Eastern Asia

China-Ruble Settlement and the Dollar System

45324241The Peoples’ Bank of China has just announced a payment-versus-payment (PVP) system for Russian ruble and Chinese yuan transactions. The stated aim is to reduce currency risks in their trade. The only conceivable risk would be from…

Moon Jae-in’s Great Purge. Episode 4: Struggl...

4523424234In reviewing the action plan of the new South Korean president to enhance his position in office and create some space for a new team, we should not fail to also look at the policy of the new government focusing on the measures…

Moon Jae-in’s Great Purge. Episode 3: “the RK...

452312311On August 28, 2017, against the backdrop of the “provocations of the DPRK”, the President of the RK Moon Jae-in made a statement on the importance of reforming the country’s defense system, and instructed the military…

Moon Jae-in’s Great Purge. Episode 2: Pressur...

86643535345Continuing the series of the material dedicated to the “great purge of the new President of the RK”, we shall now proceed to the strong pressure being put on the intelligence agencies. The bigges…

Is Moon Jae-in’s Rating Beginning to Dr...

563423423The current period of the domestic policy of the Republic of Korea is predetermined by two main vectors. First, Moon Jae-in’ rating has recently been slowly but steadily dropping, and the first mass rallies against him, organized by…

Korea: At the Red Line

4531231231About a week has passed since the verbal skirmish between Trump and Kim Jong-un, and experts, including the author, have frozen in anticipation of what the next steps will be like, seeing that the statements made by Donald Trump about the DPRK…

Theresa May Visits Japan

45234121From August 30 to September 1 this year, Prime Minister of Great Britain Theresa May (“accompanied by a delegation of business leaders”) was on a visit to Japan. As it was said in this regard on the British government website, during the visit and…

“New Energy Vehicles”: Can China Break Big Oi...

564523423In the antebellum south of the United States, the planation owning slaveholders kept their power because of an economic order summed up by the slogan “Cotton is King.” In today’s international order, a small clique of western monopolists…

Japan on the Eve of Extraordinary Parliamenta...

652342342So the Japanese experts who believed that Prime Minister Shinzo Abe would use his constitutional right to prematurely dissolve the lower house of parliament (one year before the expiration of the legitimate powers of its current members)…

How Hot will the Year 2017 be? A War of Words...

4534232Quite recently, we discussed the North Korean response to the UN sanctions resolution, noting that from the North Korean side, the raising of the rates was minimal. However, this was only sufficient until a new round of retaliatory…

Nuclear Weapons in the South of the Korean Pe...

41067380135Against the backdrop of the sixth nuclear test, calls for “getting ourselves a bomb” are increasingly heard in the RK. This may be alluding to either the resuscitation of its own nuclear project or, going the much easier route…

The Deadly Rocket Scare Redux: North Korea’s ...

4523434343North Korea is once again the big, bad, boogey man of Asia, a convenient villain Washington will use to fuel a spanking new arms race. If all-out war does not follow Donald Trump’s insane policies aimed at Pyongyang, something…


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