Thanks to China, Christine Lagarde of the International Monetary Fund, Jim Yong Kim of the World Bank and Takehiko Nakao of the Asian Development Bank may no longer have much meaningful work to do.
Beijing’s move to bail out Russia, on top of its recent aid for Venezuela and Argentina, signals the death of the post-war Bretton Woods world. It’s also marks the beginning of the end for America’s linchpin role in the global economy and Japan’s influence in Asia.
Read More: China Steps In as World’s New Bank
Latest posts by Carol Adl (see all)
- Queen Reported To Police For Not Wearing Seat Belt - June 23, 2017
- Israel Supporting & Funding Syrian Rebels on Golan Heights Border - June 20, 2017
- US-Led Coalition Downs Syrian Fighter Jet Over Raqqa - June 18, 2017