pejournal

China’S string of pearls in peril

China’S string of pearls in peril

BY: Navomee Ponnamperuma* PEJOURNAL - In recent months, China has come under much scrutiny for its policies, starting from their mismanagement of the current global pandemic to the renewed hardline approach taken towards Hong Kong. Amidst the chaos, many in the West have overlooked the economic stronghold China has been building in the South Asian region, thanks to President Xi Jinping’s project of the century, the Belt and Road Initiative (BRI).  A project that certain academics refer to as China’s ‘debt-trap diplomacy’. Contrary to Western institutions such as the International Monetary Fund (IMF) and the World Bank, China offers a…
Read More
Political Economy Journal: India-China border skirmish: A conflict that led to ‘Boycott China’ campaign in India

Political Economy Journal: India-China border skirmish: A conflict that led to ‘Boycott China’ campaign in India

BY : Chaitra Arjunpuri * PEJOURNAL - When acclaimed innovator and Ramon Magsaysay and Rolex Awards winner Sonam Wangchuk released a video calling for “Boycott Made in China” on 28 May 2020, as a response to Chinese aggression along the Line of Control (LAC) in Ladakh region, not many realized how popular it would become. Set in Leh with the Himalayas and river Sindhu in the backdrop, Wangchuk sitting on a stone, appealed to people to boycott products made in China, “software in a week and hardware in a year”. “Within one week I am getting rid of my phone, which is made…
Read More
From City-State to National-State

From City-State to National-State

Many explanations have been offered for why the dominant city-states of Italy declined, giving way to the larger, national states of Western Europe. Some, like World Systems theorists, have seen the decline of the Italian city-states as the result of the shift of trade from the Mediterranean to the Atlantic, while others, like Richard Lachmann, have focused on institutional arrangements that rendered these systems less resilient when faced by external threats. 
Read More
EU’S financial policies in post Covid era

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…
Read More
Losers will show up on October 18 through a global match in Security Council

Losers will show up on October 18 through a global match in Security Council

PEJOURNAL - The United States seeks to maintain Iran's arms embargo under the pretext of controlling Iran, and to invalidate Security Council Resolution 2231 as a binding document supporting JCPOA. Iran has also made the most progress in the field of design and production of modern and conventional weapons during the years of sanctions. Washington's real goal is to neutralize Resolution 2231 and to continue unilateralism to humiliate the international community, especially Russia, China and Europe. Europe's passive action in presenting the proposal of the recent anti-Iranian resolution at the Board of Governors meeting showed that Europe is still ready…
Read More
Political Economy Journal: Gas explosion or destruction of missile facilities; What is the facts around recent blast in Tehran?

Political Economy Journal: Gas explosion or destruction of missile facilities; What is the facts around recent blast in Tehran?

PEJOURNAL - An explosion took place in a gas tank in the east of Tehran on the outskirts of one of the military bases last Friday morning. Following the incident in the early hours of the morning, there were speculations that some of these questions and speculations were answered with the explanation of Ministry of Defense spokesman regarding the cause of the accident. He said the blast was caused by an accident at a gas tank in the Parchin area, which was immediately stopped by firefighters, and the fire was contained without any casualties. But from the other side, this…
Read More
Political Economy Journal: Escalating tensions with Iran and China; Trump’s final solution

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…
Read More
NOURNEWS: Trump’s Sudden Turn towards Venezuela

NOURNEWS: Trump’s Sudden Turn towards Venezuela

PEJOURNAL - Trump is so concerned about Iran's influence in Latin America that he has abandoned his puppet (Juan Guido) in Venezuela and, despite previous stances and hostilities, he has announced his tacit readiness to negotiate with President Nicolas Maduro, which Trump tried to oust him with a coup. NOURNEWS - Venezuelan President Nicolas Maduro has said he is ready to meet with Trump. Last winter, however, the United States formally opposed the legitimate government in Venezuela following a US-backed coup d'etat by Juan Guido. In an interview with the Axios website on Monday morning, Trump also noted Maduro's readiness…
Read More
Sputnik: US has not yet decided to renew the “Start” agreement

Sputnik: US has not yet decided to renew the “Start” agreement

PEJOURNAL - Talks between Russia and the United States on strategic stability ended in Vienna on Monday. The talks were led by Russian Deputy Foreign Minister Sergei Ryabkov and led by Marshall Billingslia, the new US arms control envoy. The consultation lasted about ten hours. Russia's foreign ministry said in a statement: "According to the instructions of the presidents of the two countries, the discussion on the prospect of arms control continued. This includes extending the start-up treaty and maintaining stability in the wake of the end of the Nuclear Non-Proliferation Treaty, as well as a comprehensive comprehensive dialogue on…
Read More
Bushehr nuclear power plant connected to Iran national electricity network

Bushehr nuclear power plant connected to Iran national electricity network

PEJOURNAL - Reza Banazadeh stated that for the first time, the operation of replacing annual fuel and periodic repairs of the main equipment of Bushehr nuclear power plant has been carried out by capable specialists of this advanced nuclear center: "The plant was reconnected to the country's national electricity grid after successful tests." This national achievement was achieved by considering the current special conditions and in order to prevent the outbreak of coronavirus in this vital center of the country and to use the necessary measures and health protocols, with the minimal use of the employees of contractors, the activities…
Read More