A freshly released IMF’s World Economic Outlook brings (yet again, for the sixth year in a row, and for the third time this year only) no comforting picture to anyone within the G-7, especially in the US and EU.
Neither is comforting the latest pre-Davos summit released Oxfam study. It hints that 1% is fat and furious, as some 99% of us are too many on this planet. Will the passionately US-pushed cross-Atlantic Free Trade Area save the day? Or, would that Pact-push drag the things over the edge and mark an end of the unionistic Europe? Is the extended EU conflict with Russia actually a beginning of the Atlantic-Central Europe’s conflict over Russia, an internalization of mega geopolitical and geo-economic dilemma – who accommodates with whom, in and out of the Union? Finally, does more Ukrainian (and Eastern Europe) calamities pave the road for a new cross-continental grand accommodation, of either austerity-tired France or über-performing Germany with Russia, therefore the end of the EU? For whose sake Eastern Europe has been barred of all important debates such as that of Slavism, identity, social cohesion (eroded by the plunder called ‘privatization’), secularism and antifascism? Why do we suddenly wonder that all around Germany-led Central Europe, the neo-Nazism gains ground while only Russia insists on antifascism and (pan-)Slavism?
However, the inner unionistic equilibrium will be maintained only if the Atlantic-Central Europe skillfully calibrates and balances its own equidistance from both assertive Russia and the omnipresent US. Any alternative to the current Union is a grand accommodation of either France or Germany with Russia. This means a return to Europe of the 18th, 19th and early 20th centuries – namely, direct confrontations over the Continent’s core sectors, perpetual animosities wars and destructions. Both Russia and the US has demonstrated ability for a skillful and persistent conduct of international affairs, passions and visions to fight for their agendas. It is time for Brussels to live up to its very idea, and to show the same. Biology and geopolitics share one basic rule: comply or die.
Conclusively, we should today be grateful to Greece for offering us an essential lesson of democracy, and very importantly; of socio-political and economic inclusion. It is deeper than the choice between austerity and prosperity, between Rain and Tears and those fat and furious.
Be it a street cry of indignados or TV-fame of (hereditary) promies, arguments of Podemos or ignorance of oligarchs – all is pointing at the same direction: Europe used to bear more solidary, above all used to be far more pragmatic and foresighted.
Some 65 years ago, the continent reflected upon and clearly understood the twisted logics of its monetary-fiscal talibanisation in the interwar period. Then acting preemptively, Europe prevented yet another weaponisation of financial instruments (to say; enrichment of financial plutonium and other toxic derivatives) and their utilization as the weapons of mass destruction that are causing death and life-changing injuries to many (like any other WMD). Consequently, already in 1953, Europeans managed its best ‘F-WMD non-proliferation treaty’ ever – theso-called London Agreement on German External Debts (also known as the London Debt Agreement or Londoner Schuldenabkommen). By the letter of this accord over 60% of German reparations for the colossal atrocities committed in both WW were forgiven (or generously reprogramed) by their former European victims, including Greece. Besides Yugoslavia (another debt-relief participant in London), Greece was the most saturated country outside the Russian front. On the other side of table, Germany – the overbearing Mitteleuropear that dragged world into the two devastating world wars, as a serial defaulter which received debt relief four times in the 20th century (1924, 1929, 1932 and 1953).
Back then, with memories of Nazi bestialities still fresh, Europeans showed more visdom and courageous leadership, and managed to close the deal in less than 6 months (from February 27 to August 8, 1953) – a stark contrast to the ongoing disheartened and irrational purge of Greece that is cryptically and cynically labeled the ‘talks on Greek debt’ 
The price will be beyond the shift in geostrategic orientation of particular EU member states. The EU is at the critical crossroad: either Syriza-ating reconciliation or Syria-anitzating escalation.
