Pubblicato in: Banche Centrali, Cina, Devoluzione socialismo, India, Regno Unito, Russia, Stati Uniti

Mondo. Proiezioni delle nazioni al 2050. Il trionfo dell’oriente. – Bloomberg.

Giuseppe Sandro Mela.

2022-01-04.

2022-01-01__ Proiezini GDP PPP al 2050 001

Pwc ha reso disponibile il report The World in 20250.

È un testo particolarmente lungo, per cui ne forniremo solo alcuni abstract.

* * * * * * *

«In our latest World in 2050 report we present economic growth projections for 32 of the largest economies in the world, accounting for around 84% of global GDP »

«But we expect a slowdown in global growth after 2020, as the rate of expansion in China and some other major emerging economies moderates to a more sustainable long-term rate, and as working age population growth slows in many large economies»

«China has already overtaken the US in 2014 to become the largest economy in purchasing power parity (PPP2) terms»

«In market exchange rate (MER) terms, we project China to overtake the US in 2028 despite its projected growth slowdown»

«The US could be down to third place in the global GDP rankings while the EU27’s share of world GDP could fall below 10% by 2050»

«We project new emerging economies like Mexico and Indonesia to be larger than the UK and France by 2030 (in PPP terms) while Turkey could become larger than Italy. Nigeria and Vietnam could be the fast growing large economies over the period to 2050»

«These are based on a model that takes account of projected trends in demographics, capital investment, education levels and technological progress»

«India’s share of world GDP in PPP terms could increase steadily from just under 7% in 2014 to around 13.5% in 2050»

«Our model projects that Indonesia (9th in 2014) and Brazil (7th in 2014) could rise to amongst the top 5 largest economies by 2050 in terms of GDP at PPPs»

Nota. La proiezione della EU27 deriva da un conto aggiornato.

* * * * * * *

Questa Tabella conferma sostanzialmente le precedenti.

Entro il 2050, ossia tra trenta anni, il blocco asiatico avrà a livello mondiale il predominio economico indiscusso.

Ciò che Bloomberg denomina ‘Free Economies’ altro non sarebbe che l’enclave liberal socialista occidentale, sempre poi che a tale data esista ancora. A tale data il suo spopolamento degli autoctoni sarà altamente drammatico.

L’occidente è destinato a scomparire, non tanto per la aggressività dei cinesi quanto piuttosto per la sua ideologia suicida.

Ci si metta quindi l’anima in pace. Quello delineato sarà il mondo i cui vivranno i nostri figli e nipoti.

* * * * * * *


Only 26% of World GDP to Come From Free Economies in 2050. – Bloomberg

«                       Highlights

In our latest World in 2050 report we present economic growth projections for 32 of the largest economies in the world, accounting for around 84% of global GDP.

We project the world economy to grow at an average of just over 3% per annum in the period 2014 – 50, doubling in size by 2037 and nearly tripling by 2050.

But we expect a slowdown in global growth after 2020, as the rate of expansion in China and some other major emerging economies moderates to a more sustainable long-term rate, and as working age population growth slows in many large economies.

The global economic power shift1 away from the established advanced economies in North America, Western Europe and Japan will continue over the next 35 years. China has already overtaken the US in 2014 to become the largest economy in purchasing power parity (PPP2) terms. In market exchange rate (MER) terms, we project China to overtake the US in 2028 despite its projected growth slowdown.

India has the potential to become the second largest economy in the world by 2050 in PPP terms (third in MER terms), although this requires a sustained programme of structural reforms3.

We project new emerging economies like Mexico and Indonesia to be larger than the UK and France by 2030 (in PPP terms) while Turkey could become larger than Italy. Nigeria and Vietnam could be the fast growing large economies over the period to 2050.

Colombia, Poland and Malaysia all possess great potential for sustainable long-term growth in the coming decades according to our country experts.

At the same time, recent experience has re-emphasised that relatively rapid growth is not guaranteed for emerging economies, as indicated by recent problems in Russia and Brazil, for example. It requires sustained and effective investment in infrastructure and improving political, economic, legal and social institutions. It also requires remaining open to the free flow of technology, ideas and talented people that are key drivers of economic catch-up growth.

We think that overdependence on natural resources could also impede long term growth in some countries (e.g. Russia, Nigeria and Saudi Arabia) unless they can diversify their economies.

                         Key findings: GDP projections to 2050

This report updates our long-term global economic growth projections4, which were last published in January 2013. These are based on a model that takes account of projected trends in demographics, capital investment, education levels and technological progress. We have updated both the base year data (from 2011 to 2014) and future assumptions on the key drivers of growth, as well as expanding the coverage of the model from 24 to 32 countries (now accounting for around 84% of total world GDP at PPP exchange rates).

The changing league table of world GDP in PPP terms is shown in Table 1. China is already the world’s biggest economy in PPP terms, and we project that India could have the potential to just overtake the US as the world’s second largest economy by 2050 in PPP terms (although the projected difference is small relative to the margin of uncertainty around any such projections).

We project that the gap between the three biggest economies (i.e. China, India and the US) and the rest of the world will widen over the next few decades. In 2014, the third biggest economy in PPP terms (India) is around 50% larger than the fourth biggest economy (Japan). In 2050, the third biggest economy in PPP terms (the US) is projected to be approximately 240% larger than the fourth biggest economy (Indonesia).

The rise of Indonesia and Nigeria through the world rankings throughout the period to 2050 is very striking: Indonesia rises from 9th in 2014 to 4th in 2050, and Nigeria rises from 20th in 2014 to 9th in 2050.

However, average income per capita (i.e. GDP per capita) will still be significantly higher in the advanced economies than the emerging economies in 2050. The current gap in income per capita between developing and developed countries is just too large to bridge fully over this period.»

Pubblicato in: Devoluzione socialismo, Economia e Produzione Industriale, India

India. Ridotte le tasse sull’oro. Export di gemme e gioielli +102% anno su anno.

Giuseppe Sandro Mela.

2021-12-03.

India 013

«→→ reduction in import duty of gold ←←»

* * * * * * *

«India’s exports of gems and jewellery during the first seven months of this financial year (up to October) has been 23.62 billion U.S. dollars, as compared to 11.69 billion U.S. dollars in last financial year»

«India can emerge as the largest diamond trading hub in the world»

«the federal government has declared the gems and jewellery sector as a focus area for export promotion»

«the federal government has taken various measures to promote investment for growth of the sector»

«→→ reduction in import duty of gold ←←»

«focus on design, diversification of export products, collaboration with other nations for cost-effective methods to enhance production of fusion jewellery, and promote lab-grown diamond»

this sector embodies the spirit of New India, contributing about 7 percent of India’s total gross domestic product (GDP) and employing more than 5 million workers»

* * * * * * *

Il Revamped Gold Monetisation Scheme attua una riduzione delle tasse sull’oro.

