As the U.S. government goes deeper into debt and loses influence around the world while Beijing rises, even traditional U.S. allies are rushing to join a controversial Communist Chinese-led international bank expected to play a major role in advancing globalization and so-called “global governance.” The Shanghai-based Asian Infrastructure Investment Bank (AIIB) already includes many of the world’s most powerful governments, with its list of prospective founding members growing to almost 50. Some analysts are even claiming a new era of “Pax Sinica” is replacing the supposed U.S.-led world order of past generations.
The Eurozone is not economically or politically tenable in the long run — unless European nations are willing to cede much more sovereignty and truly become a “United States of Europe” — says Andrew Bosomworth, managing director of the Pacific Investment Management Company (PIMCO), the world’s largest bond fund.
After years of both secret and overt war unconstitutionally waged by the Obama administration in Yemen, the strategically important Arab nation is in the process of violently imploding once again — even as the White House applauds its strategy there as a “model.”
For the second time in recent years, a self-styled Yemeni “president” backed by the U.S. government, Abed Rabbo Mansour Hadi, has been forced to flee the country. As the civil war escalates and Shia Houthi rebels gain more territory, an Obama-backed coalition of Sunni Arab rulers led by the Saudi Arabian regime is fighting to keep “President” Hadi in power and crush the Houthi uprising. In typical fashion, intervention by the U.S. government in the country has poured fuel and weapons on the conflict. But despite Obama’s efforts to prop up the Yemeni regime in exile, some analysts say Yemen may be heading toward a break up into smaller states — and that the chaos in that nation could ignite a regional war across the broader Middle East.
Worse than the fact that powerful child molesters were embedded deep within the British government is that they were protected by that government.