The United States, long considered the world’s most powerful nation and leader of the free world, is finding itself increasingly isolated on the global stage. The two new countries are going against the US dominance, Brazil and France.
The high level of Africa’s Debt Burden is posing significant challenges to the economic growth and development of the continent. Africa is facing debt payments of $69 billion this year alone, with an additional $185 billion due between 2022 and 2024, primarily in Eurobonds.
The collapse of commercial real estate (CRE) is a growing concern for financial experts, with the COVID-19 pandemic exacerbating the issue. Remote work and e-commerce have led to a decline in demand for large office and retail spaces, causing prices to plummet and investors to pull out of the market. Oversupply of commercial properties and interest rate hikes have also contributed to the CRE collapse. As a result, many investors are left with properties that are difficult to sell or lease, and the crisis is expected to continue for years to come.
The United States is currently facing a new Cold War with China and Russia, but relying on protectionism and economic sanctions is not the solution. Instead, the US needs to learn from history and take a strategic approach to maintain its global dominance. After World War II, the US created powerful alliances like NATO and…
Indo-Pacific Economic Framework : A White Elephant or Next Big Deal
The global economy and political geography have experienced numerous changes in the last century. The end of the Bretton Woods system was one such major event. Established after World War II, the Bretton Woods system fixed the value of the US dollar against gold at a rate of$ 35 per ounce. Other countries pegged their…