Discovering new sources of energy always creates the opportunity to increase regional cooperation and increase stability and security in a given region. However, at the same time, these resources can also increase tensions. In recent years, maritime resources have been the focus of both coastal states and trans-regional powers. Numerous …
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The main goal of OPEC is to coordinate and unify the oil policies of its members, and to identify the best ways to protect their interests individually and collectively. OPEC is also looking for ways to guarantee world market prices by eliminating unnecessary volatility. OPEC’s continuing viability and its impact …
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The Chinese economy has recently boosted its foreign exchange earnings and substantially increased its currency reserves. The increase in China’s foreign exchange reserves and resources has provided the government with the opportunity to become one of the major actors in the supply of international relations and the global economy. China …
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