A new financial crisis may be coming up in the emerging economies that could cause much more damage than 2008 - that is what a World Bank report says after having analysed the international transactions of the central banks of most major economies ( Read more... )

It's nice when you're swimming amidst tons of cash, right?

Belt and Road Initiative: China Plans $1 Trillion New ‘Silk Road’

It's got all in this plan: ports, power plants, power grids, telecommunications networks, roads, railways, bridges, transport hubs, transport manufacturing (train/ship builders) etc.

Here's a nice colorful map of it all:


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Trump: Crimea was 'taken' by Russia

'We don't return our territories' Russia responds to US call to return Crimea to Ukraine

See, Trump is the perfect bluffer. Don't you ever sit on a poker table with him, ever.

While the US and global progressive community, Apple, Microsoft, Google et al are hurling criticism at him because of his ridiculously ( Read more... )

Originally posted by debunkgpolitics at China Captured U.S. Underwater Drone
The Economist (issue 12/24/2016-1/6/2017, page 53 ( Read more... )

...to bring on the Rapture.

http://www.bbc.co.uk/news/world-asia-china-38194371

https://www.theguardian.com/world/2016/dec/03/china-donald-trumps-taiwan-phone-call-complaint-us

https://www.theguardian.com/us-news/2016/dec/03/gaffe-or-provocation-donald-trumps-taiwan-phone-call-affects-global-stabilityGotta love the Donald when he's on this sort ( Read more... )

Case-in-point as per the monthly topic: The Philippines. Their bombastic president Rodrigo Duterte has become prominent for showing the middle finger to America, actually calling Obama a sonofabitch, and generally turning his back on the US interests in the Pacific. Last month he ordered a halt to his nation's long-time military alliance with the ( Read more... )

This spring the euro dropped to a 12-year low, and recently the slump against the dollar was nearing 15% compared to the beginning of the year. At this background, the decision of the People's Bank of China to depreciate the Yuan by nearly 2% a couple of weeks ago shouldn't be such a big shock. And yet, that move did send ripples across the finance ( Read more... )

Originally posted by politic_zone at ISIS frightens China?
Even powerful sees threat for Asia region. I found a chinese magazine in NZ. According to the translation, it is talked about possible invasion of ISIS in asian territories.

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Last month the lower chamber of the Diet, the Japanese parliament, became a scene of big drama. Opposition politicians were holding protest signs and chanting, "No to war!" At the square outside, tens of thousands were screaming for Abe's resignation, and "Stop the fascists!" Seeing these sort of reactions, an outside observer could've thought that ( Read more... )

The fact that China is building stuff hectically is hardly news to anyone. But here we won't be talking of skyscrapers in the crowded megapolises, but artificial islands in the hotly contested South China Sea.


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