Category: Business

From Ankara to Moscow, Eurasia integration is on the move

The Russia-led Eurasia Economic Union is spreading its wings and gaining strength, with some key projects, big players and big plans in the pipeline By Pepe Escobar As presidents Vladimir Putin, Hassan Rouhani and Recep Tayyip Erdogan met in Ankara for a second Russia-Iran-Turkey summit on the future of Syria, Moscow hosted its 7th International … Continue reading From Ankara to Moscow, Eurasia integration is on the move

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The rise of Silicon China

The bases for artificial intelligence will be in China, where there are many big tech firms. Tencent and other firms’ massive centralized platforms give them an edge for AI research and development By Marion Laboure, Haiyang Zhang and Juergen Braunstein In the future, if not already, the Silicon Valleys of artificial intelligence (AI) will be … Continue reading The rise of Silicon China

China, Philippines seek to share South China Sea

Proposed joint development agreement for contested area's oil and gas underscores diplomatic warming trend but faces legal hurdles and political risks By Richard Javad Heydarian China and the Philippines are now considering a series of resource-sharing agreements in the South China Sea, the latest development in a diplomatic warming trend that has reset the disputed … Continue reading China, Philippines seek to share South China Sea

Trade and Iran: Trump/Bolton may push Europe into China’s arms

By Emanuele Scimia   US President Donald Trump may be playing with fire. His administration has exempted the European Union from heavy duties on imported steel and aluminum. The exemption will last until May 1. A few days later, on May 13, Trump must decide whether to waive sanctions on Iran pursuant to the Joint … Continue reading Trade and Iran: Trump/Bolton may push Europe into China’s arms

Russia’s Far East accounts for a quarter of national FDI

Long overlooked, the vast region is starting to draw overseas investor interest, although analysts say a recent government report is over-optimistic Russia’s resource-rich and sparsely populated Far Eastern region is – perhaps surprisingly – gaining in popularity with foreign investors. The region accounted for about a quarter of all foreign investment into sanctions-hit Russia in … Continue reading Russia’s Far East accounts for a quarter of national FDI