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Reducing global exposure to US dollar
Dec 05, 2019 18:49The current global financial system is highly dollar-centric and larger emerging and developed economies aim to move to a multipolar reserve currency world. Among them, Iran, China and Russia are the most active ones taking action to increase their ability to resist the US dollar hegemony and reduce the US ability to weaponize the dollar as a foreign policy tool.
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‘Dark side’ of the US-China trade war
Dec 05, 2019 18:43Throughout history, people have fought for hegemony, power and, of course, resources. Unfortunately, despite the fact that human society can now be considered highly evolved, the problems remain pretty much the same. The unique difference is that now we have media that allow the high and mighty, the powerful of this world, to make it look like something else is happening. One of the perfect examples is so-called “false-flag” operations.
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Why Chinese yuan is becoming a globally accepted currency?
Dec 04, 2019 13:47China sold its first euro-denominated bond in 15 years earlier in November, raising 4.4 billion dollars and making stakeholders predict that European markets will become a larger source of funds for China in the upcoming future.
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The folly of trying to curb China’s rise
Dec 03, 2019 10:14In geopolitics, the US President Donald Trump administration’s “Indo-Pacific” strategy of containing China might be dying, because neither Japan nor India has any appetite to confront China seriously. In addition to being their biggest trade partner, China has advanced nuclear facilities and programs. So allying with the US to counter the Asian giant could lead to self-destruction economically and geopolitically, explaining why Australia and Japan are rebalancing their relationships with China.
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The US’ misguided war on Chinese technology
Nov 30, 2019 12:44Washington wrongly thinks that it can force Beijing to bow to its extra territorial dictates through pressures on trade and scientific matters, factors that may badly rebound and severely damage American economy, in addition to loss of credibility around the world.
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Are electric vehicles really so climate friendly?
Nov 29, 2019 11:34Electric vehicles emit substantial amounts of CO2, the only difference being that the exhaust is released at a remove — that is, at the power plant.
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CNPC unit seeks major stake in newly-found Namavaran Oilfield
Nov 24, 2019 11:59Oil has been produced in Iran in commercial quantities since 1908, making it one of the world’s oldest producers. Iran’s proven oil reserves of 160 billion barrels, almost 10 percent of the world total, rank it fourth after Venezuela, Saudi Arabia and Canada.
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How China plans to lead the computer chip industry
Nov 22, 2019 09:11In May the US added Huawei to a list of companies that US firms cannot trade with unless they have a license, blaming security concerns. Many industry observers fear that the US-Chinese trade war, risks unravelling the global technology supply chain.
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US needs to copy China’s tech strategy to remain top economy in world
Nov 20, 2019 10:47It is time for the United States follow China's lead and develop robust national strategies to support the development of foundational technologies like 5G, digital identities, and electronic payments. One of the key aspects of the next wave of IT innovation is that China will potentially transform all industries, not just the tech sector itself.
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Why China will win the race for Artificial Intelligence?
Nov 16, 2019 16:10The role of the development of artificial intelligence in geopolitics usually means competition between the United States and China. While reports are inconclusive about which country will ultimately win (if this is the right term), there is a glaring shortcoming in the United States that China will largely avoid.