If every currency is a consensual delusion, then bitcoin, a digital cryptocurrency that changes hands over the internet, feels more like a consensual hallucination on psychedelic drugs. Read Here – The Atlantic Also Read: Why Bitcoin Fever Is A Bubble Waiting To Burst
In July 2016, the Pakistani senate was informed that the armed forces run over 50 commercial entities worth over $20 billion. Ranging from petrol pumps to huge industrial plants, banks, bakeries, schools and universities, hosiery factories, milk dairies, stud farms, and cement plants, the military has a finger in each pie and stands today as […]
With coalition talks having collapsed, the country and the continent are now wondering what happens next. Blame is being heaped on the FDP, but the party could end up suffering mightily. Germany and Europe, meanwhile, are the biggest losers. Read Here – Der Spiegel
In many ways the story of Africa in the 21st century is one of success. Great strides have been made tackling diseases such as HIV/AIDS and malaria. A baby born in Africa today is less likely to die young, and more likely to go to school than one born in 2000. Life expectancy at birth […]
For the first time since 2010, the world economy is outperforming most predictions, and we expect this strength to continue. Our global GDP forecast for 2018 is 4.0%, up from 3.7% in 2017 and meaningfully above consensus. The strength in global growth is broad-based across most advanced and emerging economies, says a Goldman Sachs report […]
The United States’ loud complaints about the Chinese currency’s exchange rate, a thorny issue in the two nations ties over the past decade, have quietly faded away since Donald Trump became US president. Read Here – South China Morning Post
Conflicts in the Middle East, whether in Iraq, Lebanon, Syria, or Yemen, share a common factor: the rivalry between Iran and Saudi Arabia. For years, this rivalry has inflamed violence in areas already torn by war and created new battlefields where there had been relative peace before. Read Here – Foreign Affairs
It was not an ordinary statement or pledge; not only because it was made by Crown Prince Mohammed bin Salman, but also because of what it implied — and it was followed only two weeks later with an exceptional, earth-shattering move. Read Here – Arab News
In most Asian capitals, as in Washington, Trump’s arrival in the region for an 11-day trip has prompted acute anxiety about what he might say or do. This is especially true regarding trade issues and North Korea, the two focal points of the U.S. administration’s still-nascent Asia policy. But in Beijing, Xi and the rest of the […]
As the Trump administration works out the specifics of its strategy to contain Iran, China is looking for ways to bring Iran into the global system. After the recent party congress, which cemented President Xi Jinping’s grip on power, those efforts will likely take the form of the completion of his most ambitious foreign policy plan, the […]
