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.
BYPASS THE CENSORS
Sign up to get unfiltered news delivered straight to your inbox.
Read More: China Steps In as World’s New Bank
Writer at News Punch
Latest posts by Niamh Harris (see all)
- Development & Sale Of Gene-Edited Food Now Legal in England - March 27, 2023
- Putin Says He Believes US Intelligence Destroyed Nord Stream Pipelines - March 27, 2023
- John Kerry Says There Are More Climate Mandates Coming - March 27, 2023