La manovra del governo indiano è quella di maggiore buon senso: ridotte le tasse sull’import e sulla produzione l’export cresce immediatamente, concorrendo adesso a formare il 7% del prodotto interno lordo e dando un sicuro lavoro a più di cinque milioni di persone.

A nostro sommesso parere, questo concetto dovrebbe essere lapalissiano.

* * * * * * *


India’s exports of gems, jewellery double in this financial year: minister.

New Delhi, Nov. 27 (Xinhua) — India’s exports of gems and jewellery during the first seven months of this financial year (up to October) has been 23.62 billion U.S. dollars, as compared to 11.69 billion U.S. dollars in last financial year, said the country’s Commerce and Industry Minister Piyush Goyal on Saturday.

He said that India can emerge as the largest diamond trading hub in the world.

In a video message during the inauguration ceremony of “Gems & Jewellery Manufacturing Show –2021,” Goyal said that the federal government has declared the gems and jewellery sector as a focus area for export promotion.

According to him, the federal government has taken various measures to promote investment for growth of the sector, such as the Revamped Gold Monetisation Scheme and reduction in import duty of gold.

“We should make our products a benchmark of quality, to further expand in new markets & deepen presence in existing ones.”

He laid out four points to make the country’s Gems and Jewellery a pioneer industry in the world: focus on design, diversification of export products, collaboration with other nations for cost-effective methods to enhance production of fusion jewellery, and promote lab-grown diamond.

Goyal said this sector embodies the spirit of New India, contributing about 7 percent of India’s total gross domestic product (GDP) and employing more than 5 million workers. Enditem

Pubblicato in: Banche Centrali, India

India. Vorrebbe bloccare le criptovalute. Herr Hjalmar Schacht torna di attualità.

Giuseppe Sandro Mela.

2021-11-30.

Schacht Hjalmar 001

«India seeks to block most cryptocurrencies in new bill»

«The government will allow only certain cryptocurrencies to promote the underlying technology and its uses»

«India is also looking to make a framework for the official digital currency issued by the Reserve Bank of India»

«India is looking to bar most private cryptocurrencies when it introduces a new bill to regulate virtual currencies»

«Through the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, India is also looking to make a framework for the official digital currency that will be issued by the Reserve Bank of India»

«The central bank has voiced “serious concerns” about private cryptocurrencies»

«Bitcoin, the world’s biggest cryptocurrency, is hovering around $60,000, and its price has more than doubled since the start of this year, attracting hordes of local investors»

«there are 15 million to 20 million crypto investors in India, with total crypto holdings of around 400 billion rupees ($5.39 billion)»

«But a senior government official told Reuters that the plan is to ban private crypto assets»

* * * * * * *

Cina. Dichiarate illegali le criptovalute e le loro transazioni. Un gran bel siluro.

«Nessuno stato sovrano può permettersi che una valuta non propria possa liberamente circolare, essere utilizzata per transazioni, ma a volumi e con prezzi di cambio stabiliti da realtà extraterritoriali»

* * *

Tutto il mondo è in piena stagflazione.

Di giovedì la notizia che la Spagna ha un PPI, indice dei prezzi alla produzione (Producer Price Index, PPI) del 31.9%.

I vari stati si stanno dando un gran da fare per ‘addolcire’ i macrodati quali il pil ed il PPI, ma i Consumatori esperiscono gli aumenti dei prezzi quando comprano qualcosa, a partire dagli alimentari.

Le banche centrali hanno accumulato debiti sovrani da capogiro ed hanno immesso nel sistema economico fantastiche quantità di liquidità: è un sistema che non può durare in eterno.

Da molti punti di vista sembrerebbe profilarsi un qualcosa che ricorderebbe i Mefo ideati a suo tempo da Herr Hjalmar Schacht. Obbligazioni fantasma di esclusivo uso interno, grazie alle quali la Reichsbank riuscì ad ottenere il contenimento dell’iperinflazione ed a riportare in pareggio il bilancio statale.

Il vero problema è che nel quadro mondiale di gente della levatura di Herr Hjalmar Schacht sembrerebbe non vederne nessuno.

* * *


India seeks to block most cryptocurrencies in new bill, government says.

– The government will allow only certain cryptocurrencies to promote the underlying technology and its uses, according to a legislative agenda for the winter Parliament session.

– Through the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, India is also looking to make a framework for the official digital currency issued by the Reserve Bank of India.

– Prime Minister Narendra Modi chaired a meeting to discuss the future of cryptocurrencies amid concerns that unregulated crypto markets could become avenues for money laundering and terror financing, sources said.

* * *

India is looking to bar most private cryptocurrencies when it introduces a new bill to regulate virtual currencies in the winter session of Parliament, the government said late on Tuesday.

The government will allow only certain cryptocurrencies to promote the underlying technology and its uses, according to a legislative agenda for the winter session that is set to start later this month.

Through the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, India is also looking to make a framework for the official digital currency that will be issued by the Reserve Bank of India.

The central bank has voiced “serious concerns” about private cryptocurrencies and is set to launch its own digital currency by December.

Bitcoin, the world’s biggest cryptocurrency, is hovering around $60,000, and its price has more than doubled since the start of this year, attracting hordes of local investors.

No official data is available but industry estimates suggest there are 15 million to 20 million crypto investors in India, with total crypto holdings of around 400 billion rupees ($5.39 billion).

Earlier this year, India’s government considered criminalizing the possession, issuance, mining, trading and transference of crypto assets, but a bill was not introduced

Since then, the government has changed its stance slightly and is now looking to discourage trading in cryptocurrencies by imposing hefty capital gains and other taxes, two sources told Reuters this month.

But a senior government official told Reuters that the plan is to ban private crypto assets ultimately while paving the way for a new Central Bank Digital Currency (CBDC).

Prime Minister Narendra Modi chaired a meeting to discuss the future of cryptocurrencies amid concerns that unregulated crypto markets could become avenues for money laundering and terror financing, sources told Reuters separately.

Pubblicato in: Devoluzione socialismo, Economia e Produzione Industriale, India

India. Impianterà miniere di carbone in Botswana.

Giuseppe Sandro Mela.

2021-11-23.

Botswana South Africa 001

«India’s Jindal Steel & Power Limited (JSPL) (JNSP.NS) will start building a coal mine in Botswana’s southeastern Mmamabula coalfields in 2022, aiming to supply the export market and a planned coal power plant»

«The Indian industrial giant aims for the mine to produce 4.5 million tonnes of coal per year»

«Work will start next year and develop in phases over two to three years»

«Regional demand is increasing and the South African market has appetite for Botswana coal»

«Despite the global shift from coal, Botswana is pushing ahead with developing its estimated 212 billion tonnes of coal resources»

«At the COP26 climate conference this month Botswana signed up to a global commitment to reduce the use of coal, but opted out of a pledge to stop issuing new coal mining licences»

«A last-minute intervention by India and China just before the conclusion of the climate talks changed a requested coal “phase out” to a “phase down»

* * * * * * *

Il mondo ha fame di carbone per alimentare la produzione di energia elettrica e per riscaldamento.

