A lot of attention has been paid in recent years to energy-hungry China’s billion-dollar bids on oil fields in Canada and the Asian giant’s reliance on oil from countries like Iran and Sudan to fuel its growing economy. But its growing interest in another major oil producer has gone largely unnoticed, and if current trends […]
Egypt is going through what may be the most serious crisis since the overthrow of the Mubarak regime. At its heart is the decision by its Muslim Brotherhood-aligned president, Mohammed Morsi, to issue a decree that shelters his actions from judicial review, effectively giving him more power than his predecessor had. Denounced as a latter-day […]
The growing focus of Indian companies, including government ones, on emerging markets across Asia and Africa, and the attendant political risks of doing business in a dynamic policy regime—a problem that several Western multinationals have encountered in India—has highlighted a new challenge for New Delhi: protecting the overseas investments of Indian firms. Earlier this week, […]
Following the conclusion of the 18thParty Congress, a new Politburo Standing Committee, the top leadership body of the Chinese Communist Party, has been named. Much of the recent commentary has revolved around whether or how China’s new leaders will pursue much-needed economic and political reforms. An equally important question concerns the future direction of Chinese foreign policy under Xi […]
THE first act of the rebel army that conquered Goma, a city in eastern Congo, on November 20th was to march up to the border with neighbouring Rwanda, as if for a celebratory inspection. A few hundred fighters with Kalashnikov rifles paraded past the silent guns of the United Nations peacekeepers, who were meant to […]
Political turmoil in Egypt entered its fourth day Monday, after President Mohammed Morsi’s surprise power-grabbing decree galvanized the opposition and set off rounds of street violence, at a time when the nation needs unity to make difficult economic decisions. Egypt’s economy was already in trouble, with foreign reserves having fallen 40 percent since the uprising […]
One of Congo’s biggest eastern cities fell to a powerful rebel force on Tuesday, Nov. 20, in a war that may redefine the region but has produced little political action by the United Nations, the United States, and international powers that heavily support neighboring governments — notably Rwanda, a Western darling and aid recipient — that are backing the […]
When oil prices spiraled much higher in global markets between 2003 and 2008, the governments of several oil-producing nations — including Algeria, Bolivia, China, Ecuador, Russia and Venezuela — responded by expropriating local assets of independent oil companies that had contracted to operate in their territories, or by imposing large windfall taxes on their oil […]
A CLUTCH of archaeologists sits in a freshly upholstered auditorium near the Roman amphitheatre in Leptis Magna to learn how to use a global positioning system, something restricted to the security forces under Colonel Muammar Qaddafi. “Take a picture, then note the co-ordinates,” says an instructor, showing slides of the ruins (pictured above). The country […]
Over the next decade, the U.S. military will need to undertake the most dramatic shift in its strategy since the introduction of nuclear weapons more than 60 years ago. Just as defense budgets are declining, the price of projecting and sustaining military power is increasing and the range of interests requiring protection is expanding. This […]
looking beyond borders 