Economics

Meanwhile, BRICS is Alive and Well

BRICS

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…

BC: The Latest US Sanctions Point to a Declin...

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On Monday 6th of August the United States imposed a fresh set of sanctions on Iran. These are intended as a prelude to even stronger sanctions to take effect in November. The clearly stated intention is to break the Iranian governments will to resist American demands, and to cause such domestic…

Why Thailand is Buying Russian Helicopters

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Beginning in 2011, the Kingdom of Thailand began replacing aging US helicopters not with newer US-built models, but with Russian and Italian systems instead. This includes Russian Mi-17 medium twin-turbine transport helicopters and several AgustaWestland AW149’s and AW139’s (for transporting VIPs). According to a January 2019 article in…

Who Will Foot the Bill for America’s Military...

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Although Washington has closed a number of US military bases in recent years, the country still maintains approximately 800 military bases in over 70 countries, ranging from giant compounds to small radar facilities. Most of America’s military bases were established during the Cold War, but some of them…

BC: Gold or Gunfire: Hedging Against the Coll...

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A global economic collapse has become unavoidable, said former chief economist of the Bank of International Settlements (BIS) William White in response to the BIS’ quarterly report in September 2013. Experts forecast that a global economic collapse may occur, overnight, some time at the end of 2014 or in 2015. The fact that…

From Legos to Rockets: Technology is Disrupti...

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At first glance the Danish toy company Lego doesn’t seem to have much to do with paradigm shifts in technology. Yet a recent incident illustrates the march forward of modern technology and the threat it poses to not only well-established but inflexible companies like Lego, but to entire industries and their collective impact on global…

Russian Helicopters Conquer the Southeast Asi...

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Russia is known for its aviation, helicopter technology in particular. Russian helicopters are popular in many countries. According to Russian Helicopters (a holding company that unites Russian firms specializing in helicopter-building), more than a hundred countries, besides Russia itself, utilize over 8,000 helicopters constructed in…

 

Russia’s Short March to Food Security

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When I wrote my China’s long march to total food security NEO article last month, I had intended to dovetail it with Russia’s accomplishment of being more self-dependent on feeding its people. What they both shared was having to deal with US sanctions before they reached their goal. While China’s sanctions came compliments of Mr. Trump, Russia…

Is Russia Right About US Shale Energy?

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In recent remarks to a Pennsylvania shale oil producers’ convention, US President Donald Trump, noting the spectacular growth in shale gas as well as shale oil over the past decade, remarked that unconventional shale energy had made “America the greatest energy superpower in the history of the world…

Russia and South Korea: a Promising Partnersh...

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The Republic of Korea (ROK) is one of Asian Dragons, i.e. the four nations in Asia whose economies, industrial sectors and research and technology spheres developed rapidly during the second half of the 20th century. Once the Cold War ended, the ROK launched its Northern Policy aimed at forging closer ties with North Korea…


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