Global Military Spending Falls For First Time Since 1998

Global military spending fell for the first time since 1998 despite spending increases in Russia and China, according to the Stockholm International Peace Research Institute’s (SIPRI) annual report,which was released on Monday. “Global military expenditure fell in 2012, to $1753 billion, equivalent to 2.5 percent of global gross domestic product (GDP). Although the fall was only 0.5 percent […]

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The Biggest Threat To China’s Economy

Fitch Ratings downgraded China’s long-term local currency debt one notch, from AA- to A+.  The primary reason for the move was the country’s too-rapid expansion of credit, one of the “underlying structural weaknesses” the agency cited in its announcement.  Many analysts in fact think the debt resulting from then Premier Wen Jiabao’s borrowing binge, which began to accumulate in earnest […]

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Saying It With Flowers, And With A Bomb…

North Korea celebrated the 101st anniversary of its founder’s birth with flowers on Monday, although there was no sign of tension easing as South Korea warned that the North’s survival could be in question without change and development. Saying it with The North has threatened for weeks to attack the United States, South Korea and Japan after new U.N. […]

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To Erase Militarist Past, Japan Must Re-Learn It

As Japan searches, still confusedly, for a new identity within Asia, it may come to appreciate, as Jeff Kingston, a close observer of contemporary Japan, writes, “the potential benefits of reassuring past enemies.” But how will the effort at reconciliation with victims of Japanese aggression shape official memories of Japan’s war in Asia? In most Asian […]

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Putin’s Leadership Trap

When elected president in 2000,Vladimir Putin‘s first order of business seemed straightforward: strengthen the Russian state and bring it back from oligarchic control and regional warlordism. Consolidation was in order. There were two ways to achieve that. Read Here – Moscow Times  

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What’s The Future For the MDGs?

Since their inception in 2000, The Millennium Development Goals have revolutionized the global aid business, using specific targets to help mobilize and guide development efforts. They have encouraged world leaders to tackle multiple dimensions of poverty simultaneously and provided a standard for judging performance. As their 2015 expiration looms, the time has come to bank […]

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Exceptional Risks, Exceptional Precautions

The exceptional risk posed by mammalian-transmissible H5N1 viruses justifies exceptional precautions to avoid their accidental release. Until January 2013, influenza researchers observed a self-imposed “pause” on research on these viruses. This moratorium was always meant to be temporary, so a critical question is what regulations on research with mammalian-transmissible H5N1 viruses should now take its […]

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The Missing Strategic Pivot In Japan-Saudi Relationship

In a few weeks’ time, Japanese Prime Minister Shinzo Abe will visit Saudi Arabia with an avowed objective of fostering the cordial relationship between the two countries. That is exactly where the relationship has always been — cordial and businesslike without cultivating strategic opportunities. The relationship between the two countries has been dominated by trade except for […]

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Afghanistan Held Hostage By Warlords

Last week the UK’s defence select committee published a report which concluded that civil war in Afghanistan is likely when international forces leave next year. If the predictions of ‘Securing the Future of Afghanistan’ are correct, the Foreign Office and Ministry of Defence share much of the blame. When I returned to Kabul in January […]

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