Large oilfields often don’t fall neatly within national boundaries. Intent on securing underground or undersea reserves, nations contest territorial claims. China battles Japan for the Diaoyu/Senkakku Islands and ASEAN members for large sections of the South China Sea. Settling disputes quickly is in the interest of all claimants, particularly those with less technological expertise, suggests […]
After announcing that its rocket was facing technical difficulties that might delay its impending test, North Korea surprised the international community by abruptly launching a three-stage rocket on Wednesday morning local time. Even more surprising than the timing was that the “Unha” (the Korean word for “galaxy”) rocket appears to have successfully placed the Kwangmyongsong-3 (“Shining […]
WORLD VIEW: ‘It’s called capitalism. We are proudly capitalistic. I’m not confused about this.” So said Google executive chairman Eric Schmidt this week in a Bloomberg interview defending the company’s use of legal incentives in Britain, Ireland and other states to minimise worldwide taxation and therefore maximise worldwide profits. He spoke as a perfect storm engulfed […]
Most of us still look at China, the world’s second-largest economy, as the undisputed leader among major developing countries. In the long run, however, I’m betting on India to emerge as the more significant global economy. Those who are dazzled by China often forget that much of the rapid growth before 2008 was caused by the shift of […]
China said it will seek a higher “quality and efficiency” of growth next year, signaling new leaders may accept a reduced pace of expansion in exchange for a more sustainable model. There was no mention of seeking “relatively fast” growth, a policy in place since 2006, in a report yesterday by the state-run Xinhua News […]
On the small, spectacular island of Jeju, off the southern tip of Korea, indigenous villagers have been putting their bodies in the way of construction of a joint South Korean–US naval base that would be an environmental, cultural and political disaster. If completed, the base would hold more than 7,000 navy personnel, plus twenty warships […]
The World Conference on International Telecommunication (WCIT) that concluded on December 14 saw much heated debate. Some countries wanted to use the International Telecommunication Union (ITU) to gain intergovernmental control of the World Wide Web. Some saw it as an opportunity to democratise the Internet, by replacing U.S. and corporate domination of Internet policy, with […]
Washington‘s aggressive pursuit of containment of China and Beijing’s difficulty in launching major economic and political reforms will likely prove an explosive mixture. Meanwhile, Japan, India, and other Asian powers exploit the logic of “two ovens”. The 18th Congress of the Chinese Communist Party was to be the springboard for economic and political renewal in […]
One of the elementary rules of foreign policy is when you are in a hole, stop digging. But judging by their recent behavior, Beijing’s foreign policy mandarins and national security establishment are clearly in violation of this rule. Despite the diplomat heat China has received for its tough stance on territorial disputes in recent months, […]
Jaffna, the capital of Sri Lanka’s Northern Province and once the bastion of the Liberation Tigers of Tamil Eelam (LTTE), is once again experiencing unrest. Violent clashes broke out on November 27, Martyrs’ Day for Tamil, between students of Jaffna University and Sri Lankan security forces. Each year Tamils use Martyrs’ Day to honor friends […]
looking beyond borders 