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
China has become the third larger exporter of arms in the world, … Continue reading Signal: A View from China – its Rising Arms Exports
As the noose seems to be slowly tightening around the Islamic State in Mesopotamia, it is even more important to consider the global dimension of the Khilafah. It is indeed likely that all geographical components will be used by the Islamic State in its will to counter-attack and survive.
A strong indication confirming the global character of the war waged by the Islamic State and its Khilafah came through al-Baghdadi’s 26 December 2015 audio message, … Continue reading At War against a Global Islamic State – from the Philippines and Indonesia to Bangladesh
On 20 April 2015, the Chinese President Xi Jinping and Pakistani Prime Minister Nawaz Sharif announced a common plan for developing an economic and energy corridor linking the two countries through the development of gigantic infrastructures worth 46 billion dollars (Katharine Houreld, “China and Pakistan launch economic corridor plan worth 46 billion dollars”, Reuters, April … Continue reading China and the New Silk Road: The Pakistani Strategy
The first sentence of the 2006 US Quadrennial Defence Review is “The United States is a nation engaged in what will be a long war”. Any civilian, military or factious leader in Afghanistan, could have written almost exactly the same after thirty-five years of war. And this war still goes on, but it now faces … Continue reading Afghanistan at a New Crossroad: Resource Curse or Asian integration?