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There's more, much more. These four characters - Bersani, Monti, Grillo, Berlusconi - happen to be at the heart of a larger than life Shakespearean tragedy: the political failure of the troika (European Commission, European Central Bank and International Monetary Fund), which translates into the politics of the European Union being smashed to pieces. That's what happens when the EU project was never about a political ''union'' - but essentially about the euro as a common currency. No wonder the most important mechanism of European unification is the European Central Bank. Yet abandon all hope of European politicians asking their disgruntled citizens about a real European union. Does anybody still want it? And exactly under what format?

All hell is breaking loose in the EU. Le Monde insists Europe is not in agony. Oh yes, it is; in a coma. And yet Brussels (the bureaucrat-infested European Commission) and Berlin (the German government) simply don't care about a Plan B; it's austerity or bust. Predictably, Dutch Finance Minister Jeroen Dijsselbloem - the new head of the spectacularly non-transparent political committee that runs the euro - said that what Monti was doing (and was roundly rejected by Italians) is ''crucial for the entire eurozone''.

The verdict is of an Italy ''in the hands of polit-clowns that may shatter the euro or force the country to exit''. Even the liberal-progressive Der Tagesspiegel in Berlin defines Italy as ''a danger to Europe''

And that brings us once again to Henry Kissinger, the putative dalang — puppet master — of Trump’s foreign policy. As leaked late last year in Germany’s Bild Zeitung newspaper, Kissinger has drafted a plan to officially recognize Crimea as part of Russia and lift the Obama administration’s economic sanctions.

The plan fits into Kissinger’s overall strategy — call it a traditional British Balance of Power, or Divide and Rule, approach — of breaking up the Eurasian front (Russia-China-Iran) that constitutes the real “threat” to what Mattis defines as the “established world order.” The strategy consists in seducing the alleged weaker top “threat” (Russia) away from the stronger (China), while keeping on antagonizing/harassing the third and weakest pole, Iran. Kissinger is certainly more sophisticated than predictable US Think Tankland in his attempt to dismember the Shanghai Cooperation Organization, one of key nodes of the Russia-China strategic partnership. The SCO has been on the go for a decade and a half now. Iran, an observer, will soon become a full member, as will India and Pakistan; and Turkey — after the failed coup against Erdogan — is being courted by Moscow. German analyst Peter Spengler adds a juicy teaser — if Kissinger’s “Metternichian approach would include some degree of ‘harmonization’ with Russia, how will a Trump presidency then manage to contain the re-engineered ally Germany?” After all, a key priority for sanctions-averse German industrialists is to vastly expand business with Russia.

Kissinger’s strategy essentially tweaks the early 1970s Trilateral Commission, largely advanced by his rival dalang Dr Zbigniew “Grand Chessboard” Brzezinski, according to which geopolitics is to be managed by North America, Western Europe and Japan.

WikiLeaks on Wednesday released a trove of documents detailing previously unknown pro-corporate provisions and updates to the Trade in Services Agreement (TISA), exposing the extent to which the U.S.-driven deal will force signatory nations to privatize public services and deregulate corporations. As the 52 nations involved in TISA comprise a full two-thirds of global GDP, the deal is poised to impact billions of lives around the world. The 18th round of negotiations on TISA resumed Thursday. Released for the very first time on Wednesday was TISA’s annex on “State-Owned Enterprises” (SOEs), which mandates that public services must be treated like private businesses. The documents reveal that the annex was introduced only two days after the U.S. successfully forced through similar text in the Trans-Pacific Partnership (TTP) in October 2015.

Trade expert Jane Kelsey, who teaches law at the University of Auckland, described how the U.S. pushed through such provisions in order to target other nations’ public services—and China’s in particular: When the [TPP] negotiations began in 2010 the U.S. made it clear that it required a chapter on SOEs. The goal was always to create precedent-setting rules that could target China, although the U.S. also had other countries’ SOEs in its sights—the state-managed Vietnamese economy, various countries’ sovereign wealth funds, and once Japan joined, Japan Post’s banking, insurance and delivery services. All the other countries were reluctant to concede the need for such a chapter and the talks went around in circles for several years. Eventually the U.S. had its way. “The U.S. proposal for TISA adopts and adapts key parts of the [TPP] chapter that force majority-owned SOEs to operate like private sector businesses,” Kelsey added. “The most extreme, complicated and potentially unworkable provisions in the [TPP] relating to state support are not included—yet. But there is an extraordinary power for a single TISA party to require the development of those rules if another TISA country, or a country seeking to join TISA, has too many large SOEs.”

