The bulls and bears face a continuous tug-of-war as the markets yaw from one side to another. Now-a-days the markets are stable with the continuous instability triggered, sometimes, by the Hurricanes and at times by the increase in inventory levels. The world is also looking forward to 26 September when the top producers of the world meet on the side lines of International Energy Forum in Algiers to decide the future of oil. If from one side the outlook for price seem very strong the fickleness of oil markets do not let one cherish this thought for long.
Beipanjiang Bridge in China's Guizhou province is built 565 metres above a river. It is expected to become the world's highest bridge in terms of distance from the ground; The Bridge is 1,341 metres long and will open to traffic at the end of 2016.
In a letter written in December 2015, Xi Jinping proposed some national and global objectives for the G20 Summit of September 4-5, 2016. For the CCP Secretary the aim of the G20 system - which he recalls was born at the beginning of the 2008 financial crisis - would be to develop concrete goals leading to a multipolar and shared global economy.
China has been the largest buyer of Russian arms and technology for years, followed by India. The conflict in South China Sea (SCS) over islands and military infrastructure Beijing has put in place there is bringing together the military allies Russia and China on firmer footing than ever before in years after the Cold War.
China’s ambitious One Belt One Road project is drawing a lot of attention due to its scale as well as strategic implications. What is often overlooked is efforts being made by other countries in the context of enhancing connectivity within Asia, Japan’s Partnership for Quality Infrastructure (PQI) may not appear to be as grand as the OBOR, but it has the ability to create not just top class infrastructure, but also enhance the level of connectivity within Asia.
Germany, especially through his Minister for Foreign Affairs Steinmeier, has long been saying to the Atlantic Alliance that a change of strategy towards the Russian Federation is needed. On June 18 last, The German Minister for Foreign Affairs warned NATO not to "inflame" the relations with Russia so as to avoid tensions which would also lead to open warfare. Vladimir Bokovsky, the dissident who was exchanged for the leader of the Communist Party of Chile, Luis Corvalan, in Zurich in 1976, said that "the Russians’ great power of endurance is their true secret weapon."
South China Sea (SCS) is emerging a hotbed of tension between China, the economic and military power of Asia and its sea neighbors of the Asia Pacific region. Following military activity by China which claims its authority over the zone, tensions between China and its northern maritime neighbours continue to dominate developments in the SCS but further unresolved disputes add to the dangerous atmosphere because no side is ready to back down and seek genuine reconciliation, while US super power opposes Beijing and supports its neighbors.
With the very recent meeting held in St. Petersburg on August 8 last between Vladimir Putin and Recep Tayyip Erdogan - the only high-level meeting after the attempted coup in Turkey and the attempted murder of the Turkish leader, a coup which Russia first reported to Turkey and then strongly condemned - a new phase of post-Soviet geopolitics has begun.