L’articolista costata il fallimento di Cop26, che

«changed a requested coal “phase out” to a “phase down».

Di qui al 2100 passerà molto tempo.

* * * * * * *


India’s Jindal plans to start building Botswana coal mine in 2022

Gaborone, Nov 19 (Reuters) – India’s Jindal Steel & Power Limited (JSPL) (JNSP.NS) will start building a coal mine in Botswana’s southeastern Mmamabula coalfields in 2022, aiming to supply the export market and a planned coal power plant, a company official said.

The Indian industrial giant aims for the mine to produce 4.5 million tonnes of coal per year.

“Work will start next year and develop in phases over two to three years. Regional demand is increasing and the South African market has appetite for Botswana coal,” Jindal Botswana country head Neeraj Saxena told Reuters.

Despite the global shift from coal, Botswana is pushing ahead with developing its estimated 212 billion tonnes of coal resources. In April, it shortlisted Jindal, Minergy Ltd (MIN.BT), African Energy Resources Ltd (AFR.AX) and Maatla Resources in a tender to build a 300 MW coal-fired power plant.

At the COP26 climate conference this month Botswana signed up to a global commitment to reduce the use of coal, but opted out of a pledge to stop issuing new coal mining licences.

A last-minute intervention by India and China just before the conclusion of the climate talks changed a requested coal “phase out” to a “phase down”. read more

The bidding for the 300MW power plant tender is down to three after Maatla Resources pulled out, citing challenges in accessing funding among other reasons.

Australia’s African Energy Resources is still in the bidding. The company plans to spin off its coal operations into an unlisted entity.

Minergy, which owns the country’s only operating privately-owned coal mine, has also said it will go ahead with the bid.

Botswana aims to increase renewable energy’s share of its electricity to 18% from the current 2% over the next 20 years, and the coal plant is its only currently planned fossil fuel based power project.

Pubblicato in: Armamenti, India

India. Testato il missile balistico intercontinentale Agni-5.

Giuseppe Sandro Mela.

2021-11-07.

India 013

«India has test-fired a nuclear-capable intercontinental ballistic missile with a range of up to 3,125 miles amid rising border tensions with China»

«India has test-fired a nuclear-capable intercontinental ballistic missile with a range of 5,000 kilometers (3,125 miles) from an island off its east coast amid rising border tensions with China»

«The successful launch on Wednesday was in line with “India’s policy to have credible minimum deterrence that underpins the commitment to no first use,”»

«The Agni-5 missile splashed down in the Bay of Bengal with “a very high degree of accuracy»

«Beijing’s powerful missile arsenal has driven New Delhi to improve its weapons systems in recent years, with the Agni-5 believed to be able to strike nearly all of China»

«India has been developing its medium- and long-range nuclear and missile systems since the 1990s»

«India is also increasingly suspicious of Beijing’s efforts to heighten its influence in the Indian Ocean»

* * * * * * *

È in corso a livello mondiale una corsa agli armamenti atomici sofisticati.

Sarebbe ovvia la constatazione che maggiore sia il numero di tali armamenti maggiore possa essere la possibilità di un conflitto a fuoco. Una guerra sembrerebbe essere vicina.

* * * * * * *


India tests nuclear-capable missile amid tensions with China.

India has test-fired a nuclear-capable intercontinental ballistic missile with a range of up to 3,125 miles amid rising border tensions with China.

New Delhi — India has test-fired a nuclear-capable intercontinental ballistic missile with a range of 5,000 kilometers (3,125 miles) from an island off its east coast amid rising border tensions with China.

The successful launch on Wednesday was in line with “India’s policy to have credible minimum deterrence that underpins the commitment to no first use,” said a government statement.

The Agni-5 missile splashed down in the Bay of Bengal with “a very high degree of accuracy,” said the statement issued on Wednesday night.

Beijing’s powerful missile arsenal has driven New Delhi to improve its weapons systems in recent years, with the Agni-5 believed to be able to strike nearly all of China.

India is already able to strike anywhere inside neighboring Pakistan, its archrival against whom it has fought three wars since gaining independence from British colonialists in 1947.

India has been developing its medium- and long-range nuclear and missile systems since the 1990s amid increasing strategic competition with China in a major boost to the country’s defense capabilities.

Tension between them flared last year over a long-disputed section of their border in the mountainous Ladakh area. India is also increasingly suspicious of Beijing’s efforts to heighten its influence in the Indian Ocean.

Talks between Indian and Chinese army commanders to disengage troops from key areas along their border ended in a stalemate earlier this month, failing to ease a 17-month standoff that has sometimes led to deadly clashes. India and China fought a bloody war in 1962.

Pubblicato in: Devoluzione socialismo, Economia e Produzione Industriale, India

Cop26. O l’ovest paga oppure India resterà a lungo con il carbone. ~5 trilioni di Usd.

Giuseppe Sandro Mela.

2021-10-25.

India 013

«COP26: Instead of lectures to India, West needs to pay up»

COP26: invece di fare la morale all’India, l’Occidente deve pagare.

* * * * * * *

«India is the third largest emitter of greenhouse gases, right below the United States and China, but before painting it as the climate bogeyman let’s not forget that it is far poorer – in income and energy consumption – than the US and China»

«Its GDP per capita (measured in constant international dollars) is $6,118- about one-tenth that of the US and a third that of China. Its consumption of electricity is also far lower – consuming just 972 kwh per person per year, which is only 8% of US consumption and 18% that of China»

«Raising the standard of living for millions of people requires investment in energy-intensive infrastructure such as roads, schools, and hospitals»

«People need cheap and reliable electricity to power their homes and businesses»

«→→ If the international community is serious about helping India to decarbonise and manage the impacts of climate change, they must be prepared to pay ←←»

«→→ They should provide at least $1 trillion in financing, preferably in grants, over the next decade ←←»

«→→ The cost of decarbonisation ranges from $1.3 trillion to several trillion dollars, depending on the net-zero year and other factors ←←»

«India will not only require funds to reduce its dependence on coal but also to transition workers to other jobs»

«rich countries are reluctant to provide compensation for losses and damage»

«India should not be party to a deeply inequitable framework for global climate mitigation and adaptation»

* * * * * * *

A fine ottobre si riunirà la Cop26.

I liberal occidentali erano convinti di poter raggiungere la unanimità nel bando dell’estrazione ed uso del carbone per poter realizzare il loro programma, la loro ideologia, sul ‘clima’.

Anche Joe Biden dovrebbe partecipare, solo che si sarebbe aspettato un trionfo, non una débâcle.