Observers have long taken note of the implicitly anti-China stance of the several U.S.-backed pro-corporate “free trade” deals being negotiated now. While TISA is perhaps the least well-known of these agreements, together with the TPP and the TransAtlantic Trade and Investment Pact (TTIP), the deals “form not only a new legal order shaped for transnational corporations, but a new economic ‘grand enclosure,’ which excludes China and all other BRICS countries,” as WikiLeaks founder Julian Assange put it last year. The leaked documents also showed new, multinational-friendly updates to sections of the deal titled “Domestic Regulation,” “Transparency,” and “New Provisions.” The latest versions, argues WikiLeaks, have further advanced towards the ‘deregulation’ objectives of big corporations entering overseas markets. Local regulations like store size restrictions or hours of operations are considered an obstacle to achieve ‘operating efficiencies’ of large-scale retailing, disregarding their public benefit that foster livable neighbors and reasonable hours of work for employees.

Following a 13 year rampage that has reduced large swathes of Central Asia and the Middle East to anarchy and ruin, the US military juggernaut has finally met its match on a small peninsula in southeastern Ukraine that serves as the primary operating base for Russia’s Black Sea Fleet. Crimea is the door through which Washington must pass if it intends to extend its forward-operating bases throughout Eurasia, seize control of vital pipeline corridors and resources, and establish itself as the dominant military/economic power-player in the new century. Unfortunately, for Washington, Moscow has no intention of withdrawing from the Crimea or relinquishing control of its critical military outpost in Sevastopol. That means that the Crimea–which has been invaded by the Cimmerians, Bulgars, Greeks, Scythians, Goths, Huns, Khazars, Ottomans, Turks, Mongols, and Germans–could see another conflagration in the months ahead, perhaps, triggering a Third World War, the collapse of the existing global security structure, and a new world order, albeit quite different from the one imagined by the fantasists at the Council on Foreign Relations and the other far-right think tanks that guide US foreign policy and who are responsible for the present crisis.

How Washington conducts itself in this new conflict will tell us whether the authors of the War on Terror–that public relations hoax that concealed the goals of eviscerated civil liberties and one world government–were really serious about actualizing their NWO vision or if it was merely the collective pipedream of corporate CEOs and bored bankers with too much time on their hands. In the Crimea, the empire faces a real adversary, not a disparate group of Kalashinov-waving jihadis in flip-flops. This is the Russian Army; they know how to defend themselves and they are prepared to do so. That puts the ball in Obama’s court. It’s up to him and his crackpot “Grand Chessboard” advisors to decide how far they want to push this. Do they want to intensify the rhetoric and ratchet up the sanctions until blows are exchanged, or pick up their chips and walk away before things get out of hand? Do they want to risk it all on one daredevil roll of the dice or move on to Plan B? That’s the question. Whatever US policymakers decide, one thing is certain, Moscow is not going to budge. Their back is already against the wall. Besides, they know that a lunatic with a knife is on the loose, and they’re ready to do whatever is required to protect their people. If Washington decides to cross that line and provoke a fight, then there’s going to trouble. It’s as simple as that. Perma-hawk, John McCain thinks that Obama should take off the gloves and show Putin who’s boss. In an interview with TIME magazine McCain said “This is a chess match reminiscent of the Cold War and we need to realize that and act accordingly…We need to take certain measures that would convince Putin that there is a very high cost to actions that he is taking now.” “High cost” says McCain, but high cost for who?

What McCain fails to realize is that this is not Afghanistan and Obama is not in a spitting match with puppet Karzai. Leveling sanctions against Moscow will have significant consequences, the likes of which could cause real harm to US interests. Did we mention that “ExxonMobil’s biggest non-US oil project is a collaboration with Russia’s Rosneft in the Arctic, where it has billions of dollars of investments at stake.” What if Putin decides that it’s no longer in Moscow’s interest to honor contracts that were made with US corporations? What do you think the reaction of shareholders will be to that news? And that’s just one example. There are many more. Any confrontation with Russia will result in asymmetrical attacks on the dollar, the bond market, and oil supplies. Maybe the US could defeat Russian forces in the Crimea. Maybe they could sink the fleet and rout the troops, but there’ll be a heavy price to pay and no one will be happy with the outcome.

Washington, enabled by its compliant but stupid NATO puppets, is pushing the Ukrainian situation closer to war.

