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Pakistani army: 6 soldiers and 7 militants killed in clash near the Afghan border
Israeli media: Sirens sound in the settlement of Kerem Shalom in the Gaza envelope area
Afghan source to Al Mayadeen: We still believe in dialogue and prioritize diplomatic solutions with Pakistan; though we are ready for all possibilities.
Afghan source to Al Mayadeen: Pakistan purposely obstructed negotiations in Turkey by making unrealistic demands.
Al Mayadeen's correspondent: More than 70 martyrs in Israeli attacks on Gaza since dawn.
Death toll from latest Israeli strikes on Gaza rises to 30
Al Mayadeen's correspondent: Five killed in the Israeli bombing of a civilian vehicle on Al-Qassam Street in Khan Younis, south of the Gaza Strip
Hamas confirms that it has no connection to the shooting incident in Rafah and affirms its commitment to the ceasefire agreement
Al Mayadeen's correspondent: Two civilians were killed and four others, including a child and an infant, were injured in an Israeli bombing of a house belonging to the Al-Banna family in the al-Sabra neighborhood, south of Gaza City
Al Mayadeen's correspondent: An Israeli airstrike targets the vicinity of Al-Shifa Medical Complex, west of Gaza City

Formation of new, fairer, democratic IR system underway: Putin

  • By Al Mayadeen English
  • Source: Agencies
  • 27 Nov 2023 12:33
  • 1 Shares
3 Min Read

In a publication by the Kremlin, Putin highlights the uselessness of the model of globalization set by Western governments to serve their own interest, and adds that it is in "deep crisis".

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  • Russian President Vladimir Putin chairs a Security Council meeting in Moscow, Russia, Friday, Nov. 24, 2023. (AP)
    Russian President Vladimir Putin chairs a Security Council meeting in Moscow, Russia, Friday, Nov. 24, 2023  (AP)

Russian President Vladimir Putin said on Monday that a "new, fairer, and more democratic system of international relations meeting the needs of the world majority is emerging."

In a publication by the Kremlin, Putin highlights the uselessness of the model of globalization set by Western governments to serve their own interest, and adds that it is in "deep crisis".

Consequently, Putin said that "a certain group of countries, accustomed to dominating the world, stop at nothing to maintain their waning influence, practicing outright blackmail and forceful pressure, replacing the system of international law with a certain "rules-based order". 

A new world order: Economic ramifications

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FSB arrests suspected Kiev collaborator in Stavropol bomb plot

Despite the West's heavy sanctioning of Russia and the conflict in Ukraine, Russia has had the ability to maintain the stability of its economy, underscoring its capacity to adjust and adapt to various external pressures, particularly exhibited in trade growth, budget surplus expectations, and effective management of economic resources.

Russian Prime Minister Mikhail Mishustin provided an economic update that estimated a 2% growth this year, showcasing that it has outperformed the German economy, as Germany spent over 102.7 billion dollars in support of Ukraine, reporting that "the Ukraine war and the associated explosion in energy prices cost Germany almost 2.5 percent, or 100 billion euros in economic output in 2022," with costs continuing to accumulate in the coming years.

Read more: Germany: Imports from Russia increased by 32.6% in 2022

China and Russia as peacekeepers 

Lithuanian and Finnish ministers have foreseen the tilting of the global power towards Russia and China for their support of the Palestinian people as the genocide unfolds and intensifies with each Israeli attack. 

According to The Wall Street Journal, the current Israeli bombardment of Gaza enables Moscow and Beijing to stand in solidarity with Palestine and take advantage of the US distraction and involvement in the ongoing aggression on Gaza. 

Antoine Bondaz, a China expert at the Foundation for Strategic Research in Paris, expressed that Beijing will keep its interest in mind, and with what is occurring in Palestine, the US will inevitably look like a key player in the instability; something that will bolster China’s image as a peacekeeper.

Read more: China calls for UNSC meeting to discuss war on Gaza

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