Han Youngsoo (Republic of Korea), Seoul, Korea 1956–1963. In October 2023, the United Nations Conference on Trade and Development (UNCTAD) published its annual Trade and Development Report. Nothing in the report came as a major surprise. The growth of the global Gross Domestic Product (GDP) continues to decline with no sign of a rebound. Following […]
By Rhod Mackenzie Europe has officially acknowledged its member economies face a significant economic downturn: by year-end, GDP will decrease in ten EU member states. These include not only “lagging behind” nations, such as Poland, Lithuania and Latvia, but also some of the leading leading economies. Conversely, predictions for the Russian economy are optimistic. The […]
This week’s News on China. Sources: • Xinjiang free trade zone, Global Times • Australian Prime Minister Albanese met with Xi Jinping, Global Times SCMP • “Why the Philippines is exiting the Belt and Road,” Asia Times “Philippines reveals locations of 4 new strategic sites for U.S. military pact,” Reuters • “Huawei surges into the […]
By Rhod Mackenzie Russia and Iran are prepared for mutually beneficial cooperation with all countries, particularly our neighbours. Central Asia is experiencing rapid development. It is time for Europe to awaken to the current circumstances. These are the key themes of the XVI Verona Eurasian Economic Forum – a unique public platform facilitating communication between […]
By Rhod Mackenzie The United States has acknowledged its reliance on Russian nuclear fuel, and is devising strategies to address it. However, even they are still struggling to eliminate their use of Russian nuclear fuel. What caused the downfall of the US nuclear industry, and what part did Russia play in it during the 1990s? […]
By Rhod Mackenzie The European Commission has stated that the European Union intends to limit the import of Russian gas to 40-45 billion cubic metres by the close of 2023. On November 2, Igor Yushkov, a leading analyst at the Russian National Energy Security Fund and lecturer at the Russian Financial University commented that the […]
This week’s News on China. • More US sanctions against Chinese chip industry • China tightens graphite export controls • Industrial renaissance in northeast China • China approves GM soybeans and corn
Illustration: Chen Xia/GT The US doesn’t seem to be hesitant for a second to sacrifice its allies so as to contain China. The tightening chip export restrictions show that it is willing to do whatever it takes to hinder China’s technological development. But that doesn’t mean its allies will unconditionally follow such an extreme approach […]
By Rhod Mackenzie In early October, Brazil significantly increased its imports of Russian diesel fuel, despite restrictions on its export being imposed by the Russian authorities. By the second half of October, Brazil had even become the largest destination for diesel fuel exports from the Russian Federation, surpassing Turkey. Furthermore, Russian companies have established themselves […]
By Rhod Mackenzie The Russian President made a two-day visit to China, participating in the third international forum “One Belt, One Road” and engaging in bilateral negotiations with foreign leaders. During his opening speech, Vladimir Putin stressed the significance of the One Belt, One Road initiative, describing it as a “global, future-oriented” plan aimed at […]