Washington understands that economic sanctions are a far less threat to Russia than the loss of its Black Sea naval base. Washington also understands that Putin cannot possibly abandon the millions of Russians in eastern and southern Ukraine to the mercy of the anti-Russian and unelected government imposed by Washington in Kiev. As Washington knows that its threat of sanctions is empty, why did Washington make it? The answer is in order to drive the crisis to war. Washington’s neoconservative nazis have been agitating for war with Russia for a long time. They want to remover one of the three remaining restraints (Russia, China, Iran) on Washington’s world hegemony. Washington wants to break up the BRICS (Brazil, Russia, India, China, South Africa) before these countries form a separate currency bloc and avoid the use of the US dollar. Russia will respond in kind to Washington’s sanctions. European peoples and Western banks and corporations will suffer losses. It would be at least two or three years before Washington has in place means of delivering US natural gas achieved by fracking and contamination of US water supplies to Europe to take the place of Russia’s cutoff of energy to Europe. The Western presstitute media will dramatize the Russian response to sanctions and demonize Russia, while ignoring who started the fight, thereby helping Washington prepare Americans for war. As neither side can afford to lose the war, nuclear weapons will be used. There will be no winners.

The criminally insane government in Washington has pushed the Russian bear into a corner. The bear is not going to surrender.

Last month, while testifying to the Senate Foreign Relations Committee, Wendy Sherman—Undersecretary of State for Political Affairs and the senior U.S. representative in the P5+1 nuclear talks with Iran—said, with reference to Iranians, “We know that deception is part of the DNA.”  This statement goes beyond orientalist stereotyping; it is, in the most literal sense, racist.  And it evidently was not a mere “slip of the tongue”:  a former Obama administration senior official told us that Sherman has used such language before about Iranians. 

Putting aside Sherman’s glaring display of anti-Iranian racism, there was another egregious manifestation of prejudice-cum-lie in her testimony to the Senate Foreign Relations Committee that we want to explore more fully.  It came in a response to a question from Senator Marco Rubio (R-Florida) about whether states have a right to enrich under the Nuclear Non-Proliferation Treaty (NPT).  Here is the relevant passage in Sherman’s reply:  “It has always been the U.S. position that Article IV of the Nuclear Non-Proliferation Treaty does not speak about the right of enrichment at all [and] doesn’t speak to enrichment, period.  It simply says that you have the right to research and development.”  Sherman goes on to acknowledge that “many countries such as Japan and Germany have taken that [uranium enrichment] to be a right.”  But, she says, “the United States does not take that position.  We take the position that we look at each one of these [cases].”  Or, as she put it at the beginning of her response to Sen. Rubio, “It has always been the U.S. position that Article IV of the Nuclear Non-Proliferation Treaty does not speak about the right of enrichment at all” (emphasis added). 

Two points should be made here.  First, the claim that the NPT’s Article IV does not affirm the right of non-nuclear-weapons states to pursue indigenous development of fuel-cycle capabilities, including uranium enrichment, under international safeguards is flat-out false.  Article IV makes a blanket statement that “nothing in this Treaty shall be interpreted as affecting the inalienable right of all the Parties to the Treaty to develop research, production and use of nuclear energy for peaceful purposes without discrimination.”  And it’s not just “countries such as Japan and Germany”—both close U.S. allies—which affirm that this includes the right of non-weapons states to enrich uranium under safeguards.  The BRICS (Brazil, Russia, India, China, and South Africa) countries and the Non-Aligned Movement (whose 120 countries represent a large majority of UN members) have all clearly affirmed the right of non-nuclear-weapons states, including the Islamic Republic of Iran, to pursue indigenous safeguarded enrichment.  In fact, just four countries in the world hold that there is no right to safeguarded enrichment under the NPT:  the United States, Britain, France, and Israel (which isn’t even a NPT signatory).  That’s it.  Moreover, the right to indigenous technological development—including nuclear fuel-cycle capabilities, should a state choose to pursue them—is a sovereign right.  It is not conferred by the NPT; the NPT’s Article IV recognizes states’ “inalienable right” in this regard, while other provisions bind non-weapons states that join the Treaty to exercise this right under international safeguards.       

And here's the spin war verdict: the current Malaysia Airlines tragedy - the second in four months - is "terrorism" perpetrated by "pro-Russian separatists", armed by Russia, and Vladimir Putin is the main culprit. End of story. Anyone who believes otherwise, shut up. Why? Because the CIA said so. Because Hillary "We came, we saw, he died" Clinton said so. Because batshit crazy Samantha "R2P" Power said so - thundering at the UN, everything duly printed by the neo-con infested Washington Post. [1] Because Anglo-American corporate media - from CNN to Fox (who tried to buy Time Warner, which owns CNN) - said so. Because the President of the United States (POTUS) said so. And mostly because Kiev had vociferously said so in the first place.