 Dra(h)ma. Clearly, Greece itself has so little to do with the crisis that holds its name. By far, it is more to the (ill-conceived) architecture of European banking and misplayed convergence criteria of the Eurozone. To confirm the above, the best is to track the money flow, and who stash it. This leads us to yet another fallacy, by which the bailouts were for Greece. There were only bailouts-on-the-quite for Europe’s big banks. (Remember: ‘too big to fall’ mantra of late 2000s and early 2010s!). Hence, the crisis broke out only when Greeks refused to pay the bill for others who syphoned nearly all (out of bonds) and bank on it. Despite the media heat, it seems that up to 90% of entire ‘loans to Greece’ has never reached that country at all (it is estimated that only 27 billion, of the roughly 230 billion allegedly disbursed to Athens, were really injected into the financial veins of Greece). Argentina, Mexico, Indonesia, Russia, dozens of African nations – all claim nearly same patterns. Thus, it is not as oversimplified as the TV picture of an indolent islander behind sunglasses versus a hardworking Swabian with screwdriver. Admitting the charade, even the former German Bundesbank Head Karl Otto Pöhl stated that this is about protecting the big and strong: big banks of the big EU states – Germany and even more of France from debt write-offs. Banks lavishly exposed themselves to the Ponzi schemes and casino economy, and only few were punished for the crash ever since 2008 (besides the bright example of Iceland). Greece is currently satanized, while the ECB is violating its own statutory obligations (acting more political and punitive than technical and neutral), while big banks are domineering and expecting to make yet another profit on this newest calamity. (Since latest moves of the ECB, the costs of new borrowing for Greece and payback-risk insurance for the existing ones are getting higher, which means that the ECB practically acts as a fundraiser for big banks). Since Mario Draghi took over the ECB in late 2011, he poured around 1.2 trillion euro of public money – not into youth, jobs, education and R&D – but into the European banking system. Therefore, our difficulties to understand Greece, since we have repeatedly rejected to grasp the crisis for what it really was – an ongoing series of bailouts for the financial sector that started in 2008, and are far from over yet.
China-Germany Win-Win Cooperation
The China-Germany cooperation exemplifies the transformative potential of collaboration based on mutual regard, shared objectives, and complementary strengths. This exceptional partnership has spawned a domino effect that extends beyond bilateral relations, inspiring other nations to pursue similarly mutually beneficial partnerships.
As the world becomes more interconnected, countries can learn from the China-Germany model of cooperation, which fosters economic development, technological advancement, environmental stewardship, and cultural exchange. By adhering to the principles of win-win cooperation, nations can construct a more prosperous, sustainable, and harmonious global community.
China and Germany’s dynamic and mutually beneficial cooperation is a shining example of win-win collaboration on the global stage. Both nations have nurtured strong economic and diplomatic ties over the years, resulting in enormous advances and benefits for their respective societies.
Strong and coordinated global action is needed immediately to combat climate change and advance sustainable development. There is still a lot to be done, but China and Germany have already shown their dedication to environmentally friendly and low-carbon development. By aligning their strategies and exchanging best practices, they can expedite the transition to a low-carbon, sustainable economy.
China’s pledge to peak carbon emissions before 2030 and achieve carbon neutrality before 2060 shows its commitment to a deep low-carbon transformation of its economy and society. Through the International Climate Initiative (IKI) administered by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, the German Federal Government supports Sino-German climate change cooperation.
Collaboration in areas such as energy efficiency, renewable energy, the circular economy, and sustainable transportation can lead the way for a greener future, mitigating the effects of climate change and nurturing ecological equilibrium.
China and Germany have established a strong economic partnership that has benefited both countries significantly. Germany’s main commercial partner is China, and vice versa, and this strong bilateral commerce has led to significant economic growth and employment creation. This collaboration has given German businesses access to the sizable Chinese market.
Notably, the exchange of products, services, and knowledge between the two nations has fostered innovation, productivity, and economic resiliency, thereby laying the groundwork for long-term cooperation. This commitment to cooperation has yielded an array of beneficial effects, strengthening the conviction that win-win partnerships can drive progress and prosperity in an interdependent world.
The dynamic economic partnership that has grown between the two nations is one of the pillars of China-Germany cooperation. Germany, known for its scientific prowess, inventiveness, and precision engineering, found a favourable market in China, with its enormous customer base and rapidly expanding economy.
