For many years, the US dollar has been the official currency for international commerce. However, there has recently been discussion of developing a new currency in order to replace the dollar and challenge the dollar’s hegemony. The situation worsens in 2022, when the world witnesses an unprecedented wave of sanctions …

Brazil, Chile, Nigeria, and Kazakhstan are four key “priority countries” the EU aims to keep close in its efforts to deal with Russia and contain China, according to an internal memo seen by EURACTIV. “We find ourselves in a competitive geopolitical environment: not only a battle of narratives but also …

In March 2023, at his summit meeting in Moscow with Chinese President Xi Jinping, Russian President Vladimir Putin announced that he was ready to create a joint Chinese-Russian working group to develop what the Russians call the Northern Sea Route (NSR) and the Chinese the Polar Silk Road (TASS, March …