A record 1.3 million migrants applied for asylum in the 28 member states of the European Union, Norway and Switzerland in 2015 – nearly double the previous high water mark of roughly 700,000 that was set in 1992 after the fall of the Iron Curtain and the collapse of the Soviet Union. Read Here – […]
Russia’s recent use of an Iranian air base to bomb targets across Syria marks a striking new development in the history of Russian-Iranian relations. Throughout the 19th and much of the 20th centuries, Iran had unsuccessfully resisted Russian designs to control its land and influence its politics. Iran’s 1979 revolution was meant, among other things, […]
In November 1979, the Jinghe Share Holding Co. opened its doors in Tokyo, marking China’s first overseas investment and the start of the country’s transformative economic opening. Today, China has become the world’s second-largest investor and biggest supplier of capital. While other markets are in recession, China’s economy continues to grow, however slowly. Without question, […]
Joe Biden is now the vice president who will not be president. He’s been VP for seven and a half years, preceded by decades of work on U.S. foreign policy in the Senate, but the question remains whether he is distinctive in any memorable way for his work in international affairs. Was he simply a […]
Myanmar’s GDP may be growing at more than 8 percent. But the economic challenges in this country, where 70 percent of the population is employed in low-yield agriculture, are rendered formidable by crumbling and non-existent infrastructure, archaic laws, unskilled workers, low tax revenues, budget deficits and high inflation. Read Here – Bloomberg
The race to tap an $11.5 trillion pool of wealth held by Muslim individuals, institutions and governments is intensifying…While demand for investments that comply with the Koran’s tenets is rising, about $9.5 trillion of Islamic wealth still remains outside the Shariah finance industry, Malaysia International Islamic Financial Centre estimated in February. Read Here – Bloomberg
It’s possible that OPEC is crying wolf with hints of an output freeze next month in Algiers; but it’s also possible that they are ramping up production to take the sting out of a freeze. This is a delicate balancing act that the Saudis need to play very carefully. Read Here – OilPrice.com
India-Pakistan is not an international relations problem. It is a psychological one, where the success of the other can so easily be turned on its head to foment more resentment. The challenge is that the character of the Pakistani state needs to change. But it is difficult to see how escalating territorial disputes and insurgencies […]
China’s industrial overcapacity and economic and social difficulties can be an advantage for India, but for that the Modi government will have to change the thrust of its foreign policy. Read Here – The Wire
Global governance is the mantra of our era’s elite. The surge in cross-border flows of goods, services, capital, and information produced by technological innovation and market liberalization has made the world’s countries too interconnected, their argument goes, for any country to be able to solve its economic problems on its own. We need global rules, […]
looking beyond borders 