Black Friday – a consumer craze not only in the United States
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Max Fisher/Pexels Black Friday was born in the consumerist, distant America and falls on the first Friday after the American Thanksgiving, i.e. on the last Friday of November. Today, the celebration of shopping riot is already celebrated in most developed European, Asian and African countries. It is true that the […]

Russian schizophrenia in recession
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Eugene Liashchevskyi/Pexels Svobodnaya Pressa, a Russian media group, published an article on its website stating that while the sale of oil and gas, as well as other raw materials, continues to support the Russian state budget, “all other sources have seen a sharp decline, and the industry manufacturing and trade […]

Chinese billionaires are poorer
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An analysis of the data collected over the past two decades shows that more and more Chinese millionaires are entering the Hurun list, especially owners of leading technology companies. Even in the first tumultuous year of the pandemic, the Chinese outnumbered Americans in the number of new rich and billionaires. […]

Pentagon: China’s greatest threat to US security
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The threat from Beijing will determine how the US military will be equipped and shaped in the future, reads the latest US defense strategy published by the Pentagon. The document says the conflict with Beijing “is neither inevitable nor desirable.” It also describes actions to prevent China’s “dominance in key […]

Japan’s Accelerated Reinforcement
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Japanese warships, exercises in the Mediterranean, June 2022 (photo: navy.mil) The government in Tokyo signals the largest armaments since World War II as a response to the rapid modernization of China’s armed forces and an increase in their military activity in the region. Japan is planning, inter alia, the development […]

China is rebuilding the Wall
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The October 20th Congress of the Chinese Communist Party was held in a turbulent time. China, with its controversial ‘zero COVID’ policy, wants to completely block the transmission of the virus (which seems utopian). It results in numerous lockdowns that weaken the economy, and therefore the expected economic growth of […]

The German principle of solidarity: the strong takes more
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Europe is still struggling with the effects of the pandemic, but experts are under no illusion that it was only with decisive aid and the massive Next Generation EU recovery plan, the employment support fund “SURE” and joint vaccine management that it was possible to avert a deep recession. However, […]

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