... is despite the fact that many of them are close allies of the United States. The decision to slow down production, taken by the forum in October, was merely a reaction to real market trends and not some kind of a political gimmick. Washington’s accusations against its own partners in some kind of “anti-American conspiracy” are merely another confirmation of the destructive nature of the current economic strategy of U.S. authorities. It also highlights the doctrinal crisis of the current model of capitalism, when the only thing the West can offer to the rest of the world is the far-fetched advantages of its own continued dominance.
The situation is aggravated by what happened to the
Nord Stream pipelines
. An attack ...
... the current economic system and while the question of attempting to avoid severe crises in the future will invariably feature in economic policy debates, the more realistic question on the agenda is whether it is possible to exploit the potential of crisis episodes to spur innovation. Indeed, the response of the business community to the unique conditions in the global economy elicited a significant capability to meet the challenge of the pandemic via adjusting to changes in demand. Airline companies ...
Perhaps the current crisis will contribute to transformation of the world economic benchmarks towards the prioritisation of the development of “human capital”, particularly healthcare and education
Perhaps the current crisis will contribute to transformation of the ...
While the crisis, caused by the spread of coronavirus is not all over yet (and unlikely to be for quite some time), we will be moving along the curve, with experience which may expedite the process of transformation and transition to a new market model, writes ...
The IMF’s diagnosis was that of a “synchronized slowdown” across the globe with the Fund revising its growth projection for global economic growth downwards and putting the 2019 growth estimate at the lowest level since the 2008-2009 financial crisis
This year’s Annual meetings of the IMF and the World Bank in Washington DC revealed a growing preoccupation with the mounting signs of a slowdown in the world economy. The IMF’s diagnosis was that of a “synchronized slowdown” across the ...
... favorable state of the global economy will most likely worsen considerably in the next 18 months to two years
As a country that has experienced a number of harsh economic shocks throughout its history, Russia constantly lives in anticipation of a new crisis. Recently, however, economists and investors around the world have been actively discussing the possibility of a crisis as a fairly likely scenario in the near future. Are there any real grounds for these discussions? And what might the consequences ...
...
This could lead to an escalation that would involve the United States and Russia, which has always been a concern during this crisis. Now that the American administration is about to change, there is a chance that things may ameliorate on that front, but ... ... prominent terrorist leaders such as Al-Baghdadi seem amazingly successful at this hide and seek game. It is impossible to forget how Usama Bin Laden evaded - admittedly with surprising effectiveness - the best efforts of the intelligence services of half the ...
... front of the coast of the USA, this time around the roles are reversed. Indeed, although in international relations there are hardly ever any instances where both parties involved don't share at least a small portion of the responsibility for a crisis – and arguably that also applies to the case at hand – the United States and their allies are the ones who firmly tip the scale in the escalation of the present situation.
The news that the USA are going to place their troops at 200 km from the Russian border – a measure which is totally unprecedented – is a strong indication that diplomatic solutions are not being effectively sought, at least not without throwing into the mix ...
