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๐Ÿ‡น๐Ÿ‡ท๐Ÿ‡ฎ๐Ÿ‡ฑ Turkish President Erdogan and Israeli PM-elect Netanyahu said they will establish a new era of relations during yesterday phone call.

The two leaders decided to take steps to strengthen economic cooperation and political ties!

The world is changing fast.

https://www.haaretz.com/israel-news/2022-11-17/ty-article/netanyahu-erdogan-speak-for-the-first-time-in-9-years/00000184-8585-d07a-adac-cdb57afd0000
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๐Ÿ‡ฌ๐Ÿ‡ท Yesterday approx. 50000 people participated in the annual march in Athens devoted to the events of 14-17 Nov. 1973.

This year more people than usual attented due to geopolitical situation.

Requests for removal of all foreign interference & NATO military bases, better living conditions are repeated every year.

Yesterday students also protested a new government policy allowing police squads within universities.

Back in 1973 in Athens the uprising ended in a massacre.

The uprising started on 14 Nov.1973, at the Law School against the military junta, led by US-backed dictator G.Papadopoulos.

Protests escalated in the Athens Polytechnic University by thousands of students & workers.

The university radio broadcast:
โ€œBread, education, freedom. Down with junta, USA out, down with fascism".

Police responded with pure terror, firing bullets, sending tanks, killing 56, injuring hundreds. After the massacre 2,500 people were arrested.

This was the decisive event that led to the breakdown of dictatorship.
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๐Ÿ‡ท๐Ÿ‡บ๐Ÿ‡ฆ๐Ÿ‡ฟ Putin and Azerbaijani President Aliyev discussed trade, economic and energy cooperation between Russia and Azerbaijan.

https://www.azernews.az/nation/202379.html
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๐Ÿ‡จ๐Ÿ‡ณ Xi Jinping: "The 21st century is the century of the Asia-Pacific region. The Asia-Pacific region accounts for a third of the world's population, more than 60% of the world economy and almost half of all trade. This is the most dynamic growth area of โ€‹โ€‹the world economy"
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India has successfully launched the first privately owned space rocket, Skyroot Aerospace's Vikram-S, a single-stage suborbital launch vehicle.

Vikram-S is a single stage fuel rocket meant to test most systems and processes in Skyroot Aerospaceโ€™s project ahead of the launch of Vikram-1 scheduled for next year.

The launch today is also a sub-orbital one, meaning the vehicle will reach outer space, it will not remain in orbit around the Earth.

https://indianexpress.com/article/technology/science/isro-vikram-s-rocket-launch-live-updates-8275214/
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โ˜•๏ธ Morning coffee session

Today's quiz is the following:

On a TV show you have 3 doors.
Behind one of the three there is an expensive car. Behind the other two there are goats.

You initially choose door 1.
Then the TV presenter of the show opens door 3 and reveals a goat behind it.
He gives you a choice. To remain with your initial selection (door 1) or to switch your selection to door 2.

What should you do in order to have better chances to win the car?

We will publish the answer tonight.
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๐Ÿ‡ท๐Ÿ‡บ๐Ÿค๐Ÿ‡จ๐Ÿ‡ณ

Russia and China are switching to payments in national currencies for the supply of energy resources. At the same time, payment for Russian gas is already being made on a parity basis in rubles and yuan, Deputy Prime Minister Alexander Novak said.

https://marketnews.com/russia-and-china-pursuing-energy-trade-in-national-currencies
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๐ŸŽค Walk & explain

The multipollar world and the decline of dollar. True or myth? part 1

Since the emergence of the US as the worldโ€™s superpower almost 60 years ago, the discourse on its imminent hegemonic decline has been ongoing for quite some time.
However till recently it did not correspond to any realistic forecast.

The rapid economic growth of China & other emerging powers, traditionally named as countries from Global South, has lately fuelled discussion about the receding power of American hegemony.

Some even argue that the days of American global dominance could be nearly over, and the most promising candidate to replace it is China.

Till now dollar has dominated the world. It derives its amazing power as it is considered a reserve currency. This leads people to stock dollars in all downturns; even when US economy is in turmoil.

China, Russia, India started the discussions & the declarations for a multipolar world & new world order in beginning 2022. It all seemed nothing but absurd vague words.
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๐ŸŽค Walk & explain

Multipollar world. True or myth part 2

In May there were some news of Russians agreeing with Saudis for petroleum exchanges in national currencies. This has been an ongoing theoretic discussion though and is not really a fact yet.

If Saudis were ever to do such a step, practically it would be the beginning of the end for the "petrodollar".

It would cause tectonic disruptions & could lead to new military conflicts in Middle East.

So today's news coming from China are of the upmost importance. It is a game changer.

It is the author's opinion that actually this is the real game among super-powers & not the territorial claims in Ukraine or in Taiwan.

One thing is for sure; despite Biden's undoubtfull experience in foreign policy his current physical condition is not allowing US to gain allies or trust.

On the contrary countries of the Collective East & Global South start aligning with each other.

More than 12 countries want to join BRICS and many more are part of the SCO alliance.
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๐ŸŽค Walk & explain

Multipollar world part 3

This is a huge shift in world governance. China & India do not only represent 3/8 of the world global population like few years ago.

They now represent two of the world's strongest economies with significant military capabilities. As well as a 3 bln people market!

The US unless we ender into a despicable nuclear war scenario (god forbid!) will remain one of the world's main actors for many decades. Such a superpower will not collapse from one day to the other.

The future of EU however seems not bright at all. Stagnated economies, absence of political leadership, lack of military indepedence (EU is fully depedent on NATO due to lack of European army), minimal own energy & mineral resources, "dancing" inflation and most importantly saturated markets are the concrete signs of a declining EU.

If we add the disastrous rejection of cheap energy resources and commodities decided by EU leaders in 2022 the projection for EU finance outlook is pretty questionable.
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๐ŸŽค Walk & explain

Multipollar world part 4 (last)

There is still time for EU to save itself.

Assuming that relationships with RF are already beyond the point of repair, the bridges with China have not collapsed yet.

Europeans should not allow Ursula and her likes in Brussels to target China and go down a similar path of sanctions like they did with RF.

By targetting RF half western EU (Germany, France) entered a harmful deindustrialization process.
If EU will finally obey USA instructions & impose sanctions to China, this will be the end for previously prosperous Western Europe.

This time EU citizens should react before and not after the fact. Unless Ursula or Borell convince them that Xi Jinping will make a move towards the Eiffel tower any day now ๐Ÿ˜...

In US things are more simple. No matter which is the leading party (democrats or republicans) the "deep state" power needs to be limited. A new USA government needs to build global relationships based on trust, not on blackmails or military strength.
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