Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts

Sunday, March 31, 2019

Chinese influence

More and more cultures and ideologies are mixing around the world.
Might we be used by God to influence, to make accessible His Gospel in this region, that knowledge of His glory might cover the earth
"China has fairly straightforward economic-political objectives across Eastern Europe: create the infrastructure necessary to extend its initiative in Europe, and where possible, trap weak local economies into debt dependency which will make them beholden to Beijing and give China a degree of diplomatic and political leverage," says Mujanovic, author of Hunger And Fury: The Crisis Of Democracy In The Balkans.
"China is not a 'balancing' element, it's another authoritarian power attempting to forward its own -- often quite destabilizing -- aims amid the vacuum created by EU and U.S. retreat and incompetence in the Western Balkans," he adds.
Read the entire article: 

BiH economy

I continue to study BiH.  Today I noticed the unemployment rate is on an overall declining rate over the past five years - a good thing! - from over 46% in 2014 to 34.5% in January 2019.


However, this leaves BiH in the #2 country in the world in terms of unemployment rate - not a good thing.


Pray that the Lord continues to heal BiH, in the area of economy and meaningful work.

Source:  https://tradingeconomics.com/bosnia-and-herzegovina/unemployment-rate