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Connecting Eurasia: Is Cooperation Between the EU, China and Russia Possible in Central Asia? - Vimarsana News

Connecting Eurasia: Is Cooperation Between the EU, China and Russia Possible in Central Asia?

<p style="text-align: center;"><span style="font-size: x-large;">Connecting Eurasia: Is Cooperation Between the EU, Ch...

Is This the End of Belt and Road, or Just the Beginning? - Vimarsana News

Is This the End of Belt and Road, or Just the Beginning?

On April 25-27, China’s government will host the leaders of dozens of countries to celebrate the Belt and Road Initiative (BRI), the signature foreign policy program of Xi Jinping. Since its founding in October 2013, the BRI now covers more than 150 countries and encompasses billions of dollars of deals. In late March, Italy became the first G-7 nation to endorse Belt and

On the prospects for global trade in 2021 - Vimarsana News

On the prospects for global trade in 2021

At the end of the first quarter of 2020, when Covid-19 was rapidly impacting all major economies, the WTO had predicted that during the year, global trade could record its slowest growth since the Great Depression in the 1930s. Three quarters later, the WTO has predicted that the world trade volumes will decline by less than 10% over the level in 2019. Although this is below the organisation’s most optimistic projection in April, which was a 13% decline, it should be pointed out that 2019 had also witnessed a marginal contraction of trade volumes. This implies that trade volumes will be vee...