The world’s task in addressing North Korea’s saber rattling is made no easier by the fact that it confronts an impoverished and effectively defeated country. On the contrary, it is in such circumstances that calm foresight is most necessary. The genius of the Habsburg Empire’s Prince Klemens von Metternich in framing a new international order after […]
Western Australia’s energy boom has seen the state outpace the rest of Australia in job creation and economic growth, helping the conservative Liberal-National coalition comfortably win re-election. The state’s traditional secessionist sentiment has been fuelled by Premier Colin Barnett, who has demanded a greater share of tax revenues from the federal government in Canberra. Read Here – […]
Who do they think they are, these upstart economies, Brazil, Russia, India, China and South Africa? That might sum up the feeling in the U.S., Europe and Japan as the BRICS nations consider a new development bank that might challenge the World Bank and International Monetary Fund. The move brings to mind Alice Amsden, the Massachusetts Institute of Technology economist who died last […]
The most important reason for China’s commitment to supporting the North Korean regime appears to be Pyongyang’s geopolitical value. North Korea could serve as a buffer zone between China and U.S. troops stationed in South Korea. This kind of strategic thinking led China to enter the Korean War in 1950, sending millions of troops across […]
Recent newspaper reports of China having entered into a secret agreement with Pakistan for constructing a third 1000 megawatt nuclear reactor at Chashma in Punjab province has stirred up a sense of urgency in Washington and New Delhi’s diplomatic circle to find suitable ways and means of preventing any breach of international protocol concerning nuclear […]
One of the reasons why Tokyo’s relations with Seoul have been downplayed is that both sides, with newly-minted leaders, are playing a delicate political game of “no news is good news” in hopes of burying their vitriolic exchange of diplomatic barbs during previous administrations. The strategic partnership between Japan and South Korea has deteriorated to […]
Iran, Syria and North Korea have prevented the adoption of the first international treaty to regulate the $70 billion global conventional arms trade, complaining that it was flawed and failed to ban weapons sales to rebel groups. To get around the blockade, British U.N. Ambassador Mark Lyall Grant sent the draft treaty to Secretary-General Ban Ki-moon and asked him […]
Since the end of Sri Lanka’s 26-year civil war in 2009, the government has clearly been focusing on expansion, with new investments in infrastructure and the private sector that are helping to spur growth and contributing to an increase in disposable income and rising consumerism. While this growth is largely positive, there has also been […]
If this week’s BRICS summit in Durban, South Africa, passed you by, we don’t blame you. The leaders of Brazil, Russia, India, China and South Africa met, as they do once a year, to advance their common interests. They found, as they do once a year, that they don’t have many, so not much happened. […]
Put simply, then, China won the battle by choosing not to fight it. But this isn’t quite the whole story. In addition to avoiding the grave costs of the war, China capitalized by offering developing countries an attractive alternative to the United States: ideologically-blind economic engagement. And, as a result, Beijing was able to expand […]
