Creating a multipolar world - one can easily say that this is becoming the main priority of many emerging markets. But why? Taking into consideration that there is a structural imbalance in the current world order that permeates into almost all spheres of human life, it’s no surprise that the rising economic superpowers are not going to take this lying down. Nowadays, even the market of credit ratings has been tainted by political interests. The so-called Big Three credit rating agencies:...
Search: Financial dependancy (2 materials)
The idea of creating a common currency for the BRICS nations has been brought up numerous times throughout the past year. With the establishment of new alternative financial institutes that are supposed to counterbalance the existing IMF and World Bank, this initiative may not seem as far-fetched and unrealistic as before. However is this really the only way to guarantee less dependency on the economic reign of the dollar and euro? In an interview with the Russia&India Report Oleg Sienko, Director...
Korean Peninsula Crisis Has no Military Solution. How Can It Be Solved?
Demilitarization of the region based on Russia-China "Dual Freeze" proposal 36 (35%) Restoring multilateral negotiation process without any preliminary conditions 27 (26%) While the situation benefits Kim Jong-un's and Trump's domestic agenda, there will be no solution 22 (21%) Armed conflict still cannot be avoided 12 (12%) Stonger deterrence on behalf of the U.S. through modernization of military infrastructure in the region 4 (4%) Toughening economic sanctions against North Korea 2 (2%)