New technologies, dwindling resources and explosive population growth in the next 18 years will alter the global balance of power and trigger radical economic and political changes at a speed unprecedented in modern history, says a new report by the U.S. intelligence community. The 140-page report released today by the National Intelligence Council lays out […]
China and the United States are on a collision course — over accounting. Last week, the U.S. Securities and Exchange Commission (SEC) charged the Chinese affiliates of the world’s top five accounting firms with violating securities laws for refusing to hand over information on suspect Chinese companies to investigators. The move is the latest, most dramatic step […]
From the moment when Hosni Mubarak fell from power in February 2011, few issues have proved more divisive in Egyptian politics than the writing of a new constitution. Now, even though the formal process is theoretically coming to an end, the battle over the constitution is drawing the country dangerously close to an all-out civil […]
Six cities in Liaoning province, including Shenyang and Anshan, recently announced they are converting abandoned industrial sites to farmland. Dongguan, once a booming factory center, is on the verge of bankruptcy as companies close, leaving the local government severely cash-strapped. Just two years after China overtookthe U.S. to become the world’s largest manufacturer, the country faces the […]
Three major forces will be looming behind the headlines, driving events in 2013: the crisis of the Western democratic model, rising sectarian strife in the Middle East, and worries about American withdrawal from the world. The Obama administration must realize that no “foreign policy” issue will matter as much to global economic, political, and ultimately […]
The Internet has sustained some pretty intense assaults in the past couple of years. There was the heavy-handed attempt to stamp out content piracy with SOPA/PIPA, the Federal Communications Commission’s Net neutrality ruling, which many saw assplitting the baby, and that whack job who claimed to own a patent on the World Wide Web. It is again open season […]
On December 1, 2012, more than a third of eligible Kuwaiti voters went to the polls for the second time in 10 months to elect yet another parliament. Kuwaitis have been to the polls five times over the past six and a half years and have elected five parliaments, all of which were dissolved before […]
Mongolia has repeatedly insisted that it wants to open its doors for business to all countries with a genuine interest in participating in the country’s sustainable growth. How much of this policy is lip service though and how fair is the bidding process for prospective foreign investors? Mongolia’s long awaited initial public offering (IPO) for its lucrative […]
The U.S. presidential election campaign, particularly as it entered its final months, sucked up much of the oxygen in the news universe, meaning that a number of small international developments that might have otherwise drawn greater attention escaped notice. Under normal circumstances, the issues that had been overlooked would have gotten a closer look once […]
Saudi Arabia’s King Abdullah appears to be in failing health. The Saudi royal house is making extraordinary efforts to project an image of business-as-usual. But the lack of transparency regarding succession has fueled speculation about who will be designated heir once Crown Prince Salman takes over. On November 26, Albawaba News reported that the king was “clinically […]
looking beyond borders 