Economics

China is employing a foreign policy strategy in Africa that is both an inherent part of and intertwined with Beijing’s foreign policy doctrine. Its main aim is to turn the African continent into China’s strategic asset, whose purpose would be to grow PRC’s political and economic might and enable China to position itself as a superpower…

As American motorists complain of rising gasoline prices, the Trump Administration and the oil and banking interests behind it are smiling on their way to the proverbial bank. If we look at seeming disparate events in Iran, in Venezuela and now in Libya it becomes clear there is a coherent strategy to…

Russia is one of the leaders in the market of nuclear-related technologies and is renowned for quality and safety of its nuclear power plants, whose reasonable cost is especially attractive for moderate-sized developing nations. Many countries, facing issues linked to…

Like the many unwinnable wars (Afghanistan, Iraq, Libya, Syria) started by two previous US presidents, president Trump’s war of his own choosing against China is also unwinnable not just because China is a formidable ally and has the capacity to retaliate massively, but also because China itself…

As TV channel Al Arabiya has reported, Jordan withdrew its ambassador Abdullah Suleyman Abu Rumman from Iran.  Amman presented a very interesting interpretation to justify its actions. This decision was adopted by the Council of Ministers of the Kingdom in relation Tehran’s policy of…

Recently, the OPEC countries and Russia (note: OPEC+) have agreed to increase oil output to a million barrels per day. In reality, the increase will amount to approximately 600,000 barrels, as “some countries” are experiencing problems with extraction, in general. This the was…

The only new part of the ongoing Trump Administration economic warfare, a calculated assault on friend and foe alike from Russia to China to Iran to Venezuela and the EU, via so-called tariff war, is a President who uses Tweets as a weapon to throw opponents off balance…

One definition of the word ‘pessimism’ is “a lack of hope or confidence in the future.” Pessimism is certainly pervasive in western politics in the present epoch. The far-left, no longer drawing from Marxism and historical materialism, but rooted in New Left mysticism…

There are deep historical roots in India’s interest in Africa. A rather big and influential Indian community or, more precisely, communities, has long lived on the Dark continent especially in its eastern and southern parts. The total number of these communities is about 2,8 million people. More than…

As you must be aware of, oil is among the main driving forces behind today’s economy, since it can not be easily replaced by any other resource in those areas where it is most widely consumed. Oil prices determine the cost of a wide range of products and have a strong influence on…

The second half of the 20th century was marked by the world economy suffering irreversible and potentially catastrophic changes. Once the US obtained virtually uncontested economic and military influence in the world, the Federal Reserve found itself in a position where it was able to print piles of dollars on demand…

Separating the political and the trade and economic factors when analysing the relations between two states is artificial as such. It makes sense only in cases when this or that factor becomes predominant in the given time period. Over…