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Showing posts from November, 2021

Platts' international price for gasoline has almost doubled since January 2021

  Platts' international price for gasoline has almost doubled since January 2021 Nika Chitadze Professor of the International Black Sea University Director of the Center for International Studies   The global average retail price of gasoline has doubled over the past 20 years. This is a world trend, which has several main reasons, and the price of gasoline in Georgia could not ignore this inevitable reality. The price of various gas stations in the country has gradually increased. Only since October 1, the price has increased by an average of 10-15 tetri/liter, which is 3-4% of the price. In general, economists cite OPEC + 's restrictions on oil production, rising international prices for oil products, excise duty, and the GEL exchange rate as reasons. Recently, the noticeable increase in prices in Georgia is mostly due to the first two reasons. S&P Global Platts is a platform that reports on the market price of energy products, including fuel. Through it, the price

The China Military Strategy in 21st Century – Power Capability Geopolitics and Military Expansionism

      Marcin Muniak Vakhtang Maisaia      The China Military Strategy in 21st Century – Power Capability Geopolitics and Military Expansionism     Summary   China is pursuing two main national goals that mark its return to the club of great powers. The country's economic growth made it possible to undertake reforms of the armed forces, and to start a program of modernization and structural changes. The expansion of the PRC's area of interest far beyond the country's borders, due to the huge foreign trade and import of energy resources, naturally requires redefining the tasks of the armed forces and adapting them to operate outside the country. From the geopolitical point of view, this is the behavior typical of any center of power in the past and today.       Keywords: China, armed forces, military strategy, expansion, strategic interests, national goals, US-Chinese rivalry, Great Renaissance, Xi Jinping, the PLAN, geopolitics.   The growth of

COVID-19 Geopolitics and Its Impact on Contemporary Eurasia Development

  Piotr Palusiak                                                                                                          31.12.2020   COVID-19 Geopolitics and Its Impact on Contemporary Eurasia Development          According to World Health Organization, COVID-19 is an infectious disease, caused by newly discovered coronavirus [1] . In the moment when this essay is being written, about 1,5 million people died from this virus, and almost 67 million were infected, which caused huge and  hard to predict consequences throughout the world.      Because of rapid increase of coronavirus cases, many countries started to make decisions which resulted in smaller amount of peoples contacts, which in many countries, ended in lockdown of all economies. The economic collapse of many countries (which had problems since 2008 financial crisis) is a fact and will have results for many years. Limiting scale of production or closing businesses causes smaller GDP, rising unemployment and very