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The two countries are reported to be collaborating on a widebody airplane to rival the Airbus A330 and the Boeing 787, both of which fleets will need to be replaced in coming decades. The Russian-Chinese effort aims for the planes' entry into service in about 10 years.
Airbus A330
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What is this?
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And not-so-civil aviation
Russia plans to sell “a considerable number” of SU-35 fighter jets to the Chinese military.
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Brazil, Russia, India, China, South Africa.
The group represents nearly 3 billion people and 25% of world GDP, roughly the share of the United States' economy.
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Dumping the US dollar, in other words. The dollar remains the world’s principal reserve currency. This move further weakens the dollar’s position, a trajectory sought by the BRICS (Brazil, Russia, India, China, South Africa) nations.
Michael Klare of Hampshire College:
China sees the dominance of the dollar in international trade transactions as a remnant of American global dominance, which they hope to overthrow in the years ahead. This is a small step in that direction, to reduce the primacy of the dollar in international trade.
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Xi is General Secretary of the Chinese Communist Party Central Committee, and President of the People’s Republic of China, and Chairman of the Central Military Commission. The leader of China, in other words. He solidified power in 2013.
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Moscow and Beijing inked what the Kremlin calls “the gas deal of the century,” a $400 billion natural gas deal between Russia’s Gazprom and China’s CNPC.
Cash of the Titans
Gazprom, the world’s largest natural gas company, is a public-private enterprise, with the Russian state maintaining majority ownership, while the CNPC, the world’s second largest corporation, is entirely state-owned.
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A metonym for the network of lobbyists in Washington, many of whom are based on the (in)famous street.
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Before starting the most successful media company in the history of the Internet, BuzzFeed founder Jonah Peretti was apparently an armchair Marxist and postmodern theorist. Some people believe this essay, first published just after Peretti graduated from UC Santa Cruz in 1996, lays the theoretical foundation for Buzzfeed’s media empire.
Peretti’s piece originally appeared in a Texas-based journal of critical theory called “Negations” that folded after four issues.
From the journal’s author bio:
“Jonah Peretti teaches computer applications and Internet publishing at the Isidore Newman School in New Orleans, Louisiana. He graduated Phi Beta Kappa from the University of California at Santa Cruz and has published and conferenced papers on critical theory, educational technology and environmentalism.”
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