It seems that everything is going wrong for regional integrations. South America’s MERCOSUR trading bloc has completely stopped functioning, due to the marginalisation of Venezuela which currently holds the presidency of the Common Market, but that no one is following anymore. Another alliance currently chaired by Venezuela, the much less known NAM (Non-Aligned Movement), is […]
The world has been seeking a substitute for its reliance on the dollar since 2008. The dependency has been so strong, that it has taken almost a decade for a solution to be drafted. Strangely, this solution came from an institution perceived by some as obsolete, until China took the trouble to bring it back […]