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Who is Leonid Shebarshin U.S. Using
Anti-Terror War
to Gain World Oil Reserves
- Soviet Intelligence Chief
On the pretext of fighting international terrorism the United States is trying to establish control over the world's richest oil reserves, Leonid Shebarshin, ex-chief of the Soviet Foreign Intelligence Service, who heads the Russian National Economic Security Service consulting company, said in an interview for the Vremya Novostei newspaper.
(MosNews, March, 21, 2005)
You did not notice but the third world war started – it is the fight for dominance in oil and trade
Al-Qaeda understood the new war on oil and trade very late. The traditional terrorism is not going to take them anywhere. They are now planning to attack Middle Eastern oil installations, destabilize Governments in Saudi Arabia and Kuwait, and create insurgency in Iraq. Soon they will realize that they have little power and the world has put them in a corner with little significance any further.
    The third world war is being fought on oil and trade. China, Russia and India understand now the oil game. Brazil and China both are focusing on Venezuelan oil. American are securing Middle Eastern oil supply and ensuring on their traditional oil infrastructure. But the coming fight for oil and trade will be fierce as India and China becomes more oil hungry. (By Balaji Reddy, India Daily, Jan. 10, 2005)
HOTLINEChina, US Discuss
Setting Up Defense Hotline

Chinese Defense Ministry and its US counterpart rounded off their first special policy dialogue here Tuesday with both voicing their satisfactions, a sign of warming ties between two militaries of the two countries.
The two-day closed-door talk covered a wide range of issues, including the Taiwan issue, maritime military security and exchange programs in 2005, said a Chinese military spokesman Tu Qiming, who is in charge of the American and Oceanian affairs in the Foreign Affairs Office (FAO) under the Chinese Defense Ministry. (Spacedaily, Feb 01, 2005)
Brazilian Military Team
Attends Russian Space Launch

Military experts from Brazil visited the Russian launch site at Baikonur and witnessed the launch of a space cargo rocket as part of plans by the two countries to develop cooperation in the manufacture and launch of space vehicles, ITAR-TASS news agency reported. (AFP, Mar 2, 2005)
 PDF file Dreaming with BRICs:
The Path to 2050

Over the next 50 years, Brazil, Russia, India and China — the BRICs economies — could become a much larger force in the world economy... If things go right, in less than 40 years, the BRICs economies together could be larger than the G6 in US dollar terms. By 2025 they could account for over half the size of the G6. Of the current G6, only the US and Japan may be among the six largest economies in US dollar terms in 2050. (The Economist, Jan. 30, 2005) by Dominic Wilson, Roopa Purushothaman, Goldman Sachs Global Economics Paper No.99,
October 2003.

Watch Out for the BRICs
Will Brazil, Russia, India, China Be Superpower?
Economic might and military power therefore go hand in hand, and a tilting of the balance will, sooner or later, lead to a shift in the relative influence of nations. Seen in that light, you will be interested in a new study by a team of economists and planners at Goldman Sachs, called "Dreaming with BRICs: The Path to 2050." The BRICs — a new acronym in world affairs jargon — refers to Brazil, Russia, India, and China. They are large in territory and resources, they are populous, and, says the Goldman Sachs team, they are on their way up economically.
The Seoul Times (Jan. 31, 2005)
Putin leads BRIC alliance and plays
oil trump card -- some Russian Yukos
oil assets for China and India
Russian President Putin has nationalized the Yukos oil company – the largest oil producer of Russia. It is evident that the West and BRIC will confront each other during the next ten years on energy. As Russia is pushed back by the Western nations especially America, Putin leads the BRIC alliance and plays the oil trump card. All said and done, the world is already fighting a cold war on crude oil. As China, India and Brazil, their oil appetite will make them glued to Russia and each other. Venezuela well influenced by Brazil will provide additional oil assets to BRIC.
(India Daily, Jan. 4, 2005)
Venezuelan Oil war between China and the West
– Chavez gives China free access to oil resources
(India Daily, Dec. 29, 2004)
Europe's dilemma – has to choose between America and China (or BRIC in the long term)
There are economic reasons behind it. After all China and India will be the primary economic forces in the next thirty years. Add to that Brazil and Russia, you have a solid math game for making decisions. Chinese currently want European and American know how on advanced arms. EU recently leaned towards lifting the arm embargo that can help China receive the badly needed high tech arms know-how. This is obviously not acceptable to America. Pentagon came out and challenged this decision to help China in high tech arms.
In the long run, the BRIC nations (Brazil, Russia, China and India) will form a block and deal with Europe as a group. America has to be concerned about the arms technology getting passed on to BRIC alliance. For now the problem is smaller, how to satisfy the economic giant China while not creating any further problems with America. The Pentagon is increasing pressure on European allies over weapons sales to China, warning that lifting the European Union arms embargo on Beijing could lead to a curtailment of military technology.
(By Kanan Kranti, India Daily, Dec. 25, 2004)
President of Peru to sign military
cooperation agreement with Russia

