Archives Economic cooperation - Page 29 of 35 - New Eastern Outlook
Central Asia in a Boom Over Western Sanctions on Russia
The ever-expanding list of Western sanctions on Russia has an unexpected and less-than-desirable effect. Central Asian countries are experiencing unheard-of growth due to Russian businesses and investors moving to the region. A brief look at Tajikistan’s 7.5% GDP growth, Uzbekistan’s predicted 6.5%, Kazakhstan at 5%, followed by Kyrgyzstan with 4.6%, and the brilliant economic warfare waged by the West is a losing proposition. North Americans and Europeans are the only people being hurt by the proxy war in Ukraine and its economic facets…
Rethinking the Greenback: BRICS Challenge the Dollar's Global Dominance
In the annals of financial history, few narratives are as captivating as the ascent of the United States Dollar. Since the seminal Bretton Woods Agreement of 1944, the greenback has wielded unparalleled influence, staking its claim as the world’s de facto currency. Anchored to the universally accepted Gold Standard and complemented by the establishment of international financial institutions like the IMF and the IBRD (now the World Bank), both generously funded in dollars for the development of emerging nations, the USD embarked on an unparalleled journey. Concurrently, co-operation between the United States and oil-rich…
On Kim Jong-un’s Visit to Russia, Part Four: More on the Agreements
On the evening of September 19, 2023, Kim Jong-un’s special train arrived in Pyongyang. Now that the visit is over, it is possible to finally summarize the agreements and answer “frequently asked questions” despite the fact that there was no final statement summarizing the results of the visit, and this was planned from the beginning. Next. On September 12, Russian Presidential Spokesman Dmitry Peskov said that “being neighbors, our countries cooperate in sensitive areas, which should not become the subject of any public disclosure…