Economics

Biology has done what malicious US foreign policy aimed at China has failed to do for years; complicate China’s relations along its peripheries (and the rest of the world for that matter), particularly in Southeast Asia. In Thailand, contrary to popular belief, Chinese tourists make up the vast majority of those visiting the Kingdom. In Thailand, contrary to popular…

Shocking news just in from India is enough to make one’s blood run cold. A professor of Molecular Biology in New Delhi’s Jawaharlal Nehru University, Anand Ranganathan, and his colleagues published a preprint (which has not been peer-reviewed as yet) about their research on the novel coronavirus (2019-nCoV) from China. They discovered a possible…

Lately we have, with increasing frequency, been witness to fairly significant events. However, those involved in them usually attempt to hide what is happening behind a wall of secrecy. For instance, at the end of last year, the process of moving Polish gold reserves from Great Britain back home was completed in secret. G4S plc, a UK security services company, helped…

The epidemic caused by a new strain of Coronaviruses, called “2019-nCOV” by the World Health Organization (WHO) on January 30, is becoming a crucial factor in the current phase of ongoing political and economic processes. Although the author lacks the expertise to discuss either the origins or the spread of the viral outbreak…

Washington and Wall Street and the collective international order they’ve built over the decades following the Second World War appear to have run their course. To adversaries and allies alike, the US has become more of a liability than the global leader it attempts to present itself as. Yet there are still nations around the globe, including those which find themselves the target…

“I am thrilled to report to you tonight that our economy is the best it has ever been. Our military is completely rebuilt, with its power being unmatched anywhere in the world — and it is not even close,” Donald Trump told the country at his State of the Union address on February 4th, 2020. Such words are laughable to anyone familiar…

Historically the greatest economic depressions have started with unexpected events on the periphery of major financial markets. That was the case in May 1931 with the surprise collapse of the Austrian Creditanstalt Bank in Vienna which brought the entire fragile banking system of postwar Germany down with it, triggering the Great Depression…

In 2019, the Russian Federation and New Zealand marked the 75th anniversary since diplomatic ties between the two nations had been established. At present, when Oceania and the entire Asia-Pacific region have become the battleground for the political and economic confrontation between China and the West, the Russian Federation…

It is a well-known fact that the global energy economy relies and will continue to rely for many years to come on energy generated by burning fossil fuels, such as natural gas, crude oil derivatives and coal. It is also common knowledge that combustion of large quantities of these energy sources leads to air pollution and other environmental problems that…

On Jan. 3rd, 2019, China landed the Chang-e 4 rover on the far side of the moon. This was a dramatic accomplishment in terms of extraterrestrial activity. The mission had a concrete purpose, not merely in terms of scientific research, but also in terms of technology.Helium-3, the rare, non-radioactive isotope, is quite hard to find on earth…

Chinese President Xi Jinping became the first high-level official from the PRC to pay an official visit to Myanmar in 20 years. He had been invited by President Win Myin and was in the Southeast Asian nation from 17 to 18 January of this year. And although the focus of the talks between the Chinese Head of State and Myanmar’s true leaders was on economic cooperation…

It is 2020 and time for the world to sum up the outcomes of different economic sectors, including tourism. At first glance, the tourist industry does not appears to be an important part of the business sphere, unlike the sale of oil and weapons is. However, nowadays, there are hundreds of millions of tourists who not only pay…