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Dan Steinbock
Who Are the world’s biggest military spenders, really?
The conventional narrative is that the world is threatened by the assertive China and Russia. The inconvenient…
The rise of new French Gaullism
After the first round of the French presidential election, “center-right” Macron and “radical right” Le Pen are…
US Dollar and Chinese Renminbi: Mysteries revealed
The Trump administration’s exchange-rate hawks contend that the US should designate China as a “currency…
The Trump-Xi summit paves the way to new realism in…
Despite preliminary pessimism, the Trump-Xi Summit showed greater trade pragmatism than initially…
Elysée palace’s new agenda
Even if Marine Le Pen would win the first round of French presidential election, she would face great odds in the…
The rise and decline of four little dragons…
After a stunning growth performance, all four dragons are slowing and aging. In the absence of drastic policy…
Time for African economic miracle
Q: What Africa needs is industrialization and inclusive growth for the many, not exploitation and exclusive growth…
Trumpin’ and Thumpin’ back to the 1930s
With the Trump White House, America and a global economy will enter a highly divisive period – as evidenced by the…
Trumping world trade
After the inauguration, President Trump has begun to reset the White House trade policies. But the consequences of…
RMB Interventions paving way for reforms
Recently, Chinese renminbi has depreciated substantially. In the short-term, interventions will prevail; in the…
African currencies, Nigerian Naira and the new US dollar…
While OPEC production cuts could slow the plunge of Nigerian naira, the real headwinds are ahead, thanks to the…
Could Nigeria Become Africa’s Offshore RMB Hub?
On October 1, the Chinese renminbi officially joins becomes the fifth international reserve currency. Over time,…