chineseoil-1 Courtesy: Lifeforex
11 October 2018

Petro-Yuan, the new speculation

Basing the global oil trade on the Yuan instead of the U.S. Dollar is one leg of China’s bid to convert its currency into the international reserve currency, replacing the dollar-dominated global financial architecture. But many factors impede the Yuan from reaching the maturity required for its global adoption.

obamarouhaniwikimediacommons Courtesy: Wikimedia Commons
6 February 2014

P5+1-Iran: U.S. in search of a new game

The P5+1 negotiations with Iran, mostly a Washington-Tehran affair, may be a means to a complex and ambitious end: a new strategic and energy equation in Southwest Asia. U.S. President Barack Obama’s recent State of the Union address indicates that to reach this goal, the U.S. is steering away from war to diplomacy