Eurodollars are dollar-denominated deposit liabilities of banks outside the United States. Even though estimates of the size of the Eurodollar market exceed $7 trillion, these instruments are virtually unregulated by the Fed. In 2008, the height of the financial crisis,…
Venezuela’s Collapse Frays Its Economic Ties With Russia
MOSCOW — In his toughest moments, President Nicolás Maduro of Venezuela has turned to Russia for support. When the United States sanctioned the Venezuelan energy industry in January, Russia’s oil firm Rosneft helped to divert its oil exports to Asia. And when…
Wagner group spotted. Russia using mercenaries to gain access to African resources
Russia has taken a more militaristic approach in Africa by is using mercenaries and arms sales to gain access to its natural resources, Thomas Waldhauser, Commander of U.S. Africa Command told the Senate Armed Services Committee, on February, 7. According…
Rise of Private Militaries in Africa
China, US, Russia and European involvement in the African security sector is steadily increasing. Driven by the need to secure resources and political influence, governments have deployed private militaries to enact policies without the fanfare and liabilities of military operations.…
Demystifying Debt Along China’s New Silk Road
Is Beijing really seeking to buy political influence abroad? China has one of the biggest global development footprints in the world. The only country with bigger official international finance flows is the United States. Still, Washington spent over four times…
Implementing a Security Strategy for Georgia
NOAC Full Article Here This article focuses on defence and security issues on the one hand and, on the other hand, on the related questions of the economy, trade and energy. These are two of the four issue-areas that the U.S.–Georgia…