Ekaterina Blinova US stock markets continued to plummet on 13 June on the prognosis that the Federal Reserve would raise interest rates by as much as 0.75% this week after… 14.06.2022, Sputnik International US traders and investors are overwhelmingly betting that the Federal Reserve “will hike hard and …
Read More »The Dilemmas of the Global South
Yaroslav Lissovolik As new trade barriers and restrictions are emanating from the advanced economies there is a stronger case for the affected emerging economies to compensate these adverse effects via greater openness of markets across the Global South. Developing countries have in fact proceeded to liberalize their markets …
Read More »Contemporary Bourgeois Thought
What is the point of philosophy in a contemporary capitalist world dominated by destruction and where humanity has been pushed to the edge of the abyss? Ideologues of capitalism create an illusion that the ruling relation to reality is based on a certain way of thinking, that it …
Read More »Africa’s Economy and the New Global Order
Kester Kenn Russia’s “special military operation” that was approved by State Duma and Federation Council, and directly aims at “demilitarizing and denazifying” the neighbouring former Soviet republic of Ukraine has shattered the global economy. The Ukraine crisis and its adverse impact and consequences is squarely blamed on Russia. …
Read More »Treaty on Prohibition of Nuclear Weapons as New Instrument in Nuclear Disarmament Process
Mukhtar Tilieuberdi On June 21–23, Vienna will host a historic event in the field of nuclear disarmament – the First Meeting of the States Parties to the Treaty on the Prohibition of Nuclear Weapons (TPNW). The entry into force of this treaty in January 2021 became a long-awaited …
Read More »Prospect of Global Economy: “Stagflation” or “Recession”?
Wei Hongxu Recently, there have been many different views on the changes brought about by inflation in the U.S. and the global economy. Regardless of those who are of the opinion that the inflation will persist, or those who believe that it is only temporary, most maintain high …
Read More »Why is SME Economic Sector Growth in Trouble?
Naseem Javed The Caution: Let this be clarified, new job creation demands a job creation mindset and not the job seeker mindset. What is the difference and what are the root causes of lingering economic problems of the free world? SME sector growth is a unique performance carried out …
Read More »World Bank forecasts uneven recovery in Middle East and North Africa
Economies in the Middle East and North Africa (MENA) region are expected to grow by 5.2% in 2022, the fastest rate since 2016, on the back of oil-price windfalls benefitting the region’s oil exporters. But heightened uncertainty surrounds this forecast due to the war in Ukraine and ongoing …
Read More »The Complexity of China’s Economy Along with Rising Prices
Wei Hongxu So far this year, the world has experienced a surge in inflation driven by rising energy and commodity prices in the post-pandemic environment, aggravated by global monetary easing and supply chain distortions. Inflation in the United States hit a record high of 7.5% in January. In …
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