China has embarked upon one of the most ambitious and controversial infrastructure endeavors ever undertaken – an immense hydropower mega-project on the Tibetan Plateau that is garnering global attention due to both its scale and opacity. The Medog Hydropower Station planned on Yarlung Tsangpo River (commonly referred to downstream as Brahmaputra), will become world’s largest...
Article Category: Financial War
Article
Russia Likely Views Asset Confiscation as Financial War with EU
Analysts and officials predict that Russia would interpret any move by the European Union to seize frozen Russian state assets as an act of “financial war,” further straining an already tenuous relationship between Moscow and Brussels. At stake are billions in Russian central bank reserves as well as state-linked assets frozen since the start of...