The principle governing the world oil market is, simply put, supply and demand. When there is a balance between supply and demand in the oil market, prices remain stable. Based on assessments by geopolitical theorists, an open conflict in the Strait of Hormuz, and even the threat of a possible conflict, can have dangerous consequences for energy security, and, consequently, ...
In Hong Kong, the riots were temporarily suspended, during which dozens of police and demonstrators suffered. After mass protests in June, the government suspended changes in the law on extradition to mainland China. Also Hong Kong leader says sorry as protesters insist she quits. However, despite the concessions of the authorities, on June 16, protesters are again on the streets demanding ...
The Trump Trade War What began with imposing tariffs on steel and aluminum is escalating into an all-out Trump Trade War. U.S. relations with the People’s Republic of China are approaching boiling point after President Trump’s declared a national emergency and outright forbade American companies from doing business with the Chinese tech giant, Huawei, last week. Although Trump ...
Is the US mobilizing the armed forces against Iran? The situation in the Persian Gulf heated up dramatically this week. The United States has increased its military presence in the region and advised their citizens in Arab countries to remain vigilant. On the 6th of May, the US sent a naval strike group (the aircraft carrier USS ‘Abraham Lincoln’ and ...
Recently, FBI Director Christopher Wray declared that the greatest danger to the US is from Beijing, not Moscow. Director Wray: No country poses a broader, more severe intelligence collection threat than China. China has pioneered a societal approach to stealing innovation in any way it can, from a wide array of businesses, universities, & organizations. — FBI (@FBI) April 26, ...
George Soros, a financier and sponsor of color revolutions, attacked China at the recent Davos forum. Soros accused Chinese leader Xi Jinping of being an “opponent of open societies,” and criticized US President Donald Trump for “concessions to Beijing.” The billionaire said that China is the richest, the most powerful and the most technologically advanced of all the “authoritarian regimes ...
Europe Preparing for Brexit On November 25th, a summit on Brexit was held by EU leaders. The attendees approved British Prime Minister Theresa May’s Brexit plan which had been previously agreed upon by the European Commission and the UK government. However, the adoption of this document caused uproar within the UK and cost May two ministers who resigned in protest. ...
China is poised to become the world’s new superpower. Today, it is the second most powerful economy in the world and according to analysts and economists, it will become the first in the coming decade. To do this, China does not need to make any special efforts: its current growth rate will automatically lead it to success. For obvious reasons, ...