While G7 shares their wisdom, some 100 additional national leaders are also desperately trying to get their economics in order. Visible damages are the lack of productivity, performances and profitability across the national SME sectors, reducing exports, growth and job creation sharply. With little or no specific economic solutions …
Read More »Economic Sanctions As An Act Of War
Devansh Kawshik The outbreak of the Russo-Ukraine war in 2022 saw the imposition of one of the most comprehensive international economic sanctions on any country in history. These sanctions were expressly aimed to damage the Russian economy, pressure its population and force its leaders to cease hostilities against …
Read More »Digital Economy Development in China Shifts the Focus to the Production Side
Wei Hongxu Just recently, China’s Central Commission for Comprehensively Deepening Reform reviewed various plans for data system, including a guideline on building the basic systems for data and making better use of data resources. The central government’s layout from the construction of the basic system of data is …
Read More »McKinsey Poll: Most Europeans Switching to Cheaper Goods in Wake of Higher Inflation
Tim Korso French media outlet BFM TV has reported that consumers are opting for cut-price options in groceries, such as buying discounted products close to their… 30.05.2022, Sputnik International Europeans in five countries have altered their consumer patterns in the face of decades-high inflation levels which have become …
Read More »Soaring US Inflation & Looming Recession Are Bifurcating Democrat Support, Economist Says
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 …
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