On the other hand, China’s manufacturing expertise and devotion to infrastructure development have presented German businesses with incredible possibilities to expand their operations and enter new markets. Entrepreneurs from both nations could keep pursuing openness, inclusiveness, and win-win cooperation, as well as keep the stability of industrial and supply chains with high-level practical cooperation. This symbiotic relationship has allowed both nations to capitalize on their respective strengths, resulting in economic expansion and job creation for both countries.
China and Germany have also established cooperation in the fields of innovation and research, recognizing that advancements in these fields are crucial agents of economic and societal progress. Through joint research initiatives, academic exchanges, and institution-to-institution collaboration, both nations have been able to pool their intellectual resources, foster innovation, and address global challenges. This cooperation has not only led to revolutionary scientific discoveries, but it has also set the groundwork for future innovations in technology that will benefit all of humanity.
China and Germany have fostered cultural exchange and people-to-people diplomacy in addition to their economic and technological cooperation. By encouraging education exchanges, cultural events, and intercultural dialogue, both countries have built bridges of appreciation, understanding, and friendship. Not only do these interactions enrich the lives of individuals, but they also strengthen the bilateral relationship as a whole. They facilitate dialogue, eliminate preconceived notions, and set the groundwork for mutually beneficial relationships and respect.
By expanding on these accomplishments and upholding a spirit of mutual respect and shared objectives, the China-Germany partnership can continue to advance progress and inspire global collaboration.
The China-Germany model of win-win cooperation provides valuable lessons for nations seeking to forge prosperous partnerships. It emphasizes the significance of mutual respect, trust, and open communication as the foundations for productive collaboration. It also emphasizes the importance of recognizing and capitalizing on balance in strengths and resources, which allows nations to maximize the positive effects of cooperation.
The Eurasian Zeitenwende: Germany and Japan at the Crossroads
Russia’s decision to invade in Ukraine in February of last year has been nothing short of a critical juncture in recent history—sending reverberations across the entirety of Eurasia. Seldom have events on one end of the continent been so consequential on the other. Russia’s invasion has shattered the prime directive underpinning the long peace after the Great Wars—the inviolable right to sovereignty has been shattered, as mass armed aggression has reared its head once again. Nowhere is this sweeping change felt than in Berlin and Tokyo—to capitals separated by over 12,453 kilometers of land and sea.
German Chancellor, Olaf Scholz spoke to the Bundestag just three days after Russia’s invasion, on the ‘historic turning point’, the Zeitenwende this moment presented. Not a year later, on December 16, after much negotiation Japan finally released their first National Security Strategy in almost a decade. Ukraine provided for both governments the impetus to shed decades of consensus on defense policy. Berlin and Tokyo were once partners in the greatest conflict wrought on mankind, and today they are once again on the same page—but this time arming in the name of global peace.
The postwar consensus
With 1945 came the crashing down of the German and Japanese imperial ambitions that underwrote the explosions of violence from 1914 to 1945. The first half of the twentieth century saw successive orders predicated the passing of power; the imperialist order long preceded the turn of the century, and came crashing with the First World War. From there, a brief liberal interlude of the Washington Conference was doomed to fail given Anglo-American isolationism, and from that chaos was born—a return to imperialism. With these passing orders, German and Japanese leaders debated and sought to reinvent themselves in response to changing tides across the globe.
In fact, twice in the last century, during Twenty-five Years Crisis, Wilhelmine and Nazi imperialism exploded in the European theater. For the Japanese, a slow roll to imperial domination in Asia began much before the war and exploded in the 1930s. This imperial flame was extinguished almost as soon as it was ignited—bringing with it the deaths of millions through genocide and war, and the destruction of much of the world’s industrial capacity. In the wake of it, a similar thinking overtook both Berlin and Tokyo. In the wake of the horrors of war, both peoples came to a similar conclusion that militarism ought be eschewed—with Japan going as far as enshrining its anti-militarist urge in the constitution’s article 9. Though it must be noted, the Germans accepted their guilt—the Japanese continue to engage in denialism and apologia.
