Economics

By Kester Kenn Klomegah Under Russia’s BRICS Chairmanship 2020, President Vladimir Putin will host Heads of State of Brazil, China, India and South Africa via videoconference on 17 November. Initially planned to take place in St. Petersburg in July, it was cancelled due to current coronavirus… »

Berlin is again seeking access to the world’s largest lithium deposits located in Bolivia – after having supported the putschists. Following the presidential elections in Bolivia, the German government and business circles hope to have direct access to what are presumably  the world’s largest lithium reserves. Already at the… »

By Kester Kenn Klomegah Despite its large population of 1.5 billion which many have considered as an impediment, China’s domestic economic reforms and collaborative strategic diplomacy with external countries have made it attain superpower status over the United States. While United States influence is rapidly fading away, China has… »

The US Department of Justice (DoJ) has filed an antitrust lawsuit against Google for unlawful monopolisation. The department says Google’s conduct harms competition and consumers, and reduces the ability of new innovative companies to develop and compete. It’s the most important monopolisation case in the US since 1998, when… »

The Panama Papers leak exposed how some of the world’s richest people hide their money. German prosecutors are looking for those behind the law firm at the center of the tax haven scandal. Prosecutors in Germany have issued international arrest warrants for the cofounders of a Panama-based law firm behind… »

This story could be a classic example of entrepreneurship, one that we see all the time on TV screens, especially in bank advertisements that offer easy credit, but it is much more than that: it contains empowerment, training and, above all, hope. The central character of this story is the… »

By Kester Kenn Klomegah Largely dictated by the results of the first Russia-Africa summit and the persistent harsh economic sanction by the United States and European Union, Russia is seriously reorganizing towards increasing economic prints in Africa. Russia is, indeed, putting its house in order, identifying strategies… »

By Countercurrents Collective China’s top diplomat has urged neighboring states to guard against Washington’s geopolitical ambitions in Asia and called for regional cooperation to thwart foreign provocations in the South China Sea. Media reports said: Wang Yi, Chinese Foreign Minister, said during a joint news conference with his Malaysian counterpart… »

While the ongoing Corona pandemic continues to threaten millions of lives around the world, the first half of 2020 saw an unprecedented decline in CO2 emissions – larger than during the financial crisis of 2008, the oil crisis of 1979, or even World War II. An international team of researchers… »

Foreign investors and multinational companies have been pushing countries like India to become food-import-dependent and divert land devoted to food grain toward crops that imperialist countries can’t grow. By Prabhat Patnaik The two bills rushed through India’s parliament on September 20 were objectionable in every conceivable sense. The very… »