Another milestone in China’s emergence as the world’s largest foreign energy consumer has been reached, with Chinese data indicating it has now become the largest net importer of oil. Amid the emergence of the United States as an energy superpower, China reportedly imported a net 6.12 million barrels of oil per day (bpd) last December, exceeding […]
U.S. sanctions that went into effect on February 6 also make it nearly impossible for Iran to repatriate foreign currency. India currently buys Iranian oil by paying into an in-country escrow account managed by the Iranian government. India’s oil purchases now act as a kind of domestic stimulus: India used to pay for oil in […]
The new lineup of China’s State Council, nominated by Premier Li Keqiang, was endorsed by lawmakers at the ongoing national legislative session here Saturday afternoon. Zhang Gaoli, Liu Yandong, Wang Yang and Ma Kai were endorsed as vice premiers, with Yang Jing, Chang Wanquan, Yang Jiechi, Guo Shengkun and Wang Yong as state councilors, at […]
Instead of continuing their endless battling, the United States and Pakistan should acknowledge that their interests simply do not converge enough to make them strong partners. Giving up the fiction of an alliance would free up Washington to explore new ways of achieving its goals in South Asia. And it would allow Islamabad to finally […]
The January 2011 revolution in Egypt changed the nature of Iran–Egypt relations. Unlike the old Egypt under Hosni Mubarak, which perceived Iran as its main threat, the new Egypt seeks close relations with Iran in the broader context of regional cooperation in solving regional issues, such as that of the Syrian crisis. This development may create […]
The White House likes a bit of threat. In his State of the Union address, Barack Obama wanted to nudge Congress yet again into passing meaningful legislation. The president emphasized that America‘s enemies are “seeking the ability to sabotage our power grid, our financial institutions, and our air traffic control systems.” Read Here – Foreign […]
At the end of last year, Japanese Prime Minister Shinzo Abe fired a loud salvo. In a forceful attempt to kick start Japan‘s economy from its decade-long stupor, Abe leaned on the Bank of Japan to set a 2% inflation target. He threatened to pass a law to limit the central bank‘s independence if it […]
When Prince Turki al-Faisal suggested last year that the House of Saud would join in the U.S.-led sanctions against Iranian oil, by seeking to displace Tehran’s oil exports from the global economy, he was not referring to a novel idea. Indeed, Saudi Arabia has led two prior oil wars against Iran. Read Here – The National Interest
When Arab societies rose up and toppled four dictators during 2011—in Tunisia, Egypt, Yemen, and Libya—people around the world joined in the celebration. Yet soon after the autocrats’ fall, a wave of apprehension washed over many in the policy and intellectual elite in the United States, Europe, and the Middle East itself. The warnings and […]
The United States often uses exaggerated civilian casualty numbers to make a case for military intervention in strife-torn regions. Since the 1990s, the West has justified its military interventions on liberal grounds — to remove noxious leaders who oppress their people or who have begun to conduct policies that appear genocidal. Buoyed by the intervention […]
looking beyond borders 