Andrew Powell, WND – Genesis Wealth Defense https://genesiswealthdefense.com There's a thin line between ringing alarm bells and fearmongering. Sat, 09 Nov 2024 18:52:30 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://genesiswealthdefense.com/wp-content/uploads/2024/09/cropped-Money-32x32.jpg Andrew Powell, WND – Genesis Wealth Defense https://genesiswealthdefense.com 32 32 237551656 Globalist U.N. Nervously Waiting for Trump’s Return https://genesiswealthdefense.com/globalist-u-n-nervously-waiting-for-trumps-return/ https://genesiswealthdefense.com/globalist-u-n-nervously-waiting-for-trumps-return/#respond Sat, 09 Nov 2024 18:52:30 +0000 https://genesiswealthdefense.com/globalist-u-n-nervously-waiting-for-trumps-return/ (WND)—A new report has detailed how the Globalist-led United Nations has been preparing itself for the eventual return of President-elect Donald Trump to the White House in January, 2025.

According to Reuters, an anonymous senior Asian diplomat told the news outlet there has been some “trepidation” within the 193-member international organization, founded in 1945 in the wake of World War II.

“There is also some hope that a transactional administration will engage the U.N. on some areas even if it were to defund some dossiers. After all, what bigger and better global stage is there than the United Nations?” the anonymous source told Reuters.

The report goes on to note an absence of the U.S. from the U.N. could pave the way for China to have even more influence in global politics. Another top concern is funding may be dramatically cut once Trump takes office again.

In 2018, during Trump’s first term, his administration choked off over $25 million in funding to the U.N, including more than $7 million to cover costs for the U.N. Human Right Council.

U.N. Secretary General Antonio Guterres said in a statement Wednesday he was ready to work with the incoming administration, and congratulated Trump on his win, according to Barron’s.

“Cooperation between the United States and the United Nations is an essential pillar of international relations. … The United Nations stands ready to work constructively with the incoming administration to address the dramatic challenges our world is facing,” Guterres said.

According to Fox News, American taxpayers pay at least one-third of the U.N.’s yearly budget, increasing under President Joe Biden from $11.6 billion in 2020, to $18.1 billion in 2022. The U.S. pays three times as much as Germany, who pays around $6.8 billion a year, while Japan contributes $2.7 billion.

Hugh Dugan, a member of the U.S. delegation to the U.N., told Fox News the U.N. will have to undergo a recalibration, because they haven’t had to be as concerned about accountability during the Biden administration years. Adding to the U.N.’s worries is Trump’s veto power over its next secretary general candidate, with the election being held in 2026.

“They will have to recalibrate now very much again in the Trump administration that will, I believe, be much more attentive, engaged and monitoring of the U.N. … There are teams there that have been sleepwalking the last few years without U.S. pressure on accountability, efficiency and effectiveness,” Dugan said.

Further to that, other Globalist organizations and figureheads, like World Economic Forum’s Yuval Harari, have voiced concerns over a Trump victory. Harari said during an interview with the Global Economic Forum a day before the 2024 presidential election, that a win for Trump would be a “death blow” to the new global order.

“If it happens, it is likely to be the kind of… death blow, to what remains of the global order,” Harari said, adding Trump has often openly said he wants nationalism over globalism.

“Many of these politicians; they present a false dichotomy, a false binary vision of the world, as if you have to choose between patriotism and globalism, between being loyal to your nation, and being loyal to some kind of, I don’t know, global government.”

According to a report from the Wall Street Journal, allied capitals are concerned after Trump made it clear he would not be providing any protection to any delinquent members of NATO.

Because European members have done little to expand their own defense, they are highly dependent on American taxpayer dollars for protection. Bruno Tertrais, deputy director of the Foundation for Strategic Research, a think tank for the French government, told WSJ NATO could end up paralyzed without Trump.

“If this is not the jolt that Europe needed to get its act together, I don’t know what could be one. Absent U.S. leadership, NATO could be paralyzed,” Tertrais said.

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]]> https://genesiswealthdefense.com/globalist-u-n-nervously-waiting-for-trumps-return/feed/ 0 227398 ‘Out There With the Fairies’: Lack of Cooperation Amongst BRICS Members Could Leave It Dead in the Water https://genesiswealthdefense.com/out-there-with-the-fairies-lack-of-cooperation-amongst-brics-members-could-leave-it-dead-in-the-water/ https://genesiswealthdefense.com/out-there-with-the-fairies-lack-of-cooperation-amongst-brics-members-could-leave-it-dead-in-the-water/#respond Thu, 24 Oct 2024 11:00:49 +0000 https://genesiswealthdefense.com/out-there-with-the-fairies-lack-of-cooperation-amongst-brics-members-could-leave-it-dead-in-the-water/ (WND)—A former chief economist with Goldman Sachs has said the possibility of BRICS overtaking the U.S. economy is closer to a fantasy than reality, because two of the main players in the alliance have a tenuous relationship at best.

