Archives Economic development - Page 12 of 12 - New Eastern Outlook
10.06.2023 Phil Butler
Eritrea and the Roles of Future BRICS Nations

On May 31st, Vladimir Putin met with the President of the State of Eritrea, Isaias Afwerki, at the Kremlin. The meetup was ostensibly to fortify trade and economic cooperation between the East African nation and Russia. However, broader implications concerning the emerging multipolar world system are also at play. President Putin welcomed Eritrea’s president, noting that the occasion was Mr. Afwerki’s first visit to Moscow. Russia’s leader also said Eritrea’s celebration of 30 years of independence. However, the primary purpose of the meeting between Putin and Afwerki…

08.06.2023 Fernando Gaillardo
SCO national currencies instead of the dollar - a vital need

The upcoming session of the Council of the SCO Leaders in July will include discussions on boosting the usage of national currencies in trade between member nations. This topic was previously addressed, and a plan was established during the organization’s summit in Samarkand in September 2022. The SCO is currently one of the most extensive regional associations worldwide, providing unparalleled potential for collaboration between its participants on political, economic, security, humanitarian, and cultural matters. The organization is consistently evolving into a completely autonomous and self-sufficient structure, emerging…

01.06.2023 Alexandr Svaranc

As a result of the latest summit of the G7 countries in Hiroshima, the US, Canada, the UK and the EU adopted yet another, 11th to be precise, package of anti-Russian sanctions. The package includes more than 90 companies from all over the world, which, according to Brussels, allegedly violated the restrictive measures and continue supplying Russia with sanctioned goods (including companies in Armenia, Iran, UAE, Syria and others). At the same time, eight out…

13.04.2023 Salman Rafi Sheikh
How China is Managing its BRI Partners: New Findings

For a very long time, most Western states – and financial institutions, such as the International Monetary Fund (IMF) – have framed China’s Belt and Road Initiative (BRI) as a massive “debt trap” that China is using to establish its geopolitical tentacles across the world. For Washington, China’s spread threatened its own unilateral hegemony that it…

28.03.2023 Petr Konovalov
Индия и Вьетнам

As from the beginning of 2023, an increasing number of Western companies are looking to invest in Vietnam and India. Leading economists around the world believe that these countries have favorable grounds for foreign investment. In turn, during the past few years, China has seen a decline in the amount of investment…

27.03.2023 Boris Kushhov
mongoliya Монголия

Mongolia is increasingly in the sights of most major geopolitical players, according to modern experts in the field of international relations. For example, the United States intends to establish an Indo-Pacific region in which Mongolia will play an important ideological and political role. Mongolia is regarded as an important East Asian…

12.03.2023 Vladimir Terehov

In the first days of March India was the center of international politics. The formal occasion for the appearance on its territory of the forty foreign ministers was one of the calendar events of the Forum G20, that is the twenty leading economies in the world which together account for 85% of world GDP. Another 20 ministers arrived…

20.12.2022 Salman Rafi Sheikh

Saudi officials have confirmed that the Kingdom made investment pacts with China worth US$50 billion during the recently held China summit in Saudi Arabia. This is a pivotal moment insofar as it reflects the tectonic shift that has been taking place in the global system for the past few years, a shift that includes a major realignment...

19.07.2022 Yuriy Zinin

The Arabic portal “Elaph” has called anti-Russian sanctions the “friendly and bitter fire of the USA in Europe” that has led to negative consequences for the economies of the countries of the Old World. They suffered from them after announcing the rejection of Russian gas, with no clear alternative to replace it. The portal’s opinion is woven into the flow of comments...