Economics

Russia Infrastructure Projects – A Year-End Review

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It has been a rollercoaster year of US trade wars, the JCPOA dying a slow death, and the world economy sinking toward recession. The good news is my fear of a major war tipping world GNP into a deep recession did not materialize, despite triggers such as the Iranian downing of a US drone incursion. More recently we had the cruise missile and drone…

China’s African Swine Fever Now Global Threat

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The worst outbreak of fatal African Swine Fever disease ever has devastated the world’s largest pig population, that of China, over the past months. Now it is spreading to neighboring states and even threatens the United States pig herds. The political and human impact could be far worse than imagined as a de facto pandemic disease…

Libra: Facebook Wants to Control Your Money

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Facebook – backed by some of the largest banks and corporations on Earth – seek to create a global digital currency and reassert Western dominion over the global economy. Many are probably already familiar with US-based social media giants like Facebook and Twitter carrying out sweeping campaigns of censorship executed in line with US foreign…

How Exactly did the US Lose the Trade War With China?

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The ongoing trade war between the US and China has caused both countries economic damage, leading to lower exports for China (by almost 25%) and  higher prices for consumers in the US, but economic and financial losses aren’t the most significant negative aspects. And, whereas both the US and China are beginning to signal a possibility…

Could Russia Floating Nuclear Plants Change World Economy?

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While the EU and United States have all but abandoned nuclear energy as a future power source, with almost no new reactors being built and existing ones being decommissioned, Russia has quietly emerged as the world’s leading builder of peaceful civilian nuclear power plants. Now the Russian state nuclear company, Rosatom, has completed…

Latest Negotiations on Issues of Trade between USA and PRC

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From 10 to 11 October, the 13th round of negotiations on issues currently plaguing the bilateral trade and economic ties between the United States and China took place in Washington. The Chinese delegation was headed by Liu He, the Vice-Premier of the State Council of the People’s Republic of China and a current member…

China – The Belt and Road Initiative – The Bridge that Spans the World

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The Belt and Road Initiative (BRI), also called the New Silk Road, is based on a 2,100-year-old trade route between the Middle East and Eastern Asia, called the Silk Road. It wound its ways across the huge landmass Eurasia to the most eastern parts of China. It favored trading, based on the Taoist philosophy of harmony…

Europe’s Got the Short End of the Sanction Stick

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If you really think of it, there’s nothing new about trade wars, as they would be used time and again against those governments that other powers want to undermine. However, not unlike with regular wars, such strategies may result in totally unexpected results. Moreover, those counter-steps that the attacked power can take may lead…

JCPOA Saga: Iran Will Act if the Lame E3 Doesn’t

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Ever since the US’ unilateral exit from the 2015 Iran nuclear deal, known as JCPOA, the EU members of the deal – France, Britain and Germany (E3) – have been trying to find ways to salvage the deal. The E3 first restored to ‘defying’ the US and created a so-called “special purpose vehicle” called INSTEX for Europe-Iran trade…

Meanwhile, BRICS is Alive and Well

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There’s been no shortage of interest towards the recently concluded ninth BRICS summit in Brazil. This association brings together a total of five countries, with its name being an acronym coined to represent the combined economies of Brazil, Russia, India, China and South Africa. This block represents 23% of the world’s economic output…

China, USA and the Geopolitics of Lithium

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For several years since the global push to develop mass-scale Electric Vehicles, the element Lithium has come intofocus as a strategic metal. Demand is enormous in China, in the EU and in the USA at present, and securing control over lithium supplies is already developing its own geopolitics not unlike that for the control of…

Why Did Russia Write Off Africa’s Debts?

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The news that has been making headlines following the Russia-Africa Summit in Sochi (October 23-24, 2019) is Russia’s cancellation of $20 billion worth of debt which African countries had accumulated. Russian President Vladimir Putin announced the move when speaking at the event. The statement has sparked an intense…


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