True globalization and free trade economy have been the top agenda of world economies for quite some time, but, however, practically achieving very little. Both globalization and global trade are being effectively mismanaged and thereby controlled by USA and Europe and to some extend by Russia and China to their advantages. Rest of the world has to bear the negative consequences of restricted globalization and refusal to enact global free trade.
Lack of credit support and investment guarantees from the Russian government and financial institutions have been cited as the major impediments for Russian companies willing to invest in the African continent. These setbacks have culminated in the world’s biggest country by size lagging behind such economic powerhouses as the United States and China in expanding a footprint in Africa.
Recognizing the widening gap and huge untapped potential in their economic cooperation, Russia and Africa are gearing up efforts in raising the level of trade and business, Lyubov Demidova, Deputy Chairperson of the Regional Chamber of Commerce and Industry at Moscow Region, explained in an interview with me, while emphasizing unreservedly the importance of increasing business and economic cooperation with the African countries.
Almost every nation today pursues capitalism and funds the spread of imperialism globally, seeking to help the US led NATO forces invade and occupy as many nations as possible with abundant energy resources. America’s choice of Arab nation has been deliberate and awfully focused. Since the terror wars have been to pump oil to USA, like from Libya and Iraq, USA has decided to make the terror wars a permanent feature of US foreign policy.
The tensions underlying international exchange are indicative of the importance of cultural factors in economic warfare and oblige companies to be aware of the scientific progress if they intend to continue developing.
It took France a long time to define a culture of its own in the field of intelligence, and until the previous century, the French word renseignement had a negative connotation. The political elite considered this activity to be degrading and comparable to dirty police work.
In recent months, Bitcoins have been all the rage especially as the crypto-currency has begun to climb in value. The spike has once again shone a light on the digital currency as a potential alternative to fiat currencies, which currently is witnessing all kinds of volatility thanks to Brexit, central banks’ thirst for printing, and massive deficit spending. While many investors see a positive future for the alternative currency, the true test of Bitcoin will be if a nation adopts the currency. The adoption of Bitcoin as a national currency will bring with it a plethora of financial securities but at the cost of eliminating the ability of central banks to print currency endlessly.
Large-scale mining has the potential to play a critical role in helping to achieve the Sustainable Development Goals (SDGs) in resource-rich countries, according to a new report published today on the occasion of the UN High-Level Political Forum in New York. The report, Mapping Mining to the Sustainable Development Goals: An Atlas, is a joint effort of the United Nations Development Programme, the World Economic Forum, the Columbia Center on Sustainable Investment and the Sustainable Development Solutions Network.
Higher GDP per capita alone does not determine real quality of life. This is according to the Social Progress Index (SPI) 2016 published by US-based nonprofit, the Social Progress Imperative. The Index ranks Finland the world’s most socially progressive country, Canada in second place tops the G7 nations.