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Economy
The Ukraine Mess is Animal Farm in Reverse: Starring Blackrock and Other Pigs
Just recently head of the European Commission, Ursula von der Leyen, said that the European Union should double its assistance to Ukraine. She went on to say the EU should create a support fund of 50 billion euros by the end of the year and that everything should be done to ensure victory on the battlefield for the Ukrainians. The European Union has created a “support package” for Ukraine for 2023 of up to €18 billion. This money, however, is not in the form of gifts, grants, or to create an emergency war chest. These billions are a loan under an EU macro-financial assistance program…
Phil Butler
The Grain Deal has become a diplomatic success story, or is there a new phase coming? ...
Unfortunately, one of the negative consequences of active hostilities is observed in the foreign trade relations of the countries participating in the conflict. A temporary danger zone does not guarantee safety along trade communication routes. Disrupting the prior steady trading system is costly to the trade balance and frequently leads to major humanitarian crises, such as in export-dependent countries. It is true that the scarcity of certain goods, such as grains (like wheat, for example), on the global market poses a severe danger to the food security of entire nations. It’s no coincidence that a Russian…
Alexandr Svaranc
Saudi’s “New Oil” Change Pushing for Multipolarity With China
Termed Saudi’s “new oil” industry, tourism ranks very high on Riyadh’s Vision 2030 strategic plan for the country’s economic transformation away from reliance on oil as the major source of revenue. According to the plan, the Saudis aim to raise about US$46 billion annually from tourism by the end of this decade, i.e., by 2030. Saudi’s goal and China’s contribution to world tourism seem to have a perfect synergy. Before Covid, 155 million Chinese tourists spent US$250 billion world-wide. With Saudi Arabia looking to attract tourism, China becomes a natural partner…
Salman Rafi Sheikh
Africa defrauded
Fernando Gaillardo
The Renaissance of Russian-African relations
Fernando Gaillardo
Mongolia, a victim of neo-colonial looting - how Western capital obtained control over Oyu Tolgoi
Boris Kushhov
What is behind the current tension in Turkish-Iranian relations?
Alexandr Svaranc
China hosts “Summer Sessions” of the World Economic Forum
Vladimir Terehov
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