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Chinese political scientist and venture capitalist Eric Li, founder of Guancha.cn.

A Global Regime Change Is on Its Way, in Which Neutrality Is the Key — Chinese Political Scientist to Mandiner

‘I believe that small countries have a big role to play in the current situation…In this kind of environment, I think that smaller countries that can maintain their neutrality are the ones that will win. But the ones that don’t…

Cooperation and Confrontation: Navigating Tensions in the Indo-Pacific

The Danube Institute organized a prominent conference addressing the geopolitical tensions and opportunities for collaboration in the increasingly significant Indo-Pacific region. During the event experts from nations with interests in the region examined its future prospects through two panel discussions….
Officials, including South Africa's President Cyril Ramaphosa, Russia's President Vladimir Putin and China's President Xi Jinping, attend a plenary session in the outreach/BRICS Plus format at the BRICS summit in Kazan on 24 October 2024.

Will the Expansion of BRICS Dethrone the Dollar as the World’s Reserve Currency?

Despite BRICS countries’ impressive recent expansion and acquired regional and international leverage both economically and politically, the US dollar’s position as the global reserve currency seems unshakable at present…Upon examining the situation globally, it can be observed that 90 per…
Vladimir Putin and Mongolian President Ukhnaagiin Khurelsukh attend a reception marking the 85th anniversary of the victory in the 1939 Battles of Khalkhin Gol in Ulaanbaatar on 3 September 2024.

ICC’s Loss of Face in Mongolia — Why Ulaanbaatar Failed to Arrest Putin

‘Albeit few expected Mongolia to actually make the arrest, the case is nevertheless indeed a blow to the ICC’s credibility and generally to the Western institutional system. The unsurprising development of Putin walking away free exposes the fallacy of Western…
President Donald J. Trump, joined by Chinese Vice Premier Liu He, sign the U.S. China Phase One Trade Agreement in the East Room of the White House on 15 January 2020

Decoupling and Reorganization

‘If the West wants to maintain its geopolitical weight and address its internal tensions, it should focus primarily on solving its own structural problems…, rather than transforming these internal problems into a global geopolitical conflict. External conflicts and total attempts…

USD Is Still King of All Currencies Despite Fears of It Losing Global Dominance

‘In the end, the USD’s centrality to the system of global payments also increases the power of sanctions it imposes on other countries or individuals. In truth, since almost all trade is done in American dollars, even trade among other…
The leaders of Brazil, Russia, India, China, and South Africa meet at the annual BRICS Summit. New Delhi, India, 29 March 2012

The Rise of BRICS, De-Dollarization, and the Global Economy

In the short term, the process of de-dollarization is exploiting the current state of the business cycle in the US and EU. Just a small decrease in the number of transactions in which the dollar is denominated will cause a…
Hans Holbein the Younger, The Ambassadors (1533). National Gallery, London, UK

Europe’s Self-Determination and Self-Assertion: Hungary’s Role in a Multipolar World

‘The international reorganization resulting from the changed role and situation of the United States will not be without consequence for Europe. At the same time, due to political and cultural challenges, there are at least serious questions regarding the future…
Gustave Doré, Arrival of Charon (1857). Illustration to the Divine Comedy by Dante Alighieri. Private Collection

Navigare necesse est: The Reshuffling of the World Order as Seen from Hungary

‘As opposed to the European mainstream, which proclaims multiculturalism but in reality wraps itself up in cultural arrogance, Hungary’s openness and pragmatic stance towards the seven eighths of the world that is outside the Western realm already confer an advantage…
A coal power plant (illustration)

How Will Global Carbon Emission Be Reduced While Coal Use in Power Plants Continues to Increase?

Despite climate and clean energy transition targets, the current energy crisis has forced many countries to increase coal-based power generation. The question is: can we expect a turn in coal use in the shorter or longer term, and closely related…

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