Europe's largest oil producer is effectively admitting the oil game is over and promises to divest from the industry – but it wants to play to the final whistle. Can it have it both ways?
Asian Infrastructure Investment Bank
If war and hostilities between the great powers are to be avoided, the future of global capitalism may well rely on a combination of Western markets and institutions backed up by totalitarian institutions like the regime in Beijing.
China and other emerging economies, frustrated by their lack of representation in global financial decision-making, could potentially create their own parallel institutions and, in the long term, construct a parallel or opposing economic system altogether.