Dear CCI Readers,
Increasingly, the internet is providing us facts that we seldom get in our mainstream media. The following are the first RT articles I remember sending to our CCI audience. These pieces below are concise and contain the same type of information being covered across the world. It’s time for us to wake up to the new “Multi-polar” world in which we now exist.
Our major parties still haven’t come to terms with this fact. Definitely we were the Unipolar country … from 1945 to the 2000’s. Somewhere between 2010 and today, the situation began changing rapidly. We are now one of the poles but not the only pole. As is being repeated currently in Europe, “There is no one at the head of the table; the table is round.”
Scan the following short articles for evidences of what now exists and will continue as all countries shift to build their trade, policies and currencies accordingly. Hopefully these happenings will do away with notions about creating exotic weaponry and wars to regain the former Unipolar world concept.
Think of the dollars that will be available for education, healthcare, infrastructure and our indigent populations by using money currently being spent on war machinery!!!
Sharon Tennison
Center for Citizen Initiatives
Russia & China’s partnership not only about ‘containing’ American aggression, also vital for creation of multi-polar world order
March 6,2021
By Glenn Diesen
It’s common for Western observers to dismiss the emerging strategic partnership between Russia and China as merely a “marriage of convenience” and a union excessively reliant on shared opposition to US foreign policy ambitions.
Russia and China: Strategic partnership or a marriage of convenience?
Thus, it’s expected that under the surface, centuries of distrust linger, and as China continues to grow, eventually, power rivalry and a “divorce” would follow.
Their common opposition to the US has indeed intensified the partnership, and historical distrust and power asymmetries between Russia and China must be managed. However, Beijing will not replace Washington as the nemesis of Moscow – instead Greater Eurasia is being organised as a multipolar region capable of accommodating Russia.
Russia’s vision of a multipolar order is not possible without a strong China. After the Western support for the 2014 Maidan coup in Ukraine, Russia ended its three-centuries-long Western-centric foreign policy and the post-Cold War ambition to integrate with the West. Russia replaced its ambition for Greater Europe with the Greater Eurasia Initiative that advanced economic integration on the supercontinent. At the centre of the Greater Eurasia Initiative is a strategic partnership with China.
Bye Bye Benjamin! Russia & China speed up de-dollarization process: most trade no longer conducted in greenbacks
July 29, 2020
By Jonny Tickle
After years of talking about abandoning the US dollar, Russia and China are doing it for real. In the first quarter of 2020, the share of the dollar in trade between the countries fell below 50 percent for the first time.
To give an indication of the scale of the adjustment, just four years ago the greenback accounted for over 90 percent of their currency settlements.
According to Moscow daily Izvestia, the share has dropped to 46 percent, tumbling from 75 percent in 2018. The 54 percent of non-dollar trade is made up of Chinese yuan (17 percent), the euro (30 percent), and the Russian ruble (7 percent).
The dollar’s reduced role in international trade can mainly be blamed on the ongoing trade war between the US and China. Relations between the two countries have deteriorated even further in 2020, after US politicians accused Beijing of hiding the severity of Covid-19 and President Donald Trump called disease the “China Virus” and “Kung Flu.”