From 2010 onwards, China has become a relevant foreign investor in Brazil, mainly through State-owned companies investing in infrastructure – particularly in the energy sector. In the first years of the current decade, Chinese investment has been widely welcomed in an environment characterized by declining investment rates and low economic growth. However, more recently, some concerns have been raised of an “excessive” dependence of China state companies in sectors perceived as stra ...
The cooperation between Brazil and Morocco dates back to the 19th century, when Moroccan migrants came to Brazil attracted by the then booming exploration of rubber in the Amazon rainforest. In 1861, the Brazilian government opened its first consulate in Tangier. But it was only since 1961, with the Moroccan independence, that the bilateral relations began to diversify.
At the political sphere, there has been a fluid dialogue, driven by convergent views on several issues related t ...
Empirical models of international commodity trade ows tend to show that exchange rate volatility has either no or negative impact on export volumes. This analysis has a number of limitations. In particular, it underestimates the role of physical traders and, consequently, the importance of future markets. In this context, this article aims to provide the theoretical underpinnings to demonstrate that these traders play a very particular role and that they have an influence on the rea ...
The New York Times reported this morning that after the shot down of an U.S. drone by Iranian forces, President Trump ordered military retaliation, but called it off in the early phase. Below is a facts' review through the international press perspectives.
“You are pushing everyone towards a confrontation”
Unusually, the satellite images were not presented to the media. Possibly, the photos were taken from a submarine, or there was fear that the enemy could figure out who and how ...
The world is navigating through turbulent waters, witnessing one the most significant transitions ever in its history. With the ascension of China and the steady decline of the United States, there is a general sense of insecurity and fear about the future and the unknown. Change is never a comfortable period due to the turmoil it frequently generates. The relationship between the United States and China will never be the same, but it will not end up in war, as some expect. China is ...
Les Etats-Unis ont alternativement défendu le système westphalien et fustigé ses principes d’équilibre des forces et de non-ingérence dans les affaires intérieures d’autrui en les prétendant immoraux et démodés. Il leur est même arrivé de faire les deux à la fois. Ce qui ne les empêche pas de continuer à affirmer la validité universelle de leurs valeurs pour l’édification d’un ordre mondial pacifique et de se réserver le droit de les soutenir à l’échelle planétaire.
Henri Kissinger ...