Right off the bat they were all lined up - the invariably hysterical reams of "experts" of the "US intelligence community" literally foaming at their palatial mouths at "evil" Russia and "evil" Putin; intel "experts" who could not identify a convoy of gleaming white Toyotas crossing the Iraqi desert to take Mosul. And yet they have already sentenced they don't need to look any further, instantly solving the MH17 riddle.

It doesn't matter that President Putin has stressed the MH17 tragedy must be investigated objectively. And "objectively" certainly does not mean that fictional "international community" notion construed by Washington - the usual congregation of pliable vassals/patsies. And what about Carlos?

Power asserted that the most likely culprits behind the downing of MH17 were eastern Ukrainian separatists. Because of the high altitude MH17 was travelling at – approximately 33,000 feet – Power conceded that the weapons separatists have been using to down Ukrainian military aircraft would have been inadequate to down MH17. After claiming separatists had “bragged” about downing the airliner based on information from “social media,” she explained that Russia most likely assisted the separatists in operating the sophisticated anti-air missile systems required to reach MH17′s altitude. Power gives no explanation as to why after multiple successful downings of Ukrainian military aircraft with man-portable air defense systems (MANPADS), Russia and the separatists decided to employ larger, more complex weapon systems that would link any incident directly back to Moscow. Power also failed to explain how in one breath she suggests the separatists shot down MH17, then in the next claimed they did not have the ability to do so, and that Russia instead “assisted.”

Power appears to be suggesting Russia rolled self-propelled anti-air missile systems into Ukrainian territory and assisted separatists in firing at MH17 specifically – since all other incidents of separatists shooting down aircraft involved man-portable systems incapable of hitting MH17.

Strategically, politically, and even tactically, Russia and the separatists gained nothing by employing the larger Buk systems within Ukrainian territory as Power is suggesting. Where the World Sees Tragedy, NATO Sees a “Game Changing” Opportunity  Power’s comments and conclusions were echoes from the halls of the West’s corporate-financier funded policy think-tanks. The Royal United Services Institute (RUSI) in a statement titled, “The Downing of Malaysian Airlines Flight MH17: Russia in the Dock,” provides a self-incriminating indictment as to the motives Kiev and its NATO backers had in carrying out the attack on MH17 and subsequently framing Russia for it. RUSI’s statement claims: A Game Change: Within days, however, the real debate will shift from one about producing the right evidence and culprits, to more about what can be saved from the rapidly-deteriorating relations between Russia and the West.

Russian President Vladimir Putin has said recently that his meeting with Chinese President Xi Jinping earlier this week in Shanghai marked a new stage in Russia-China relations, and that the two countries will roll out all-around cooperation. China and Russia signed a $400 billion (237.1 billion pounds) gas supply deal on Wednesday, securing the world’s top energy user a major source of cleaner fuel and opening up a new market for Moscow as it risks losing European customers over the Ukraine crisis. Furthermore, the two countries began joint military exercises in the East China Sea in a clear show of strength against Japan, a western ally. The Chinese President has also openly demonstrated his desire to create a counter-alliance to the U.S. Speaking on May 20 President Xi Jinping called for the creation of a new Asian structure for security cooperation based on a regional group that includes Russia and Iran and excludes the United States. Clearly pointing a finger at the United States he called NATO an outdated thinking of the Cold War. According to him, “We cannot just have security for one or a few countries while leaving the rest insecure”. In his speech Mr. Xi Jinping offered an alternative vision for the region based on an all-inclusive regional security framework rather than individual alliances with external actors like the United States. China’s proposal to push forward with the ambitious Free Trade Area of the Asia Pacific met an especially chilly reception from the U.S., which is focused on a 12-country trade agreement known as the Trans-Pacific Partnership, which excludes China.

Russia has adopted an updated version of its military doctrine, which reflects the emergence of new threats against its national security. NATO military buildup and American Prompt Global Strike concept are listed among them. The new doctrine was approved on Friday by President Vladimir Putin. Its core remains unchanged from the previous version. The Russian military remains a defensive tool which the country pledges to use only as a last resort. Also unchanged are the principles of the use of nuclear weapons which Russia adheres to. Their primary goal is to deter potential enemies from attacking Russia, but it would use them to protect itself from a military attack – either nuclear or conventional – threatening its existence.

