Economics

America’s “New Vision” of Central-Asia: Just Like Old One – Only Meaner

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“A new vision of Central-Asia”, that’s how the Heritage Foundation think tank frames US policy in many CIS nations. However,…

Australia Faces Challenging Times Caused by Deteriorating Relations with China

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A recent article published in Russia Today on 13 October 2020 by Tom Fowdy raised some very important issues affecting Australia’s economic well-being. That economic position is rapidly deteriorating as the country’s crucial economic relationship with China disintegrates at an accelerating rate. Australia’s export structure has had several…

Can Business Prevent US-China Relations from Becoming Fractured?

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The flood of events that has occurred recently affecting the politics of relations between the two leading world powers (the United States and China) cannot bring about anything but a feeling of numbing hopelessness for observers. If it were not for the common sense that raises its head in the economic sphere. Notably (and mainly…

Grosswirtschaftsraum as It Is

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The truth often hurts, especially when it comes from an unexpected source. The reality of the European Union’s perpetual crises is hurting the very people the bloc was created to protect and comfort. Lest we forget why we put governments in place, let me remind every reader that our leadership is supposed to make us happy. The EU simply cannot operate as a democracy. This is the first and foremost…

US Ramps Up its “Battle” for Africa

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Recently, in light of its ongoing confrontation with China, the United States has started seeking opportunities to expand its influence in Africa increasingly more actively. Just as other leading world players, Washington has shown interest in the continent because of its natural resources and strategic location, i.e. the main reasons why the US “battle over Africa” is seemingly…

Depletion of the World Ocean: Is It a Shared Responsibility or Should We Look for Someone to Blame?

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Despite the fact that agriculture has been developed for many thousands of years, humanity is still forced to get some of the food it consumes from the wild. For example, a significant portion of people’s diet worldwide is comprised of fish from oceans and rivers. The chief consumer of fish…

China’s High-Speed Rail Reaches into Southeast Asia

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There is a significant reason why political unrest fueled by US interference is flaring up across Southeast Asia – an attempt at derailing Beijing’s ambitious One Belt, One Road (OBOR) initiative. When completed, it will cement not only China’s regional rise, but permanently replace the United States as Asia’s largest and most influential power…

Towards a New Gold Standard? Or a Currency War with China?

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Rumors have it that the remaining months of 2020 may bring drastic and explosive changes in the world’s financial system. But such “doomsday” rumors have been floating around every beginning of fall during the last few years. Why? – The US dollar is getting weaker and weaker. It is not quite on a free fall, but still remains a major trading currency and a key world reserve…

Australia is Learning the Hard Way the Price of its Adherence to US Foreign Policy

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In his recent article, a Canadian analyst Patrick Armstrong took a detailed look at current United States policy toward its European allies. Although he does not mention Australia once in his article, much of what Mr Armstrong has to say about United States policy toward its European “allies” is of direct relevance to Australia…

Twilight in the Desert for Saudi and MBS?

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It appears as if Saudi de facto ruler, Crown Prince Mohammed bin Salman, is on a mission to destroy the world oil giant by one after the other ill-conceived economic decisions. Now, as MBS orders yet new desperation cuts in Saudi oil prices, his economy is imploding from all sides—from the stupid Vision 2030 plan to even the traditional oil sector, the source…

On the Trade and Military Agreement between Iran and China

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In the last two or three months, leading media around the world have been paying attention to the “imminent” signing of a bilateral document, described as a Trade and Military Partnership, between China and Iran. The New York Times claims to obtain “an 18-page proposed agreement”. This may well be the case, as…

Port of Darwin: Australia’s Relationship between China and the US

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In recent years, Australia has established increasingly close economic relations with China yet, at the same time, it relies on a strategic alliance with the United States being the guarantor of its defense capability. But Australia’s growing dependence on trade with China is having an increasing impact on foreign policy. Canberra…


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