Heroes of Ukraine

«Market Leader» - news and previews making you rich.

Thursday, 23 May 07:51 (GMT -05:00)



Business And Politics News

The world is on the verge of another global race


International experts are commenting on the events taking place over the last few years. In particular, President and CEO of Atlantic Council Frederik Kempe believes that we are nearing another race between the world's biggest superpowers.
 
At this point international investors are concerned about the escalating economic tensions between the USA and China. However, as for international observers, they should not be distracted from studying a new reality, which is round the corner and has been created over a pretty long period.
 
According to the U.S. Department of Defense, one of the biggest challenges today is getting back to the global race with Russia and China. The expert assumes that this is a major problem rather than a challenge since quite a lot has changed since the previous race between the USSR and the USA
 

Фредерик Кемп

The situation has really changed and the new race seems to be taking place under a completely different set of conditions and in a completely different environment. Essentially, the political forces are now undergoing a stress test within the scope of a zero-sum game. On the other hand, the confrontation is going on within the scope of a global system full of close inner ties, much tighter and more complicated than those seen during the cold war in the last century. The specifics of this confrontation could be seen a couple of months ago, when China participated in the military exercise arranged by Russia. Chances are, the USA uses the trade conflict with China to hint at the existing problem of the alliance between Russia and China.
 
At the same time, Donald Trump seems to be trying to resist the rising global pressure coming form China. This problem made the USA make up with the European Union in terms of their trade relations. On top of that, President Trump is close to signing an energy agreement with the Philippines. Even though it may seem that those events have nothing to do with each other, Mr. Kempe thinks these are the links of a single chain. When chained together, all of them prove that a new era is round the corner. 
 
The new environment is building amid a range of key factors, including the economic competition between democracies and their adversaries. Nationalist and populism are also affecting the situation, not to mention the technological achievements (including artificial intelligence) seen over the last decade. 
 
Under such circumstances, all major political decisions matter a lot because they may have major consequences further down the road. Yet, it's really hard to predict the consequences amid a constantly changing global environment. It holds especially true for the decisions made by the political powers of Russia, China, and the USA.
 

 

You are free to discuss this article here:   forum for traders and investors

 

Add to blog
Got a question? – Ask it here »
 

WTO Lowers Global Trade Growth Forecast

 WTO experts are reported to have revised their forecast for the pace of global trade growth. The renewed forecast names figures below the previous ones - 2,6% against 3,7%. It's also interesting to note that the previous forecast for 2018 failed to match the actual figures.

 
Publication date: 19 May 02:58 AM

How to Protect Investment Capital in 2019?

Existing political and economic risks are pushing international investors into thinking about the security of their investment capital. Chasing big profits becomes secondary to this kind of security.

Publication date: 31 March 11:26 AM

EU Comes Up With Workaround to US Sanctions

The representatives of Germany, France, and the UK have registered a company to let it trade with Iran despite the US sanctions. The company still needs to be approved by 28 EU members.

Publication date: 31 March 02:33 AM

Beijing and Washington are getting ready for the final talks

Publication date: 17 February 08:58 AM

US-China Trade War Reaches Next Level

Washington and Beijing have announced a new round of talks. International experts say that the trade war is indeed going to a whole new level.
Publication date: 08 January 10:17 AM

Roma May Drag Moscow and Brussels Into Major Financial Crisis

International experts are trying to evaluate the situation in Italy. Some of them are convinced that the EU is not going to save the Italian populists. For those of you who don't know the details, in October, the European Commission rejected the draft budget devised by the new Italian government. This means that the draft budget needs to be improved in order to approved.
Publication date: 19 December 11:48 AM

USA Strikes Iran Again

As you probably know, a couple of weeks ago, the United States imposed a new round of sanctions on Iran. International experts say that the package includes 700 new points, including an embargo on the import of crude oil from Iran. It's interesting to note that the sanctions will touch upon some other states as well. Some temporary exception are said to have been maid for 8 partners of the USA.
Publication date: 29 November 12:04 PM

Trump Offers Putin to Compete for Multi-Polar World, Eggert Says

According to Konstantin Eggert, a Russian journalist writing for Deutsche Welle, Donald Trump is offering his Vladimir Putin to compete for a multi-polar world, but on American terms. In particular, he highlights the fact that many international experts started panicking when finding out that the USA had withdrawn from the missile control treaty with Russia. They say that this is the end of the strategic partnership between the United States ans Russia and the disruption of the nuclear arms control system created decades ago.

Publication date: 29 November 11:07 AM

Trump Wants More Control Over the Fed Since It's Too Independent

Donald Trump seems to have confirmed his authoritarian style of governing the state. If he has his way, he would probably turn himself into a king instead of a president. What are the reasons to think this way about the American president?

Publication date: 31 October 11:46 AM

Google Introduces Home Hub for $149

Google Corporation has released a couple of new devices, including several smartphone and a display named Home Hub. For those of you who don't know, Home Hub was introduced a couple of days after Facebook launched its first gadget - a smart screen. This device is designed to consume audio and video content from certain resources. It support voice control and is adjusted to the user's location. So, what is so special about Google Home Hub?

Publication date: 31 October 10:16 AM