Tuesday, January 12, 2010

Empire reloaded

By Pepe Escobar from Asia Times website.
The idea of "full spectrum dominance" is about threatening to cut energy flows not only to China but even to the European Union (EU) or anyone for that matter who crosses Washington's policy makers. And it's as much about Saudi Arabia as about China. As Saudi oil exports also have to negotiate the Bab el-Mandab, US "interest" in Yemen means a graphic warning to the House of Saud: don't even think of trading oil in euros or in a basket of currencies including the Chinese yuan.