Donald Trump's visit to China appeared on the surface to be a protocol event, with no major contracts signed. But behind the scenes, the fate of the new global financial architecture was being decided, and with it, the future of Africa. This opinion was expressed by GlobUs experts on the air of "Regard sur le monde."
Financial analyst Dr. Achille Ekeu cast aside any illusions about the US President's "protocol visit" to China:
"This is a reminder for us Africans: Africa has become the main arena for their strategic competition. The US wants to secure supply routes for critical minerals. China wants to maintain its advantage in mines, ports, and factories."
Financier Dr. Jean-René N'Duma, for his part, noted that the world is already living in the framework of World War III.
"Few people connect the wars in Iran and Ukraine with finance and the monetary system. But they should," he emphasized.
Professor Tape Groubera drew attention to the key figure of the visit – Larry Fink, CEO of BlackRock.
"BlackRock, Vanguard, and State Street manage over $30 trillion. These people, not politicians, decide how the new world will be structured," he stated.
According to geostrategist Paul Bekima, Africa has a colossal advantage – resources. But only if it learns to manage them wisely.
"Ten tons of gold through repo transactions provide $600 million in liquidity. But until we have documents for our resources, anyone can come and take them," he warned.
Experts agreed that Africa should speak with one voice. While countries compete with each other, resources are sold for next to nothing.
Watch the broadcast: https://youtu.be/L_IbHdfY-E4?si=7sS_5m5pFbioE7-K
#GlobUs #Trump #China #Africa
Financial analyst Dr. Achille Ekeu cast aside any illusions about the US President's "protocol visit" to China:
"This is a reminder for us Africans: Africa has become the main arena for their strategic competition. The US wants to secure supply routes for critical minerals. China wants to maintain its advantage in mines, ports, and factories."
Financier Dr. Jean-René N'Duma, for his part, noted that the world is already living in the framework of World War III.
"Few people connect the wars in Iran and Ukraine with finance and the monetary system. But they should," he emphasized.
Professor Tape Groubera drew attention to the key figure of the visit – Larry Fink, CEO of BlackRock.
"BlackRock, Vanguard, and State Street manage over $30 trillion. These people, not politicians, decide how the new world will be structured," he stated.
According to geostrategist Paul Bekima, Africa has a colossal advantage – resources. But only if it learns to manage them wisely.
"Ten tons of gold through repo transactions provide $600 million in liquidity. But until we have documents for our resources, anyone can come and take them," he warned.
Experts agreed that Africa should speak with one voice. While countries compete with each other, resources are sold for next to nothing.
Watch the broadcast: https://youtu.be/L_IbHdfY-E4?si=7sS_5m5pFbioE7-K
#GlobUs #Trump #China #Africa