China plans another multibillion-dollar spending spree

Beijing announces plans to boost infrastructure investment despite debt crackdown and escalating trade tensions with the US By Gordon Watts It appears the best way to avoid a debt trap is to keep on spending. At a meeting of the State Council, the de facto cabinet of the Chinese government, plans were rolled out to … Continue reading China plans another multibillion-dollar spending spree

Advertisements

Explaining Turkey’s interest in BRICS

By Altay Atli Recent summit of the leaders of the BRICS countries held in South Africa had a number of guests from non-member countries, evidence for the grouping’s conscious efforts to create an effective mechanism of cooperation with other developing countries. One of these guests was Turkey’s president, Recep Tayyip Erdoğan, who represented not only … Continue reading Explaining Turkey’s interest in BRICS

How BRICS Plus clashes with the US economic war on Iran

Rhetorical war has far-reaching consequences, including a potential economic slump via the disruption of global oil supplies By Pepe Escobar The key take away from the BRICS summit in Johannesburg is that Brazil, Russia, India, China and South Africa – important Global South players – strongly condemn unilateralism and protectionism. The Johannesburg Declaration is unmistakable: … Continue reading How BRICS Plus clashes with the US economic war on Iran

China builds a wall of BRICS to help counter US trade war barrier

The bloc has now morphed into a key political and economic organization fueled by China’s global expansion drive By Gordon Watts Only the Chinese could turn an acronym into a trading bloc. On Wednesday, the BRICS summit will get underway in Johannesburg and top of the agenda for Brazil, Russia, India, China and South Africa … Continue reading China builds a wall of BRICS to help counter US trade war barrier

Imran Khan’s Greatest Test

Neil Clark The first time I saw Imran Khan he was a young student playing cricket (very well), for Oxford in the University Parks in the 1970s. The next, around forty years later, was when he signed my copy of Wounded Tiger - a History of Cricket in Pakistan, at my friend Peter Oborne's book … Continue reading Imran Khan’s Greatest Test