: The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S., November 22, 2019. REUTERS/Angus Mordant/File Photo

Japan’s Oil Diplomacy: Navigating the Complexities of the Israel-Palestinian Conflict

Japan's response to Hamas attacks on Israel has been influenced by concerns about energy security and its diverse diplomatic interests in the Middle East. Initially, Japan remained neutral, but its hesitancy may complicate its stance with its G7 peers. Japan's...
US-China tech war

Biden’s Strategic Move: Restricting China’s Access to Nvidia Chips and Extending Curbs to Global Frontiers

The Biden administration is set to halt shipments of advanced artificial intelligence chips to China, as part of a series of measures to prevent Beijing from receiving advanced U.S. technologies to strengthen its military. The rules, set to take effect...
China property crisis

China’s Country Garden: Navigating the Impending Offshore Debt Default

China's largest private property developer, Country Garden Holdings, is close to defaulting on its $11 billion overseas debt but is yet to make a coupon payment to bond investors. This would be the latest in a series of Chinese developers...
US economy

Surpassing Forecasts: US Retail Sales Propel Third-Quarter GDP Growth Expectations

Washington US retail sales increased more than expected in September, driven by increased motor vehicle purchases and spending at restaurants and bars. This data supports expectations of economic growth accelerating in the third quarter. However, the Commerce Department report suggests...
Supply Chain

Revolutionizing the Industry: Groundbreaking IPEF Supply Chain Agreement

The first agreement negotiated as part of the Indo-Pacific Economic Framework for Prosperity (IPEF) has been released, providing concrete insights into the potential of the agreement to enhance the region's economic architecture. The agreement focuses on supply chain resilience, aiming...
Soya bean seeds

Unleashing the Potential: GM Food Crops and India’s Expansive Agriculture

India, the world's second-largest producer of rice, wheat, vegetables, and fruit, is a country that multinational corporations involved in genetically modified (GM) crops cannot ignore. GM crops can boost plant resistance to pests, help grow in difficult conditions like drought,...
International Monetary Fund (IMF)

IMF’s Confrontation with China: A Diplomatic Encounter in Morocco

The annual IMF/World Bank meetings in Morocco have been the most confrontational yet by US/NATO diplomacy towards China and its BRICS+ allies. The issue is not rivalry, but rather the world's support for US unipolar dominance or a multipolar philosophy...
Coal Industry

Coal Industry’s Looming Crisis: China and India’s Massive Workforce Vulnerable by 2050

India, the world's second-largest coal producer, is facing potential layoffs of 73,800 direct workers by 2050, according to a report by state-owned Coal India. The report suggests that close to a million coal mine jobs, or more than a third...
Oil

Arab Embargo: Weaponizing Oil, Inflicting Economic Trauma

Fifty years ago, Saudi King Faisal and other Arab leaders launched an oil embargo in 1973 as a payback for Washington's support for Israel in its war with Egypt and Syria. The embargo arose from a pact between Faisal and...
Zimbabwe

Zimbabwe’s Economic Meltdown Fuels Worker Exodus

Zimbabwe's economic meltdown has led to a surge in mass migration, with neighboring South Africa reporting an average annual increase of nearly 31,000 Zimbabwean immigrants in 2018. This is a significant increase from the previous year, when the country was...
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