RIA Novosti (Dec. 22, 2004)
Moscow Looks At The World
Putin's visit to Brazil had more to do with his ambition to restore Russia's status in the global arena than with just boosting trade.
(Analysis by Victor Yasmann RFE/RL, Dec. 14, 2004)
China, Latin America:
Boosting economic ties

(Monday Morning, Lebanon, Dec 2, 2004)
Spain would help pushforward the relations between China and Latin American countries
Xinhua (Nov. 29, 2004)
China's Encroachment
on America's Backyard

Asia Media, Nov. 26, 2004
China's increasing influence
in the Latin-America
  (Nov. 25, 2004)
President Hu Jintao's visit to Brazil, Argentina, Chile and Cuba was of great importance, which is also the first state visit to the four Latin American countries by the new top leader of the Chinese Government. It marks a new milestone in the history of China-Latin America friendship. The visit yielded plentiful and substantial fruits in the exchanges in various fields such as politics, economy, culture, education, and technology. In total 39 documents for cooperation were signed.  PR China Ministry of Foreign Affairs, Press conference
It's the Crude, Dude:
War, Big Oil, and
the Fight for the Planet

Webcast of the 27 October 2004 book by Linda McQuaig launch in Vancouver
Michael Moore rakes America's corporate villains over the coals. Noam Chomsky flays the United States for the hypocrisy of its global adventurism. Now comes Linda McQuaig, whose incendiary new book tells us how the world's most powerful industry and history's most lethal army are having their way with the planet. (RT: 70 minutes approx. in segments)
The BRICs Are Coming--Fast
A Goldman economist talks about
rapid growth in Brazil, Russia, India, and China
The main requirements are sound macroeconomic policies, reasonably open trade and domestic policies, relatively stable political systems, and political transitions that don't disrupt the growth process. If you compare the growth tracks that we're predicting [for the BRICs] to the growth Asia's "tiger" economies have achieved, we're not asking for them to be miracle economies.
(Business Week, Oct. 27, 2003)
Bric by bric --
How the world will change
Dreaming With Bric's: 'The Path to 2050' is the title of an excellent economic research paper released by Goldman Sachs in the first week of October. The study cross checks the results in three different ways, and even applies the same methodology to data beginning in 1960, to test how economic projections made then would have compared with subsequent reality over the 1960-2000 period... All the checks seem to conform with the broad results. (Rediff, Oct. 16, 2003)
Economic Agenda: Get ready –
the BRICs are rebuilding the world
Based on the projected patterns for growth, incomes, currency movements, and population, even by 2025 — little more than two decades away — the BRICs could account for half the size of the G6, compared with just 15 per cent now. Over five decades, two-thirds of the estimated increase in the BRICs’ GDP comes from higher real growth, with one third flowing from an eventual threefold rise in the four nations’ real exchange rates reflecting their emergence as big economic players.
Even the US is set to be overhauled by China by 2040. Britain’s economy is set to become smaller than China’s within just a few years. India will be a bigger economic power than Italy by 2015, and bigger than Japan by around 2030. By the same year, Russia is set to overtake Germany, and Brazil will outstrip France. (Gary Duncan, The Times, Oct. 6, 2003)

Latest News Global Economy
Latest News

  (Fiscal Study)

 Watch videoChina's Emergence and Its Impact
on the Global Economy
(IMF, Apr. 14, 2004)

