How to Negotiate Peace With Honor in Global Currency Wars

Brazil’s president, Dilma Rousseff, and her finance minister, Guido Mantega, are attacking the U.S. Federal Reserve for embarking on a third round of quantitative easing. By aggressively buying bonds, the Fed aims to push interest rates lower, and that will nudge the dollar down as well. This will hurt Brazil and other developing-country exporters, Mantega says, and […]

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Georgian President Saakashvili Suffers Surprise Vote Setback

Georgian billionaire Bidzina Ivanishvili’s opposition coalition unexpectedly won the most votes in a parliamentary election yesterday, dealing a blow to U.S.-backed President Mikheil Saakashvili. Ivanishvili’s Georgian Dream group took the most ballots for party lists, according to some exit polls, while Saakashvili’s United National Movement claimed a stronger performance in single-member districts. The parliamentary majority […]

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Geography Strikes Back

If you want to know what Russia, China or Iran will do next, don’t read their newspapers or ask what our spies have dug up—consult a map. Geography can reveal as much about a government’s aims as its secret councils. More than ideology or domestic politics, what fundamentally defines a state is its place on […]

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Sequestration and What it Might Mean for American Military Power, Asia, and the Flashpoint of Korea

n recent months, concerns over sequestration and its impact on the US military have reached a fever pitch in Washington. Sequestration “would destroy the military” and cause an “inability to defend the nation” argued Senator John McCain, ranking member of the Senate Armed Services committee.[1]“Cuts of this magnitude would be catastrophic to the military,” testified […]

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Looking Beyond The Honeymoon

It is rare for the ideas people to be behind the curve but those who say the India–US relationship has been reduced to merely “feel good” meetings and junkets are exactly that — a little behind the curve. Critics in both Washington and New Delhi complain about the preponderance of grand rhetoric which remains unmatched […]

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China: What Kind of Superpower?

As nationalist war-mongering goes, the anti-Japanese demonstrations taking place across China have been relatively tame. Chinese authorities have maintained tight control over the protesters, some of whom call for an armed response against Japan over disputed islands in the East China Sea: Plastic bottle-throwing is allowed, glass bottle-throwing discouraged. For all the jingoistic talk, the […]

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