To date, there is little reason to think that global demand for dollars is drying up. But there is another way the United States could lose its status as issuer of the world’s dominant reserve currency: it could voluntarily abandon dollar hegemony because the domestic economic and political costs have grown too high. Read Here […]
As the United States awakens to its supply-chain vulnerabilities amid heightened pressure on companies to “reshore” from China, it is grappling with an uncomfortable truth: most will not end up relocating to the US. And, business experts say, the relatively few that do probably should not have left in the first place. Read Here – […]
Who needs Donald Trump’s America? You won’t find these words in Ant Group’s initial public offering prospectus, but they’re written between the lines in bold font as the fintech juggernaut Jack Ma built bypasses New York to list in Hong Kong and Shanghai. Read Here – Asia Times
Australia’s strategy on engaging India has long revolved around the so-called “three Cs:” cricket, curry, and the Commonwealth. In light of the changing status of bilateral relations in 2020, let’s add a couple more Cs to the list: China, and containment of. Read Here – WarOnTheRocks
If it’s going to compete with the United States for superpower status, it will have to match America’s soft power… But China has a distinct disadvantage: It’s not as attractive as America. Few people around the world voluntarily listen to Chinese songs, watch Chinese television, use Chinese slang (or any Chinese words), or dress like […]
By any measure, China’s recent foreign policy has displayed an astonishing level of assertiveness. That Beijing has shed its prior inhibitions in the midst of a devastating global health and economic crisis for which the Chinese leadership itself bears culpability, and a still-fragile economic situation in China itself makes it all the more remarkable. Read Here – WarOnTheRocks
Despite Moscow’s seeming willingness to keep supplying weaponry at short notice—as demonstrated during Singh’s recent visit—New Delhi needs to come to terms with changed global realities at multiple levels. The old Indo-Russian arms transfer nexus is a relic of the past. Read Here – Foreign Policy
Five years after the Joint Comprehensive Plan of Action was concluded, it is on life support, following the US’s reinstatement of sanctions and Iran’s return to enrichment activities. Before two decades of diplomacy are squandered, all parties involved must step back from the precipice. Read Here – Project Syndicate
If this crisis really precipitates an inflection point, analysts should observe a revised approach to the U.S.-India relationship where New Delhi undertakes to substantively balance China, Washington accommodates Indian constraints, and both demonstrate a tolerance for some difficult bargains and creative workarounds. Read Here – WarOnTheRocks
With the United States grappling with the worst coronavirus outbreak in the world, Florida hit a grim milestone Sunday, shattering the national record for a state’s largest single-day increase in positive cases. Deaths from the virus have also been rising in the U.S., especially in the South and West, though still well below the heights hit in April, […]
looking beyond borders 