Category: Economy, Finance

Iran: Petrol Price Riot

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Will the Iranians Have Patience for Long?   Vadym Volokhov Protests in Iran sprang up on Friday, November 15, when the government cut fuel subsidies and doubled petrol prices. The officials said that “this is a care for poor people, because the savings will be used to pay them financial aid”. According to the Iranian Fars news agency, rallies and mass demonstrations took place for three days in more than a hundred settlements. Fars news agency reported that the protests involved about 90,000 citizens, the vast majority of whom were men (82,000). Small groups of protesters attacked police, set on fire bank offices and shops, and some destroyed Muslim symbols. All in all, about 150 local…

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Ukraine Is lagging Behind Its Competitors in Relations with China

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Comparative Analysis of China’s Relations with Ukraine, Belarus, Kazakhstan and Russia in the Context of the “One Belt, One Road” Initiative   The global goal of the “One Belt, One Road” initiative has always been establishment of logistics routes to the markets for Chinese goods in the EU. In this context, the leadership of the PRC should pay particular attention to transit countries, through which, in fact, go the routes to Europe. In their turn, transit countries should be interested in establishing such cooperation, hoping for at least multibillion investments…

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St. Petersburg Economic Forum – 2019

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Victor Hvozd Will Russia’s Hopes for China Come True?   The leadership of the Russian Federation continues to take active steps to expand the circle of its foreign partners, which seeks to compensate for the USA and EU’s political and economic sanctions. In this regard, importance is attached to holding various international events to demonstrate the RF’s “attractiveness” and benefits of cooperation with it in the trade, economic, investment and other spheres. In particular, last week, the 23rd St. Petersburg International Economic Forum – 2019 – one of the most…

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China Is Making It to Europe from the South

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Roman Kot Despite the fact that the European Union remains one of the largest economic powers in the world, politically, European states failed to develop a single entity that would allow them to respond collectively to external or internal challenges. As a result, the EU is forced to step back and focus on one of two global powers: China or the United States. Traditionally, the established cooperation with the United States, especially within the framework of NATO, for a long time allowed Europe, under security umbrella, to care about the economy, not the army. At the same time, the…

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The Formation of a New World and the Crisis of Globalization

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Results of the World Economic Forum in Davos   Victor Hvozd Since the beginning of the 2010s, the main trend in the development of the geopolitical situation in the world has been the formation of a new multi-polar model of international relations. Thus, the USA’s sole leadership is being replaced by a new complex and dynamic system with several centers of power of the world and regional level. To date, the main ones are China, the United Europe, Russia, Japan, India, Brazil, South Africa and a number of other countries.…

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