The notable development of nuclear power came after the first oil shock in 1973 to reduce countries’ dependence on Middle Eastern oil. The current situation in Europe is similar: prices are rising. The share of electricity in consumption is also growing, further contributing to a diversification of energy sources and the development of renewable resources, […]
The Vietnamese capital city of Hanoi – home to over 8 million people – saw the opening of its first ever metro line. The line was financed and built by China and features rolling stock from China’s state-owned CRRC. The metro was under construction starting in 2011 and was the target of criticism particularly in […]
Much of the talk about how long the DPRK regime will last under sanctions and the country’s “self-isolation” in the wake of the COVID-19 pandemic is rooted in the question of what role Beijing will play in supporting Pyongyang. In 2019, China accounted for about 95 per cent of North Korea’s total trade, according to […]
By Michael Lord | RAIR Foundation | November 10, 2021 Economist Ernst Wolff believes that a hidden alliance of political and corporate leaders is exploiting the pandemic with the aim of crashing national economies and introducing a global digital currency. How is it that more than 190 governments from all over the world ended up […]
The global energy shortages which have driven prices for coal, oil and natural gas to explosive highs in the last months are a predictable consequence of the mad pursuit of “Zero Carbon” economic policies that have seen foolish governments subsidize a growing share of electricity from unreliable solar and wind generation. One consequence has been […]
By Adam Dick | Ron Paul Institute | November 10, 2021 Back when the Soviet Union fell apart, there was much talk of a peace dividend — a big reduction in the United States government’s spending on militarism. The peace dividend did not arrive. Instead, the US government proceeded to spend big on the military […]
The recent ratification of the Regional Comprehensive Economic Partnership Agreement (RCEP) by Australia and New Zealand have opened up the possibility of meaningfully, if not fundamentally, altering the geo-political scenario in the Indo-Pacific in favour of China. The fact that this ratification has come within months of the AUKUS and the Biden administration’s persistent attempts […]
The current turbulence in the European gas market has attracted the attention of the Arabs closely watching the gas price situation. After all, the Arab oil-producing countries account for 56% of oil reserves and almost 27% of natural gas globally. In 2020, according to local data, they produced 28% of oil and 15% of natural […]
By Iain Davis | OffGuardian | November 8, 2021 The population problem has no technical solution; it requires a fundamental extension on morality.” – Garret Hardin, “The Tragedy of the Commons” In Part 1 we explored the ongoing process of defining of the global commons and the claim of the stakeholder capitalists they they should be the “trustees” both of the commons and […]
BY WHITNEY WEBB | UNLIMITED HANGOUT | NOVEMBER 5, 2021 On Wednesday, an “industry-led and UN-convened” alliance of private banking and financial institutions announced plans at the COP26 conference to overhaul the role of global and regional financial institutions, including the World Bank and IMF, as part of a broader plan to “transform” the global financial system. The […]
