This article focuses mainly on the petrodollar system, which is at the heart of the U.S. dollar supremacy, and on the challenges it meets. Meanwhile, these trials start outlining potential futures for the international currency system.
Tag Archives: China
The Chinese Artificial Intelligence Revolution
The artificial intelligence (AI) world summit took place in Singapore on 3 and 4 October 2017 (The AI summit Singapore). If we follow this global trend of heavy emphasis on AI, we can note the convergence between artificial intelligence and the emergence of “smart cities” in Asia, especially in China (Imran Khan, “Asia is leading …
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The Paradox of U.S. Decline … and the Tensions with North Korea
This article stresses the paradoxical character of a U.S. decline, and addresses the impossibility for the U.S. to accept its demise as superpower. It applies this framework to the case of the 2017 tensions with North Korea, and deduces a possible future path for the U.S. course of action, as well as possible levers regarding …
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China: Towards the Digital and Ecological Revolution?
“Airpocalypse” turns the air of the great Chinese cities into a kind of chronic and massive chemical attack. Meanwhile, ecological issues are gaining a new and strong political traction. In the meantime, China is also becoming a world leader of the digital transformation. In other words, two major dynamics run through China in the same …
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Towards the End of the US Dollar Supremacy? Global Currency Fundamentals
Editor’s note: We have been monitoring “behind the scenes” the US Dollar Supremacy and the challenges it faces over the last couple of years. Indications show that it is now time to move towards strategic foresight analysis of the issue. This series results from this need and our in-depth analysis will constitute the building blocks for scenario …
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Climate Change: the Long Planetary Bombing
Executive summary The current and coming impacts of climate change are becoming equivalent to those of a long bombing. This can be seen with the damages wrought in Texas, Louisiana and Florida by hurricanes Harvey and Irma. In a few days, the total costs of these disasters has amounted to at least 290 billion USD, …
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Digital China – The (Middle) Kingdom of Cyberspace?
The Chinese presence in cyberspace is gathering speed, scope and mass. This was especially obvious during the “One Belt, One Road” Forum for International Cooperation that took place in Beijing on 14 15 May 2017. There, the Chinese government and companies and their counterparts from more than 69 Asian, African, American and European countries signed …
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The Middle East Powder Keg and the Great Battle for Raqqa
As events accelerate both within Syria on the battlefield and in the region, this article monitors and analyse these developments. It seeks to answer the question: do the unfolding states of affairs increase, or on the contrary decrease, the likelihood to see an intensification of Turkish escalation against the Syrian Kurds and, de facto, Northern Syria? We shall look first at the race that is taking place on the Syrian battlefield around the Battle of Raqqa and towards Deir es-Zor, there addressing furthermore the entrance of a new level of Iranian influence. We shall then turn to the evolving crisis around Qatar, pointing out notably impacts on Turkey and how that crisis and the Battle of Raqqa feed into each other to heighten the risk to …
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The “One Belt One Road” Summit and the Chinese Shaping of Globalisation?
On 14 and 15 May 2017, the “One Belt, One Road” (OBOR) Forum for International Cooperation took place in Beijing. It hosted delegations from 63 countries and several international organisations. Heads of states and governments led in person 29 delegations from Asia, Africa, South America and Europe (“Belt and Road Forum for International Cooperation”, Xinhua.net). …
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Saudi Arabia and the Chinese New Silk Road
During March 2017, King Salman of Saudi Arabia ended a six weeks tour in Asia with a state visit in China and a meeting with Chinese President Xi Jinping. This visit included the opportunity to start the negotiations about the integration of Saudi Arabia to the Chinese New Silk Road Grand strategy (Michael Tanchum, “Saudi Arabia …
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