Economics

COVID-19 Pandemic and PRC’s Global Plans

CHI

There is not a single area of world politics or economy that the COVID-19 pandemic, which started at the end of 2019, has not had an effect on either directly or indirectly. Unsurprisingly, the outbreak has had an impact on China’s global development strategy Belt and Road Initiative (BRI). The aim of the project is to extend, bifurcate and then unite key transportation…

America is Thinking “BIG” With the Help of Putin

PTTR3422

US President Donald Trump says he had a “BIG” talk with Russian President Vladimir Putin and Saudi Arabia’s King Salman over oil production. According to the news, a deal was reached where Russia and the Saudis would cut back production by 10 million bpd from global supply beginning in May. If the deal pans out, Vladimir Putin will have thrown a lifeline…

The Saudi Door to a Multi-Polar World

SLPT34232

The recent agreement between Russia and Saudi Arabia to cut oil production is reported by the US media only as it affects American shale production and the price of various grades of oil on the global market, overlooking an important signal: When the country that for nearly a century has been the principle source of US oil investments joins….

The Public Bears the Burden of Growing Military Expenditure

USW

A recent study carried out by Forecast International highlights that world military expenditure had increased overall by more than 13% over the past five years: from $1451 billion in 2015 to $1642 billion in 2019. The biggest spenders on defense last year were countries in North America (43%), Asia (24%) and Europe (15%). Defense spending is expected to grow…

Bioweapons, Bioweapons, Who’s Wielding the COVID-19 Bioweapon?

CORC3423

What you are about to read will be confusing, at first, but this is unavoidable. After all, we did wake up to martial law unofficially declared, all around the world. So, you can expect some confusion before unraveling the truth we face. Hopefully, I will be able to help you sift through all the market opportunists proclaiming…

Corona – The Aftermath

COR866533

What will be next? Is a question on many people’s minds. Very likely the world will never be the same again. That might be god, or not so good, depending on how we look at this disastrous, “pandemic” which by all serious accounts does not deserve the term pandemic, that was unwittingly given to the MERS-2-CoV, or 2019-nCoV, renamed by WHO to COVID-19. In mid-February Dr. Tedros, WHO’s Director…

In the “Oil War”, Washington Blinks First to Survive

OIL34222

The “oil war” started by the Saudis (and the US) has, within a matter of weeks, already led to a change in the narrative from purportedly establishing ‘shale oil dominance’ to ‘energy market management’ and avert a crisis that could ultimately destroy the very shale oil industry of the US. This resulted in the US president  holding a phone conversation with Russia…

Going Down with the Ship

STKM34222

The mightiest Empire ever to have existed is being brought down by a bug. Aesop had nothing to say about this, but someone out there will know whether the situation is unique. (I breathed a sigh of relief upon learning that the former British Foreign Secretary, one of the ubiquitous Cameron brothers, is heading the International Relief Center for the Corona Response in camps where refugees from…

Covid-19 Hysteria Vs. Your Actual (Very Low) Chance of Dying

COR333

How likely are you to die from Coronavirus Disease 2019 (Covid-19)? Based on the hysteria spreading across the globe, it would seem like the chances are fairly high. But Statnews.com would report on the actual projected death rate of those who contract Covid-19 based on US Center for Disease Control (CDC) data, noting…

Japan’s Nuclear Power Industry: a Bumpy Road after Fukushima

JAP32322

Japan is the third most economically developed country in the world and one of the most technologically advanced nations on the planet. Up until 2011, it was also among the world’s leaders in nuclear power. There were 54 nuclear power reactors operating throughout the country that generated 30% of the energy consumed…

Riyadh’s “Oil War” on Russia has some Global Objectives

OIPR3422

The on-going Saudi ‘oil war’ with Russia has its roots in the logic of increasingly using natural resources for geo-political and geo-economic purposes. While this is not something entirely new, the latest push comes against the backdrop of increasing competition between the US and Russia for global leadership roles and the former’s attempts at forcing the latter out…

Only Hard Times Ahead for Saudi Arabia

SAU34232

The revenue generated by state-owned Saudi oil company Saudi Aramco accounts for up to 80% of the kingdom’s fiscal budget. The company did not hide its losses, and officially reported a decrease of $22.9 billion in net income in 2019, and there have also been serious spending cuts on development, i.e. on maintaining and increasing production. The report…


×
Please select digest to download:
×