Economics

Demise Of The Petrodollar Has The Potential T...

5645234243In the early 1970s President Richard Nixon instigated two changes that had profound effects. The first of these was taking United States off the gold standard; i.e. henceforth US dollars would no longer be convertible to Gold. Ordinarily this might have…

The Huge Implications of Russia’s Northern Se...

65344334In terms of dealing with some of the world’s harshest weather conditions no country comes close compared with Russia. Now Russia has made it a highest priority to develop a Northern Sea Route along the Russian Arctic coast to enable LNG and container freight shipments…

Russia China Build Up A New Economic Geograph...

T465345353On November 8 Russia’s large mining group Norilsk Nickel announced it had begun operations at a new state-of-the-art Bystrinsky mining and processing plant outside of Chita in Russia’s Zabaykalsky Krai. Notable about the project is the participation of China, as…

The Problems of Moon Jae-in’s Energy Policy

7755 Journal NEO CollageNot so long ago, we talked about the great purge of Moon Jae-in instigated to strengthen his political position. Without this, many of his projects, especially populistic initiatives, risk being buried, not unlike the similar ideas of his predecessors. In this context, let us…

The Great Degeneration of the West: Where Do ...

ff8ddcb1dfb425d74a9d2d749f915182The processes taking place in the US and the European countries over the past 30 years have led to the economic, cultural and ideological decline of the West. It is now being pushed back by the central…

Armenia’s Energy: Benefits of Cooperati...

45234234234In November 2017, the Republic of Armenia (RA) plans to sign an important treaty with the European Union. The document is known as the “Comprehensive and Enhanced Partnership Agreement” (CEPA). In the view of its supporters, the expansion…

Prospects of Russian Nuclear Business in the ...

5414213213123It is known that the Middle East countries have no developed nuclear arsenals. Until recently, some of them were not interested in the nuclear industry, as they are rich in hydrocarbon resources. Others are simply not capable of developing such an expensive industry. The third group is constantly being hampered…

China and Thailand: Tank Tracks and Train Tra...

tr6632While Thailand undergoes a sensitive transition with the October funeral for its head of state, the widely respected and revered King Bhumibol Adulyadej, the Southeast Asia constitutional monarchy, home to 70 million and one of the strongest regional economies, continues…

China-Ruble Settlement and the Dollar System

45324241The Peoples’ Bank of China has just announced a payment-versus-payment (PVP) system for Russian ruble and Chinese yuan transactions. The stated aim is to reduce currency risks in their trade. The only conceivable risk would be from…

A Greek Recovery That Cannot Come in This Cli...

4531231231Here in Greece the people on the street are fed up with politicians, all of them. A land with as much potential for growth as any, is hard pressed to maintain its dignity, culture, and sense of worth. And waiting in the wings, the same sharks that bit into Greece before…

The Transforming China-Pakistan Economic Corr...

CPECIn May, 2017 the Prime Minister of India refused to participate in the founding meeting in Beijing of the ambitious Belt-Road Initiative (BRI), the network of high-speed rail and deep water port linkages across the Eurasia land mass. The official reason given was that…

India in Search of Alternatives to OBOR

453342342As is well known, India is the main competitor of China in Asia. This has recently been most evident in the way India has related to the Chinese One Belt and One Road Initiative. Realizing the importance of international transport corridors for economic development and maintaining…


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