A decade after AN INCONVENIENT TRUTH brought climate change into the heart of popular culture, comes the riveting and rousing follow-up that shows just how close we are to a real energy revolution. Former Vice President Al Gore continues his tireless fight traveling around the world training an army of climate champions and influencing international climate policy...
NDB Bank: A step towards the concept of Planetary Rent!


The launch of the BRICS Development Bank suggests that BRICS countries have no intention of disappearing into economic and policy oblivion. The establishment of a $100 billion dollar liquidity reserve and a $50 billion New Development Bank (NBD) in Shanghai marks the start of a new financial system. As each country acts to maximize its own utility, the emerging economies of the BRICS nations will create a paralleling international financial system ultimately challenging the hegemony of the current western-dominated system.
Planetary rent: a radical economic innovation


Global problems are a curse of the world today. They include international terrorism, climate change, impoverishment of large groups of population and the depletion of natural resources. To date, the global community has made little progress in addressing these global challenges. This is despite the continued work of global institutions, the adoption of the doctrine of sustainable development, and the signing of the Kyoto Protocol. The problem is that there is no global anti–crisis management policy that would involve a plan of addressing global issues, a consolidated budget, and a single management center.
One Belt, One Road - Great initiative or a Road to nowhere


At one level, One Belt, One Road has the potential to be perhaps the world’s largest platform for regional collaboration. What does that actually mean? There are two parts to this, the belt and the road, and it’s a little confusing. The belt is the physical road, which takes one from here all the way through Europe to somewhere up north in Scandinavia. That is the physical road. What they call the road is actually the maritime Silk Road, in other words, shipping lanes, essentially from here to Venice. Therefore it’s very ambitious—potentially ambitious—covering about 65 percent of the world’s population, about one-third of the world’s GDP, and about a quarter of all the goods and services the world moves.
Social Degradation in the Context of Economy of Rent- and Resource-based Colonialism


The social sphere, culture and education hardly ever draw investments or become the focus of government care in the so-called “pipeline economy”, or to use a better term, in the economy of rent- and resource-based colonialism.
Intellectual Vector of World Economic Development


The world economy is largely a euphemism that masks the basic problem of the global world which consists of markedly uneven markets, social and technological disparities in national economies’ development levels, capital-output ratios and competitiveness. In its direct sense, the concept of the world economy is justified only to the extent that global trade and global logistics exist, which in turn are limited by a number of economically subjective factors.

The rise of the Titans


Although the year started with a sharp drop in temperatures, it seems that the geo-political and financial temperatures are not going to fall anytime in near future. Yesterday we had the following points made very clear by the U.K. Administration:
1. Britain will not seek to remain a member of Europe single market.
2. The legal jurisdiction in Britain of the European Court of Justice will end.
3. But it will seek a free-trade deal with the European Union
4. Both houses of Parliament must approve any final deal.
Global Economic Outlook for Globe, Russia and Saudi Arabia (Reflection on oil & gas sector) 2017


Russia - oil accounts for some 13% of Russia’s GDP and a considerable larger share of its exports. There are many predictions of how oil prices will develop in future but one thing is relatively widely agreed upon: the oil price won’t bounce back above 100 USD per barrel in the near future. It is also almost as widely agreed that 2016 will mark the low-point of prices. For example The World Bank expects oil price to recover to 48 USD by 2017. Saudi Arabia - The deficit shrank to 297 billion riyals ($79 billion) in 2016. That was well below a record 367 billion gap in 2015, and below the government
Meaning and Basis of Planetary Integration


At the beginning of the 21st century, people feel united as never before but also, paradoxically, they feel disunited at the same time! Having found ourselves on the brink of self-destruction, we perceive with a varying degree of conscious awareness the need to unite in the face of unseen threats. At the same time, we are divided by serious disagreements based on divergent interests, values and ambitions.
UN Transformation Concept


Many political scientists, economists, experts and analysts of modern international social processes have long argued that despite its continuous activity and sessions, the United Nations can hardly be said to fulfil its charter functions in full. They blame it on the UN outdated structure, inadequate decision making and decision enforcing mechanisms, and insufficient resources.