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 Niamh Harris (see all)
- Russia Blocks Israeli Airstrikes In Syria - September 21, 2019
- Transgender Group Advises Teachers That Puberty Blockers Should Be Given To Kids As Young As 12 - September 17, 2019
- Netanyahu Threatens To Start Another War On Gaza - September 13, 2019