How long will this last? Recent developments certainly aren’t tipping the global balance in favour of the West. On the one hand, it is becoming increasingly apparent that Nato’s strategy in Ukraine isn’t working: not only is Ukraine facing heavy losses, while the West unable to keep up with Ukrainian demands for ammunition and equipment, but the sanctions have hurt Western countries, as well as developing ones. On the other, the financial crisis triggered by the collapse of Silicon Valley Bank is yet another reminder of the intrinsic instability of the West’s hyper-financialised brand of capitalism.

Only last week, America’s global standing took another hit with the signing of a historic agreement between Iran and Saudi Arabia brokered by China (while, it should be noted, the Saudi foreign minister was in Moscow). As part of the deal, Iran has agreed to stop arming Houthis in Yemen, potentially paving the way to a resolution to the nine-year-long Yemeni war. Writing in Newsweek, David H. Rundell, a former chief of mission at the American Embassy in Saudi Arabia explained that the deal will be seen as “a watershed moment for Chinese influence in the Middle East”, while further eroding America’s already poor reputation in the region.

  • CamaradaD@lemmygrad.ml
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    2 years ago

    “On the other, the financial crisis triggered by the collapse of Silicon Valley Bank is yet another reminder of the intrinsic instability of the West’s hyper-financialised brand of capitalism.”

    And I’d like to ask the imbecile who wrote the line: “And, pray tell, my dear propagandist… WHAT KIND OF FUCKING CAPITALISM OTHER THAN HYPER-FINANCIALIZED DOES IT EXIST, YA DUMB FUCK!?”

  • DoghouseCharlie@lemmygrad.ml
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    2 years ago

    What’s going on in Yemen? Is the war ending but in the favor of the Saudis? What’s China’s take on the Houthi and how’s that situation meant to resolve?

    • 陈卫华是我的英雄@lemmygrad.mlOP
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      2 years ago

      IDK. Iran will stop arming them, and the war will thus end. I’m guessing that the Saudi’s will be advantaged, but not completely victorious, as China will demand a negotiated peace. In negotiation, when something is taken, something is given. We can only hope that our plans come to pass quickly.

      Yemen is among the few things geopolitically that’s kind of bothering me now, but we must not lose sight of the bigger picture. They will be completely free someday.

      • DoghouseCharlie@lemmygrad.ml
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        2 years ago

        Yemen and Palestine are the things that bother me. With the Saudis and Israel being trade partners with China I have to wonder how it all goes down even if the US isn’t able to keep propping them up. I guess it’s too idealist to hope for a quick and satisfying victory, seems more like it will be a slow burn to solve complicated negotiations.

        • PolandIsAStateOfMind@lemmygrad.ml
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          2 years ago

          Idk if Israel question even was on the table, but don’t forget it was a deal. If Iran agreed to stop arming Houthis, SA sure did promised something in return. And for sure this was not the only point of that agreement.