China has entered a “new era” where it should “take centre stage in the world” said President Xi Jinping during his opening speech at the 19th National Congress of the Communist Party of China (18-24 October) (Xi Jinping: “Time for China to take centre stage”, BBC News, 18 October 2017). This is poised to have …
Continue reading “The Renminbi on the Tracks of the U.S. Dollar?”
Editorial – Risks on the US Dollar Supremacy? Among the flurry of articles part of the violent “battle for hearts and minds” regarding Ukraine and opposing directly Russia on the one hand, the U.S and Europe on the other, continues emerging, quite loudly this week, an interrogation regarding the international order, this time in its monetary guise. Put bluntly, the question is as follows: “Are we seeing the beginning of the end of the US dollar based international monetary order?” The question is related to oil because of the importance of petrodollars. We may thus wonder if a potential U.S. strategy, assuming it could work (read Steve LeVine article “How the US might persuade the Saudis to co-conspire in unleashing an oil …
Continue reading “The Red Team Analysis Weekly 145 – Risks on the US Dollar Supremacy?”
(photo by Mstyslav Chernov/Unframe – CC BY-SA 3.0 via Wikimediacommons) This series of articles deals with the core and basis of the foresight and warning analytical process, explaining it while stressing three most common challenges analysts and participants to workshops face: identifying factors correctly (this article); specifying actors objectively (2-); overcoming an inadequate mix of “actors and factors” (3-). Practical ways forward will be suggested. The example that will be used as case study throughout those three posts is the 2013-2014 crisis in Ukraine, with, as corresponding strategic foresight and warning (SF&W) question, “What are the possible futures for the Ukrainian crisis over the next two years?” Compared with our previous methodological series, these posts may seem to address more …