The new sections of the doctrine outline the threat Russia sees in NATO’s expansion and military buildup and the fact that the alliance is taking upon itself “global functions realized with violation of international law.” The doctrine lists among major foreign military threats “the creation and deployment of global strategic antiballistic missile systems that undermines the established global stability and balance of power in nuclear missile capabilities, the implementation of the ‘prompt strike’ concept, intent to deploy weapons in space and deployment of strategic conventional precision weapons.”

The document also points to the threat of destabilization countries bordering Russia or its allies and deployment of foreign troops such nations as a threat to national security.

MOSCOW, August 27 (RIA Novosti) - The Russian oil company Gazprom Neft has agreed to export 80,000 tons of oil from Novoportovskoye field in the Arctic; it will accept payment in rubles, and will also deliver oil via the Eastern Siberia-Pacific Ocean pipeline (ESPO), accepting payment in Chinese yuan for the transfers, the Russian business daily Kommersant reported Wednesday. The Russian government and several of the country’s largest exporters have widely discussed the possibility of accepting payments in rubles for oil exports. Last week, Russia began to ship oil from the Novoportovskoye field to Europe by sea. Two oil tankers are expected to arrive in Europe in September. According to Kommersant, the payment for these shipments will be received in rubles.

Gazprom Neft will not only accept payments in rubles; subsequent transfers via the ESPO may be paid for in yuan, the newspaper reported. According to the newspaper, the change in currency was made because of the Western sanctions against Russia.

Gazprom Neft gained control over the Novoportovskoye field in 2012. The field’s recoverable reserves exceed 230 million tons of oil and 270 billion cubic meters of gas. It is located in the Arctic and is part of the Yamal-Nenets Autonomous District.

U.S. President Barack Obama's war against Russia isn't only causing Russia to cooperate more strongly with the other BRIC countries to break the U.S. dollar's reign as the global reserve currency, but it's also causing Russian President Vladimir Putin's job-approval rating in Russia to soar, and the confidence that the Russian people have in their own Government to soar likewise.

The latest of these signs came on 5 August 2014 in a report from Gallup Analytics (by subscription only) headlined "Russians' Confidence in Many Institutions Reaches All-Time High." Especially sharp has been the rise in "Confidence in national government," which was only 39% in 2013 prior to the overthrow by Obama in February 2014 of Ukraine's government which had been friendly to Russia, but which confidence-level stands now at 64% -- a gain of 64/39 or 1.64 times higher than it was a year ago. Confidence in the military has risen from 65% in 2013 to 78% now. Confidence in the "honesty of elections" has risen from a very low 23% in 2013 to 39% today (which is 39/23 or 1.70 times higher), as increasing numbers of Russians have come to conclude that their political system is producing better results for them than they had expected, perhaps better than in the longer-established "democratic" nations, such as the United States, whose President Barack Obama is far less highly regarded now by Russians, after his overthrowing Ukraine's Government, than he was prior to that. Remarkably, more Russians than ever before, 65%, answer "Yes" when asked "are you satisfied ... with your freedom to choose what you do with your life?" Last year, only 56% did, down 2% from the prior all-time high of 58% in 2006.

A Gallup poll issued on 18 July 2014 headlined "Russian Approval of Putin Soars to Highest Level in Years," and reported that "President Vladimir Putin's popularity in Russia is now at its highest level in years, likely propelled by a groundswell of national pride with the annexation of Crimea in March on the heels of the Sochi Olympic Games in February. The 83% of Russians saying they approve of Putin's leadership in late April/early June ties his previous high rating in 2008 when he left office the first time." Furthermore, "The 29-percentage-point increase in Putin's job approval between 2013 and 2014 suggests he has solidified his previously shaky support base. For the first time since 2008, a majority of Russians (73%) believe their country's leadership is leading them in the right direction." Pointedly, Gallup says: "At the same time that their faith in their own leadership has been renewed, Russians' approval of the leadership of the U.S. and the EU are at all-time lows. The single-digit approval of the leadership of the U.S. and EU at least partly reflects Russians' displeasure with the position each has taken on their country's ongoing involvement in Ukraine and its annexation of Crimea." Moreover, "Despite U.S. and European sanctions earlier this year over Moscow's intervention in Ukraine, more Russians see their economy getting better now than has been the case since 2008."

