More: Economics
FT: Tens of billions are the losses of Western business in Russia
European companies have suffered at least €100bn in direct losses from their operations in Russia since last year, according to analysis by the Financial...
West is paranoid about BRICS Summit
Reuters carried a speculative report last week that Indian Prime Minister Narendra Modi might not attend the BRICS summit in Johannesburg in person and,...
Italy’s BRI Journey (Dis)Continues?
In March 2019, when China's President Xi Jinping visited Italy, the Italian government signed a Memorandum of Understanding with China regarding its Belt and...
Peace in the Middle East Does Not Run Through Faraway Arab Capitals
Israeli officials have insisted that Israeli-Saudi peace is closer than ever, and top-ranking American politicians including President Joe Biden himself hinted that a breakthrough...
Pakistan’s Participation in BRICS and Its Implications
The world has been witnessing transformed geopolitical turn. The wars are no more priority of the major powers. Economic diplomacy and competition are emerging...
Asia Times: The difficult reality for the US is economic dependence on China
On the one hand, U.S. policy aims to constrain China’s economic, political, and military development because it has now become the United States’ chief...
What are the modalities of BRICS expansion?
BRICS expansion is set to become the main topic of discussion at the BRICS summit in South Africa and as with so many actively...
“Fraying Bonds: The Erosion of U.S.-Africa Relations
Recently, thousands of supporters of the takeover flocked to the French embassy in the nation's capital, days after the democratically elected president of Niger...
The Coming BRICS Currency Diversification
The pressure toward the diversification of world currency reserves is longstanding. It intensified after 2008, but has escalated since 2022. It is a prime...
Fitch downgrades US rating
Fitch Ratings downgraded its US debt rating from the highest AAA rating to AA+, citing “a steady deterioration in standards of governance,” CNN informed.
The...