Tassos Symeonides
(RIEAS Academic Advisor based in Seattle, USA)
Ever since April, and a much publicized re-entry in the capital markets to secure a loan, the Greek PM Mr. Samaras has taken no breaks from advertising his government's supposed "success" in leading Greece "out of her crisis." With the exception of Mr. Samaras's narrow circle of advisers, everyone knows that this claim is bogus. In October, Mr. Samaras took another bold, but utterly inane, step in...
Notwithstanding a quite ambitious economic plan of reforms initiated by the Prime Minister Shinzō Abe Sind known as “Abenomics”, mid-November 2014 has shown that Japanese economy is not getting better. The Prime Minister Abe has turned to extreme measures – dissolution of the parliament with the new elections set for December 2014. Once ranking among the top three most innovative and strongest economies, Japan has ...
Russia Needs a Step Forward
Although Moscow's official documents and statements consider Hanoi a key Asian partner, the reality of the bilateral relationship after the breakup of the USSR has actually been inertia, thereby opening opportunities for the U.S.A. and the People's Republic of China (PRC) to gain a strong foothold in Vietnam. With Russia once again intent on achieving a meaningful presence in Asia-Pacific, it appears appropriate to analyze the role of a strategic partnership with Vietnam...
... crisis, the marked reduction in economic activity and the geopolitical disagreements between the main players in global politics – these factors are making it difficult to build contacts and strengthen links between countries and organisations. The economy has become a hostage to political decisions. Will the G20 member countries manage to make a sober assessment of the economic prospects?Will they be able to work out a united approach to addressing the issues that have emerged, or will they be ...
... financial sanctions imposed by the West were quick to bring Iran to the conference table.
Financial instruments of foreign policy are today becoming more important than those involving trade.
Improved efficiency of using financial instruments in the world economy is primarily due to the peculiarities of the current stage of globalization. The volume of financial transactions heavily exceeds the amount of financial services rendered in the international trade in goods and services. In 2013, global exports ...
... the Crimea annexation—Russia gets Crimea and despised elites are punished too.
Nevertheless, new sanctions on Russia’s financial, energy, and defense sectors in July and September will have growing costs for key companies and the overall economy over time. Moscow’s retaliatory ban on certain Western agricultural imports shows that Russia is ready to engage in a tit-for-tat economic conflict—even though Russian officials recognize the economic asymmetries between their country ...
On September 16, 2014, RIAC Director General Andrey Kortunov received a delegation of international financial group J.P. Morgan that included Head of EMEA Country Risk Rene Ramos, Head of Central Eastern Europe Sovereign Risk Luigi Sorvillo and Executive Director for Risk Assessment Aleksandar Kukic.
The participants discussed Russia-related risks since the bank uses the practice of rating agencies to assign its in-house credit ratings to emerging markets where certain credit hazards may arise. To...
An American and two Russians have landed safely in Kazakhstan after 5 ½ months in space… and to think there is no cooperation toward a more peaceful world between the United States and Russia.
Meanwhile, private citizens of Qatar, and other friends of the United States, have been financing Hamas and ISIS. Now, as Washington prepares to launch a new campaign to destroy global terror networks an American website with ties to the J Street lobby claims that the RUNET (Russian Internet)...
... strengthen the foundation for a lasting future.
Multilayered European Trade
This unique Swiss scheme, advantageous for maneuvering between various trade blocs, has made the model attractive for Euroskeptics in other advanced North European economics.
The economy of Greater Europe of today has emerged as an ongoing history of mergers and assimilation of various economic blocs. Formally, the largest integration union is the European Economic Area (
EEA
), which is hardly an organization but rather a collection ...
... government has pursued over the six months since the armed coup on February 21-23, 2014 is aimed at breaking existing economic ties with Russia (without offering an adequate alternative) and appears to be absolutely suicidal (both to the country’s economy and the existence of the state). There is no explanation for the policy in terms of economic interests. This is a political decision made within the framework of the declared policy of "European integration” and in fact is an illustration ...
