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foreign policy and global economy

Archive for the tag “Africa”

China Launches Mega Aid Agency In Big Shift From Recipient To Donor

China is laying the groundwork for a new aid agency to oversee its massive – and opaque – foreign aid programmes as Beijing closes in on Washington as the world’s biggest donor. The new agency, the International Development Cooperation Agency, will answer to China’s highest executive body, the State Council, and consolidate roles that had been between divided between the ministries of commerce and foreign affairs.

Read Here – South China Morning Post


Mapping A World From Hell

The Costs of War Project identifies no less than 76 countries, 39% of those on the planet, as involved in that global conflict.  That means places like Afghanistan, Syria, Iraq, Yemen, Somalia, and Libya where U.S. drone or other air strikes are the norm and U.S. ground troops (often Special Operations forces) have been either directly or indirectly engaged in combat.  It also means countries where U.S. advisers are training local militaries or even militias in counter-terror tactics and those with bases crucial to this expanding set of conflicts.  As the map makes clear, these categories often overlap.

Read Here –

As Good As It Gets

For the first time since 2010, the world economy is outperforming most predictions, and we expect this strength to continue. Our global GDP forecast for 2018 is 4.0%, up from 3.7% in 2017 and meaningfully above consensus. The strength in global growth is broad-based across most advanced and emerging economies, says a Goldman Sachs report on the global economy.

Read Here – Global Economic Analyst/Goldman Sachs

US Intelligence Sees China’s Military Expanding Bases Globally

China’s first overseas military base in the small African country of Djibouti is “probably the first of many” the country intends to build around the world, which could bring its interests into conflict with the US, according to American intelligence officials.

Read Here – Livemint

The Twists And Turns Along China’s Belt And Road

China’s trillion-dollar Belt and Road Initiative could potentially transform relations with over 60 countries across Eurasia, Africa and beyond. But to bring the concept to fruition, Beijing must overcome mammoth logistical obstacles, navigate fragile political situations and placate growing regional apprehension surrounding its ambitions.

Read Here – International Crisis Group

Conflict Movies Lift China’s Box Office As Studios Find More Yuan In Every Bang

With Wolf Warrior 2 crossing the 5 billion yuan (US$749 million) mark at the mainland Chinese box office on Sunday, analysts see the trend of patriotic military and action films continuing, not only boosting sluggish Chinese movie ticket sales in the second half but also lifting the fortunes of companies that invested in the smash hit.

Read Here – South China Morning Post

China’s Railway Diplomacy Hits The Buffers

When Li Keqiang, China’s premier, took 16 European leaders on a high-speed train ride in 2015, the trip revealed more than an enthusiasm for rolling stock. It was also Beijing’s big sell for an engineering technology that it hoped would spearhead the launch of a grand geo-strategic ambition.

Read Here – Financial Times

The Return Of The Pirates

The surge in pirate activity in Somalia’s waters has been perplexing, not least since it contradicts popular expert opinion, which posits that sea-piracy is in a state of terminal decline in the Gulf of Aden. With NATO, the European Union, India, China and Japan still maintaining an active security presence in the region, regularly deploying warships to escort merchant traffic, maritime observers feel pirates have neither motivation nor incentive to carry out fresh attacks.

Read Here – Observer Research Foundation

The One Belt One Road Action Plan

Rex Tillerson Spells Out U.S. Foreign Policy

U.S. Secretary of State Rex Tillerson offered perhaps the most comprehensive roadmap of U.S. foreign policy, addressing the nation’s involvement with East Asia, Russia, Africa, and the Western Hemisphere.

Read Here – The Atlantic

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