Almost a year ago, President Xi Jinping made a historic visit to Riyadh, followed by several landmark deals. Trade between the two reached $106bn in 2022 – almost double the value of Saudi Arabian-US trade. Recently, the central banks of China and Saudi Arabia have agreed on their first currency […]
Tag: Geopolitics
EU on the decline
Geopolitically and militarily, the EU has never been a big player. Contrary to some great-power fantasies in the Brussels political bubble, it is merely an appendage of the USA. Economically, too, the cartel of states is barely getting off the ground in the face of fundamentally conflicting national capital interests. […]