You don't need to be a neo-Foucault hooked on Orwellian/Panopticon practices to admire the hyper-democratic "ring of steel" crossing average roads, parks and even ringing castle walls to "protect" dozens of NATO heads of state and ministers, 10,000 supporting characters and 2,000 journalists from the real world in Newport, Wales - and beyond. NATO's summit in Wales also provides outgoing secretary-general Anders "Fogh of War" Rasmussen the chance to display his full <a href='http://asianmedia.com/GAAN/www/delivery/ck.php?n=a9473bc7&cb=%n' target='_blank'><img src='http://asianmedia.com/GAAN/www/delivery/avw.php?zoneid=36&cb=%n&n=a9473bc7&ct0=%c' border='0' alt='' ></a> attack dog repertoire. It's as if he's auditioning for a starring role in a remake of Tim Burton's epic Mars Attacks!

Fogh of War is all over the place, talking "pre-positioning of supplies, equipment" - euphemism for weapons; boosting bases and headquarters in host countries; and touting a 10,000-strong, rapid reaction "spearhead" force to respond to Russian "aggression" and deployable in a maximum of five days. Meanwhile, in a bad cop-bad cop routine, outgoing president of the European Commission, outstanding mediocrity Jose Manuel Barroso, leaked that Russian President Vladimir Putin told him over the phone later last week he could take Kiev in a fortnight if he wanted. Well, Putin could. If he wanted. But he doesn't want it. What matters is what he told Rossiya state TV; that Kiev should promote inclusive talks about the future statute of Eastern Ukraine. Once again, the Western spin was that he was advocating the birth of a Novorossiya state. Here, The Saker analyzes in detail the implications of what Russia really wants, and what the Novorossiya forces really want.

NATO somehow is already in Ukraine. A NATO cyber center group has been in Kiev since March, operating in the building of the Council of National Security and Defense. So it is a bunch of NATO bureaucrats who actually determine the news agenda in Ukraine - and the non-stop demonization of all things Russia. Ukraine is all about Germany now. Berlin wants a political solution. Fast. Berlin wants Russian gas flowing via Ukraine again. Fast. Berlin does not want US missile defense in Eastern Europe - no matter what the Baltic states scream. That's why Poroshenko's latest "Invasion! Invasion! Invasion!" craze is nothing but pure desperation by a lowly, bankrupt vassal of the Empire of Chaos. Of course that does not prevent Fogh of War - who got the NATO job because he was an enthusiastic cheerleader of the rape of Iraq - to keep crying "Invasion!" till all Danish retrievers come home.

I have been to China over the years more than a dozen times. I have spoken with people at all levels of policy-making, and one thing I have come to realize is that when Beijing makes a major policy change, they make it carefully and with great deliberation. And when they arrive at a new consensus, they execute it with remarkable effect on all levels. That is the secret to their thirty-year economic miracle. Now China’s top leadership has made such a policy decision. It will transform our world over the next decade. On November 29, 2014, a little-noted but highly significant meeting took place in Beijing as Washington was absorbed with its various attempts to cripple and ultimately destabilize Putin’s Russia. They held what was termed The Central Conference on Work Relating to Foreign Affairs. Xi Jinping, Chinese President and Chairman of the Central Military Commission, delivered what was called “An Important Address” there. Careful reading of the official Foreign Ministry statement on the meeting confirms it was indeed “important.” The central leadership of China has now made official a strategic global shift in geopolitical priorities in Chinese foreign policy. No longer does China regard its relationship with the United Sates or even the EU as of highest priority. Rather they have defined a new grouping of priority countries in their carefully-deliberated geopolitical map. It includes Russia, as well as the entire BRICS rapidly-developing economies; it includes China’s Asian neighbors as well as Africa and other developing countriesFirst appeared: http://journal-neo.org/2015/01/10/china-s-global-political-shift/

Senior cabinet ministers are believed to be divided over whether Australia should sign up to an internationally funded infrastructure development bank that China is set to launch next month.

Australia has been under pressure from the United States not to participate in the new bank. The position of Prime Minister Tony Abbott is unclear on the issue, that could have ramifications for the final days of bedding down the Australia-China free trade agreement which the government wants concluded this year and preferably by the G20 leaders meeting in Brisbane next month. The Chinese plan is being viewed internationally in the wider geopolitical context of Chinese-US competition in the region. The Americans, who see the bank as potentially a way of China increasing its clout with countries in southeast Asia, have been strongly lobbying Australia to keep out of it. The issue is to come before cabinet imminently, as China plans to announce the bank at the APEC summit, which will be held in Beijing in November. Hockey will be in Beijing next week for the APEC finance ministers meeting, where the bank will be a topic of discussion.