In this article, we shall look further upon the impacts that currency internationalization has not only on the issuer’s economy but also on its foreign policy, international power and status, as stemming from each currency function (medium of exchange, unit of account, store of value, both at the private and the public level). This will …
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China: Towards the Digital and Ecological Revolution?
“Airpocalypse” turns the air of the great Chinese cities into a kind of chronic and massive chemical attack. Meanwhile, ecological issues are gaining a new and strong political traction. In the meantime, China is also becoming a world leader of the digital transformation. In other words, two major dynamics run through China in the same …
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Final Scenario for the Future of Libya and their Likelihoods
Image: July Ceasefire posted by Government of National Accord Facebook page, 25 July 2017 Having evaluated the likelihood for each scenario for the future of Libya (see detail here), we shall now present updated likelihoods that account for changes that have taken place since we began the evaluations. Because both intervention and spillover are already …
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Sources of American Decline… and Power – The View from the U.S. National Intelligence Council
The question of a U.S. decline is increasingly on the agenda as signals seem to pile up to indicate a relative loss of power status. The last instance of such dynamics at play is the 4 to 8 October 2017 state visit to Russia of King Salman Saudi Arabia King Salman, a long-standing close ally of …
Towards the End of the US Dollar Supremacy? Global Currency Fundamentals
Editor’s note: We have been monitoring “behind the scenes” the US Dollar Supremacy and the challenges it faces over the last couple of years. Indications show that it is now time to move towards strategic foresight analysis of the issue. This series results from this need and our in-depth analysis will constitute the building blocks for scenario …
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Which U.S. Decline? The View from the U.S. National Intelligence Council
The second decade of the 21st century appears to be rough for the U.S.. Could it mean that American power is waning? The question of a putative decline of the U.S. regularly emerges in international relations and in the media since at least the 1970s (Kenneth Waltz; Theory of International Politics, 1979: 177-178). However, each …
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Climate Change: the Long Planetary Bombing
Executive summary The current and coming impacts of climate change are becoming equivalent to those of a long bombing. This can be seen with the damages wrought in Texas, Louisiana and Florida by hurricanes Harvey and Irma. In a few days, the total costs of these disasters has amounted to at least 290 billion USD, …
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Evaluating Likelihoods for the Future of Libya – A Lasting Salafist Victory
In this article, however unlikely it would appear currently*, we shall assess the likelihood of a lasting victory by the Salafists — in other words, the ability of Al-Qaeda or the Islamic State to not only achieve victory, but also to maintain lasting control. By victory, we mean a complete victory by one side over its adversaries, which is not imposed from the top down by external powers. In the previous article, we evaluated the likelihood for the initial victory of both Al-Qaeda and the Islamic State, finding that an Al-Qaeda victory was least unlikely. Now that intervention is already occurring, as we saw in our article on intervention scenarios, the “Salafist Victory” scenarios are considered to be sub-scenarios of …
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Evaluating Likelihoods for the Future of Libya – A Salafist Victory?
In this article, we shall assess the likelihood of a total victory in Libya in the medium term by al-Qaeda and the Islamic State. By victory, we mean a complete victory by one side over its adversaries, which is not imposed from the top down by external powers. In the previous article, we evaluated the likelihood for the lasting victory of each government, finding that a COR victory was least unlikely. Now that intervention is already occurring, as we saw in our article on intervention scenarios, the “Salafist Victory” scenarios are considered sub-scenarios of Scenario 2: Intervention instead of independent scenarios. As such, this will be reflected in the indicators, mapping and likelihoods. Indeed, as events unfolded and intervention took …
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Towards Renewed War in Syria? The Kurds and Turkey
President Erdogan “Countries We Consider Our Friends See No Problem in Cooperating with Terrorist Organizations”, Eid al-Fitr celebration, AK Party’s Istanbul branch, 25 June 2017 – Presidency of the Republic of Turkey.“The entire world should know that we will never allow the establishment of a terror state across our borders in northern Syria. … We will continue to crush the head of the serpents in their nests. Here is my message to those who want to block the steps we will take for the survival of our state and nation…” President Erdogan (Presidency of the Republic of Turkey, “Countries We Consider Our Friends See No Problem in Cooperating with Terrorist Organizations“, Eid al-Fitr celebration, AK Party’s Istanbul branch , 25 June …
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