How Corruption sent Brazil Limping

Lets me begin with the happy beginning, Comperj is one of the largest petrochemical complex located in a small town Itaborai, Brazil. Located near the Santos Basin (recently discovered gas station) Comperj was one of the promising energy project in the country. The construction started in 2008.Thousand of people moved to the new town small […]

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Crony Capitalism

The Wikipedia definition of Crony capitalism is an economy in which businesses thrive not as a result of risk, but rather as a return on money amassed through a nexus between a business class and the political class. Sounds complicate, let me give you an example :- Let’s assume you want to buy fertilizers for your garden and there are two […]

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Made in China : Problems

The U.S. -China trade talks has started on Monday in Beijing to resolve their economic disputes rather that going all out tit for tat trade tariff  on each other. This talks will likely end with both parties coming to an agreement or deal as both the economies in this equation are not looking good in […]

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China and its Debt Trap Diplomacy

Debt trap diplomacy is type of diplomacy based on debt between two sovereign country. In this case one country gives extensive loans to its partner with the knowledge that the debtor country can’t pay back so that they can used it as a leverage for economical, political and geographical  concessions. The terms and conditions are […]

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