(Opinion) In the intricate world of global energy politics, Venezuela’s recent aggressive stance towards Guyana adds a new, somewhat surreal chapter. The United Nations Security Council’s private meeting on this emerging crisis signals its seriousness. Yet, the situation seems more like a strategic play than a genuine geopolitical shift. Venezuela has long laid claim to […]
Related Posts
China’s Path under Xi: From Marxism to National Revival
Under President Xi Jinping, China is witnessing a significant ideological transformation. Departing from traditional Marxist-Leninist principles, Xi’s approach introduces a unique blend of nationalism with an enhanced focus on socialism. This carries distinct Chinese characteristics. The ideological shift suggests a move from pragmatic governance to Marxist nationalism, as noted by experts like Kevin Rudd. This […]
Bolivian state bank starts transactions in yuan and discusses hosting Chinese bank
Banco Unión, Bolivia’s state-owned bank, has started transacting in Chinese yuan, according to Bolivia’s Minister of Economy, Marcelo Montenegro. In addition, the government is discussing the potential implementation of a Chinese bank within the country. Due to an ongoing dollar shortage in Bolivia, the government is exploring other currencies, such as the yuan, for financial […]