The impact of the global financial crisis creates an illusion that there are real prospects for effective co-operation to reach long-term global goals. Despite China’s immaculate hosting of the Olympic Games and its inevitable rise to the global negotiation tables as a key decision-maker, reality forces her to come to terms with her own pressing […]
Everyone seems shocked and discouraged by the outcome in Copenhagen. They shouldn’t be. We must control emissions. So why wasn’t there a deal that made everyone happy? Because that’s the nature of multilateral negotiations, with scores of parties with scores of interests. They are always, always like this, as anyone who has studied them knows: […]
Overview 2009 was all about China. Early in the year, when energy prices crashed due to disappearing demand, oil sank to slightly more than $30 barrel from its mid-2008 high of $147 and natural gas from $14 to around $3 per thousand cubic feet. China, flush with cash, for all practical purposes stabilized the market […]
It’s been, indeed, a transitional year for the world. In the midst of a devastating global economic downturn, Barack Obama took the U.S. presidency January 20. In many ways, it has been the year of Obama. A strategic review of Afghan policy in March ended with sending more troops—and President Obama doubled down on a […]
1) Greece is at serious risk of total economic collapse—Prime Minister George Papandreou is proposing dramatic spending cuts, and tax hikes on banker’s bonuses, to ease the crisis. 2) Dubai has been bailed out by Abu Dhabi to the tune of $10 billion. 3) From FP: “How we invaded Afghanistan” (the Russians) 4) The New […]
1) (Dawn, Pakistan) Iran Husain tackles a fundamental issue in South Asian affairs: Pakistan as a security state. 2) (The Daily Star, Lebanon) Saif Nasrawi examines a growing political trend in Egypt. 3) (Hindustan Times, India) The Indo-Chinese climate change axis. 4) (Dar al-Hayat, Lebanon) Abdullah Iskandar on the Kurdish question and democratic government in […]
Can democracy survive 21st century capitalism? In October, the courts of France dismissed a suit by Transparency International (and other plaintiffs) that sought to investigate how three African dictators in Francophone Africa came to possess hundreds of millions of dollars even though the people of their countries were amongst the poorest in the world. The […]
Vietnam – Well it finally happened. Vietnam devalued its currency, again, this time by 5% and increased its interest rates by 1% (moving it to 8%). This is the 3rd devaluation of the Vietnamese Dong since June of 2008. This blog reported that Vietnam was having some currency liquidity issues for awhile, but they were […]
Patricia Kushlis has a post in WhirledView on President Obama’s commitment to increase the number of U.S. students going to China from the current number of 20,000 to 100,000. Her excellent post is here. As she notes, this represents an enormous increase – in the number of US students in China and in the overall number of U.S. […]
Focusing mostly on the one-year anniversary of the Mumbai attacks (Nov. 26-29): 1) Interview with Fareed Zakaria in the Hindustan Times. 2) This headline in the Wall Street Journal says it all, doesn’t it? 3) The last thing South Asia needs is a war of words between India and China. India defense minister A.K. Antony: […]
Returning from two weeks in India – with my mind full of thoughts, I came across Hans Rosling’s video from Ted India. I adore how excited Rosling is about statistics (b/c I’m not), and think GapMinder is quite clever (b/c helps people like me to “get it”). Since my mind tends probe the non-Western experience, […]
China’s industrial production and trade surplus posted robust double-digit gains in October, indicating a strengthening recovery in the world’s third-largest economy. China, unlike the U.S. and other western industrial nations, has managed well in the advance of the global economic crisis.
Cambodia and Thailand – Thailand recalled its ambassador from Cambodia on November 5th over former Thai PM and wanted fugitive, Thaksin Shinawatra’s appointment as economic adviser to Cambodian PM Hun Sen. A few weeks back there were rumors that Shinawatra would be allowed to move to Cambodia, but the Cambodian government denied this after […]
A state news agency in China confirmed today that nine people have been executed for their role in the rioting that overtook the northern city of Urumqi in July. As reported earlier on this blog, the rioting had a long simmering ethnic component to it that pitted the majority Muslim Uighur population against the growing […]
A virtual wall created for Twitter users to express their thoughts and hopes on the 20 year anniversary of the fall of the Berlin Wall has been blocked in China. The “Berlin Twitter Wall,” as it’s called, is an initiative of KulturProjekte Berli, a not-for-profit organization that promotes networking and mediation of art and culture. […]