China is considering mechanisms such as a stock index circuit breaker system to temporarily shut down stock trading in order to prevent further “abnormal fluctuations”, China’s state-run Xinhua News Agency reported late on Sunday night. The introduction of a stock index circuit breaker system is being studied by China, where trading would be suspended for an unspecified … Continue reading
China’s stock market bubble has “burst” and its economy is likely to face “tough conditions” over the next decade, Chinese authorities were reported to say during the Group of 20 nations (G20) meeting in the Turkish capital of Ankara over the weekend, the Nikkei Asian Review reports. Zhou Xiaochuan, the Governor of China’s Central Bank, the People’s Bank … Continue reading
By Mahdi Darius Nazemroaya On the sidelines of the Group of Twenty (G20) Summit in Brisbane, US President Barack H. Obama delivered a keynote speech to diplomats, policymakers, faculty members, and students at the University of Queensland on the United States of America’s foreign policy and Obama’s so-called “Asian pivot” or “pivot to Asia.” In … Continue reading
By BNE German Chancellor Angela Merkel has been talking tough on Russia, leading to a string of op-eds suggesting Germany has given up on Ostpolitik and Russia’s biggest fan in western Europe is about to turn its back on the Kremlin. The situation has been misread. Far from giving up, Germany wants to build closer business ties … Continue reading
By Yuki Tatsumi E-International Relations On November 10, the Japanese Prime Minister Shinzo Abe and the Chinese President Xi Jinping met at the sideline of the Asia-Pacific Economic Cooperation (APEC) Summit in Beijing. This was the first time the two leaders had met since Abe returned to power in December 2012 and Xi ascended to the … Continue reading
By Takis Fotopoulos Inclusive Democracy Via Global Research In this keynote article, the present criminal New World Order of neoliberal globalization ― which, through its military and economic violence, has led to despair the majority of the world population for the benefit of a small minority ― is analyzed, in the light of the decisions taken … Continue reading
By BNE Russian President Vladimir Putin had a rough time at the G20 summit in Brisbane, Australia, at the weekend, the first time he has met with the assembled world leaders since Russia annexed the Crimea in March. Australian Prime Minister Tony Abbott said he would “shirt front” Putin when they met and Canadian Prime … Continue reading
As China shifts gears towards a slower and more sustainable growth in President Xi Jinping’s “new normal”, its economy is going through a “period of pain” and the rapid expansion of the nation’s shadow banking sector alongside overcapacity are major problems, China’s Vice Finance Minister Zhu Guangyao told Reporters at the G20 Leaders Summit in Australia on … Continue reading
By Bill Holter Very “quietly” the world’s 20 largest economies will meet in Brisbane, Australia later this coming week. I use the word “quietly” because here in the U.S. almost no mention of the upcoming meeting has been made. I even searched for news on the event and almost could find none. Strange? Well yes and … Continue reading