Cuba's detractors have long been guilty of dismissing the achievements of the Cuban Revolution, while some of its supporters have lapsed into romanticizing the hardship its people have endured as a consequence of its isolation.
Jilin Province in China has offered to build a railway to Vladivostok for Russia’s Far East Region of Primorsky Krai. It would be the first cross-border high-speed rail link between the two countries and Russia’s major Pacific port.
China may more than double its investment in the Russian economy to $10 billion within 5 years if conditions are favorable, said the Deputy Secretary-General of the China Overseas Development Association He Zhenwei.
China Railway Group Ltd has won a $390 million contract to develop the Moscow-Kazan high-speed railway which is to be further extended to China. The railway will become part of the new Silk Road project.
The Heilongjiang branch of the Export-Import Bank of China has allocated over $96.5 million to construct the Chinese section of the Sino-Russian railway bridge. The first railway bridge over the Amur River should cut transportation times and boost trade.
Russia and China have signed a number of energy, trade and finance deals on Friday aimed at strengthening economic ties. The two countries have multiple mutual projects which “achieved a unity of views on a wide range of issues.”
Russia could become the third largest participant in the China-led Asian Infrastructure and Investments Bank (AIIB) and enter its board of directors, said Stanislav Voskresensky, Deputy Minister of Economic Development.
World Bank projects in developing countries have had a dramatic impact, forced displacement and the impoverishment of local communities and indigenous people, political analyst Josh Klemm from International Rivers told RT.
Each UK citizen has amassed a debt of £3,400 ($4,976) without even knowing about it. This is due to a UK government scheme that signed controversial deals with private companies to borrow money on behalf of the public and pledging to pay it back later.