China’s capital and currency markets are on a collision course with the U.S., and by extension, the entire world. Economists are fond of saying if something can’t go on forever, it won’t. That truism applies to China. Huge profits will be made by those who see this China train wreck coming and act in time….
The development of Sino-European relations has emerged as one of central issues boggling the minds of the key players involved in a new global political game. The magnitude of the issue renders it worthy to be discussed whenever a new trend develops or an important event occurs. One of such milestone events is an assessment…
Geopolitical Futures’ George Friedman has warned that Saudi Arabia’s inability to keep oil prices up to $90 a barrel will frustrate the kingdom’s effort to balance its books, meaning it is only a matter of time before “Riyadh’s unique social stability comes apart.” A country of over 31 million, Saudi Arabia is ruled by six royal family…
There were several important outcomes of the previous three-day visit made by India’s Prime Minister Narendra Modi to Japan (from November 10 to November 12, 2016), but it is the Cooperation Agreement on the development of high-speed railway transport that attracts particular attention. It, alongside other facts that have emerged over the past few years,…
A two-year drop in oil prices has inflicted a dramatic blow to the economy of one of the world’s richest countries. If no changes are made, Saudi Arabia, according to some Saudi experts, will go bankrupt in three to four years. Since 90 percent of the kingdom’s income is derived from oil exports, the price…
On October 1, 2016, China’s yuan has been officially accepted in the list of the IMF’s (International Monetary Fund) reserve currency with a share of 10.93%, taking third place after the US dollar (41.73%) and the Euro (30.93%). This means that all central banks around the world are now required to keep a portion of…
