De-Dollarization & Disintermediation – Russian Mobile Phone Operator Issues First Blockchain-Backed Bond

For months now Russia has been moving into the blockchain space in a serious way. I’ve talked about these moves in previous articles(here, here and yes, even here) But, the latest news is one that should have every one stand up and take notice. Russian Mobile phone operator, Megafon, issued RUB500 million in zero-coupon blockchain-based bonds recently. This was purely a … Continue reading De-Dollarization & Disintermediation – Russian Mobile Phone Operator Issues First Blockchain-Backed Bond

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ALEKSANDR DUGIN – ECONOMY AND MULTIPOLARITY

From the book “Theory of the Multi-polar World”, Chapter “Theoretical basis of the Multi polar World” – Economy   According to the rules of modern discourse, no theory or project is exempt from an economic program and to follow its calculations and estimates. It is natural to ask the following question: on what economic model … Continue reading ALEKSANDR DUGIN – ECONOMY AND MULTIPOLARITY

South Korea introduces world’s first ‘robot tax’

South Korea has introduced what is being called the world’s first tax on robots amid fears that machines will replace human workers, leading to mass unemployment. The country will limit tax incentives for investments in automated machines as part of a newly proposed revision of its tax laws. It is hoped the policy will make up for lost income … Continue reading South Korea introduces world’s first ‘robot tax’

Standard & Poor’s China rating downgrade makes no sense

By Ken Moak How any supposedly objective credit-rating agency downgrades a country’s creditworthiness when its financial position is stronger and more stable than those of the developed countries, as Standard & Poor’s did recently, is beyond comprehension. This author has noted in response to a previous downgrade by Moody’s Investors Service that China’s total debt-to-GDP ratio was … Continue reading Standard & Poor’s China rating downgrade makes no sense

Unravelling the riddle of the Kurds’ Iraqi pipe-dream

Masoud Barzani has overplayed his hand – no regional powers are going to assent to partition of Iraq By Pepe Escobar Wily clannish capo Masoud Barzani, president of the Kurdistan Regional Government (KRG), has announced that “Yes” won non-binding independence referendum. Now that index fingers in indelible indigo ink are out of the way, the real … Continue reading Unravelling the riddle of the Kurds’ Iraqi pipe-dream