While western analysts call the country’s spectacular growth “the rise of China,” the Chinese themselves perceive it as a returning to the forfeited status of the “Middle Empire.”
The crisis in Ukraine has plunged US-Russian relations to their lowest point since the Cold War. Crimea is now Russian territory. Although prisoners of war have been exchanged and both…
My last post on the current situation in Ukraine was exactly two months ago. On October 3rd I predicted that an all-out invasion of Ukraine (including use of air power…
The OPEC refusal to decrease oil production and a subsequent price fall to a 4-year low make the future of Russian economy tenuous. Since July 2014, the Russian ruble depreciated…