Bashar-al-Assad inherited Syria’s presidency in 2000 after his father’s 30 years of rule.  Syria is a valuable asset in Iran’s imperium from Baghdad to Beirut, the Islamic republic opening to the Mediterranean.  It is the avenue which Russia stormed back in the Middle East to reclaim its seat to get to the top table of…

British Prime Minister Theresa May has initiated the Article 50 in the parliament to make the Brexit happen in exactly 2 years.  What is in store for Britain after it separates from Euro Union is a moot question being discussed here.  Brexit is a calculated risk with many uncertain outcomes.  But the main problem of…

June 8, 2017 is going to be an important day for British citizens.  PM Theresa May has called for a general election which she announced in the British Parliament on Tuesday April 18, 2017.  The election was not due till 2020 currently.  PM May is currently enjoying a thin majority in the parliament which she…

The first round of French Presidential Election took place on April 23, 2017 resulting in Le Pen and Macron getting the top two places.  One of them will eventually become President of France when the final round of election takes place on May 7, 2017.  Is there anything to worry about?  This is a conversation…

Being an ardent follower of global economic development, I am in a quandary as to where it is heading?  Is there going to be a steady economic growth or growth with inflation or a deflation?  There is no convincing evidence of what is in store?  Let us look at some possible answers and possibilities.  …

Herbert Stein former Chairman of the council of economic advisor under President Nixon made a remark which later on is the Stein’s Law.  He said that if something cannot go on forever it will stop. This amply is applicable to the Chinese credit growth.  Yet another economist Dornbusch added and I quote “The crisis takes…

The two great leaders Trump and Xi met in Florida on April 10, 2017 to discuss about serious bilateral issues relating to trade and exchange rate policies.  If the discussion is about trade imbalances between the two countries, it is unlikely that anything will come out of this meeting.  Besides Trump wants support from china…

One of the election promises of Donald Trump is to bring about fair trade practices.  As far as the US is concerned it appears more likely that this will happen thanks to his unflinching commitment.  The US has the largest trade deficit in the world averaging $500 billion annually.  This is not going to continue. …

In one of his not so friendly mood, President Trump announced that he is willing to put upto 45% Border Adjustment Tax (BAT) of on goods which are specifically imported in to the US from China.  He also blamed several other countries manipulating their currencies to take advantage in the US market.  His contention is…

President Donald Trump is of the opinion that Chinese currency is manipulated to ensure their exports continue to be growing.  In January 2016 the Yuan was trading at 6.4 and in December it touched 6.9 a near depreciation of 8%. The Yuan is expected to touch 7.5 by end 2017.  Trump wants to punish countries…