Search: Financial dependancy (2 materials)

Credit Agencies And Objectivity (Or The Lack Thereof)

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:...


BRICS - Is A Common Currency Such A Good Idea?

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...


Poll conducted

  1. In your opinion, what are the US long-term goals for Russia?
    U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements  
     33 (31%)
    U.S. wants to deter Russia’s military and political activity  
     30 (28%)
    U.S. wants to dissolve Russia  
     24 (22%)
    U.S. wants to establish alliance relations with Russia under the US conditions to rival China  
     21 (19%)
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