When will Africa be united?

2023-06-15 14:14:31

In 2064

The African Union is fighting for the unification of Africa today. It is an intergovernmental organization that has been leading its history since 1963. The union includes all 55 countries of the Black Continent. It is planned to create three financial institutions: the African Central Bank (planned to be created by 2028), the African Monetary Fund, the African Investment Bank.

So far, the association looks like the European Union

African Union

Elon Musk wants to start producing his own phones, can he beat Apple and Google?

2025-04-11 06:05:27

Musk can establish the production of phones if he wants, and he can even compete, but he cannot defeat the world giants

The United States has imposed protective tariffs on all countries. Apple and Google phones are not made in America, but in other countries. In the near future, their prices will skyrocket. Musk wants to establish production in the United States, making phones at competitive prices. But the main problem is that his reputation is ruined. And there are more and more competitors, and they are already putting pressure on his business, especially on the business of electric vehicles. And because of the trade war, goods and services from the United States will be less in demand. And this is already a trend.

The analytical divisions of UBS, Mizuho and Goldman Sachs revised downward the target levels of Tesla shares. Experts note that the slowdown in the global economy and the strengthening of trade barriers may continue to put pressure on Tesla quotes.

What is the main disadvantage of Putin?

2023-04-28 12:35:05

Bad personnel policy

Vladimir Putin has raised the bar too high for subsequent presidents, which means that no matter what new candidate comes in, he is unlikely to reach Putin, which may negatively affect the state of affairs in the country. The same is true of figures in key positions in the country; there are also no comparable candidates to replace them. They just don't grow.

Putin's main personnel problem is that he appoints the faithful, but asks how smart they are.

The main flaw of Putin, which cannot be corrected

Will the BRICS currency affect the US dollar?

2024-12-07 13:11:47

Even if there is a currency, no one will abandon the dollar, the further dominance of the dollar depends on the United States itself.

Russia, China, India and other countries accept the dollar and do not plan to abandon it 100%, settlements are also carried out in terms of dollars. The well-being of the dollar depends on the United States itself, if they act from a position of strength, then the rejection of the dollar will accelerate and a new currency will be issued. The BRICS countries will be more active in expanding trade in national currencies, as the use of the dollar as a sanctions stick has undermined confidence in it

Most likely, the BRICS will have to abandon India. Since she does not like to trade for the yuan, she does not want to give up the dollar. Because of this, the decisions of the BRICS groups, including the creation of a currency, are very difficult, at least that's how it is presented in the news. If the BRICS currency is backed by real resources, including land and rare earth metals, Russia will regret it in the future. Because it will not be able to compete with China, which will eventually be able to demand land in exchange for currency.

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