The BRICS (Brazil, Russia, India, China, and South Africa) grouping has been around for over 15 years, but it has yet to live up to its full potential. Some critics argue that the BRICS is dead on arrival, pointing to the fact that the member countries have different political systems, economic interests, and development levels. They also argue that the BRICS has been unable to … [Read more...] about BRICS is dead on arrival
The global Mobile Network Operators (MNOs) market is expected to grow
The global Mobile Network Operators (MNOs) market is expected to grow from USD 130 billion in 2022 to USD 180 billion by 2030. The growth of the market is being driven by the increasing demand for mobile data and voice services, the growing adoption of 5G networks, and the increasing penetration of smartphones. Here are some of the key trends that are driving the growth of … [Read more...] about The global Mobile Network Operators (MNOs) market is expected to grow
Xi Jinping’s Economic Legacy: Failure
The Chinese economy is facing a number of challenges, including a slowdown in growth, rising debt, and an aging population. Experts believe that these challenges are so severe that the Chinese economy is beyond salvation. It is suffering because an increasingly autocratic government is making bad decisions. After four decades of fast growth, an era of disappointment is … [Read more...] about Xi Jinping’s Economic Legacy: Failure
Russia cannot spend Indian Rupee
Russia cannot spend Indian Rupee. Russia is a major exporter of oil and gas to India. In 2022, India imported about 80% of its oil from Russia. This dependence on Russian oil has increased since the start of the Russia-Ukraine war, as India has been looking for alternative sources of oil. India is also a major importer of fertilizers from Russia. These fertilizers are … [Read more...] about Russia cannot spend Indian Rupee
Mexico Surpasses China as Biggest US Trading Partner
According to the US Census Bureau, Mexico surpassed China as the biggest US trading partner in goods in 2022. The total value of US-Mexico trade in goods was $621.8 billion, up from $594.6 billion in 2021. US-China trade in goods was $606.7 billion in 2022, down from $680.8 billion in 2021. There are a few reasons why Mexico surpassed China as the biggest US trading partner. … [Read more...] about Mexico Surpasses China as Biggest US Trading Partner