When Russian President Vladimir Putin dials into the virtual BRICS summit hosted by Beijing on Thursday, it will be his first time attending a forum with the heads of major economies since launching an invasion of Ukraine earlier this year…. Read More ›
The New York Times reported on Oct 16 that “Austria’s rightward lurch is Europe’s New Normal” as the far-right Freedom Party would probably be invited to form a coalition government with the Eurosceptic Sebastian Kurz whose conservative OVP (Austrian People’s… Read More ›
The Economic Times, the leading Indian daily newspaper in English with a readership of over 800,000, published an article stipulating “three key reasons why India and China must not go to war at a time like this” on Sep 12…. Read More ›
Among various tactical considerations, the two decisive factors that finally helped dissolve the India-China standoff (since June 18) over Doklam on August 28 were Bhutan’s non-belligerent position and, surprisingly, Mexico’s growing interest in the BRICS platform. On Aug 11, at… Read More ›
China expanded its network this week. The focal point was the BRICS summit. But, China also expanded its network into Space, sending Shenzhou 11 to the Tiangong 2 Space laboratory. Meanwhile, back here on Earth, China’s solar, trade, and finance… Read More ›
Forget all the nonsense and hoopla about the Apple Watch or the GM stock buy-back. Far and away the most important economic story of the week is one you won’t find on the front page of Bloomberg or MarketWatch. New… Read More ›
Reuters today reported on Xi Jinping’s goal of pushing for the developing world’s rights. Reuters quote Chinese President Xi Jinping as saying in an interview with South American media, “China would try to better play the role of a responsible… Read More ›
The week of “mixed messages”… Western headlines relating to Southeast Asia were about “helping” Hong Kong, early this week. Thursday, the Pentagon announced that China will join the US and Australia in an infantry exercise this October… mixed messages. Atop… Read More ›
The International Organisation of Vine and Wine (OIV) reported the increasing relevance of Chinese consumption trends in its last global report. China is the 5th market in the world, with a wine consumption value of over 15 million hectolitres (Mhl)… Read More ›
At a summit in South Africa on Wednesday, Vladimir Putin likened the BRICS nations – Brazil, Russia, India, China and South Africa – to Africa’s “Big Five” game beasts of trophy hunting lore – the lion, elephant, buffalo, leopard and… Read More ›
Africa must shake off its romantic view of China and accept Beijing is a competitor as much as a partner and capable of the same exploitative practices as the old colonial powers, Nigeria‘s central bank governor has warned. Reflecting the… Read More ›
The deputy governor of China’s central bank, Yi Gang, said that the country was prepared for weakening currencies in the United States and Europe, and now Japan. Worldwide, the central bankers are already in a currency war, so this policy… Read More ›
There is a new kid in town and its name is the People’s Republic of China. Its entrance into the rich and elite foreign aid club has redefined the foundations of foreign aid. At last summer’s Conference of the Forum… Read More ›
Brazil and China will sign an agreement in the coming weeks to swap as much as $30 billion in their two currencies, Brazil Finance Minister Guido Mantega said. The currency swap, worth 60 billion reais or 190 billion yuan, will… Read More ›
The fourth annual BRICS summit, to be held in New Delhi on Thursday, will cover a wide range of topics of interest to member countries Brazil, Russia, India, China and South Africa. One of the topics for discussion will be… Read More ›
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