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looking beyond borders

foreign policy and global economy

Archive for the tag “Associated Press”

Brazil’s Fear Of Colonisation

Brazil and China can’t seem to agree on what either country is getting out of their economic ties

Read Here – Quartz

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The Twitter Threat

Never in the history of written communication could 140 characters have the impact that they can have now. Two weeks ago, after gaining access to the Associated Press’s main Twitter account (@AP), the Syrian Electronic Army (SEA) posted a fake tweet reporting two explosions in the White House and the injury of President Barack Obama. Within seconds, US financial markets dropped by about 1%.

Read Here – Project Syndicate

How Have Trade Patterns Changed in Favour of China

China‘s positive economic influence has been surging in surrounding countries over the past five years, as the nation overtook the United States to become the largest trading partner of 124 economies by 2011. The number was only 70 in 2006.

The US may not be as thrilled. The country has seen a sharp decrease in trading partners during the same period, from 127 to 76.

China now boasts the world’s biggest exporter and second-largest importer, with its foreign trade growing 6.2 percent year-on-year to hit $3.867 trillion in 2012. Among that, exports to the EU, China’s biggest trading partner, reached $333.99 billion, down 6.2 percent from a year earlier, while imports from the bloc edged up 0.4 percent to $212.05 billion.

Read Here – China Daily

Eyeing Rich Bounty, China In Line For Afghan Role

 China, long a bystander to the conflict in Afghanistan, is stepping up its involvement as U.S.-led forces prepare to withdraw, attracted by the country’s vast mineral resources but concerned that any post-2014 chaos could embolden Islamist insurgents in its own territory.

Cheered on by the U.S. and other Western governments, which see Asia’s giant as a potentially stabilizing force, China could prove the ultimate winner in Afghanistan — having shed no blood and not much aid.

Security — or the lack of it — remains the key challenge: Chinese enterprises have already bagged three multibillion dollar investment projects, but they won’t be able to go forward unless conditions get safer. While the Chinese do not appear ready to rush into any vacuum left by the withdrawal of foreign troops, a definite shift toward a more hands-on approach to Afghanistan is under way.

Read Here – Yahoo!/Associated Press

Next of Kim

One year ago, the chubby and blubbering soon-to-be leader of the Democratic People’s Republic of Korea was seen walking alongside the hearse that carried his dead father, Kim Jong Il. Kim Jong Un was young, inexperienced, unqualified, and bereft of any of the larger-than-life myths that had sustained his father’s and grandfather’s rules. And yet, just days later, he assumed power in the only communist dynasty in the world.

Today, the junior Kim can be seen riding high in Pyongyang. And last week, he became the first Korean to launch a domestically designed satellite into orbit on the back of a domestically designed rocket. But more broadly, some analysts see him as pushing his own version of reform.

Read Here – Foreign Affairs

Would It Matter If Iran Got The Bomb?

The debate on Iran and its nuclear program does little credit to the U.S. foreign policy community, because much of it rests on dubious assumptions that do not stand up to even casual scrutiny. Lots of ink, pixels, and air-time has been devoted to discussing whether Iran truly wants a bomb, how close it might be to getting one, how well sanctions are working, whether the mullahs in charge are “rational,” and whether a new diplomatic initiative is advisable. Similarly, journalists, politicians and policy wonks spend endless hours asking if and when Israel might attack and whether the United States should help. But we hardly ever ask ourselves if this issue is being blown wildly out of proportion.

Read Here – Foreign Policy

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