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Dark Clouds over the Global Economy

Dark Clouds over the Global Economy

By Raul de Sagastizabal The downgrade of American bonds along with the problems of the European over-indebtedness increases the fear of a recession or a sharp slowdown in the global economy. Much of the market turmoil responds to the fear of investors,...
China Alone Abides by Commitments to World’s Poorest

China Alone Abides by Commitments to World’s Poorest

By Raul de Sagastizabal The WTO member countries are moving towards the Eighth Ministerial Conference in Doha next December, again with no concrete results, even on issues relating to least-developed Countries (LDCs), recognized by the member countries’...
The Scramble for Europe

The Scramble for Europe

By Raúl de Sagastizabal The impact of Chinese purchases and investments in Europe The European Council on Foreign Relations (ECFR), a think-tank founded in 2007, has published a report titled “The Scramble for Europe” on China’s “game-changing”...
Is there a Role for Human Rights in a Free Trade World?

Is there a Role for Human Rights in a Free Trade World?

Up to 50,000 people a day die from poverty related causes with 22,000 of these fatalities being children under the age of five. The plight of the world’s most impoverished and vulnerable people have been further aggravated by the current global financial...
India Deploys 36,000 Troops to Chinese Border

India Deploys 36,000 Troops to Chinese Border

India is stepping up efforts to fortify its borders with a deployment of two new army divisions of 36,000 men to the north-easter border with China. According to BBC News 23 November, part of the troops will be based in the area of Arunachal Pradesh in...
The Chinese Dragon Pounces on Europe

The Chinese Dragon Pounces on Europe

German indignation at China’s audacious economic penetration of Europe has been dismissed as sour grapes by Zhang Zugian, a researcher with the Chinese Association of European Studies. He says the European Union’s presumption of trade exclusivity...
China: The US is Insolvent and Faces Bankruptcy

China: The US is Insolvent and Faces Bankruptcy

A recent article in the Financial Times quotes the head of China’s biggest credit rating agency has said that the US is insolvent and U.S. credit ratings are a joke. “The western rating agencies are politicised and highly ideological and they...
North Korea Promises “Physical Response” to US moves

North Korea Promises “Physical Response” to US moves

North Korea has promised a “physical response” to American moves taken following the sinking of a South Korean warship in March. The sinking of the warship has been blamed on North Korea by both South Korea and the United States. The comments...
U.S. The Crossroads of History

U.S. The Crossroads of History

America’s superpower status may be tested and found wanting if, urged on by Israel it opts for what it sees as a pre-emptive strike against Iran. The argument that the Persian nation will acquire a nuclear potential if not checked is a red herring;...
Three G8 countries at “high risk” to natural disasters

Three G8 countries at “high risk” to natural disasters

Three G8 countries- France, Italy and the United States- are considered to be at “high risk” to natural disasters, claims the Natural Disasters Risk Index (NDRI). The same index, released on Thursday, lists Bangladesh, Iran and Indonesia as the countries...
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