Category: Economy

Reasons for OPEC’s Failure to Reduce production & Supply

Strategic Council Online: Russia’s creeping penetration in OPEC as a mate to OPEC and its non-cooperation with OPEC in its latest bid to avert further damage to member states shows that OPEC’s monopoly power in the oil market before being defeated by America’s growing power in production and extraction of Shale oil is struck by the double standards strategy and unilateralism of its members with non-member allies.

Reza Majidzadeh – Researcher in Political Economy of Development

One Virus, One World: A Glance at Effects of Coronavirus on Economy

Strategic Council Online: A university professor said the Corona crisis will affect the state of the global economy and slow its growth. He noted however, one must not worry much about the world entering a new crisis because in most of the major countries involved in the Corona crisis the skills of governance are high enough not to let the global economy fall into a crisis similar to the 1990s and 2008-2009, namely the collapse of the dominoes of major economic sectors.

UK Continues Cooperation with Huawei dispite Growing US Threats

Strategic Council Online: An international affairs expert citing US warnings to Britain over cooperation with Huawei said: Postponement of a scheduled meeting between Johnson and Trump is part of a comprehensive plan considered by the United States to press London to cut cooperation with Huawei. However, for now, the prevailing analysis is that England will not change its mind.

Chinese Economy and Consequences of Coronavirus

Strategic Council Online: The Coronavirus has hit the Chinese economy badly, and it will, for a long time, make China’s economy vulnerable. When China’s annual economic growth reaches below 6%, political alarm bells will be sounded, meaning 2020 maybe a year of domestic political challenges for the Beijing government.
Dr Saeed Attar – University Professor

US Concern over Britain-Huawei Cooperation

Strategic Council Online: A university professor referred to the sharpening of differences between the United States and Britain over the latter’s cooperation with the Chinese Huawei company, saying that the British appear to have included multilateralism and expansion of members in their foreign relations portfolio.

Consequences of Economic Sanctions for US Economy

Strategic Council Online: Michigan Journal on International Law forecasts $15 to $19 billion in sanctions losses caused by losing export markets, which is equivalent to 200,000 to 260,000 jobs lost.
Reza Tavakoli – International Economic Relations Researcher, Office of Economic Diplomacy Studies, Imam Sadegh University

Golden Opportunity for Iranian Private Sector in Syrian Reconstruction

Strategic Council Online: With stability gradually returning to Syria, the countries at war with Syria are now struggling to make a contribution to rebuilding the country and at the same time reap the economic benefits.
Mohammad Lahooti – President of the Iranian Export Confederation

China and Russia: Strategic Relations or Strategic Rivalry?

Strategic Council Online: An expert on Russian affairs, said that China and Russia not only have opposing interests sometimes but could be rivals on other times. “Although the leaders of the two countries term ties as strategic but in the opinion of theorists China-Russia relations are not strategic.”

Accelerating Pace of Development in South and East Asia

Strategic Council Online: Although some countries in South and East Asia are different in terms of macroeconomic stability, they are well-developed in terms of infrastructure and adoption of state-of-the-art technology and have the ability to innovate their businesses.
Reza Majidzadeh – Researcher in Development Economics

Future of OPEC and Iran’s Approach

Strategic Council Online: Most of the OPEC member states are Saudi allies who have taken anti-Iranian positions on various occasions, and more than OPEC they have sought to strengthen the Persian Gulf Cooperation Council.
Reza Majidzadeh – Researcher in Political Economy of Development

Perspective of Iran- EAEU Cooperation

Strategic Council Online: If Iran under the sanctions and under circumstances that Europe too has failed to meet its commitments, could properly pursue its cooperation with Eurasia an opportunity for expanding regional trade and increasing Iran’s non-oil exports will be provided.
Afshar Soleimani – Former Iranian Ambassador to the Republic of Azerbaijan

The Scope of New US-EU Trade War

Strategic Council Online: A strategic affairs expert says a new round of tariff war between Europe and the United States appears to have been shaped. He added that a series of issues has made trade disputes between the two sides more complex, especially if Trump puts into effect his threat to significantly raise car import and parts tariffs from Europe to the United States it would be like a bomb that would completely change the bilateral trade relations.

RCEP, ECO: Potentials to Develop Closer Cooperation

Strategic Council Online: The most important cooperation potentials of the Economic Cooperation Organization (ECO) and the Regional Comprehensive Economic Partnership (RCEP) are: RCEP’s significant contribution to the global economy, the common interests of certain member states of both organizations in trade and economic war with the United States, and RCEP’s open doors to admit other economic organizations.

America’s Forced Compromise with China on Trade War

Strategic Council Online: If China reduces its investments and deposits in the United States it will inflict great losses on Washington; therefore, before this happens, Trump will be forced to make a compromise with China.
Ismail Bashari – China Affairs Expert

USD’s Declining Supremacy over Global Economy

Strategic Council Online: As international economic observers and analysts expected, the joint meeting of world central bank governors held in New York was more newsworthy than the previous years.
Central Bank of England Governor’s remarks that the world should end its risky reliance on the dollar became the most controversial position taken by a senior economic official at the summit.
Hamideh Safamanesh – International Relations Researcher

US Budget Deficit: Trump’s Achilles Heel!

Strategic Council Online: Donald Trump’s general plan is aimed at restoring the US administration’s financial stability in a bid to balance the budget over a 10-year period, but it is unclear how he wants to stabilize the budget without an economic plan to raise taxes and launch fundamental reforms in social security and health care sectors in the long run.
Reza Majidzadeh – Economic Researcher

Negative Implications of the Caspian Gas Pipeline and Ways to Counter It!

Strategic Council Online: An expert on strategic issues says given that the Caspian Sea currently lacks a legal regime, the US decision to launch a Trans-Caspian Gas Pipeline with the aim of transferring gas to Europe is in clear contravention of the rights of coastal states and an open violation of the International maritime law.

De-Dollarization: China-Russia Strategy to Counter US Political Blackmail

Strategic Council Online: The trade war between China and the United States has been turned into a full-fledged dispute over the past several months; in recent weeks, the two sides have done everything in their power to push through the trenches to advance in this economic war.
Hamideh Safamanesh -International Relations Researcher

China’s “String of Pearls” strategy, fact or fiction?

The international system during the past few decades has witnessed the steady rise of China as a new great power and game-changer. For over a century the United States has possessed the world’s largest economy, but at present trajectories, China may replace it during the first half of the century and emerge as the leading economy of the world. China’s economic growth has also fueled a rapid modernization of its armed forces enabling Beijing to assert its presence more bluntly in areas of dispute especially in the Taiwan Strait and the south china sea. China’s territory size, population, Geography, vibrant economy, relative stability and growing military capabilities have all helped it to confidently elevate its international standing with improved geopolitical status enabling Beijing to establish itself as a decisive player in global affairs.
Hossein Ebrahim Khani – Former ambassador, and research fellow at the IPIS, Tehran

Economic Recession Shadow over US!

Strategic Council Online: Commenting on the US economy, a top expert on strategic issues, citing Washington’s 27 per cent budget deficit, said: “There is a significant risk to the US economy, and the important thing is that an outlook for a recession in the US economy has been created. And this has caused whispers of a recession not only in America but also in some European countries.”

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