of the country’s government, led by the Prime Minister, to various countries of the continent, that has taken place in a successive manner from May to mid-August of this year, that is, within just three months. The word “activation” is not being used randomly here, as various interests of Japan in the affairs of this continent had been noted long before the present “African rush” that has expanded …

Since it’s establishment in 2008, the BRICS forum, in the absence of economic, political or geographical dominance by any of the participating countries, has created comfortable and parity conditions for cooperation between states, steadily deepening it between countries located in different parts of the world on different contingents, in different hemispheres...