Energy & Economy

29

Aug

age increasing, Biotechnology Revolution, COVID19, economic crisis, Francis Fukuyama, Governance, world powers

Covid19’s gift to save the economic crisis of world powers

BY: Seyyed Alireza Behbahani PEJOURNAL - Nearly 20 years before Covid19 pandemic, speaking at a conference entitled "Biotechnology Revolution, Economic Concepts and Governance" in 2001, Francis Fukuyama addressed the implications of the biotechnology revolution, including issues such as the aging of citizens, the effect of age increasing and elderly on politics issues, genetic manipulation, and how management of government and even examines religion and biotechnology. Fukuyama also answers some questions. "The biotechnology revolution is more important in the future, … And I think they have very different concepts of governance. We have been able to find ways to increase human…

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12

Aug

Brexit, EU, Farming, Food, Security, UK

Farming and Brexit

BY: Navomee Ponnamperuma PEJOURNAL - In the UK, until the recent pandemic, Brexit was the most common topic of conversation. From immigration to sovereignty, it was a heavily contested topic with extensive media coverage. Nevertheless, amidst the chatter, one aspect of Brexit appeared amiss despite its economic and social value. British farming represents one of the UK’s largest manufacturing sectors, contributing an estimate of over £120 billion to the national economy. It provides a secure food system in the UK and generates employment in rural areas, as current figures show over 4 million people employed in this sector. Prior to…

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09

Aug

Asia, Belt and Road Initiative, China, Geoeconomics, geopolitics, Iran, One Belt One Road, Review, Russia, USA

A Review of 25-Year Iran-China Plan

PEJOURNAL - "Iran-China relations are not a simple bilateral relationship. It will be very important in the political system of the world and in our region, and for this reason it has opponents", according to the website of the Strategic Council on Foreign Relations, in the meeting held by the International Assembly of Muslim University Professors, Hossein Malaek, Iran’s former ambassador to China, said that China’s Serious Geopolitical Need for Iran He cited the lack of a model for the development of regular and precise and so-called organized relations as one of the weaknesses of all agreements between Iran and…

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05

Aug

China, trade deal, U.S.

China, U.S. to review trade deal, air other grievances on August 15: Reuters

PEJOURNAL - U.S. and Chinese officials will review the implementation of their Phase 1 trade deal and likely air mutual grievances in an increasingly tense relationship during an Aug. 15 videoconference, two people familiar with the plans said. U.S. Trade Representative Robert Lighthizer and Chinese Vice Premier Liu He, the principal negotiators for the two countries, will participate in the meeting, an initial six-month review of the pact activated on Feb. 15. The meeting plans were first reported by the Wall Street Journal. The U.S. Trade Representative’s office and the U.S. Treasury did not respond to requests for comment. Under…

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26

Jul

Belarus, China, Eurasia, Iran, Kazakhstan, Russia

The Game of Eurasia

BY: Daniel Ranjbar PEJOURNAL - The Eurasian Economic Union is a regional treaty signed in 2014 by the leaders of Russia, Kazakhstan and Belarus. A year later, in 2015, Armenia and Kyrgyzstan joined. The Eurasian Economic Union officially started its work on January 1, 2015. Eurasian countries now have an area of ​​20 million square kilometers and a population of more than 183 million, which is 5.2% of the world's population. On the day of the agreement, Russian President Vladimir Putin announced: “Today we have created a powerful and attractive economic growth center, a regional market that connects more than…

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25

Jul

Energy, Europe, gas, GERMANY, Nord Stream 2, Russia, USA

The Nord Stream 2 Russia-to-Germany pipeline; Increasing Tension Between the U.S. and EU

PEJOURNAL - Although the Nord Stream 2 Russia-to-Germany pipeline is 94 percent complete but Washington wants to keep it that way. A hulking Russian pipe-laying vessel called the Akademik Cherskiy can be seen off Germany’s Baltic coast these days,marine tracking sites say, apparentlywaiting for the chance to complete the final stretches of a massive undersea pipeline that will carry natural gas directly to Germany from Russia. The Trump administration, though, is trying to keep the pipeline, known as Nord Stream 2, on ice. Last week, the State Department moved to potentially impose economic penalties on investors and other business participants…

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24

Jul

Belt and Road Initiative, China, debt-trap, One Belt One Road

China’s debt-trap tactics: Same script, different cast

BY: Chaitra Arjunpuri PEJOURNAL - Ever wondered why India’s measure to ban China related apps and cancellation of Chinese contracts given for infrastructure development is praised and backed by other countries? China’s lending and investment policies, often disguised as help, in other countries have always resulted in “hidden debt” trap. This trap has pushed the economies of the borrowing countries to a worse than expected slowdown, one of the many problems associated with it. Over the past 20 plus years, China has become a major global lender, with outstanding claims exceeding over 5% of global GDP. It has given many…

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24

Jul

Corona virus, Dollar, IMF, the United States, US Federal Reserve

The United States Dollar at Risk of Sudden Collapse, Ex-IMF Official Warns

PEJOURNAL - With the United States expected to double down on its fiscal stimulus measures to mitigate the economic fallout from the corona virus pandemic, and the US Federal Reserve continuing its aggressive monetary policy easing, there is a rising risk of a sudden loss of confidence in the US dollar, according to a former senior executive with the International Monetary Fund (IMF), China Morning Post Reported. Zhu Min, who was deputy managing director of the IMF from 2011 to 2016, said the US dollar’s position as the dominant global currency was at risk of being eroded because of mounting…

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20

Jul

Brazil, BRICS, Chabahar, China, India, Iran, LNG, Oil, pejournal, Political Economy Journal, Russia, South Africa

Political Economy Journal: BRICS; Risk or Opportunity

BY: Daniel Ranjbar The BRICS countries flags PEJOURNAL - The BRICS countries are trying to get other countries that are almost in a similar situation to join the group in order to achieve their collective goals with more power. The group currently covers more than 40% of the world's population, including Brazil, Russia, India, China and South Africa. But one of the main problems of the BRICS countries in expanding relations and strengthening their position is the small number of members and the geographical distance of the member countries of this group. The BRICS group symbolizes the imbalance created by…

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14

Jul

Corona virus, COVID19, Crisis, foreign policy, Geoeconomics, Liberal economies, Liberalism, PANDEMIC

Foreign Policy: The Pandemic Could Be the Crisis Liberalism Needed

BY: Matt Warner* , Tom G. Palmer* PEJOURNAL - The world may be reaching a dangerous inflection point for liberalism. According to the latest reports from Freedom House, over the last 15 years the share of unfree countries in the world has risen while the share of free countries has dropped. Today, government deficits are spiking in response to the public’s demand for intervention to mitigate the economic impact of the coronavirus pandemic, and some warn that authoritarian leaders are seizing the opportunity to expand their control. Still, this may be a time when liberalism starts to gain ground, not…

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