For decades, under the guise of guilt in Germany, and occupation-enforced constitutional limits for Japan, both countries eschewed providing for their own national defense needs—instead relying on the all-powerful U.S. security guarantee.
A new look in a new environment
This change that has occurred here has happened within the context of what Dr. Kent Calder described in The New Continentalism: Energy and Twenty-First Century Geopolitics, and Supercontinent: the Logic of Eurasian Integration, as ‘proto-continentalism’—the modern stirrings of transcontinental integration. The continent was transformed by China’s Four Modernizations, the Oil Shock, and the Collapse of the Soviet Union—all requiring readjustments on the continent. Continental integration followed the integration and modernization within China, the Oil Shock highlighted the need for energy-driven interconnection, and the collapse of the Soviet Union meant no more Cold War political antagonisms. These changes meant that there were suddenly lower costs for trade across the continent—one rife with great complementaries. Like some geographic providence, the world’s largest energy producers in the Middle East, sat between the world’s biggest consumers in Europe and Asia.
Of course, this integration isn’t just relegated to the economic realm—but also the defense sector. Whereas integration was predicated by the near-collapse of mass interstate conflict, the War in Ukraine would seem to threaten just that. But in fact, integration ensures the costs associated with this conflict are felt from one end of the continent to the other. This inherently ties the most far-flung countries on matters of defense—exactly what ties Berlin and Tokyo, and their similar responses to the war in Ukraine. This integration doesn’t just tie Berlin and Tokyo, but also Seoul and Warsaw, both of which have seen deepened defense cooperation not limited to the production of South Korean tanks and artillery in Poland. Furthermore, Japan has sought out increased cooperation with NATO.
The mutually-reinforcing loop
Russia’s invasion has been an unmitigated tragedy for the people of Ukraine—but a boon for solidarity in the ‘Western’ security architecture, including the West’s numerous Asian allies and partners, and Eurasian integration writ large. In fact, the mutual economic ties that have fostered closer defense ties across the region, will continue to reinforce each other. Integration between these partners, across various sectors is the greatest mitigator of future conflict—an idea that underpins the great postwar peace, and one that will continue to endure.
Today, Germany and Japan, once imperial menaces to the international system, now make a proactive contribution to global peace—in deciding to behave like normal countries, and arm amidst a threatening global environment. Their contribution to the peace is in the solidification of transcontinental defense ties—ones predicated on deep economic integration.
Bangladesh-UK strategic dialogue: Significance in the post-Brexit era
On September 12th, Bangladesh and the UK held their fifth strategic dialogue. The future of Bangladesh’s ties to the United Kingdom in the wake of Brexit has been the subject of much conjecture. Analysts questioned Dhaka’s duty-free access to Britain, which has been generous to an LDC economy like Bangladesh’s, as the UK prepared for its exit from the EU. However, the United Kingdom and Bangladesh have weathered these worries quite well. Rather, the statement by FCDO Permanent Under-Secretary Sir Philip Barton during the dialogue, sums up the strength of Bangladesh-UK relations in current times- “The Dialogue is a reflection of the growing relationship between our two countries, and our desire to work together more closely on our economic, trade and development partnerships and on regional and global security issues.”
Dhaka and London are having a great year on cooperation and connectivity. In the post Brexit era, the year 2023 seems like to be the year that will shift the ties between these countries from a bilateral partnership to each other’s crucial strategic partner in the current geo-politics.
Prime Minister Sheikh Hasina went to participate in the formal inauguration of the new King Charles III of the United Kingdom earlier this year. UK Prime Minister Rishi Sunak had only good things to say about Bangladesh during the visit. This is also reflected in London’s post-pandemic approach to Dhaka.
Bangladesh-UK held their first ever defense dialogue in March of 2022 where they discussed various ways of strengthening cooperation including defense, security and trade and climate change. This year started with the second Bangladesh-UK Trade and Investment Dialogue on February. Both the UK and Bangladesh agreed during the discussion that they would want to enhance their trade connection in order to increase their prosperity. This discussion was followed by signing an agreement on March for working together in climate action bilaterally and multilaterally to help deliver the outcomes of COP26 and COP27.
