trade

BRICS expansion; from unipolarity to multipolarity

Heraclitus was right when he said they you cannot win in the same river twice! No doubt the river would remain the same but the water that you dive in has flown and now you diving into new freshwater of the very same river.  The same is the problem or nature of the world and […]

China, Iran, and Saudi Arabia: linning from East Asia to West Asia

Iran-Saudi confrontation also sometimes referred to as the Persian-Arab conflict had deep historical roots that go back to the conquest of Persia by the Rashidun Caliphate in the 7th century resulting in the fall of both the Sasanian Empire and the Zoroastrian religion. Thus this term, Persian-Arab or Iran-Saudi conflict as nowadays used collates within […]

Eroding dollar or loss of US hegemony

Since its first print in 1914, the   US dollar is the yard on which both global politics and the world economy are measured.  In less than three decades, the US dollar featuring President Andrew Jackson became a reserve currency for other countries outside of the US.  After making the necessary institutional arrangements, the Gold standard […]

lets’ slowly bankrupt each other

(US-China trade war 2018-2019) The wars that are fought between two or more countries on the basis of their industrial and economic productions is termed as trade war.  In such wars the two sides and their allies or dependents follow such policies that protect or safeguard their domestic industries from the foreign strong competitors who […]

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