Economist Jim O’Neil, who first coined the term BRICS in 2001, told Reuters the idea BRICS being a genuine global club is “out there with the fairies” and “not feasible.”

“The idea that the BRICS can be some genuine global economic club, it’s obviously a bit out there with the fairies in the same way that the G7 can be, and it’s very disturbing that they see themselves as some kind of alternative global thing, because it’s obviously not feasible,” O’Neill said.

BRICS was first formed in 2009 in the wake of the 2008 global recession and originally had four member states – Brazil, Russia, India, and China. It has grown substantially over the past 20 years, adding South Africa in 2010, and since then has grown to include Iran, Saudi Arabia, the United Arab Emirates, Ethiopia, and Egypt.

According to O’Neil, BRICS as a group has not achieved much over the past 15 years, and added the alliance is more symbolic than anything.

“It seems to me basically to be a symbolic annual gathering where important emerging countries, particularly noisy ones like Russia, but also China, can basically get together and highlight how good it is to be part of something that doesn’t involve the U.S. and that global governance isn’t good enough,” O’Neil said.

The relationship between China and India – the two economic powerhouses of the group – has been mired with disputes over territory over recent years. O’Neil said he would take the alliance seriously when both countries are actually able to work together effectively.

“I will take the BRICS group seriously when I see signs that the two countries that really matter – China and India – are actually really trying to agree on things, rather than effectively trying to confront each other all the time,” O’Neil said.

Tensions could be beginning to ease between China and India, however, after China’s President Xi Jinping and India’s Prime Minister Narendra Modi came to an agreement over the long-running border disputes on Wednesday.

According to the Associated Press, the two leaders met for the first time in five years and this could spell the end of a four-year standoff between their respective militaries along their shared Himylayan border, which China has laid claim to.

“It’s important for both sides to shoulder our international responsibilities, set an example for boosting the strength and unity of the developing countries, and contribute to promoting multi-polarization and democracy in international relations,” Xi said.

India’s Foreign Secretary Vikram Misri told reporters the pact will have a positive impact on regional and global peace and prosperity. However, he did not detail how exactly the border dispute would be resolved, and if the tens of thousands of troops still stationed there would be pulled back.

“The two leaders affirmed that stable, predictable, and amicable bilateral relations between India and China, as two neighbors and the two largest nations on earth, will have a positive impact on regional and global peace and prosperity,” Misri said.

Russian President Valdimir Putin seemed confident BRICS would continue to expand, and stated on Wednesday there are over 30 countries currently wanting to join BRICS, according to a report from DP International.

“It would undoubtedly be wrong to ignore the unprecedented interest of the countries of the Global South and east in strengthening their contacts with BRICS,” Putin said.

The summit’s agenda is breaking away from Western-led financial institutions, reducing the reliance on the U.S. dollar and the influence of the SWIFT system. Putin reportedly wants stronger financial bonds between the members.

Putin said Wednesday the U.S. dollar is being used as a weapon, adding he does not reject using the dollar but feels forced to look for an alternative, because Russia is not able to work with U.S. dollars.

“The [U.S.] dollar is used as a weapon, it is true and we see that. I think it is a great mistake by those who do it, since the use of the dollar, which is still the most important tool in global finance, and its use as a political tool undermines trust in this currency, thereby reducing its capabilities. We are not the ones who do that. It’s others. We are not rejecting the dollar or fighting against it, but if they don’t let us work with it, what else should we do? We should seek other alternatives and this is exactly what we do,” Putin said.

Ulrich Schmid, professor of Russian studies at the University of St. Gallen in Switzerland, told France 24’s Eve Irvine the West should not overestimate the significance of the BRICS summit because the member states have clashing agendas, making any real progress slow.

“We do have very diverging agendas among the member states. So, for instance, Russia and Iran are extremely interested to create alternative trade platforms, alternative payment systems to evade the heavy sanctions they’re under … At the same time we have other countries who are just in favor of multilateral world orders, such as Brazil or India, and they at the same time want to continue to have very good relations also with Western countries, including the United States,” Schmid said.

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