World Affairs – Glimpse of Developments during the week

July 17, 2015

By Padmini Arhant

Iran Nuclear Deal – The significance would be realized upon intentions transforming into actions in lifting sanctions as that affects people of any nation more than their government.

The blockade hurt economy which again impact population  especially the most vulnerable and economically disadvantaged in society.

The deliberate motive to stall economic progress of a nation through sanction is best abandoned not only on humanitarian basis but also from the economic standpoint considering adverse effects on global economy.

UNSC egregious decisions with misuse of veto power and sanctions on selective nations while the real offenders on nuclear proliferation such as P5+1 and allies maintaining status quo is a huge credibility problem confronting the world.

The dissolution of UNSC in possession of veto power could no longer be evaded or dismissed in the twenty first century with changing geopolitical and economic dynamics as well as social cultural environment.

Furthermore UNSC –  the unipolar exclusive club is responsible for human misery worldwide due to imperial aspirations authorizing military interventions and trade embargo on nations regarded P5+1 adversary and slight requirement to respect other nations sovereign rights in the world.

Any objection from UNSC P5+1 members to end hierarchy and accept all nations equal participation would clarify the purpose as polarization for unqualified dominance.

The nuclear pact with Iran would be meaningful upon P5+1 and allies including Israel’s disarmament setting precedence for a nuclear free world.

Meanwhile, the political exchanges on this issue projects a contrived performance to confuse world audience.

Greece – The ruling government capitulation to EU & EZ demand to receive bridge loan €7 billion to Greece banks and a subsequent €86 billion as third bailout to meet debt obligations to major creditors such as ECB and European Stability Mechanism ESM with Germany Bundestag proposals on setting up a trust comprising Greece public assets for privatization i.e. reserving Greece national and private properties as collateral is anything but remedy to Greece economic recovery.

The developments aim to protect predator practice reflective in Germany’s assertive goals and Brussels geopolitical strategy as confirmed by France Prime Minister Manuel Valls in response to opposition to GREXIT.

Any government or leadership myopic view on matter prolonging into major erroneous commitment is not fighting the battle and indeed surrendering weapons to those keen on further assault unlike the premier’s interpretation otherwise. 

On the contrary adopting pragmatic approach preventing the nation and people from endless debt cycle by returning to original currency bolstered with sound financial and economic reforms would be the saving grace. 

In the prevalent supremacy era with increasing ambitions to occupy nations under any pretext ranging from providing security, training foreign nations military and police force to installing Patriot Missile system like Germany did in Turkey in 2012 and the current rescue financial scheme for Greece evolving into seizure of sovereignty prompts citizens alert. 

The organizations and institutions betting on failed policy and flawed strategies to deliver anticipated outcome repeatedly deal with disappointment and calamity of greater magnitude.

The established pattern yet to be recognized counterproductive. 

EU and euro zone survival not possible in retaining Greece or other member states for vested interests with foundation premised on superficial settings contributing to collapse.

Greece and PIGS citizenry waking up to reality and assuming control of their life and livelihood through political and economic freedom not subjugation is the sensible alternative to the crisis.

Peace to all!

Thank you.

Padmini Arhant

 

 

 

 

 

 

Written by Padmini Arhant · Filed Under Featured, World Events | Leave a Comment