In the realm of everything geopolitical in consequence, a recent article from an interview with Brazilian President Jair Bolsonaro highlights the globalists’ worst nightmare. And the comments from the WTO reflects the global influence of President Donald J Trump.
Before getting to two key points, rather stunningly delicious points, it’s worth remembering that Brazil is the “B” in the ‘BRICS alliance’. Before U.S. President Donald Trump took center stage in the world of international influence, the former governments of Brazil, Russia, India, China and South Africa (BRICS) had formed a coalition. Each nation represented an enlarged -and growing- regional trade/economic influence.
Shortly after taking office; and with hindsight – prior to the China confrontation; President Trump began a systematic process of challenging various economic influencers. This is the origin of the Trump Doctrine .
By expanding U.S. energy development, strategically engaging with OPEC (Gulf Cooperation Council) States, and simultaneously engaging with Baltic States at the Three Seas Summit in Warsaw Poland, President Trump established the groundwork for downward pressure on oil prices. This comprehensive and geopolitical energy strategy diminished the ability of Russia to maintain a consistent external financial influence.
(Tweet Link) – (Article Link)
Simultaneously, President Trump reset the framework for U.S. relations with India; and, while few were paying attention to the side-bar benefit of Nikki Haley, President Trump engaged with Prime Minister Modi in bilateral discussions of enhanced economic partnership. [See: India Invests $500 Billion in two U.S. Steel Operations]
In addition to India providing strategic benefit for trade market systems and access; an enhanced relationship with India also provides an economic foil against China. [Remember, Chinese President Xi is allied with, and heavily invested in, Pakistan. India’s Prime Minister Modi is allied with, and heavily invested in, Afghanistan.]
♦ Big Picture – With President Trump focused on Main Street USA, the policies to support economic nationalism (Main Street) run in opposition to the multinational interests of global financial elite (Wall Street). The constructs of the World Bank (WB), World Trade Organization (WTO), and the International Monetary Fund (IMF) are necessarily weakened by the rise of President Trump and economic nationalism writ large.
At the same time as President Trump unapologetically confronts these multinational financial institutions, the people of Poland, Hungary, Italy and now Brazil; having felt no benefit from left-wing global policy (economics and immigration); embraced the more visible benefit of a nationalist economic policies and reaffirmed sovereignty.
Back to the BRICS… What we now see is two central regional components of the BRICS alliance, India and now Brazil, allied in economic ideology with President Trump.
In essence: Russia is bleeding financially (oil revenue dependent). China is being weakened during the U.S. -vs- China trade confrontation. And India along with Brazil are joining with the U.S. This fractures the BRICS alliance. [Hell, it just about destroys it.]
That’s the background.
Now, lets take a look at the article from Brazil we cited in the beginning:
France24 – Brazil’s new President Jair Bolsonaro said on Thursday that he would be open to the possibility of the United States operating a military base on his country’s soil, a move that would form a sharp shift in direction for Brazilian foreign policy.
Bolsonaro, who took power on Tuesday, said that Russia’s support of President Nicolas Maduro‘s “dictatorship” in neighboring Venezuela had significantly ramped up tensions in the region and was a worrying development.
Asked by the SBT TV network in an interview taped on Thursday if that meant he would allow U.S. military presence in Brazil, Bolsonaro responded that he would certainly be willing to negotiate that possibility.
“Depending on what happens in the world, who knows if we would not need to discuss that question in the future,” Bolsonaro said. He emphasized that what Brazil seeks is to have “supremacy here in South America.”
But wait, here’s the even bigger part of the story:
[…] Separately, Bolsonaro met with the head of the World Trade Organization, Roberto Azevedo, who said the government’s sharp rebukes of globalism were shared by many other countries and that the trade body was making changes.
On Wednesday, Brazil’s new Foreign Minister Ernesto Araujo said that under his watch the country would fight for change at multilateral institutions like the WTO.
Araujo’s words were not a threat, Azevedo said.
“To the contrary, I think it was very propitious and compatible with what is happening,” he said after meeting Bolsonaro. “The World Trade Organization itself is beginning the process of reforms.” (link)
Mr. Robert Azevedo, the head of the World Trade Organization, is now acquiescing to President Donald J Trump’s position that the era of multilateral, multinational, financial and corporate trade exploitation, ie. “globalism“, is over.
The WTO has agreed to reform in order to survive? …And the WTO is admitting this to nationalist political leaders after their successful elections?….