calendar>>November 5. 2009 Juche 98
Rodong Sinmun on U.S. Policy of Hegemony on Verge of Bankruptcy
Pyongyang, November 5 (KCNA) -- The first decade of the second millennium can be described in a word as a period in which the U.S. policy of hegemony, a policy for uni-polar world is going bankrupt and there opened a bright prospect for global independence and a multi-polar world.

Rodong Sinmun Thursday says this in a signed article.

It cites facts that up until the first half of the decade the U.S. got self-conceited and extreme arrogant, styling itself the world's "only superpower" but in its latter half it was compelled to admit that the situation has changed.

When looking back on the last decade, a lot of changes took place in the world balance of forces with the U.S. pullout of the ABM treaty, the war in Iraq and the financial crisis, etc. as major momentums, the article notes, and goes on:

The U.S. policy of uni-polar world and hegemony depending on its strength is on the verge of bankruptcy whereas global independence and multi-polarization are being rapidly accelerated, becoming a main trend of the times.

The EU, Southeast Asia, Africa and Latin America are confidently heading for regional unity and integration. There emerge new regional military and economic organizations excluding the U.S.

The U.S. dollar is pushed aside in the international currency system and various regional bank notes and currencies make their appearances, exercising influence.

There emerged a G-20 Summit involving developing countries, increasing the say and position of the developing countries in handling world economic issues.

The U.S. is finding itself in a tighter corner as the days go by, thrown into bottomless pits in Afghanistan and Iraq.

This is evidenced by the U.S. cancellation of its plan to build a missile shield in Eastern Europe and the rebuff and condemnation of the U.S. wrong policy of hegemony, its policy for uni-polar world not only by many countries of the world but by its allies, etc.

As seen above, the hegemonic position of the U.S. as the world's "only superpower" is rapidly sinking whereas the movement for global independence and a multi-polar world has become an irresistible trend of the times.

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