* * * * * * *


Il titolo del Times of India è inequivocabile.

COP26: Instead of lectures to India, West needs to pay up.

As world leaders gather in Glasgow, Scotland, next month for the COP26 summit to accelerate action towards the goals of the Paris Agreement (https://t imesofindia.indiatimes.com/topic/Paris-Agreement) and the UN Framework Convent ion on Climate Change, there will be renewed pressure on India to curb carbon emissions.

India is the third largest emitter of greenhouse gases, right below the United States and China, but before painting it as the climate bogeyman let’s not forget that it is far poorer – in income and energy consumption – than the US and China. Its GDP per capita (measured in constant international dollars) is $6,118- about one-tenth that of the US and a third that of China. Its consumption of electricity is also far lower – consuming just 972 kwh per person per year, which is only 8% of US consumption and 18% that of China.

India is undertaking an energy transition even as it works to alleviate poverty – no simple feat. Raising the standard of living for millions of people requires investment in energy-intensive infrastructure such as roads, schools, and hospitals. People need cheap and reliable electricity to power their homes and businesses. To advance its agricultural and industrial ambit ions, it will need to raise its consumption of electricity per capita – likely by a factor of four or five over the next decades – as it undergoes a transition from coal to cleaner sources of power. Beyond the energy transition, there are losses and damage arising from climate events and investments in resilient infrastructure.

If the international community is serious about helping India to decarbonise and manage the impacts of climate change, they must be prepared to pay. They should provide at least $1 trillion in financing, preferably in grants, over the next decade. (The actual amount required will be higher, but India has the capacity to raise capital as well.)

Analysis by the Council on Energy, Environment and Water (https:/itimesofindia.indiatimes.com/topic/Council-on-Energv.Environment- and-Water) reveals the substantial resources needed for India to undergo a deep decarbonisation. To decarbonise, India would need to scale up solar power to 5600 GW by 2070 (from the current level of 100 GW), reduce the share of fossil fuels drastically, and sell only electric trucks. The cost of decarbonisation ranges from $1.3 t ri llion to several trillion dollars, depending on the net-zero year and other factors.

Decarbonisation is not the only expense as the Indian economy is closely intertwined with the coal industry. India will not only require funds to reduce its dependence on coal but also to transition workers to other jobs. A just transit ion fund that will disburse at least $10 billion dollars a year t o support workers and communities is central to any attempt at a just transition. For example, India’s leading coal producer, Coal India alone pays nearly $8 billion per year in the form of taxes and dividends to national, state, and local governments, while pension obligations to over half a million retired workers cost up to $3 billion per year. If India shifts away from coal, these resources will need to be replaced with other forms of direct transfers or income support.

Then there is the cost of adapting to slow-onset climate events such as droughts as well as emergency events such as floods and storms. Analysis by leading research institutes in India shows that the country will need over $1 trillion in this decade alone, to adapt to the adverse impacts of climate change by building climate-resilient, energy-intensive infrastructure in both rural and urban areas. India will need to invest in energy-intensive const ruction of schools and homes that can withstand climate-related events. Indians with better education, health care, and well-built homes will cope better with heat waves and typhoons. Air conditioning- currently unavailable to most Indians-is a life-saver as temperatures rise. Roads, hospitals, power grids, early warning systems. and refrigerated food supplies protect against the worst outcomes of natural disasters.

Even as India takes steps to adapt to climate change, rich countries are reluctant to provide compensation for losses and damage. Ongoing floods in Kerala have already taken the lives of at least 25 people and destroyed livelihoods and infrastructure. Yet Carbon Copy cites a new UN report in which rich countries were reportedly successful in removing substantial mentions of loss and damage, thereby refusing to acknowledge that developing countries like India – most vulnerable to climate change – are largely not responsible for causing it. If rich countries want India to decarbonise and be more resilient, they should put their money where their mouth is. India should not be party to a deeply inequitable framework for global climate mitigation and adaptation.

Pubblicato in: Banche Centrali, Cina, Devoluzione socialismo, India, Russia

G20. Roma. Cina, Russia ed India non vogliono abbandonare il carbone.

Giuseppe Sandro Mela.

2021-10-22.

Buco nell'acqua. Lago Berryessa. California. 001

Buco nell’acqua.


Il G20 è la periodica riunione dei venti stati economicamente più progrediti a livello mondiale.

La riunione che si terrà dal 30 al 31 ottobre a Roma non verterà però sui problemi economici mondiali, come la stagflazione e la crisi del debito pubblico.

Tutto il programma è centrato sull’abbandono del carbone quale fonte energetica.

Ma sembrerebbe essere verosimile che sia un grandioso buco nell’acqua.

Cina, Russia ed India non intendono minimamente abbandonare il carbone quale fonte energetica.

Né Mr Xi né Mr Putin saranno presenti.

* * * * * * *

«Rome G20 precedes UN ‘COP 26’ climate meeting in Scotland»

«Phasing out coal a big hurdle ahead of Rome Oct. 30-31 meeting»

«Chinese, Russian leaders unlikely to be in Rome»

«The Group of 20 rich countries are divided over phasing out coal and committing to limit global warming to 1.5 degrees Celsius as they prepare for a crucial summit in Rome next week»

«The need to curb emissions will be high on the agenda of the Rome G20 gathering on Oct. 30-31, seen as a key stepping stone immediately ahead of broader United Nations climate talks, called COP 26, to be held in Glasgow, Scotland»

«So far big polluters such as China and India have dug in their heels and little progress has been made»

«the problem is in the commitment to 1.5 degrees and in the phase out of coal and fossil fuels by China, India and Russia»

«They also failed to reach unanimous agreement on fixing dates to end fossil fuel subsidies, halt international financing of coal projects and phase out coal power altogether»

«→→ At least four G20 leaders are not expected to come to Rome, including China’s Xi Jinping, at the helm of the world’s biggest greenhouse gas emitter, and Russia’s Vladimir Putin, head of the largest energy producer ←←»

«→→ Neither Russia, China nor India have committed to achieving net zero carbon emissions by 2050 ←←»

«→→ So far China is proving most reluctant to commit to the 1.5 degree ceiling, while India is most intransigent in not pledging net zero emissions by 2050 ←←»

* * * * * * *

Senza un accordo con Cina, Russia ed India, sarà una riunione utile solo a sancire la morte del ‘clima’, sempre poi che sia mai esistito.

* * * * * * *


G20 split over coal, 1.5 degree climate limit ahead of Rome summit – sources.

– Rome G20 precedes UN ‘COP 26’ climate meeting in Scotland

– Phasing out coal a big hurdle ahead of Rome Oct. 30-31 meeting

– Progress seen unlikely before sherpas meet next week

– Chinese, Russian leaders unlikely to be in Rome

*

Rome, Oct 21 (Reuters) – The Group of 20 rich countries are divided over phasing out coal and committing to limit global warming to 1.5 degrees Celsius as they prepare for a crucial summit in Rome next week, sources familiar with the negotiations said.

