China’s priority infrastructure project, the Belt and Road Initiative (BRI), faces enormous problems just seven years after it was proclaimed in 2013.
To begin with, I must state the projected fact that all major powers, US, China, EU as a whole, and Russia will come out bruised and battered by this Coronavirus, aka COVID-19, and quite possibly its second strain C
I will not speculate on what has driven so many governments to shut their countries down for at least a month. Doubtless, the truth will finally emerge. But that may be next year, or the year after.
I’ve been doing some more playing with the new-cases figures for coronavirus.
Arguably, no one has been more active in promoting and funding research on vaccines aimed at dealing with coronavirus than Bill Gates and the Bill and Melinda Gates Foundation.
Historically the greatest economic depressions have started with unexpected events on the periphery of major financial markets.