 Watch videoWorld Economic Outlook
(IMF Press Conference, Apr. 14, 2004)

in fokusVenezuela and
BRIC Alliance

Iran is about to join the coalition
Chavez seeks
Iran economic ties

The presidents of two leading oil producing nations, Iran and Venezuela, are due to meet to discuss closer economic co-operation. Hugo Chavez and Mohammad Khatami are expected to sign a number of energy deals during President Khatami's three-day visit to Caracas. (BBC, Mar 10, 2005)
The footprint of Russia and China on South America has begun. On November 10, Russia took the lead role in coalition with China, India and Brazil to challenge the super-power supremacy of the US. Brazil and Venezuela are very open to the coalition concept where these large countries support each other in terms of trade, economics, international politics and defense. This coalition is composed of 75% of the world's population and 80% of its natural resources. Iran is about to join the coalition due to their US$200 billion energy deal with China. (VHeadline News, Dec. 30, 2004)
China's CNPC, Iran's NISOC
mull oil cooperation

Senior directors of Chinese National Petroleum Company (CNPC) and the National Iranian South Oil Company (NISOC) discussed cooperation in oil projects. The Chinese delegation is visiting south oil regions within frame of agreements reached between Iranian minister of petroleum and high-ranking Chinese officials. During the meeting, Nosratollah Espiari, managing director of NISOC, noted that there are cooperation grounds between the two companies. Xu Dakum referred to activities of CNPC in such countries as Kazakhstan, Sudan, Libya, Venezuela and Pakistan and noted that the company is operating 1,000 drilling rigs. (, Mar. 11, 2005)
Venezuela seeking industrial ties with Iran
A Venezuelan delegation headed by Popular Economy Minister Elias Jaua visited several industrial units in Khorasan Razavi province. (, Dec. 23, 2004)
Henry Kissinger meets Putin in Moscow
to present Bush's demands and expectations

