By Rhod Mackenzie
British, American and Japanese investment banks are downgrading Chinese GDP forecasts, foreign players are actively draining Chinese shares, and all this is fueled by the most gloomy discussions in the Western media.
Thus, 83% of fund managers in Asia believe that the decline...
By Evgeny Ogorodnikov
“The ruble weakened because it was too strong” - this unexpected phrase, seen in a random blog, made me wonder: what method can be used to assess with at least some objectivity the level of fortress or weakness of the ruble?
We took two periods, from 2000 to 2007 and from 2...
By Rhod Mackenzie
The Russian Energy Minister Nikolai Shulginov called on the BRICS countries to develop cooperation in the field of low-carbon technologies and expand settlements in national currencies when trading energy resources.
According to the press service of the Ministry of Energy, he a...
By Rhod Mackenzie
China supports the idea of expanding the BRICS (an association that includes Brazil, Russia, India, China and South Africa) in order to strengthen the association's influence on world economic and political processes according to a report in the Financial Times. .
"If we expa...
By Pepe Escobar
Samarkand, Uzbekistan - The historical Heartland – or Central Eurasia – already is, and will continue to be, the prime battlefield in the New Great Game, fought between the United States and the China-Russia strategic partnership.
The original Great Game pitted the British and...
By Evgeny Ogorodnikov
The ruble last week tested a three-digit value. True, it stayed at a level above 100 rubles per dollar for a short time, the very next day, in response to the loss of support by the ruble, the Central Bank held an emergency meeting and raised the rate immediately by 3.5 perce...