The need to curb emissions will be high on the agenda of the Rome G20 gathering on Oct. 30-31, seen as a key stepping stone immediately ahead of broader United Nations climate talks, called COP 26, to be held in Glasgow, Scotland.

So far big polluters such as China and India have dug in their heels and little progress has been made since G20 energy and environment ministers met in Naples in July, said three sources, asking not to be named due to the sensitivity of the talks.

“Countries are not moving, at the moment they are still just making sure their positions are heard loud and clear,” said one of the sources.

However he added that such intransigence was normal at this stage and any concessions were unlikely to come before G20 climate sherpas meet face-to-face next Thursday and Friday, immediately before their leaders’ weekend meeting.

“Where I see the problem is in the commitment to 1.5 degrees and in the phase out of coal and fossil fuels by China, India and Russia,” said another source, a G20 minister.

In Naples, energy and environment ministers recognised the desirability of limiting global warming to 1.5 degrees but fell short of a clear commitment to achieve the goal.

They also failed to reach unanimous agreement on fixing dates to end fossil fuel subsidies, halt international financing of coal projects and phase out coal power altogether, asking leaders to bridge the gaps at the upcoming Rome summit.

                         BIG-HITTERS STAY HOME.

At least four G20 leaders are not expected to come to Rome, including China’s Xi Jinping, at the helm of the world’s biggest greenhouse gas emitter, and Russia’s Vladimir Putin, head of the largest energy producer.

One source said while such absences were “not a great political signal,” they would not necessarily prevent progress.

Neither Russia, China nor India have committed to achieving net zero carbon emissions by 2050, considered a vital goal in limiting global warming to 1.5 degrees.

So far China is proving most reluctant to commit to the 1.5 degree ceiling, while India is most intransigent in not pledging net zero emissions by 2050, one of the sources said.

China and India are also among a group of countries that have not yet presented new national plans, known as Nationally Determined Contributions (NDCs) ahead of COP 26, on how they will help curb climate change.

The COP26 president, Britain’s Alok Sharma, said in a speech this month the G20, which accounts for 80% of global emissions, would be “make, or break” for achieving success in Glasgow.

However, one of the sources said breakthroughs were more likely in Glasgow than in Rome.

Big emitters like China, India and Russia tend to feel pressured and hectored by the Western countries at the G20, he said, making them defensive and reluctant to concede ground.

The much larger UN forum was more “neutral” and conducive to compromise, he said.

The Rome G20 will also focus on the coronavirus pandemic and how to foster global economic recovery, Italian Prime Minister Mario Draghi, who will chair the meeting, said on Wednesday.

Pubblicato in: Cina, Devoluzione socialismo, Geopolitica Mondiale, India, Russia

Dushanbe. Russia e Cina integrano l’Iran nello SCO. Altra débâcle irredimibile di Joe Biden.

Giuseppe Sandro Mela.

2021-09-27.

2021-09-27__ Iran entra nello SCO 001

Leaders Of Russia, China-Led Security Blocs Meet To Discuss Afghanistan

«Russia and its Central Asian allies have launched two days of talks in the Tajik capital to discuss the situation in Afghanistan a month after Taliban militants entered Kabul and seized power in the war-torn country.

Leaders of the Russian-led Collective Security Treaty Organization (CSTO) met for a summit in the Tajik capital on September 16, to be followed a day later by a gathering of the Shanghai Cooperation Organization (SCO), which includes China. ….

Founded in 2001, the SCO initially consisted of China, Russia, Kyrgyzstan, Kazakhstan, Tajikistan, and Uzbekistan before India and Pakistan joined in 2017. ….

Iranian President Ebrahim Raisi, whose country is an observer member of the SCO and keen to join the grouping, will attend the gathering.»

* * *

Iran to gain Central Asia clout with entry into SCO security club.

«Iran is set to join the Shanghai Cooperation Organization led by China and Russia as a full member, a move experts say will give Tehran more influence over Central Asia — including war-torn neighbor Afghanistan.

“Today, we will launch procedures to admit Iran as a member state of the SCO, and Saudi Arabia, Egypt and Qatar as new dialogue partners,” Chinese President Xi Jinping said via video link on Friday, addressing the SCO Council of Heads of State in Dushanbe, Tajikistan.

Xi said he was confident the “growing SCO family” would “be the builders of world peace, contributors to global development and defenders of the international order,” according to an English translation shared by China’s official Xinhua News Agency.»

* * *

Russia. Pakistan, Greater Eurasian Partnership ed Eurasian Economic Union.

«Russia e Cina stanno sviluppando un grandioso progetto strategico per l’erezione di una Greater Eurasian Partnership volta a riunire in una comunità di intenti e di reciproci benefici tutte le popolazioni euroasiatiche, ossia più di quattro miliardi di persone. I loro sono diplomatici dilungo corso, passati attraverso dure selezioni, ben diversi dai ministri degli esteri occidentali, che, tra l’altro, stanno in carica per tempo molto limitato, cambiando di volta in volta l’indirizzo politico.

*

Ad oriente prese dapprima campo la Sco, Shanghai Cooperation Organization, nata come meccanismo per favorire la risoluzione di dispute territoriali tra i sei paesi aderenti – Cina, Russia, Kazakistan, Kirghizistan, Tagikistan e Uzbekistan – l’organizzazione è andata progressivamente istituzionalizzandosi, intensificando la cooperazione tra i suoi membri tanto su questioni di sicurezza quanto in ambiti come quello economico, energetico e culturale.

Mesi addietro, senza alcuna tromba trionfante, ha preso corpo il Rcep. …

Adesso sta emergendo il progetto strategico russo della Greater Eurasian Partnership ed Eurasian Economic Union. Come dicono i nomi stessi, sono un piano che si articolerà su decenni, ma che saranno decenni di crescita comune.

“The Greater Eurasian Partnership has two broad economic goals. First, it aims to connect Russia and the EAEU to China’s Belt and Road Initiative (BRI). Its second, lesser goal is to move beyond China and connect the EAEU with Iran, India, and Southeast Asia.”»

* * * * * * *

                         In sintesi.

– Stati Uniti ed Europa hanno da lunga pezza annoverato l’Iran tra gli stati canaglia, fomentatori del terrorismo, colpendolo con un totale bando e coprendolo di sanzioni.

– Russia e Cina lo hanno invece ammesso a pieno titolo nello Sco, e di lì nella Greater Eurasian Partnership ed Eurasian Economic Union, una unione politica, militare ed economica, organizzazioni basate sulla non ingerenza negli affari interni e su rapporti paritetici.

– Sono improvvisamente mutati gli equilibri geopolitici mondiali a favore del Blocco Euroasiatico.

