Mark Turner, founder of the Research Journalism Initiative, reported that the siege of Gaza and ensuing military pressure was designed to "eliminate" Hamas as "a viable political entity in Gaza" to generate a "political climate" conducive to a gas deal. "
Now, Gaza, has something more in common than bloodletting with the Ukraine: gas. As Europe is prodded by the US into backing harsh new sanctions on Russia, Germany is already threatened with a potential loss of 25,000 jobs.
Quiet as its kept--and it is being kept quiet--Wall Street is furious over the new BRICS bank initiative to challenge American dominance of the global economy. Could that be related to Obama's is furiously trying to punish Putin? We may never know since no one in the media seems to be investigating.
Meanwhile, The Telegraph is reporting: "The Dollar's 70 year old dominance is coming to an end."
"To understand politics and power it pays to follow the money. And for the past 70 years, the dollar has ruled the roost. This won't change anytime soon. Something just took place, though, which illustrates that dollar reserve currency status won't last forever and could be seriously diluted. Last week, seven decades on from Bretton Woods, the governments of Brazil, Russia, India and China led a conference in the Brazilian city of Fortaleza to mark the establishment of a new development bank that, whatever diplomatic niceties are put on it, is intent on competing with the IMF and World Bank.
America's GDP, incidentally, was $16.8 trillion on World Bank numbers, and China's was $16.2 trillion -- within a whisker of knocking the US off its perch. The balance of global economic power is on a knife-edge. Tomorrow is almost today."
So now, let's add economic suicide to the list of what we have to worry about. Which suicide hotline should we call?
News Dissector Danny Schechter blogs daily at NewsDissector.net and edits Mediachannel.org.
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