Aggravation in the Korean-Japanese Relations: the Japanese Angle
The trade war between Japan and South Korea is going on, and the author needs to clarify why Tokyo lost its temper at last. The South Korean mass media, naturally, see the reasons for the trade war not as Seoul’s desire to ignore international law, but rather having to do with the internal political problems […]
India – One of the Leaders in Space Exploration
India began carrying out space research immediately after gaining full independence from British rule in 1947, and became the seventh country in the world to launch its own satellite – Aryabhata – in 1980, which was launched into orbit with the help of a Soviet space launch vehicle, Kosmos-3M. However, it is worth pointing out […]
Will China Trigger Next Financial Tsunami?
With the US decision to impose added tariffs on more than $300 billion of China trade, and the US Treasury declaring China a “currency manipulator”, global financial markets have reacted with sharp selling. The question is whether this is the beginning of a genuine currency war that will trigger a new Financial Tsunami as bad […]
KAMAZ: Globally Recognized Russian Technology
Among the numerous products of the Russian industry which are in considerable demand abroad, one of the important ones is the trucks of the Kama automobile plant (KAMAZ). The KAMAZ brand trucks have seen several decades of popularity in various countries of the world thanks to their loading capacity and reliability, as well as their […]
Erdogan’s Risky Geopolitical Pirouette
Turkey’s economy has been in increasingly difficult straits for months, especially since the failed July 2016 coup attempt. The latest move by President Recep Tayyip Erdoğan to fire his central bank head and replace him with a more amenable loyalist has already resulted in the largest one-time interest rate cut in the bank’s history. Will […]
Greece – Suicide or Murder?
Pundits from the left, from the right and from the center cannot stop reporting about Greece’s misery. And rightly so. Because Greece, the vast majority of her people live in deep economic hardship. No hope. Unemployment is officially at 18%, with the real figure closer to 25% or 30%; pensions have been reduced about ten […]
What Does the Future Hold for Turkmenistan?
According to the World Happiness Report — 2019, which is published on a yearly basis by the United Nations Sustainable Development Solutions Network, Turkmenistan, quite a resource-rich player in the Caspian region, ended up in 87th place, thus becoming the unhappiest nation among its Central Asian neighbors based on this ranking. Assessment criteria, such as […]
The Bangladesh-China-India-Myanmar (BCIM EC) Economic Corridor
The topic of whether creating a “multi-modal corridor” is feasible or not has been debated time and time again since the late nineties on various different political platforms and within expert circles, which would link Kunming, the capital of China’s south-western Yunnan Province, with one of India’s largest cities, Kolkata, located on the shore of […]
The Banking Elite Are Cannibalizing Greece and the World
When I read a tweet by Kathimerini reporter Yannis Palaiologos recalling an incident where former U.S. Ambassador to Greece David Pearce threatened the former Greek Prime Minister Alexis Tsipras about exiting the Eurozone, I knew I had to write this report. According to the reporter’s message, Alexis Papahelas, the Executive Editor of Kathimerini, related a […]
The World is Dedollarizing
What if tomorrow nobody but the Unites States would use the US-dollar? Every country, or society would use their own currency for internal and international trade, their own economy-based, non-fiat currency. It could be traditional currencies or new government controlled crypto-currencies, but a country’s own sovereign money. No longer the US-dollar. No longer the dollar’s […]
Japan to Invoke Stricter Export Control Measures Against South Korea
The author has no other choice but to begin his latest article on the problematic nature of the relationship between Japan and the Republic of Korea / South Korea (both important neighbors of Russia) with either the adverb ‘sadly’ or ‘unfortunately’. The New Eastern Outlook recently reported on the downward trend in these relations, which only […]
World Teetering on the Brink says Federal Reserve and EU Commission
“Don’t worry about the mule, just load the wagon.” – an old Southern American saying We had an unusual double header last week with the Federal Reserve and the EU commission making two apparently uncoordinated statements, but that could not have come at a better time. I will start with Federal Reserve Chairman Jerome Powell […]