– Questa ulteriore débâcle della Harris-Biden Administration evidenzia molto chiaramente quanto poco pesino sia gli Stati Uniti sia l’Unione Europea.

Lasciamo alla arguta penna di Maurizio Blondet la descrizione dettagliata della risposta sinorussa all’Aukus.

*


La risposta di Russia e Cina all’AUKUS.

                         Integrano l’Iran

 Il magistrale pezzo di Pepe Escobar che ha seguito l’incontro della Shanghai Cooperation Organization e Dushanbe. Titolo originale:

                         L’Eurasia prende forma: come la SCO ha appena ribaltato l’ordine mondiale

Sotto lo sguardo di un Occidente senza timone, la riunione del ventesimo anniversario dell’Organizzazione per la cooperazione di Shanghai è stata focalizzata su due risultati chiave: dare forma all’Afghanistan e dare il via a un’integrazione eurasiatica a spettro completo.

Pepe Escobar

I due momenti salienti dello storico vertice del 20 ° anniversario dell’Organizzazione per la cooperazione di Shanghai (SCO) a Dushanbe, in Tagikistan, dovevano venire dai discorsi programmatici di – chi altro – i leader del partenariato strategico Russia-Cina.

Xi Jinping: “Oggi avvieremo le procedure per ammettere l’Iran come membro a pieno titolo della SCO”.

Vladimir Putin: “Vorrei sottolineare il Memorandum d’intesa firmato oggi tra il Segretariato della SCO e la Commissione Economica Eurasiatica. È chiaramente progettato per promuovere l’idea della Russia di stabilire un partenariato della Grande Eurasia che copra la SCO, l’EAEU (Unione economica eurasiatica), l’ASEAN (Associazione delle nazioni del sud-est asiatico) e l’iniziativa Belt and Road della Cina (BRI).”

In breve, durante il fine settimana, l’Iran è stato sancito nel suo legittimo ruolo eurasiatico principale e tutti i percorsi di integrazione eurasiatica sono convergenti verso un nuovo paradigma geopolitico e geoeconomico globale,.

(MB – L’Iran ha oggi due alleati veri, che si chiamano Russia e Cina. Sarà più difficile per Israele indurre gli americani a “bomb, bomb, bomb Iran” e fare canagliate come a uno stato-paria e isolato. Anche la speranza di Biden di trattare di nuovo gli accordi sul nucleare iraniano (che Teheran ha adempiuto fedelmente e Trump ha rotto) strappando a Teheran in cambio della levata delle sanzioni, in più, la rinuncia di missili di portata tale da colpire Israele, non è più praticabile. L’Iran con a fianco la Cina, cliente del suo petrolio e largitrice di investimenti, + può resistere a questo genere di ricatti)

“Dushanbe si è rivelato come l’ultimo crossover diplomatico. Il presidente Xi ha rifiutato con fermezza qualsiasi “lezione supponente” e ha sottolineato percorsi di sviluppo e modelli di governance compatibili con le condizioni nazionali. Proprio come Putin, ha sottolineato il focus complementare di BRI e EAEU, e di fatto ha sintetizzato un vero Manifesto multilateralista per il Sud del mondo.

Proprio sul punto, il presidente Kassym-Jomart Tokayev del Kazakistan ha osservato che la SCO dovrebbe promuovere “lo sviluppo di una macroeconomia regionale”. Ciò si riflette nella spinta della SCO a iniziare a utilizzare le valute locali per il commercio, aggirando il dollaro USA.

                         Guarda quel quadrilatero

Dushanbe non è stato solo un letto di rose. L’Emomali Rahmon del Tagikistan, fedele musulmano laico ed ex membro del Partito Comunista dell’URSS – al potere da non meno di 29 anni, rieletto per la quinta volta nel 2020 con il 90% dei voti – ha subito denunciato la “sharia medievale” dei talebani 2.0 e hanno affermato di aver già “abbandonato la loro precedente promessa di formare un governo inclusivo”.

Rahmon … era già al potere quando i talebani conquistarono Kabul nel 1996. Era obbligato a sostenere pubblicamente i suoi cugini tagiki contro l’”espansione dell’ideologia estremista” in Afghanistan – che di fatto preoccupa tutti i membri della SCO -afferma quando si tratta di distruggere loschi abiti jihadisti di stampo ISIS-K.

La polpa della questione a Dushanbe era nei bilaterali – e un quadrilatero.

Prendi il bilaterale tra il ministro degli Esteri indiano S. Jaishankar e il FM cinese Wang Yi. Jaishankar ha affermato che la Cina non dovrebbe vedere “le sue relazioni con l’India attraverso la lente di un paese terzo” e si è preoccupato di sottolineare che l’India “non sottoscrive alcuna teoria dello scontro di civiltà”.

È stata una vendita piuttosto difficile considerando che il primo vertice Quad si svolge questa settimana a Washington, DC, ospitato da quel “paese terzo” che ora è immerso nel profondo della modalità di scontro di civiltà contro la Cina.

Il primo ministro pakistano Imran Khan è satto in una serie di bilaterali: ha incontrato i presidenti di Iran, Bielorussia, Uzbekistan e Kazakistan. La posizione diplomatica ufficiale del Pakistan è che l’Afghanistan non dovrebbe essere abbandonato, ma impegnato.

Quella posizione aggiungeva sfumature a quanto aveva spiegato l’inviato presidenziale speciale russo per gli affari della SCO Bakhtiyer Khakimov sull’assenza di Kabul al tavolo della SCO: “In questa fase, tutti gli Stati membri hanno capito che non ci sono ragioni per un invito finché non c’è un legittimo, governo generalmente riconosciuto in Afghanistan”.

E questo ci porta all’incontro chiave della SCO: un quadrilatero con i ministri degli Esteri di Russia, Cina, Pakistan e Iran.

Il ministro degli Esteri pakistano Qureshi ha affermato: “Stiamo monitorando se tutti i gruppi sono inclusi o meno nel governo [afgano]”. Il nocciolo della questione è che, d’ora in poi, Islamabad coordinerà la strategia della SCO sull’Afghanistan e farà da intermediario nelle trattative talebane con i leader di spicco tagiki, uzbeki e hazara. Questo alla fine aprirà la strada verso un governo inclusivo riconosciuto a livello regionale dai paesi membri della SCO.

Il presidente iraniano Ebrahim Raisi è stato accolto calorosamente da tutti, specialmente dopo il suo energico discorso programmatico, un classico dell’Asse della Resistenza. Il suo rapporto bilaterale con il presidente bielorusso Aleksandr Lukashenko ruotava attorno a una discussione sul “confronto delle sanzioni”. Secondo Lukashenko: “Se le sanzioni hanno fatto del male alla Bielorussia, all’Iran e ad altri paesi, è stato solo perché ne siamo responsabili noi stessi. Non sempre siamo stati negoziabili, non sempre abbiamo trovato la strada da percorrere sotto la pressione delle sanzioni».

