Arden Gifford MD AA, HOW
Sent: Saturday, July 11, 2015 6:09 PM
Subject: US Dollar and Bretton Woods Are Finished: BRICSA/SCO in UFA Silk World Order
The US Dollar And Bretton Woods Are Finished: The BRICS/SCO Summits In Ufa Mark The Start Of A “Silk World Order”
Saturday, July 11, 2015 0:56
Global Research, July 10, 2015
Strategic Culture Foundation 10 July 2015
Get
ready for ground shattering geopolitical changes. At the crossroads of
Asia and Europe, it has been decided that the Russian city of Ufa will
be the point of convergence for all the initiatives and projects of the
Silk World Order of trade and integration that China and Russia are
spearheading. Ufa, which is the capital of Russia’s Bashkortostan,
is being used to simultaneously host an extraordinary summit for both
the BRICS—which has increasing become an alternative forum to that of
the G7—and the Shanghai Cooperation Organization (SCO) respectively from
July 8 to 9 and from July 9 to 10, 2015.
The Coming Together of Eurasia and Beyond
The
joint BRICS and SCO summit in Ufa has been organized by Moscow as the
simultaneous holder of both the rotating chairmanships of the BRICS and
the SCO. It is no coincidence, however, that the Seventh BRICS and Fifteenth SCO summits have been amalgamated as one large international summit. The Kremlin has used the opportunity to bring Russia’s partners together. This is part of the integration process of the Silk World Order. There will be joint BRICS and SCO sessions and many important exchanges and discussions about a new archetype for the world.
One
informal session at Ufa will not only include all the members of the
BRICS and the SCO, but will also include all the members of the Eurasian
Economic Union (EEU), according
to information disclosed by Russian President Putin’s aide Yury Ushakov
to the Russia media days before the summit in Ufa. Aside from Brazil
and South Africa, since all the members of the BRICS and the SCO are
located in Eurasia, the Kremlin saw it as pertinent that the EEU be
involved in some type of discussion about the development of the
Eurasian space. In essence this means that Armenia will be attending the
joint BRICS and SCO summit in Bashkortostan, since all the other
members of the Eurasian Economic Space are either full SCO members or,
in the case of Belarus, an SCO dialogue partner. According to the
Mercator Institute for China Studies (MERICS) in Berlin, which asserts
that the BRICS-SCO-EEU talks are
«a sign that Russia is aiming for political block-building,» the
Republic of Azerbaijan and Turkmenistan will also take part in informal
meeting of the BRICS, SCO, and EEU. [1]
The
Eurasian and global convergences in Ufa are clear. Using the links that
already exist between the two, China’s New Silk Road and the
Russian-led Eurasian Economic Union will begin a roadmap to fuse
together in Bashkortostan as the pivotal axis of rotation in the
Eurasian space. This is a continuation of the high-level discussions
that were announced by both Chinese President Xi Jinping and Putin on May 8 on the Xi Jinping’s arrival to Moscow, ahead of the Victory Day celebrations on May 9, 2015.
After
failed attempts at different venues, Indian Prime Minister Narendra
Modi and Iranian President Hassan Rohani will finally meet in Ufa. India
and Iran are rekindling their strategic bonds that had been neglected
by the government of Modi’s predecessor, Prime Minister Manmohan Singh.
The use of the Iranian port Chabahar by India for gaining access to
Russia and Central Asia through the North-South Corridor will definitely
be discussed by Indian and Iranian officials at Ufa.
The Coming Silk World Order Being Unveiled in Ufa
While
the New Silk Road and the EEC come together in Ufa, the BRICS will put
together a development map while the SCO will outline its expansion
plans for new full members. The applications of India, Iran, and
Pakistan for full membership will be addressed. Moreover, Egypt and
several other countries have applied to join the SCO in come context.
Ufa
is being used to stamp out a roadmap for the «Eurasian Century» and a
Silk World Order that goes beyond Eurasia, which includes everything
from a transcontinental mega railroad network connecting the Iberian
Peninsula to the South China Sea and to what has been dubbed as the
«modern city of the Eurasian continent» in Belarus.
The US is clearly worried about the Silk World Order that is emerging.
It has begun to pull out all the stops, from courting Brazil on the eve
of the summit in Ufa to calls for the European Union to not join
China’s banking project. The Pentagon’s 2015 Military Strategy that
addresses the possibility of confrontation with an updated «Axis of
Evil» composed of China, Russia, Iran, and North Korea is catered to
Washington’s proclivity to confront the countries that are challenging a
US-dominated international order.
While
Washington and NATO are making a general call to arms, the Chinese are
busy building trade infrastructure and transport networks. In Belarus,
the Chinese are building the first «modern city of the Eurasian
continent» in the forests next to the Minsk National Airport as part of
what Bloomberg calls «a manufacturing
springboard between the European Union and Russia.» [2] Upon
completion, the new export-oriented city in Belarus, which is being
built on the route of the European highway that links Berlin, Warsaw,
Minsk, and Moscow, will be the largest manufacturing and industrial park
in Europe.
The US Dollar and Bretton Woods are Finished
The
Silk World Order that is being shaped in Ufa will see the existing
Bretton Woods financial architecture of the world unraveled and replaced
by one that is no longer dominated by the trilateral grouping of the
United States, Western Europe, and Japan. The monopoly of the World Bank
and the International Monetary Fund, which has benefited Washington, is
at its end. The US dollar as a currency in bilateral and multilateral
trade is being scraped by the BRICS, SCO, and EEU— Washington’s flooding
of oil markets was partially aimed at derailing this by forcing renewed
dependence on the US dollar for energy trade.
The
BRICS New Development Bank (NDB), the first institution of the BRICS,
is being launched by Brazil, China, India, Russia, and South Africa. It
is joined by the SCO Development Bank and by the recently launched Asian
Infrastructure Investment Bank (AIIB) in the assault on Bretton Woods.
Gone
are the days of unchallenged US domination. The architecture of the
post-Second World War or post-1945 global order is now in its death bed
and finished. With or without Washington, a Silk World is emerging and
its coming is being trumpeted from Ufa as the SCO strengthens and the
BRICS institutionalizes itself as the cornerstone of a new multi-polar
world order.
NOTES
[1] Gabriel DomÃnguez, «What to expect from the SCO, BRICS summits in Russia,» Deutsche Welle, July 6, 2015.
[2] Aliaksandr Kudrytski, «China Builds EU Beachhead With $5 Billion City in Belarus,» Bloomberg, May 26, 2013.
This article was originally published by the Strategic Culture Foundation on July 10, 2015.
Copyright © Mahdi Darius Nazemroaya, Strategic Culture Foundation, 2015
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