Economy & Markets

A small deal but a big step in the right direction

Authors: Yang Yizhong & Paul Wang After more than one year of tortuous negotiations and the quarrels between the United States and China, one trade...

IDA: Partnering with the Eastern Caribbean Small States

With its natural beauty, blue seas, and white sands, the Caribbean has long been a prized destination for visitors.  The region’s location and geography – a...

Banking on action: How ADB achieved 2020 climate finance milestone one year ahead of time

As they extend their power grids, build more roads and bigger cities, and cultivate forestland, developing countries in Asia and the Pacific are increasingly contributing to...

The Yuan versus the Dollar: Showdown in the Global Financial Arena

At the 1944 Bretton Woods Conference, the United States laid the foundation for the U.S.-centric international monetary system, thus ensuring the dollar’s status as the key...

Why Wealthy Countries Must Step Up Their Contribution to Fight Global Poverty

Member countries of the International Development Association (IDA), a part of the World Bank Group, are meeting shortly to discuss the 19th replenishment of IDA, which will...

BRICS countries deem a single crypto currency

Speaking on the sidelines of the BRICS summit, which took place in Brazil in mid-November, President of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev came...

Is Russia Rich or Wealthy?

Authors: Apurva Sanghi and Glenn-Marie Lange Vedemosti (Russia) Which would you rather be: rich or wealthy? And what exactly is the difference? Being rich is related to...

On Monopolies: From Standard Oil to Google and Amazon

One of the very first investigative journalists, Ida Tarbell, went after the "throttling hand" of Standard Oil and John D. Rockefeller.  By 1880, his company owned 90...

The agreement between International World Group and National Ocean Technology Center

International World Group (IWG), the new and already well- established company founded by Giancarlo Elia Valori has signed a very important Agreement with China’s National Ocean Technology...

Belt and Road: Prospects for Sino-Armenian cooperation in the financial-banking sphere

The main aim of this research is to analyze and present why and how China is trying to implement a plan with which it could become...

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