On 10 and 11 April 2018, Mark Zuckerberg, the founder and chief executive of Facebook went through a two-day congressional testimony in the U.S. (Cecilia Kang et al., “Mark Zuckerberg Testimony: Day 2 Brings Tougher Questioning“, The New York Times, 11 April 2018). The questioning followed the scandal involving Facebook and Cambridge Analytica, … Continue reading Big Data, Driver for Artificial Intelligence… but Not in the Future?
In this article, part of our series on the possible futures of the US dollar supremacy, we focus our attention on the scenario “The Rise of the Renminbi”, which we deem more interesting in the way it would unfold. In the previous article, we highlighted three different main lead scenarios that could potentially describe the developments that will take place in the future, … Continue reading Scenario The Rise of the Renminbi – Futures of the US Dollar Supremacy
Is space mining the short and long-term future for energy and industry?
Nowadays, this question is rooted in the rapid development of the industrial, financial, technological and legal apparatus around the idea of mining asteroids. For example, on 6 January 2015, the US President, then Barack Obama, signed the US commercial space launch competitiveness act. This act aims at “spurring private aerospace competitiveness and entrepreneurship” (US Commercial Space Launch Competitiveness Act). … Continue reading Space Mining, Artificial Intelligence and Transition?
With this series, trying to understand the possible futures of the US dollar supremacy, we have analysed the currency functions (medium of exchange, store of value, unit of account) that make the dollar the necessary currency together with the challenges looming over the petrodollar system, the perspective of the renminbi as a leading international currency and the possible impacts of cryptocurrencies over the international monetary system. … Continue reading Scenarios for the Future of the US Dollar Supremacy
In 2015, on the eve of his first state visit to the UK, the Chinese President Xi Jinping praised the “visionary and strategic choice” of the British government and its will to build a “golden era” of Sino-British relationships (“Xi Jinping visit: UK-China ties will be lifted to new height”, BBC News, … Continue reading China and the United Kingdom “Golden Relationship” on the Belt and Road
In this article, we shall analyse the drivers behind the rise in cryptocurrencies’ value and market capitalization and start envisioning future evolutions, focusing notably on Bitcoin and blockchain technology. Previously, we explained what is a cryptocurrency and highlighted the possible revolutionary impact of blockchain, the technology underlying the majority of cryptocurrencies. We, meanwhile described the main features of the three most capitalized cryptocurrencies: Bitcoin, … Continue reading Blockchain, not Bitcoin, the Next Game-Changer?
Massive geopolitical changes are occurring in the Arctic, because of the rapid warming of this region due to climate change. These geopolitical shifts are particularly important in the Russian Arctic Exclusive Economic Zone, which spans from the Bering Strait to Norway, along the Siberian coast. This is where Russia develops the North East passage known as the “Northern Sea Route”. … Continue reading The Russian Arctic, China’s (Digital) Development and Northern Europe
This article focuses on the Russian part of the mammoth space cooperation developed between Russia and China and potential geopolitical impacts. This cooperation is further reinforced by the agreement signed the 1 November 2017 that involves six space-related areas, such as lunar and deep space, joint spacecraft development, space electronics, Earth remote sensing data and … Continue reading The Chinese-Russian Robot and Space Strategic Cooperation (2) – Russia
Impacts and Consequences
- Increased likelihood to see a return to a more influential and independent foreign policy of the European states holders of veto power at UN Security Council (France and UK);
- Increased likelihood to see a multipolar world settling in, however with also an
- Increased likelihood to see a global perception of a rising Chinese global influence;
On 1 November 2017, Russian Premier Dmitry Medvedev and Chinese Premier Li Keqiang signed a mammoth deal in space cooperation.
That agreement involves six space-related areas, such as lunar and deep space, joint spacecraft development, space electronics, Earth remote sensing data and space debris monitoring (“China, Russia agree cooperation on lunar and deep space exploration, … Continue reading The Chinese-Russian Robot and Space Strategic Cooperation (1) – China