Myanmar a perfect fit on China’s Belt and Road

Four priority BRI projects in Myanmar promise to make China a balance-of-power tilting Indian Ocean force by Bertil Lintner If the four most important of 33 agreements Xi signed with his Myanmar hosts during his tour are actually implemented – a big if considering BRI’s spotty follow through on ballyhooed projects – they would have … Continue reading Myanmar a perfect fit on China’s Belt and Road

India is now the world’s 5th largest economy

Data from the IMF shows India has risen to become the world’s fifth largest economy, when ranked by nominal GDP.India, in this ranking, has leapfrogged France and the UK.Despite its growth, challenges remain, from sustainability to infrastructure. India became the world’s fifth largest economy last year, according to data from the IMF’s October World Economic … Continue reading India is now the world’s 5th largest economy

Location, location, location: Why Russian LNG can beat competition from US & Australia?

Russia’s geographical position makes its exports of liquefied natural gas (LNG) more profitable and competitive with American and Australian supplies, according to Russia’s Energy Minister Alexander Novak. Russia ships most of its LNG (around 69 percent) to Asian markets, where the bulk of global LNG supplies are sent. The country could also export its LNG … Continue reading Location, location, location: Why Russian LNG can beat competition from US & Australia?

The Future of Banking

How open banking can transform the financial industry Authored by: Pascal Hügli  As the saying goes, “What goes up must come down.” In this case, the ‘what’ are the stock prices of Swiss full-service banks like UBS and Credit Suisse, which are down 50 to 80 percent since the 2008 financial crisis. The plight of these … Continue reading The Future of Banking

Iran Is China’s Secret Weapon for Killing off the US Dollar’s Global Reserve Status

Federico Pieraccini There is a strong current of change affecting the international political arena. It is the beginning of a revolution brought on by the transition from a unipolar to multipolar world order. In practice, we are faced with the combination of several factors, including the application of US tariffs on Chinese exports, Washington’s sanctions … Continue reading Iran Is China’s Secret Weapon for Killing off the US Dollar’s Global Reserve Status