studies

Major publisher retracts 43 scientific papers amid wider fake peer-review scandal

A major publisher of scholarly medical and science articles has retracted 43 papers because of “fabricated” peer reviews amid signs of a broader fake peer review racket affecting many more publications. The publisher is BioMed Central, based in the United Kingdom, which puts out 277 peer-reviewed journals. A partial list of the retracted articles suggests most of them were written by scholars at …

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China’s Bank & Waning USA Hegemony, by Jack Rasmus

Two events occurred last week that mark a further phase in the waning of US global economic hegemony: China introduced its own Economic Development Bank, the ‘Asian Infrastructure Investment Bank’ (AIIB); the IMF simultaneously announced it will decide in May to include the Chinese currency as a global reserve-trading currency alongside the dollar, pound, and euro—an almost certainly ‘done deal’ as well.

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Russia to join China-backed development bank: official

Russia is to sign up to the Chinese-led development bank AIIB, first deputy prime minister Igor Shuvalov said Saturday at an international forum in China, cited by Russian news agencies. “I’d like to inform you that Russian President Vladimir Putin has taken the decision that Russia will participate in the capital of the Asian Infrastructure Investment Bank (AIIB),” Shuvalov said …

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US risks epic blunder by treating China as an economic enemy

The United States has handled its economic diplomacy with shocking myopia. The US Treasury’s attempt to cripple the Asian Infrastructure Investment Bank (AIIB) before it gets off the ground is clearly intended to head off China’s ascendancy as a rival financial superpower, whatever the faux-pieties from Washington about standards of “governance”. Such a policy is misguided at every level, evidence …

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Economic Update – 03.29.15

Updates on Trans-Pacific Partnership secrets, the Heinz-Kraft merger, the overly costly, underperforming US medical care system, fines for Graco selling faulty child car-seats, China’s real-estate bubble, and estate tax repeal by Republican House. Response to listener on property: private versus public. Major discussion of how system change happened in the past and and how in capitalism today.

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America’s Post World War II Global Dominance Has Just Ended

On March 22nd, I headlined “Why the Western Alliance Is Ending,” and I listed the recent events which indicate that the Western Alliance doesn’t have much longer to go. And, now, it has actually already ended. The handwriting is on the wall, for everyone to see; it’s so out-in-the-open, as of today. Here is what has just happened (as reported in German Economic …

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Washington Misses Bigger Picture of New Chinese Bank

Bibi Netanyahu’s election, persistent violence through much of the Middle East and North Africa, and intensified efforts to forge a nuclear deal between the P5+1 and Iran topped the news here in Washington this week. But a much bigger story in terms of the future order of global politics was taking place in Europe and Beijing. The story was simply …

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The US Is Juggling Chaos And Coordination In Order To Contain China

It’s no secret by now that the US is dead set on containing China, yet it’s shying away from engaging in a direct confrontation with it. Instead, the US is managing a dual policy of creating chaos along China’s western and southwest reaches, while coordinating a containment alliance along its southeastern and northeastern periphery. Central Asia, northeast India, and Myanmar represent …

America’s European “Allies” Desert Obama, Join China-led Infrastructure Bank

It appears the sea of de-dollarization has reached the shores of Europe. With Australia and UK having already moved in the direction of joining the China-led AIIB, The FT reports that France, Germany, and Italy have now all agreed to join the development bank as ‘pivot to Asia’ appears to be Plan B for Europe. As Greg Sheridan previously noted, “the saga of the China Bank …

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The Politics of Extinction

Maybe baby steps will help, but the world needs a lot more than either the United States or China is offering to combat the illegal traffic in wildlife, a nearly $20-billion-a-year business that adds up to a global war against nature. As the headlines tell us, the trade has pushed various rhinoceros species to the point of extinction and motivated poachers to …