Posts in category

Mercantilism


The head of the Planning Authority, Martin Saliba, has a lot to answer. Installed by former Planning Minister Ian Borg after relations with the current head of the Malta Tourism Authority, Johann Buttigieg, deteriorated, the PA executive chairman remained under the minister’s tenure Aaron Farrugia. This can be understood as a sign of the much-vaunted …

The new semiconductor mercantilism of the three great economic powers of Europe, the United States of America and China is putting great pressure on the high-tech giants of East Asia, Japan and South Korea. The United States, China and the EU are currently trying to set up chip factories within their economic borders with billions …

Photo credit: Paul Thurrott President Joe Biden signed an executive order banning U.S. investments in 59 Chinese tech companies with military ties, extending an executive order issued by his predecessor. “Further measures are needed to address the national emergency declared in Executive Decree 13959 of November 12, 2020, including the threat posed by the military-industrial …

In what appears to be a sudden turnaround, Chinese President Xi Jinping has urged his officials to create a trustworthy, kind and respectable image for the country. This is in stark contrast to Beijing’s harsh rhetoric or “wolf warrior diplomacy” seen in recent years. In fact, increasingly aggressive postures – led mainly by young officials …

Six decades ago, Western Europe was at its lowest. The Berlin Wall and the Cuban Missile Crisis had raised fears of war at exactly a time when the United States was occupied by a military mishap in Southeast Asia. A French boycott of the European community institutions and the decision of President Charles de Gaulle …

At the start of the pandemic, I wrote about my experience with China’s wet markets when I lived in Shanghai in the mid-2000s. Conventional wisdom at that time – and for much of the past 14 months – was that ‘they were zero point for COVID-19. It made sense: those markets had probably given rise …

06/02/2021 – The second feature film by the Bulgarian director seeks to explore the animal side in humans and the human side in animals Director Nadejda Koseva on the set Two years after its debut, Irina [+see also: film reviewtrailerinterview: Martina Apostolovafilm profile], has triumphed in various festivals around the world and was among the nominees for …

~~ ~ Small island states face unique development challenges due to their small populations and economic bases, making them particularly vulnerable to exogenous shocks. This has been the case for the small island nations of the Pacific. It should come as no surprise, then, that China’s growing political and economic presence, primarily through “development” aid, …

No one in their right mind wants another cold war, and certainly not a war with what will soon be the world’s largest economy. In poker terms, however, you could say that China is trying to play its chip stack and the world needs to react. After integrating into the global economy, President Xi Jinping …

Modern Monetary Theory (MMT) tells us that governments should finance public spending by creating money. To avoid inflation, MMT supporters say, the government should use taxes to siphon off excess purchasing power, which would allow the public sector to significantly expand its operations, thereby eliminating the scourge of underemployment. In an era of skyrocketing national …