Another reality is that the multi-polarity global order and the rising influence of the global East and global South led by BRICS+ will result in multi-order parallel institutions and, even currencies which would be more complementary, but at the expense of the West and the dollar. Already ...
2) Will it reduce carbon leakage and induce non-coalition countries to significantly reduce their carbon emissions to meet global emissions goals? 3) How can we construct a cooperative international agreement for climate objectives that successfully addresses the free-rider problem and can be ...
Saudi will not dump the U.S. dollar entirely, but it would be disastrous to the U.S. even if the kingdom opens to selling its crude oil inother currencies.And if Iran, which has the world’s second largest gas reserves, also joins BRICS and sell its commodity...
The number one reason why startups sell to bigger companies is that they get access to deep pockets. Most startups fail in their formative years due to lack of cash. Acquisition by a giant industrial age corporation guarantees that the lack of cash will not really be a problem. This allo...
This will cause the banks to buy 1 trillion dollars of China Mobile stock. Consequently, the PBoC will print a trillion dollars of RMB and sell it for dollars in FX to keep the RMB pegged to the buck. The Yollar tanks against all other currencies. The BRICs and small Asian countries eli...