World economy







china-asia

China-Based Bank Shows Asia is Rising

By Jarno Lang | On June 29, under the leadership of China, 50 founding members signed contracts to create the Asian Infrastructure Investment Bank (AIIB), with its main hub in Shanghai.



Stop being crude – US crude oil versus retail oil prices (rebased)

The imminent inflation increase

London | UBS | At the risk of making an obvious point, the fall in crude oil prices is not all there is to the impact of oil on consumer price inflation.


China FabricaTC

La Cina è vicina (China is Near)

Marco Bellochio was probably unaware of how close China could become when he directed his famous movie portraying a rotten Western society besieged by Mao’s revolutionary thrust. History eventually proved that the Little Red Book had less enduring success than the Holy Bible…