Archives USA - Page 83 of 113 - New Eastern Outlook

The dominance of the US dollar in the global economy continues to wane quietly but relentlessly as many countries actively seek other currencies. First and foremost, they are the BRICS nations of Russia, China, India, Brazil, and South Africa. Although it appeared to be only a few countries, the total population is over 3.23 billion, accounting for more than 40% of the world’s population.  Between 2000 and 2026, the BRICS population is expected to grow by 625 million people, most of them in India and China.  By 2020, the BRICS countries’ total GDP was 25% of the global (21 trillion dollars), and their share in international trade was about 20% (6.7 trillion dollars)…

“Only if” is the key phrase in what Ukraine is asking for next, in terms of planes, tanks, you name it – in spite of the cruel reality that they are far behind on the “technological treadmill” and technology transfer. The latest hand me down, often obsolete military hardware will not make an “iota of difference” in the final outcome.  They all know this too, the West knows, Defense Contractors know, soldiers on the front know—and the pilots know best of all. It is not only about planes…

As you are aware, current US-Iranian relations have been separated into two phases: collaboration from 1947 to February 1979, before Iran’s Islamic Revolution, and conflict from February 1979 to the present. Following the Islamic Revolution, the overthrow of Reza Shah Pahlavi’s rule and capturing the US Embassy officers in Tehran in 1980, the United States has broken diplomatic relations with Iran. It cannot be said that the main reason for the ongoing confrontation between the United States and Iran is the theocratic regime in Tehran and the lack of democracy in that country. Also, because of regional variances in customs, religious beliefs…