Inflation has been a long-term problem for Argentina with ups and downs, especially since the eighties. In 1989 a serious economic, political and social crisis began, with inflation reaching 3000% and street riots. To solve the situation, the country applied the Convertibility Policy, in which the value of the Argentine peso was brought into line with the US dollar. This …

As media attention has been hovering around an allegedly potential military invasion of Ukraine by Russian troops stationed in border regions, a possibly more decisive development is playing out in Kiev. Late last year, Petro Poroshenko – former Ukrainian president, oligarch and currently incumbent President Volodymyr Zelensky’s greatest competitor for next year’s presidential elections – has been charged with treason. …

It appears that North Korea conducted its second successful test flight of a hypersonic missile on Thursday, days after the event, the country’s leader Kim Jong Un vowed to the idea of bolstering his military forces despite pandemic-related difficulties, meaning that the North part of Korea will press ahead with plans to modernize its nuclear and missile arsenals rather than …

Relations between the two nations stretch back millennia as both countries were colonized by Spain during the Age of Imperialism, the two became military allies with the governments of each nation supporting one another. An ulterior testimony of their long-lasting alliance is the fact in 1949 when Indonesia got its independence, the Philippine government immediately supported and recognized Indonesian independence, …

The energy transition and the search for zero-carbon solutions have led to a decline in investment in fossil fuels worldwide. This is also due to the reduction in subsidies and the increase in carbon taxes. In the current phase of global economic recovery, where renewable energies are not yet able to fill this gap, the demand for energy far exceeds …

In September 2021, SCO launched officially the procedure to include Iran in its organization. With this new member the SCO is still expanding its territory over Asia, raising the number of inhabitants concerned directly by the organization and under the power of it, and gaining international status adding a democratic country. This diversity can be a powerful asset but also …

The history of Western Sahara is characterized by occupation. Since the end of the 19th century, its territory has been occupied by Spain, which exploited the large fishing grounds and the phosphate and hydrocarbon finds. During the 1960s, the UN insisted on the country’s decolonization, to which Spain gave in and announced a referendum (UN General Assembly, 1974). However, the …

From the 1st of January 2022, Ethiopia, Mali and Guinea have been excluded from the African Growth and Opportunity Act (AGOA). This program provides access to Sub-Saharan African nations to a duty free trade program. They have been excluded due to the fact that they breached a clause concerning human rights protection, good governance and transparency. Human rights, Good Governance …

Today’s international relations are characterised by the multipolarity of actors in the international system, with more and more countries influencing politics, security and economics. Eurasia has become a strategic region due to its economic potential and natural resources, which has led these countries to unite under the Shanghai Cooperation Organisation (SCO). Initially formed in 2001 by China, Kazakhstan, Kyrgyzstan, Russia, …

The Somalian President Mohamed Abdullahi Mohamed has suspended the power of the Prime Minister Mohammed Hussein Roble to hire and fire officials, causing an escalation of internal unrest in the Horn of Africa nation. The Prime Minister, accused to have stolen lands owned by the Somali National Army and to have interfered with a Defence Ministry’s investigation, will not be …