Energy & Economy

08

Jul

Bank of England, COVID19, Gold, Guaidó, Nicolás Maduro, United Kingdom, VENEZUELA

Political Economy Journal: Piracy in 21st Century

BY: Valeria Rodriguez PEJOURNAL - The United Kingdom and Venezuela are in a legal conflict over the Bank of London's refusal to the government of Nicolás Maduro who requested the repatriation of $ 1 trillion in gold bars found in their vaults. The Central Bank of Venezuela had to resort to legal actions so that the gold, which the Bank of England held in its name, was released to be able to spend it in the coronavirus crisis of the Latin American country. It should be noted that in May of this year, Venezuela agreed with the United Nations to…

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06

Jul

COVID19, Europe, financial crisis, PANDEMIC

Is Europe ready to face this new financial crisis?

BY: Elena Lazzaro* , Luca Carelli* PEJOURNAL - The Covid-19 crisis has shaken the global economy putting many countries on their knees. Although this isnot the first pandemic in human history, Covid-19 presents a number of characteristics that make it a uniqueevent. First of all, much like with natural disasters, this virus comes from exogenous factors uncorrelated to countries’economies; however unlike these, it does not remain circumscribed to a specific area.Additionally, when comparing the current economic recession to that of 2007, it appears clear that the formerdoes not present a sheer financial nature; however, as in the case of the…

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02

Jul

COVID19, EU, Financial Policies, pejournal, post-corona

EU’S financial policies in post Covid era

BY: Stefano Grasso* PEJOURNAL - The coronavirus pandemic has been causing a very strong and very hard recession. Indeed, it has been impacting on people’s health, jobs and well-being.  According the latest projections of OECD the GDP of Euro area will decrease up to -9%. The global outlook is highly uncertain. The OECD’s outlook focuses two scenarios: one in which a second wave of infections, with renewed lock-downs, hits before the end of 2020, and one in which another major outbreak is avoided. In these weeks, in Germany and in Portugal, the Governments have limited some areas of their country…

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26

Jun

2020-election, China, Iran, pejournal, Political Economy Journal, Pooya Mirzaei, Tension, TRUMP, USA

Political Economy Journal: Escalating tensions with Iran and China; Trump’s final solution

BY: Pooya Mirzaei PEJOURNAL - Growing concerns about re-election of Donald Trump have made republicans and their supporters to find a different pass to re-election. Due to different incidents the long show of economic well-being has been changed recently; the killing of George Floyd also impacted the polls greatly specially in eyes of minorities and people of color. There have been a lengthy discussion about how to impact general public opinion and marginalize effects of these grave incidents. In this article we will point out two main alternatives, our focus will be on foreign policy and important issues that could…

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14

Jun

Caribbean Sea, Iran, oil export, Persian Gulf, UWI, VENEZUELA

UWI: Humiliating the US both in the Caribbean Sea and the Persian Gulf: Iran’s oil export to Venezuela

PEJOURNAL - Bilateral trade between countries seems would normally be a rather typical matter. However, when the trade on the agenda between the two countries that have been under the pressure of the United States for a long time with the ultimate goal of destroying these countries entirely, it becomes a symbolic act of resistance against the world imperialist system. Iran has been dealing with the harshest economic and fiscal sanctions ever seen after the 1979 Islamic revolution. Tehran considers the US’ sanctions an obvious violation of international law r, and calls it “state economic terrorism”. On the other hand,…

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12

Jun

Energy, Gas Field, Iran, LNG, Oil Price

Iran To Reach Production Target At World’s Largest Gas Field This Year

BY: Simon Watkins South Pars non-associated natural gas field is at the core of Iran’s strategy to produce at least one billion cubic metres per day (bcm/d) of natural gas as soon as possible and it is as important a target to Iran as reaching 5.7 million barrels per day (bpd) of crude oil output. PEJOURNAL - The South Pars non-associated natural gas field is at the core of Iran’s strategy to produce at least one billion cubic metres per day (bcm/d) of natural gas as soon as possible and it is as important a target to Iran as reaching…

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09

Jun

COVID19, foreign policy, Geoeconomics, Gepolitics, PANDEMIC

Foreign Policy: How the World Will Look After the Coronavirus Pandemic

The pandemic will change the world forever. Foreign Policy Magazine asked 12 leading global thinkers for their predictions. PEJOURNAL - Like the fall of the Berlin Wall or the collapse of Lehman Brothers, the coronavirus pandemic is a world-shattering event whose far-ranging consequences we can only begin to imagine today. This much is certain: Just as this disease has shattered lives, disrupted markets and exposed the competence (or lack thereof) of governments, it will lead to permanent shifts in political and economic power in ways that will become apparent only later. To help us make sense of the ground shifting…

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09

Jun

CUBA, Iran, pejournal, Political Economy Journal, Russia, SANCTIONS, USA, VENEZUELA

American sanctions and global economic crisis

BY: Pooya Mirzaei PEJOURNAL - U.S. new sanctions on Iran, Russia, Venezuela and N. Korea and tariff conflicts with China and E.U. is going to be a part of daily news. Broadening the criteria of sanctions and putting concentration on financial systems, not only decreases the effect of the sanctions in wider view but also makes the policy makers of the targeted countries to reach to this conclusion that for preventing the collapse of international economy, global financial system generally and common global trade currency (USD) specially must be replaced with more independent alternatives. If we look at U.S. financial…

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09

Jun

Africa, Aljazeera, Libya, MENA, Russia, Turkey, USA

Libya’s war; Erdogan says ‘agreements’ reached with Trump

PEJOURNAL - Turkish President Recep Tayyip Erdogan said "some agreements" have been reached with his US counterpart Donald Trump that could herald a "new era" in the conflict in Libya. Turkey supports the internationally recognised government of Fayez al-Sarraj, whose forces have in recent weeks driven back an assault on the capital, Tripoli, by the forces of renegade commander Khalifa Haftar. While the US officially supports Libya's UN-recognised Government of National Accord (GNA), Haftar is supported by Washington's allies - Egypt, the United Arab Emirates (UAE), France, and Saudi Arabia - as well as Russia. "After our call this evening,…

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09

Jun

America, Asia, China, COVID19, Geoeconomics, Gepolitics, nournews, USA

How Long Will Trump’s Confrontation with China Last?

PEJOURNAL - The conflict between China and the United States has a long history, but during Trump's presidency, the conflict has become more apparent, and Trump is trying to change the structure of relations between the two countries. The United States and China were informal allies during the Cold War against the Soviet Union. With the collapse of the Soviet Union, the United States changed its view of China tillthe 1990s, so much so that China was identified as one of the most serious threats to the United States in the 21st century, according to a future congressional report. The…

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