Economics

The West’s propaganda campaign against China is attempting to convince the world that Beijing and its policies pose a global threat. China is accused of everything from presenting an outright military threat to its neighbors and the world, to sinisterly trapping nations in debt for infrastructure projects the West insists are unnecessary in the first place. However, the West…

Turkey has lately shown signs of a clearly growing socio-political crisis in the country. Its economy is going through a difficult, if not disastrous, phase: the lira is plummeting, foreign exchange reserves are shrinking, external debt and unemployment are skyrocketing. All this raises doubts about the republic’s financial and economic prospects and…

There has been a marked shift in the balance of power in the world as the US has recently intensified its attempts to regain world domination, including through sanctions against countries trying to demonstrate their independence from Washington. And in this respect, Beijing’s attempt to create a multipolar world based on an alliance with countries…

Is US President Joe Biden taking notes from the Trump administration on jockeying defense stocks? The question has to be asked in view of American military industrial stocks getting boosted by all the play on the tensions in Europe. What other reason could there be for lighting the fuse on World War III? Let’s take a short look at the stock and investment play of late.

Armed with drones and active diplomacy, Turkey is slowly – but surely – charting a path for a major role for itself in Africa. While Russia has historically dominated African arms market with 49 percent of market share, Turkey’s ambitious foray includes geo-political interests, especially with regards to how it sees itself as a natural player in the region as a ‘neo-Ottoman’ state…

Southeast Asia (SEA) is a vast territory surrounded by warm oceans and located in the equatorial, subequatorial, and tropical climatic zones. This geographical position provides suitable conditions for beach holidays and the creation of resorts. In addition to the warm climate, beautiful landscapes, exotic nature, and sea beaches…

Amid the world’s forced turn toward nuclear power and energy crisis, Europe had given serious thought to nuclear power’s future on the continent. Currently, 31 countries operate nuclear power plants. The peak in nuclear power generation was recorded in 2006 (2,660 TWh), but overall, the share of nuclear power in global electrical power generation decreased…

The global Sino-American confrontation that has unfolded in recent years affects all spheres of the world economy and all regions. China stubbornly squeezes the United States in every area, including its traditional sphere of influence in Latin America. At the moment, the United States is the leading trading partner of Latin American countries…

There is a great paradox in the increasingly aggressive US and NATO military stance towards Russia, and China, when measured against the clearly suicidal national Green Agenda economic policies of the USA as well as the EU NATO states. An astonishing transformation of the economies of the world’s most advanced industrial economies is underway and gaining…

Even though the Biden administration, following in the footsteps of the Trump administration, has been seeking to build a global anti-China coalition even since coming into power, its efforts in the Indo-Pacific region continue to fail to produce enough support for the US-led ‘war’ against China. To a large extent, a key reason for this failure…

At the end of December, the Turkish authorities were forced to suspend maritime traffic through the Bosporus Strait for a day after the BARLAS, a 70-meter-long (230-foot-long) dry cargo vessel under the Panama flag ran aground after engine failure. The maritime traffic in this vital sea route was restored on December 29. This is the second incident…

Despite modern agro-industrial technologies, the trend towards food shortages continues. This, in particular, is evidenced by the information published by the UN that up to 820 million people are starving in the world, which is about 10% of the world population.  There are more malnourished and hungry people around the world today than ever before, despite…