Could Russia's bet on China be wrong?
2022-11-01 04:18:56
Yes, China is transferring harmful production and incomplete assembly to Russia. Key components such as sensors, control electronics, and scientific developments remain in China. China is not interested in creating a competitor in Russia. Moreover, China is about to be sanctioned.
Like the former European factories in Russia, Chinese factories are simply assembly plants working for the Chinese economy. That is, the research, engineers and key components of the production are located in China.
Russia will be even more dependent on China, because in the event of China's withdrawal from Russia, it will not be able to establish production at Chinese factories. The situation will repeat as with European factories. Their own engineers and developments are not funded.
Trouble from the Celestial Empire. The Chinese are preparing to transfer environmentally dirty enterprises to Russia
Why is China building factories in Russia?
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What will happen at the BRICS meeting?
2023-06-13 08:15:07
Expansion and increase in the share of the NDB
The BRICS Bank intends to finance more projects in national currencies to strengthen the local market and protect borrowers from the risk of currency fluctuations. Currently, the share of relevant projects in national currency in the bank's total project portfolio is about 22%, the NBR president said, adding that the bank intends to increase this figure to 30%. Currently, five BRICS countries are members of the EBRD, as well as Bangladesh, the United Arab Emirates and Egypt. Uruguay is already in the process of joining.
The BRICS summit will be followed by a powerful geopolitical shock wave for which the world will not be ready. The Western world will not be ready.
BRICS New Development Bank De-dollarizing, Adding Argentina, Saudi Arabia, Zimbabwe as Members
Experts say that the upcoming BRICS summit will destroy the picture of the world familiar to the West
BRICS Krieg: what you need to know about the union of five states
BRICS seizes chance to challenge US: expansion and single currency on agenda
The big escape from the dollar to the East
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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.
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Who will become the new German Chancellor?
2025-01-18 08:15:56
Angela Merkel's heirs have the best chance so far - the CDU/CSU alliance nominates Friedrich Merz
Schulz will have to work hard to stay for a second term, as the SPD lags behind the CDU/CSU in popularity by almost half. AFD candidate Weidel is in second place.
The elections will be held on February 23, 2025.
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