Considerando che Teheran è pienamente informata sul ruolo della SCO di Islamabad in termini di Afghanistan, non ci sarà bisogno di schierare la brigata Fatemiyoun – informalmente conosciuta come Afghan Hezbollah – per difendere gli Hazara sciiti. Fatemiyoun si è formata nel 2012 ed è stata determinante in Siria nella lotta contro Daesh, soprattutto a Palmyra. Ma se ISIS-K non scompare, questa è una storia completamente diversa.

Particolarmente importante per i membri della SCO Iran e India sarà il futuro del porto di Chabahar. Questa rimane la mossa cripto-Via della seta dell’India per collegarla all’Afghanistan e all’Asia centrale. Il successo geoeconomico di Chabahar dipende più che mai da un Afghanistan stabile – ed è qui che gli interessi di Teheran convergono pienamente con la spinta SCO di Russia-Cina.

Ciò che la Dichiarazione SCO di Dushanbe del 2021 ha enunciato sull’Afghanistan è rivelatore:

L’Afghanistan dovrebbe essere uno stato indipendente, neutrale, unito, democratico e pacifico, libero da terrorismo, guerra e droga.

È fondamentale avere un governo inclusivo in Afghanistan, con rappresentanti di tutti i gruppi etnici, religiosi e politici della società afgana.

Gli Stati membri della SCO, sottolineando l’importanza dei molti anni di ospitalità e assistenza efficace forniti dai paesi regionali e vicini ai rifugiati afghani, considerano importante che la comunità internazionale si impegni attivamente per facilitare il loro ritorno dignitoso, sicuro e sostenibile al loro patria.

Per quanto possa sembrare un sogno impossibile, questo è il messaggio unificato di Russia, Cina, Iran, India, Pakistan e i vari ‘stan’ dell’Asia centrale. Si spera che il primo ministro pakistano Imran Khan sia all’altezza del compito e pronto per il suo primo piano della SCO.

                         Quella tormentata penisola occidentale

Le Nuove Vie della Seta sono state lanciate ufficialmente otto anni fa da Xi Jinping, prima ad Astana – ora Nur-Sultan – e poi a Giacarta.

Questo è il modo in cui l’ho segnalato all’epoca.

L’annuncio è arrivato vicino a un vertice della SCO, poi a Bishkek. La SCO, ampiamente liquidata a Washington e Bruxelles come un semplice talk shop, stava già superando il suo mandato originale di combattere le “tre forze del male” – terrorismo, separatismo ed estremismo – e comprendeva la politica e la geoeconomia.

Nel 2013 c’è stata una trilaterale Xi-Putin-Rouhani. Pechino ha espresso pieno sostegno al programma nucleare pacifico dell’Iran (ricordate, questo è stato due anni prima della firma del Piano d’azione congiunto globale, noto anche come JCPOA).

Nonostante molti esperti all’epoca lo negassero, c’era davvero un fronte comune Cina-Russia-Iran in Siria (Asse di Resistenza in azione). Lo Xinjiang veniva promosso come snodo chiave per l’Eurasian Land Bridge. Il gasdotto è stato al centro della strategia cinese, dal petrolio del Kazakistan al gas del Turkmenistan. Alcune persone potrebbero persino ricordare quando Hillary Clinton, in qualità di Segretario di Stato, si è pronunciata in modo lirico su una Nuova Via della Seta a propulsione americana.

Ora confrontare il Manifesto del Multilateralismo di Xi a Dushanbe otto anni dopo, e ricordare come la SCO “ha dimostrato di essere un ottimo esempio di multilateralismo nel 21 ° secolo”, e “ha svolto un ruolo importante nel migliorare la voce dei paesi in via di sviluppo. ”

L’importanza strategica di questo vertice SCO che si terrà subito dopo l’Eastern Economic Forum (EEF) a Vladivostok non può essere sopravvalutata abbastanza. L’EEF si concentra, ovviamente, sull’Estremo Oriente russo e sostanzialmente promuove l’interconnessione tra Russia e Asia. È un fulcro assolutamente chiave del partenariato eurasiatico della Russia.

Una cornucopia di accordi è all’orizzonte: l’espansione dall’Estremo Oriente all’Artico e lo sviluppo della rotta del Mare del Nord, e coinvolgendo tutto, dai metalli preziosi e l’energia verde alla sovranità digitale che scorre attraverso i corridoi logistici tra Asia ed Europa attraverso la Russia.

Come ha suggerito Putin nel suo discorso programmatico, questo è ciò che riguarda la Greater Eurasia Partnership: l’Unione economica dell’Eurasia (EAEU), la BRI (Belt and Road Initiative), l’iniziativa dell’India, l’ASEAN e ora la SCO, che si sviluppa in una rete armonizzata, gestita in modo cruciale da “sovrano centri decisionali”.

                         Grande Asia di sovrani ed eguali

Quindi, se la BRI propone una “comunità di futuro condiviso per il genere umano” molto taoista, il progetto russo, concettualmente, propone un dialogo di civiltà (già evocato dagli anni di Khatami in Iran) e progetti economico-politici sovrani. Sono, infatti, complementari.

Glenn Diesen, professore all’Università della Norvegia sudorientale e redattore della rivista Russia in Global Affairs, è tra i pochissimi studiosi di spicco che stanno analizzando in profondità questo processo. Il suo ultimo libro racconta in modo straordinario l’intera storia nel suo titolo: L’ Europa come la penisola occidentale della Grande Eurasia: regioni geoeconomiche in un mondo multipolare .

Non è chiaro se gli eurocrati di Bruxelles – schiavi dell’atlantismo e incapaci di cogliere le potenzialità della Grande Eurasia – finiranno per esercitare una reale autonomia strategica.

Diesen evoca in dettaglio i paralleli tra la strategia russa e quella cinese. Fa notare come la Cina “sta perseguendo un’iniziativa geoeconomica a tre pilastri sviluppando la leadership tecnologica attraverso il suo piano China 2025, nuovi corridoi di trasporto attraverso la sua Belt and Road Initiative da trilioni di dollari e stabilendo nuovi strumenti finanziari come banche, sistemi di pagamento e internazionalizzazione. dello yuan. Allo stesso modo, la Russia sta perseguendo la sovranità tecnologica, sia nella sfera digitale che oltre, così come nuovi corridoi di trasporto come la rotta del Mare del Nord attraverso l’Artico e, soprattutto, nuovi strumenti finanziari”.

L’intero Sud del mondo, stordito dal crollo accelerato dell’Impero occidentale e dal suo ordine unilaterale basato su regole, sembra ora pronto ad abbracciare il nuovo solco, pienamente mostrato a Dushanbe: una Grande Eurasia multipolare di sovrani eguali.

