The European Union is in a rut. Its once-vaunted economy and “ever closer” integration is facing the tough challenges of a dogged recession and anti-EU sentiment in some of its most powerful member states. It is therefore perhaps not surprising that some EU aspirants appear lukewarm about their prospects and continued desire to join the club. […]
India is bolstering its defences vis-a-vis China in a big way and is set to spend at least $15 billion for China-specific military activities by 2017. Though the scale of the Indian military preparation is grossly small compared to what China has already done with regard to India, it gives a sense of how much […]
The New York Times recently reported that China apparently has agreed to take over the operations of a $200 million port it built for Pakistan in Gwadar, on the Indian Ocean close to the Iranian border and close to the entrance to the Persian Gulf. We’ll see if this actually happens. If it does, it will be geopolitically significant. To a […]
OFFICIALS from the world’s biggest economies meet on February 15th-16th in Moscow on a mission to avert war. Not one with bombs and bullets, but a “currency war”. Finance ministers and central bankers worry that their peers in the G20 will devalue their currencies to boost exports and grow their economies at their neighbours’ expense. […]
The Ministry of Commerce has quashed recent media reports speculating that China had surpassed the United States to become the world’s biggest trading nation by volume. Recent data from the world’s two largest economies show that Chinese trade in goods and services reached $3.87 trillion in 2012, according to the General Administration of Customs, while […]
For the past few years, as China’s emergence has cast an increasing shadow over the region, Canberra’s strategic thinkers have tried to interest New Delhi in the concept of the “Indo-Pacific” as the two former colonies of Britain, now two leading democracies, find common ground. Those strategists in Australia, the shores of which are washed […]
Singaporeans are raring to do something extraordinary: protest. That might not seem like a big deal with the Arab Spring uprisings; Chinese journalists taking to the streets; and thousands of typically docile Japanese rallying against government policies. But tropical Singapore is the land of quiet brooding, where mass street demonstrations are as common as snowstorms. Read […]
Why do once-successful societies ossify and decline? Hundreds of reasons have been adduced for the fall of Rome and the end of the Old Regime in 18th-century France. Reasons run from inflation and excessive spending to resource depletion and enemy invasion, when historians attempt to understand the sudden collapse of the Mycenaeans, the Aztecs, and, […]
In his State of the Union address, U.S. President Barack Obama described North Korea‘s recent nuclear test as a provocation that required a firm response. The intended audience for that provocation, though, is up for debate. Some commentators have posited that the test was a signal aimed at China, designed to demonstrate North Korea’s independence […]
Sharma Sagar is the new face of Korean manufacturing. He’s from Nepal. Sagar studied Korean for years, competing with other candidates in his native Himalayan homeland to be chosen by a joint-government program that was set up to help South Korea supplement its dwindling labor pool. Read Here – Bloomberg
looking beyond borders 