The Looming Power Vacuum

Despite the administration’s hype of President Obama’s “historic” 15-minute phone call with the ostensibly moderate Iranian president Hassan Rouhani, the looming prospect of direct engagement with the regime in Tehran over its nuclear weapons program, and all the other symptoms of Rouhani fever gripping Washington, the White House says it won’t be suckered by the […]

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Need For A New Global Tonic

Not so long ago, the twin forces of technology and economic liberalisation seemed destined to drive ever greater volumes of capital, goods and people across borders. When the global financial crisis erupted in 2008, that hubris was replaced by fears of a replay of the 1930s. Read Here – The Economist

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How Is A U.S. Shutdown China’s Gain?

Last week as the U.S. Federal Government shut down, President Obama canceled his planned trip to Indonesia and Brunei, where he was to have attended the Asia-Pacific Economic Cooperation (APEC) forum in Bali. Some foreign policy analysts have argued the canceled trip will inflict serious damage to the United States’ position in Asia. Read Here […]

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Th Dreaded Day Is Here

The day Asian leaders have long dreaded is here: The era of rapid growth is over. It has taken five years, but the fallout from what Asians call the “Lehman shock” is finally hitting gross domestic product and living standards, writes William Pesak Read Here – Bloomberg

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Looking For An Enemy

It is true that China and the United States are not currently adversaries — certainly not in the way that the Soviet Union and the United States were during the Cold War. But the risk of a U.S.-Chinese crisis might actually be greater than it would be if Beijing and Washington were locked in a […]

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Is Something Bigger Than Lehman Around The Corner?

Anyone who remembers the collapse of Lehman Brothers Holdings Inc. little more than five years ago knows what a global financial disaster is. A U.S. government default, just weeks away if Congress fails to raise the debt ceiling as it now threatens to do, will be an economic calamity like none the world has ever […]

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