In recent years, the Chinese Yuan Renminbi (RMB) has emerged as a popular form of exchange on the foreign currency markets in the Middle East. This arose as a direct result of the current global events that have shattered economies all across the world. The supremacy of the US dollar as an international currency has been called into doubt as […]

The gifts the Biden Administration has already given the Chinese Communist Party in just two years have been nothing short of exorbitant — and often to the detriment of the US. The Biden Administration intends to spend more than half a trillion dollars on “clean energy and climate action over the next decade”, according to the US Department of Energy. […]

In 2015, great optimism surrounded the China-Pakistan Economic Corridor (CPEC), with hopes that it would transform Pakistan into a formidable global player and a leading force in South Asia. However, what was initially seen as a well-intentioned effort to consolidate the relationship between the two countries has turned into one of the primary causes of Pakistan’s decline. Although there were […]

India’s engagements with Egypt have attained a new significance with Prime Minister Narendra Modi’s visit to Cairo on 24-25 June. During the visit, Prime Minister Modi and Egyptian President Abdel Fattah El-Sisi signed a ‘Strategic Partnership’ agreement that would serve as evidence of the growing ties between the two nations, holding promises for both geopolitical and economic realms. In a […]

The three-day state visit of India’s prime minister Narendra Modi to the U.S. was marked by the Biden administration’s attempts to pull India closer regarding the so-called containment of China. Modi is the third world leader who has been invited for a state visit during Joe Biden’s term in office thus far, after French President Emmanuel Macron and South Korean […]