Archives Economics - Page 23 of 24 - New Eastern Outlook

The greatest show on Earth is now a circus of double-dealing and sleight of hand applied to geopolicy. In the West, so-called experts are announcing a Ukraine counteroffensive as if it were an upcoming sports contest. Conversely, in the trenches of Ukraine, Wagner Group’s leader Yevgeny Prigozhin is running interference for a counter-counter offensive Russia has planned. Fox News’s Tucker Carlson is fired for telling the world how American media really works, and Ukraine Nazis assassinate Russian media persons with real bombs. No one in America can read, hear, or view Russian news channels, and all the Russians witness is a level…

There are nearly constant developments in the relations between the two major international powers that merit at least cursory attention. The most recent occasions for addressing the transformation of these relations were visits of former and incumbent presidents of Taiwan, respectively, to the United States and China, as well as a series of visits to Beijing (which took the nature of pilgrimage) by European politicians of various levels of importance. In all these events, the factor of US-Chinese relations was undoubtedly present, even though more subtly so. Meanwhile, in the bilateral format over the past few weeks…

“The OPEC+ decision has purely economic motives,” “Oil prices and voluntary production cuts,” “When OPEC is used as a boogeyman.” These and similar headlines are used by the Middle Eastern media commenting on the agreement of the OPEC+ countries at the beginning of April this year to voluntarily cut oil production by 1.66 million BPD by the end of 2023. Local authors from Algeria to the Sultanate of Oman try to give a picture of the real situation in the “black gold” markets, explain the motives of this cartel decision and polemic with the Western analysts.  The latter, in particular, argue that the time for the…