As the geopolitical landscape shifted over the past decade and U.S. influence declines worldwide, Washington cannot continue to mischaracterize all its interventions or involvement in conflicts as defending the “rules-based order,” said an article published by The Nation.
RELATED:
“Washington must accept that friends and allies will often go their own way if their interests are not aligned with America’s on the world stage,” said the article.
Indeed, incentives for breaking from Washington’s “rules” have been made higher than ever by the expansive implementation of extraterritorial sanctions as a central tenet of U.S. statecraft.
Some 40 percent of global oil reserves are under U.S. sanctions, creating enormous pressure on oil producers and buyers to shift to non-dollar oil sales.
❌ The #US continues to flagrantly violate #HumanRights within its borders as well as abroad by, for instance, imposing unlawful unilateral sanctions.
❗️The most glaring example is its economic blockade of #Cuba for more than a decade despite numerous UNGA resolutions. pic.twitter.com/ZEbpetELYg
— Russia in South Africa ���� (@EmbassyofRussia)
July 19, 2023
In 2001, the U.S. dollar accounted for 73 percent of global currency reserves, and this year, it is 58 percent, a 15 percentage point reduction. “The problems don’t end with de-dollarization,” The Nation noted.
The “rules-based international order” is in irreversible free fall, it said. Accepting that fact and leading the drive for a new, more inclusive and imaginative, political and economic order is a task the United States could be well positioned to embrace.
The U.S. should advocate for true multilateral burden sharing through existing and new institutions and agreements, and “could stop ‘policing’ the world order as it sees fit, and become a vital participant in convening countries to solve humanity’s most vexing problems,” it added.
#FromTheSouth News Bits | The petition requesting the withdrawal of US troops from Peru was delivered to Congress. pic.twitter.com/JnjamXgssL
— teleSUR English (@telesurenglish)
July 20, 2023