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New initiatives in energy, water and agriculture sectors announced United Nations Climate Conference (COP23)

17/11/2017

New commitments and initiatives in energy, water and agriculture sectors were announced on Friday, at the United Nations Climate Conference (COP23) in Bonn, Germany, under the auspices of the Marrakech Partnership for Global Climate Action to help implement the Paris Agreement. The Marrakech Partnership aims at catalyzing greater climate action by public and private stakeholders as the Paris Agreement, adopted in 2015, calls on countries to combat climate change by limiting the rise of global temperature below 2 degrees Celsius and strive not to exceed 1.5 degrees Celsius...
Nikita Moiseev’s ideas in the perspective of the harmony of world development

17/11/2017

Nikita Nikolaevich Moiseev can be called one of the greatest humanists of our time, along with his other outstanding compatriots Dmitry Likhachev, Dmitry Sakharov, and Sergei Kapitsa. Running through all his teachings is the idea that a consistent synthesis of technology and morality can be made part of mankind’s fighting for the future of the planet including the organic intelligent life it nourishes. He considered modernity a transitional period, full of risks and challenges threatening the survival of the biosphere at the backdrop of a growing anthropogenic pressure...
Social Degradation in the Context of Economy of Rent- and Resource-based Colonialism

14/12/2016

The social sphere, culture and education hardly ever draw investments or become the focus of government care in the so-called “pipeline economy”, or to use a better term, in the economy of rent- and resource-based colonialism.
Planetary rent: a radical economic innovation

25/07/2017

Global problems are a curse of the world today. They include international terrorism, climate change, impoverishment of large groups of population and the depletion of natural resources. To date, the global community has made little progress in addressing these global challenges. This is despite the continued work of global institutions, the adoption of the doctrine of sustainable development, and the signing of the Kyoto Protocol. The problem is that there is no global anti–crisis management policy that would involve a plan of addressing global issues, a consolidated budget, and a single management center.
One Belt, One Road - Great initiative or a Road to nowhere

23/05/2017

At one level, One Belt, One Road has the potential to be perhaps the world’s largest platform for regional collaboration. What does that actually mean? There are two parts to this, the belt and the road, and it’s a little confusing. The belt is the physical road, which takes one from here all the way through Europe to somewhere up north in Scandinavia. That is the physical road. What they call the road is actually the maritime Silk Road, in other words, shipping lanes, essentially from here to Venice. Therefore it’s very ambitious—potentially ambitious—covering about 65 percent of the world’s population, about one-third of the world’s GDP, and about a quarter of all the goods and services the world moves.
AL GORE AND AN INCONVENIENT SEQUEL: TRUTH TO POWER

20/09/2017

A decade after AN INCONVENIENT TRUTH brought climate change into the heart of popular culture, comes the riveting and rousing follow-up that shows just how close we are to a real energy revolution. Former Vice President Al Gore continues his tireless fight traveling around the world training an army of climate champions and influencing international climate policy...
NDB Bank: A step towards the concept of Planetary Rent!

28/10/2017

The launch of the BRICS Development Bank suggests that BRICS countries have no intention of disappearing into economic and policy oblivion. The establishment of a $100 billion dollar liquidity reserve and a $50 billion New Development Bank (NBD) in Shanghai marks the start of a new financial system. As each country acts to maximize its own utility, the emerging economies of the BRICS nations will create a paralleling international financial system ultimately challenging the hegemony of the current western-dominated system.
Intellectual Vector of World Economic Development

18/05/2016

The world economy is largely a euphemism that masks the basic problem of the global world which consists of markedly uneven markets, social and technological disparities in national economies’ development levels, capital-output ratios and competitiveness. In its direct sense, the concept of the world economy is justified only to the extent that global trade and global logistics exist, which in turn are limited by a number of economically subjective factors.

The rise of the Titans

18/01/2017

Although the year started with a sharp drop in temperatures, it seems that the geo-political and financial temperatures are not going to fall anytime in near future. Yesterday we had the following points made very clear by the U.K. Administration:
1. Britain will not seek to remain a member of Europe single market.
2. The legal jurisdiction in Britain of the European Court of Justice will end.
3. But it will seek a free-trade deal with the European Union
4. Both houses of Parliament must approve any final deal.
That
Global Economic Outlook for Globe, Russia and Saudi Arabia (Reflection on oil & gas sector) 2017

10/02/2017

Russia - oil accounts for some 13% of Russia’s GDP and a considerable larger share of its exports. There are many predictions of how oil prices will develop in future but one thing is relatively widely agreed upon: the oil price won’t bounce back above 100 USD per barrel in the near future. It is also almost as widely agreed that 2016 will mark the low-point of prices. For example The World Bank expects oil price to recover to 48 USD by 2017. Saudi Arabia - The deficit shrank to 297 billion riyals ($79 billion) in 2016. That was well below a record 367 billion gap in 2015, and below the government
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