Economics

Hold Fast Earthlings! The Elites Have Reissued the “Great Narrative”

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The “Great Narrative” is at hand! The author of the “Great Reset”, Klaus Schwab just launched another initiative at his World Economic Forum (WEF) in the UAE. And the world should be dully impressed, I am sure, but most people of earth will not be. WEF and most other institutions are walking a credibility tightrope these days…

Details of the Economic Relations Between PRC and South Korea in 2021

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The economic interaction between the ROK and the PRC during the reviewed period represented several overlapping trends. On the one hand, Beijing continues to act against companies involved in deploying US missile defense in South Korea. It restrains the penetration of South Korean cultural content into the country (mainly as part…

Nuclear Energy Gains Momentum in the Green World

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The notable development of nuclear power came after the first oil shock in 1973 to reduce countries’ dependence on Middle Eastern oil. The current situation in Europe is similar: prices are rising. The share of electricity in consumption is also growing, further contributing to a diversification of energy sources and the development of renewable resources, especially considering…

China Completes Vietnam Metro as US Accuses Beijing of “Bullying” Region

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The Vietnamese capital city of Hanoi – home to over 8 million people – saw the opening of its first ever metro line. The line was financed and built by China and features rolling stock from China’s state-owned CRRC. The metro was under construction starting in 2011 and was the target of criticism particularly in the West for being…

The Economic Dimension of China-North Korea Relations

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Much of the talk about how long the DPRK regime will last under sanctions and the country’s “self-isolation” in the wake of the COVID-19 pandemic is rooted in the question of what role Beijing will play in supporting Pyongyang. In 2019, China accounted for about 95 per cent of North Korea’s total trade, according to the website North Korea in the World. According…

Now The Organized Takedown of Global Fertilizer Supply?

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The global energy shortages which have driven prices for coal, oil and natural gas to explosive highs in the last months are a predictable consequence of the mad pursuit of “Zero Carbon” economic policies that have seen foolish governments subsidize a growing share of electricity from unreliable solar and wind generation. One consequence has been a five-fold…

How the RCEP Could Derail the US Plans in the Indo-Pacific

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The recent ratification of the Regional Comprehensive Economic Partnership Agreement (RCEP) by Australia and New Zealand have opened up the possibility of meaningfully, if not fundamentally, altering the geo-political scenario in the Indo-Pacific in favour of China. The fact that this ratification has come within months of the AUKUS and the Biden…

Gas Crisis in Europe: an Outlook of the Arab World

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The current turbulence in the European gas market has attracted the attention of the Arabs closely watching the gas price situation. After all, the Arab oil-producing countries account for 56% of oil reserves and almost 27% of natural gas globally. In 2020, according to local data, they produced 28% of oil and 15% of natural gas on the planet, and the revenues…

Has Saudi Arabia Decided to Put an End to the Small and Defenseless Lebanon?

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Recently, Saudi Arabia and its satellites Bahrain and Kuwait have decided to expel Lebanese ambassadors amid the rising tensions between Beirut and some countries of the Cooperation Council for the Arab States of the Gulf (GCC). In addition, Riyadh severed economic ties with Lebanon, which looks like a deliberately…

Japan and Turkey Boost Cooperation in Central Asia

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Pragmatism has long been the backbone of the Japanese presence in Central Asia, expressed in billions of dollars in direct bilateral financial assistance and multilateral financing through the Asian Development Bank and other financial institutions. However, Japan has not yet learned how to firmly convert the returns on financial and other assistance provided…

Japan’s Energy Policy and its Significance for Russia

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Just as decades ago, coal remains a strategically important fuel for the world. Despite the constant talk of greenhouse gas emissions and the complete phase-out of coal, the disappearance of this fuel from the market would lead to the collapse of the global economy. It is quite natural that the world’s four major coal consumers, China, India, the USA, and Japan are among…

Russia’s Coal Export to India and its Connection to Eurasian Integration

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When the mass withdrawal of coal use in countries following green policies began, many experts predicted that this fuel would soon be forgotten entirely. Its extraction and exports would cease to be profitable for the countries implementing them. Even then, it seemed unlikely because “developed” countries such as all Western countries…


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