UK’s Indo-Pacific Minister Anne-Marie Trevelyan signed the doctrine during her visit to Bangladesh which also signifies UK’s understanding of Bangladesh’s geostrategic importance in the Bay of Bengal and in the Indian Ocean.
So, this dialogue was surely a much anticipated one among the foreign ministries of these countries.
The provisional agenda included the state visit of President Mohammed Shahabuddin to the United Kingdom in November and the possible visit of British King Charles III (Charles Philip Arthur George) to Bangladesh in 2024. Other than that bilateral trade, investment, and market opportunities; migration, mobility and a new visa scheme for students are expected to be at the top of the agenda. Discussions on the Russia-Ukraine conflict and the Rohingya crisis will also be featured.
The more complex agendas this year include discussions on mutual legal assistance and the extradition of convicted persons.
But Bangladesh has failed to gain an extradition treaty with UK. Although both countries agreed to constitute a joint working group to discuss migration, mobility and mutual recognition of qualifications, and agreed to sign a standard operating procedure (SOP) on returns of Bangladesh nationals in irregular situations in the UK.
The discussions regarding extradition issues if was fruitful, it might have helped the government to bring fugitives to national justice finally. Except this, the strategic dialogues between these countries in recent years have usually brought deep discussions and decisions on bilateral issues.
On the first of this strategic dialogue was in 2017, the issue of defense purchase was discussed- a much needed ground setting for the Forces Goals 2030 of Bangladesh. On the last edition of this dialogue, held in London back in 2021, the UK pledge to extend duty-free, quota-free access to its market until 2029, aiming to facilitate Bangladesh’s export-led growth.
Not only that, UK also added Bangladesh’s name to the list of the Developing Countries Trading Scheme (DCTS) where the country will experience a more simplified regulation system and reduced tariffs on its products entering the UK. This only adds to UK’s commitment towards Bangladesh’s development – where the country is already one of the biggest developing partners of Bangladesh.
UK’s such generosity towards Bangladesh isn’t only because of the benevolence of its heart. The country is now out of the shell of EU, certainly has to widen its reach across other regions. Indo-Pacific is its preferred place to start.
Bangladesh’s geostrategic location between China and the Indian Ocean with its advantage of having a gate way to Southeast Asia makes Bangladesh seemingly the perfect candidate for UK’s strategic interests. Both countries have also announced their Indo-pacific policies which focuses mainly on their economic aspirations. With such resonating goals for the region, the countries can definitely build a bigger stage of collaboration with each other.
The countries used this occasion as the pinnacle of their further economic cooperation as Bangladesh and the UK have agreed to create new institutional cooperation to promote business, trade, investment and are considering signing a new MoU on economic cooperation. They also discussed potential increase of cooperation and capacity building on global and regional security issues of mutual interest, including maritime and blue economy goals in the Bay of Bengal in the Indian Ocean.
The UK also announced a further £3m contribution to the Rohingya response, taking its total contribution since 2017 to £368m.
Another important discussion was on defense and cooperation where UK expressed its interest in selling advanced weapons to Bangladesh for protecting its air and maritime territory.
UK already recognizes Bangladesh as a critical stability provider in the Indo-Pacific and as both the countries have played their cards right, one could argue that bilateral ties are stronger than ever before. The dialogue has served as a further golden thread binding their visionary future together.
World News2 days ago
Seymour Hersh: “Zelensky’s army no longer has any chance of a victory”
World News3 days ago
Is America in decline?
Defense4 days ago
U.S. Sanctions and Russia’s Weapon Systems: A New Game in the Quest of High-Tech Microchip
Eastern Europe4 days ago
The Solution to Ending the War in Ukraine Lies in the Ability to Get the Other Side’s Point of View
Economy4 days ago
A New Horizon for Kazakhstan’s Economy
Defense3 days ago
Weaponizing Intelligence: How AI is Revolutionizing Warfare, Ethics, and Global Defense
Finance3 days ago
U.S. companies are barreling towards a $1.8 trillion corporate debt
Economy4 days ago
The High Percentage of Informal Employment in Indonesia: Causes and Implications