Pubblicato in: Brasile, Cina, India, Russia

Brics. 13mo Summit, con novità. Vogliono un ruolo politico internazionale.

Giuseppe Sandro Mela.

2021-09-09.

BRICS 001

Il Club dei Brics è formato da Cina, Brasile, Russia, India e South Africa.

«Together, the five-nation group accounts for almost a quarter of the world’s total GDP and over 16% of world trade»

* * * * * * *

«Chinese President Xi Jinping will virtually meet his counterparts from Brazil, Russia, India and South Africa during the 13th BRICS Summit on Sept. 9»

«The leaders are expected to discuss issues such as counterterrorism, reforming multilateral organizations like the UN or the IMF, as well as the Covid-19 pandemic and regional developments»

«When the term was first coined, BRIC referred to the four prominent emerging economies of Brazil, Russia, India and China. South Africa was added in 2010»

«Indian Prime Minister Narendra Modi will chair Thursday’s meeting, which will also be attended by Brazil’s Jair Bolsonaro, Russia’s Vladimir Putin and South Africa’s Cyril Ramaphosa»

«India has outlined four priority areas for its chairship including reforms for multilateral organizations such as the United Nations and the International Monetary Fund, counterterrorism and using technology to achieve sustainable development goals, according to India’s Ministry of External Affairs»

«it is expected that Afghanistan could be on the agenda»

«The fate of BRICS has diverged since the first summit was held in Russia more than a decade ago. While China and India have grown exponentially, Russia, Brazil and South Africa have stumbled in exerting their influence on the global economy»

* * * * * * *

Cina. Un j’accuse ferocemente e brutalmente rude, e vero, contro gli Stati Uniti.

Cina. Si avvia alla maggioranza nelle Nazioni Unite.

Rappresentando il 25% circa del Pil mondiale ed il 16% dei commerci mondiali, i Brics si apprestano adesso a svolgere anche un ruolo politico globale. È questa una grande svolta.

La Cina da sola può contare su quasi la metà dei voti in aula alle Nazioni Unite, ed i Brics dovrebbero avere la maggioranza dei votanti.

L’operazione sul Fondo Monetario potrebbe essere più difficile, ma i Brics non dovrebbero poter essere ignorati più a lungo.

I tempi stanno mutando molto velocemente.

*


China’s Xi Jinping to attend virtual BRICS summit chaired by India

– Chinese President Xi Jinping will virtually meet his counterparts from Brazil, Russia, India and South Africa during the 13th BRICS Summit on Sept. 9.

– Indian Prime Minister Narendra Modi will chair Thursday’s meeting, which would also be attended by Brazil’s Jair Bolsonaro, Russia’s Vladimir Putin and South Africa’s Cyril Ramaphosa.

– The leaders are expected to discuss issues such as counterterrorism, reforming multilateral organizations like the UN or the IMF, as well as the Covid-19 pandemic and regional developments.

*

Chinese President Xi Jinping will virtually meet his counterparts from Brazil, Russia, India and South Africa during the 13th BRICS Summit on Sept. 9, the country’s foreign ministry said Wednesday.

When the term was first coined, BRIC referred to the four prominent emerging economies of Brazil, Russia, India and China. South Africa was added in 2010. Together, the five-nation group accounts for almost a quarter of the world’s total GDP and over 16% of world trade.

Indian Prime Minister Narendra Modi will chair Thursday’s meeting, which will also be attended by Brazil’s Jair Bolsonaro, Russia’s Vladimir Putin and South Africa’s Cyril Ramaphosa. India currently holds the group’s rotating chairship.

India has outlined four priority areas for its chairship including reforms for multilateral organizations such as the United Nations and the International Monetary Fund, counterterrorism and using technology to achieve sustainable development goals, according to India’s Ministry of External Affairs.

“In addition to these areas, the leaders will also exchange views on the impact of the Covid-19 pandemic and other current global and regional issues,” the MEA said Monday.

While the Indian ministry did not specify which global or regional issues would be discussed, it is expected that Afghanistan could be on the agenda. Developments in Kabul are likely to directly impact China, India and Russia.

India’s national security advisor Ajit Doval will present at the summit.

Modi previously chaired the BRICS summit in 2016 in Goa. Last year, the meeting shifted to a virtual format due to the pandemic.

The fate of BRICS has diverged since the first summit was held in Russia more than a decade ago. While China and India have grown exponentially, Russia, Brazil and South Africa have stumbled in exerting their influence on the global economy.

Meanwhile, the relationship between China and India deteriorated last year following border clashes high in the Himalayas.

Pubblicato in: Devoluzione socialismo, Economia e Produzione Industriale, India

India. 2021Q2. Investimenti esteri diretti 22.5 miliardi Usd.

Giuseppe Sandro Mela.

2021-09-07.

India 013

«India attracted foreign direct investment (FDI) inflows of $22.53 billion during the first three months of the fiscal year starting on April 1»

«90% higher than the April-June period last year»

«India’s automobile industry accounted for 27% of the total FDI equity inflow»

«computer software and hardware and the services sectors which accounted for 17% and 11% of the inflows respectively»

* * *

«Measures taken by the Government on the fronts of FDI policy reforms»

«cut corporate tax rates»

«investment facilitation»

«ease of doing business»

«labour reforms aimed at making hiring and firing workers easier»

* * * * * * *

Le ultime frasi racchiudono la ricetta economica infallibile per ottenere simili risultati.

Gli investimenti esteri fluiscono per gradiente verso i paesi ove possano trovare condizioni ragionevoli.

Fuggono invece dai paesi ad alta tassazione, con altri costi energetici, con un mercato del lavoro ingessato da norme e regole paralizzanti.

Annualizzando questo macrodato, l’India si porta a casa quasi novanta miliardi Usd che le sono piovuti dal Cielo.

Tutto qua. In fondo, dovrebbe essere un ragionamento semplice.

*


India attracts $22.5 bln in foreign direct investment in April-June 2021-govt

New Delhi, Aug 28 (Reuters) – India attracted foreign direct investment (FDI) inflows of $22.53 billion during the first three months of the fiscal year starting on April 1, 90% higher than the April-June period last year, the government said on Saturday.

India’s automobile industry accounted for 27% of the total FDI equity inflow, emerging as the brightest sector in Asia’s third-largest economy, followed by computer software and hardware and the services sectors which accounted for 17% and 11% of the inflows respectively, the trade ministry said in a statement.

“Measures taken by the Government on the fronts of FDI policy reforms, investment facilitation and ease of doing business have resulted in increased FDI inflows into the country,” the statement added.

Prime Minister Narendra Modi’s administration has cut corporate tax rates to woo manufacturers and revive private investment, introduced new farm laws and passed labour reforms aimed at making hiring and firing workers easier.