NDB Bank: A step towards the concept of Planetary Rent!


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


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


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.
Global Economic Outlook for Globe, Russia and Saudi Arabia (Reflection on oil & gas sector) 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
Meaning and Basis of Planetary Integration


At the beginning of the 21st century, people feel united as never before but also, paradoxically, they feel disunited at the same time! Having found ourselves on the brink of self-destruction, we perceive with a varying degree of conscious awareness the need to unite in the face of unseen threats. At the same time, we are divided by serious disagreements based on divergent interests, values and ambitions.
UN Transformation Concept


Many political scientists, economists, experts and analysts of modern international social processes have long argued that despite its continuous activity and sessions, the United Nations can hardly be said to fulfil its charter functions in full. They blame it on the UN outdated structure, inadequate decision making and decision enforcing mechanisms, and insufficient resources.
The concept of anthropo-socio-ecology and modern urban information environment ecologising


The modern world faces the threat of a global environmental catastrophe from two causes. Firstly, from the consumer society economic system whose exploitative nature is characterised by industrial technologies, which are hazardous and inefficient from the point of view of resource management.   
Global warming


Global warming is one of the most significant and difficult issues facing the world today. Melting down of glaciers can have such an adverse effect on the global water level that in coming years, it can be the reason of biggest catastrophe . 2016 summit in Paris about climate change however does not answer the reasons of such climatic adversities. It certainly did highlight the fact that now the developing nations need to pay for all the crimes done by the developed nations.  
BREXIT-a reality! Be ready for a new Europe and a new World.


Whole night the referendum kept us all awake. By evening the Pound Sterling started falling when the people lined up to exchange the Pound Sterling into Euros.

As a result the Pound Sterling landed to a 31 year low.

But more worse was the early morning news. 52% nearly pointing to BREXIT.

What will follow ? Next! - FREXIT, GERXIT ??

From Sustainable Development To Managed Harmony: A Paradigm Shift


Despite its theoretical solidity and international recognition, the concept of sustainable development has run into fundamental implementation issues. Internal contradictions are revealed both in its ideological-methodological frame.