Russian President Vladimir Putin held a one-on-one meeting with former Secretary of State Henry Kissinger in Moscow today. According to international think tanks and strategic analysts as well as sources from Russian Government, Kissinger has been sent by U.S. President George W. Bush to feel out the Kremlin's current plans toward Washington and hand over Bush's demands and "advice" on how the United States wants Russia to behave on the eve of the Putin-Bush summit in Slovakia on Feb. 24. The US Government does not confirm the information.
Recently Russia and America has moved away from each other as allies. As Americans have interfered with the former Soviet republics like Georgia and Ukraine, Russia has also established relationships with China and Venezuela. Putin has also provided the leadership in bringing the BRIC (Brazil, Russia, India and China) alliance together. Russian relations with Iran and Syria are also matter of serious concern for Washington.
Russia is selling nuclear reactors to Iran and lots of arms to oil rich Venezuela against America’s desire. Bush Administration was also concerned about the way Russia nationalized the Yukos and banned all foreign companies from developing natural resources in the Russian territory.
Kissinger’s visit may mark as the last ditch effort to avoid a renewed cold war between Russia and America. Putin’s reaction, sources indicate was indifferent. Russia strongly believes like other BRIC nations that Russia can be a friend to the US while she pursues her own strategic initiatives and needs. Today’s Russia is different from what the world knew in the days of Borris Yeltsin. The contemporary oil-rich Russia is way more confident than before.
The Iraq war really created the rift and the differences between America and Russia keep growing. Putin is an experienced diplomat specially trained by the Russian intelligence. He plans to maintain diplomatic good will with America while pursuing Russian strategic interests.
George Bush meets Putin on February 24. International think tanks believe that Bsuh and Putin will as usual be friends and have a cordial relationship. But as far as strategic interests are concerned, Russia and America will follow their own path of strategic initiatives, which is giving rise to new arms race and a sort of contemporary version on “Cold War”. (India Daily, Feb. 13, 2005)
Russia and China announce strategic partnership in a bid to counter expanding Western military and fiscal influences
Tang Jiaxuan, a member of China's State Council, said Russia and China have similar positions on regional and global issues. Tang said Moscow is Beijing's key ally in its effort to maintain a strategic partnership. Sources say, Russia and China have formally joined hands to stop expanding American and European military as well as economic global influences. The strategic partnership can be very significant in providing a combined counter effect to the only Super Power of the world – America.
The partnership between China and Russia actually started last year just after the start of the Iraq war. The two countries came close to each other in terms of supporting each other. Russia now provides significant amount of China's energy needs. China now provides financial guarantee and loan to Russia without announcing the same explicitly. Russian and Chinese military are having secret joint sessions to create the strategy of self defense in case of any invasion from other countries.
(India Daily, Feb. 3, 2005)
India And China: Oil-Patch Partners?
It's one of Asia's most intense rivalries. With their fast-growing economies and soaring demand for energy, both India and China have been desperate to lock in long-term oil supplies in recent years. The oil majors of the two nations have spent billions bidding to invest in oil fields in places as far-flung as Angola, Burma, and Russia. "India and China are competing in the same sandbox. It creates a lot of tension," says Gal Luft, executive director of the Institute for the Analysis of Global Security in Washington. (Business Week, Feb. 7, 2005)
'Time ripe for India-Russia-China cooperation'
'Time ripe for India-Russia-China cooperation': [India News]: New Delhi, Jan 31 : External Affairs Minister K. Natwar Singh Monday renewed his suggestion for "trilateral economic cooperation" between India, Russia and China, saying the industry could give a direction to the concept. "The time has come to consider economic cooperation at a trilateral level, instead of the traditional bilateral level between these countries," he said, inaugurating a seminar here. Noting that he had mooted the concept in October last year, Singh said an upcoming meeting of businessmen from the three countries could provide a "practical dimension to our intentions". (Indo-Asian News Service, Jan. 31, 2005)
India, Russia for 'multi-polar security order'
India and Russia have agreed to work for a "more cooperative, consensual and a multi-polar security order". During their bilateral consultations on strategic stability and disarmament, the two sides affirmed their commitment to further develop and enhance their bilateral strategic partnership. (Indo-Asian News Service, Jan. 29, 2005)
CIA: Brazil To Surpass Europe
 PDF file Mapping the Global Future: Report of the National Intelligence Council's 2020 Project
A 120 page report by the CIA, is predicting the continued stagnation and decline of Europe and Japan, and the growth to prominence of the emerging economies of China, India, and even Brazil.
Brazil Opens Technology Center in Africa
(Brazzil Magazine, Jan. 20, 2005)
The opening of a Brazilian Agricultural Research Corporation (Embrapa) office in Africa is going to expand agricultural cooperation possibilities between Brazil and all the countries on the continent. In the first half of this year, the Embrapa is going to establish an office for technology transfer in the city of Maputo, in Mozambique, and is going to operate on the entire African continent.
Russia, China put off talks on military exercises
Russia and China have put off talks on planned Russian-Chinese military exercises, a Russian Defense Ministry source said on Friday. The talks were due to be held in Moscow on March 1-5 but China asked that they be delayed 'for technical reasons,'" the source told Interfax. The source said the Community 2005 exercises, which were scheduled to be held on the Yellow Sea coast in China in August and September 2005, might be postponed. (Interfax, Mar 4 2005)
China, Russia To Hold First Ever
Joint Military Drill

Chinese Defence Minister Cao Gangchuan (R) inspects one of Russia's military units outside St. Petersburg, 20 December 2003. Cao Gangchuan is on a official visit to Russia to strengthen military cooperation between the two countries, in particular arms procurement. Others in background are unidentified. (AFP photo)
Beijing (AFP) Feb 01, 2005 - Russia and China will conduct their first ever joint military exercises in August or September to better coordinate the fight against terrorism, state media reported Tuesday.
Russian First Deputy Defence Minister Alexander Belousov confirmed the war games during talks in Beijing, the China Daily said.
"We will hold our first joint command staff exercises with the Chinese army in August or September involving various forces to practice issues involving fighting our common enemy - international terrorism," he said.
In December, the Russian news agency Interfax said the exercises would be on Chinese territory and include the army, navy, air force units, and submarines. (AFP/SPACEDAILY, Jan 19, 2005)
America rethinks Iran and Syria adventure as Putin makes Russia and BRIC (Brazil, Russia, India, China) alliance ready for
military confrontation

(India Daily, Jan 19, 2005)
China builds up strategic sea lanes
China is building up military forces and setting up bases along sea lanes from the Middle East to project its power overseas and protect its oil shipments, according to a previously undisclosed internal report prepared for Defense Secretary Donald H. Rumsfeld.
(The Washington Times, Jan. 17, 2005)