Category: China
As we all know, Donald Trump kicked off the reinvention of trade relationships by imposing customs barriers on steel and aluminium. In addition to the duty of protecting this industry and the jobs connected with it, he was motivated by the strategic nature of this sector which is intrinsically linked to the army. Economy, employment, […]
The ‘yellow vests’ (FR),[1] the pro- and anti-Brexit protests (UK),[2] the German political crisis (DE),[3] the Catalan independence movement (SP),[4] the budget battle (IT),[5] the labour law reform (HU),[6] the Marrakesh agreement and ministerial reshuffle (BE)[7]… the European element in the increasingly violent crises currently feeding the national news is striking. Disclaimer: We recommend that […]
China’s decision to introduce in 2018 the gold-convertible petro-gazo-Yuan currency is an important step in the process of internationalisation of the Yuan. It confirms the will of Beijing (asserted for a decade already) to impose the Renminbi (official name of the Chinese currency) as new global reference currency. In October 2016 the IMF decided to […]
As we all know, Donald Trump kicked off the reinvention of trade relationships by imposing customs barriers on steel and aluminium. In addition to the duty of protecting this industry and the jobs connected with it, he was motivated by the strategic nature of this sector which is intrinsically linked to the army. Economy, employment, […]
Europe’s out-of-time love for low-cost air carriers Europe is in love with low-cost air transport. Over the past few years the low-budget end of air transport has boomed, globally and in Europe alike. The sector grows as fast as few others. More people than ever choose air transport over railways, despite the fact, that Europe […]
The world’s biggest oil importer, China is preparing to launch gold-backed Yuan-denominated oil futures, possibly creating the most important Asian benchmark in the oil sector, allowing oil exporters to switch from US dollar-denominated assets by transactions in Yuan[1]. To make the Yuan-denominated contracts more attractive, China plans to have the Yuan fully convertible into gold […]
End 2017/early 2018, all major Western Central Banks will be putting a final stop to the 2008 crisis-related unconventional monetary policies, namely the famous quantitative easing policies (QEs) which enabled to provide liquidity to those banks which saw their mutual confidence for borrowing collapse in the aftermath of the subprime crisis. Fiscal QE in rich […]
Qatar, North Korea, the Baltic Sea, risk of a World War III… and all the military ranting mentioned in the media lately, are issues going hand in hand with the programmed and imminent advent of the catastrophic scenario for the dollar as a unique world reference currency: the Petro-Yuan will be in place at the […]
Since Deng Xiaoping, in the ’70s, gave top priority to economic development[1], China has made tremendous sacrifices. Having worked hard and cheap and polluting its country, it soon became the workshop of the world. But all those sacrifices were not in vain. Barely 15 years later for instance, in 1993, Shanghai was able to launch […]
Since November 8, 2016, India has created a monetary revolution of a magnitude never seen, both by the size of the population concerned and the depth of the transformation induced. By demonetising the biggest notes of 500 and 1000 Rs (rupees), the Indian government is trying to reintegrate into the official economy the state’s gigantic […]
As we have already discussed and explained before, the crisis is now taking a more geopolitical form. Does this mean that the economic-financial crisis is over? No one will accuse us of having pretended that. If need be, we can confirm that the crisis is always there, always vivid, and it is in perfect shape […]
Even though it was considered a global model, at least since Tocqueville and his book Democracy in America (1835), the US democracy is currently on the verge of a major turning point. This shift seems to be the result of the total lack of updating in American politics, the self-proclaimed paragon of global democracy… (Read […]
Our team has chosen to place 2016 under the sign of a “general strategic retreat”, affecting all levels of social organization, starting of course with the national levels, but not only. This retreat (or fallback) will not yet represent in 2016 the end of the global mobility, of the international exchanges or of the internet, […]
US business schools, once considered as being the best management training institutes, are today witnessing a decline in trust and market value of their degrees. The failing state of the US business school model is due to many factors ingrained into its management, curricula and non-performance of the primary duties of educational institutions…(read more in […]
We have repeatedly analyzed that only the regional powers would be able to restore calm in the Middle East and resolve the Daesh issue, the common enemy on which (almost) everyone has agreed. However, we have stated that the US or Russian interventions would only have the effect of exacerbating tensions. Repeatedly missed opportunities Suffice […]