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The Global Economy’s Uneven Recovery

Photo by Ehud Neuhas on Unsplash

While the US, China, and other leading economies are on their way to a robust recovery, many others are struggling to return to pre-pandemic GDP levels. In most regions, including Europe and Latin America, the 2020 recession will most likely leave long-lasting scars on both GDP and employment.

Read Here | Project Syndicate

India Has Key First-Mover Edge On China In Iran

When China clinched a massive $400 billion bilateral investment pact with Iran, a 25-year deal that seeks to revive the heavily sanctioned and economically isolated nation, few noted that India was already well-engaged. By the end of May, India will begin full-scale operations in its first foreign port venture at Iran’s Chabahar, a facility that opens on the Gulf of Oman that will aim to facilitate more South Asia, Central Asia and Middle East trade while bypassing Pakistan.

Read Here | Asia Times

With Xinjiang Cotton, Beijing Is Taking On The World

Beijing might have come to a difficult realisation: the West has made up its mind on Xinjiang and can no longer be dissuaded. While there is still some debate over whether the policies in the north-western Chinese region constitute genocide, major Western countries agree that it is a gross violation of human rights. 

Read Here | The Interpreter

China’s Next Geopolitical Goal: Dominate Antarctica

China’s ambitions in the Arctic are well-documented, starting with Beijing’s own 2018 Arctic Strategy, which proclaimed the country a “near-Arctic” power and outlined a “Polar Silk Road.” Since then, though almost two thousand miles from the Arctic Circle, China has been aggressively promoting this agenda in international forums, through investments in actual Arctic states, and by aggressive construction of a fleet of polar icebreakers.

Read Here | The National Interest

China Eyes Great Welfare Leap Forward

In February, China’s President Xi Jinping announced a large and bold plan for a nationwide basically all-encompassing welfare system, arguing it is a crucial issue for state stability. It is a correct assessment because if there is no social security there will be a potential army with nothing to lose that will feel cast out from the general prosperity and will destabilise the country.

Read Here | Asia Times

China Is Not Ten Feet Tall

China is the second most powerful country in the world and the most formidable competitor the United States has faced in decades. Yet at the same time, and in spite of its many visible defects, the United States remains the stronger power in the U.S.-Chinese relationship—and it has good reason to think it can stay that way. For all the obstacles facing the United States, those facing China are considerably greater.

Read Here | Foreign Affairs

Myanmar’s Coup Was A Chronicle Foretold

The putsch, the first in Myanmar since 1988, came after days of swirling rumors and reports of an impending military action. And like previous coups in the country, it was justified in the name of democracy: Myanmar’s constitution allows the army to take power in order to prevent any situation that “may disintegrate the Union or disintegrate national solidarity or that may cause the loss of sovereignty.” 

Read Here | Foreign Affairs

Obituary For A Failed Presidency

Photo courtesy: White House / Flickr

In the end, Trump was everything his haters feared—a chaos candidate, in the prescient words of one of his 2016 rivals, who became a chaos President. An American demagogue, he embraced division and racial discord, railed against a “deep state” within his own government, praised autocrats and attacked allies, politicized the administration of justice, monetized the Presidency for himself and his children…

Rea Here | The New Yorker

Can Janet Yellen Rebuild The U.S. Economy?

Even if vaccine relief to the U.S. economy were to occur by the spring of next year, Yellen will still have to address problems from the pandemic’s serious scarring to the U.S. economy.

Read Here | The National Interest

Quad 2.0 Is Off To A Good Start – It Must Keep Going

The Quad was conceived in an August 2007 meeting in Manila, held on the sidelines of ASEAN Regional Forum… It was widely perceived as a security forum to rein in the Chinese belligerence in the Indo-Pacific and re-establish a rule-based international order.

Read Here | The Diplomat

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