As the US-China trade war heats up, more and more experts tend to believe that the world may be heading into a breakup again, just like it did during the years of the Cold War. This time – into two conflicting trade and economic camps, pro-US and pro-China, with almost every state apparently having to choose which side to join. How realistic such forecasts really are?
When the specter of an unfolding trade war between the United States and China loomed at the end of 2017, most analysts doubted that this rivalry could reach Cold War intensity. Still, a world split along economic lines poses a serious threat to global economy and finances and could bring about dramatic changes in relations between the world’s leading powers.
As a result, companies of countries representing the rival camps would find themselves largely isolated, if not entirely cut off, from sources of funding and new technologies available on the other side of this divide, thus sending commercial enterprises’ revenues down and unemployment up.
In today’s world any country, which claims to be a sovereign one, faces the hard choice of either trying to establish its own order, integrate with other states and seek an adequate status as part of a certain collective order, or just refuse to change. At the same time, attempts to build a new world order are hampered by the increasingly inefficient and inflexible nature of many existing institutions of international politics. And, finally, no “world order,” either current or new, exists or emerges all by itself, without decision-making centers and mechanisms of implementing decisions.
Such an “order” should also meet the needs and requirements of the countries and their people as well as ensure efficient means of monitoring compliance with its fundamental principles. Since foreign policy and economy are all-important for any country, achieving a high degree of necessary cooperation is extremely difficult and fraught with conflict.
It looks like all of the world’s leading powers now anticipate a possible collapse of the modern world order and Donald Trump’s moves to destroy many international institutions only serve to exemplify this foreboding.
Whether new chaos, or even a war of all against all, is really what Trump is going for is hard to say, even though this is a conclusion one could make after reading his National Security Strategy, published in December 2017. Or, maybe, Trump is using such threats as blackmail meant to extract concessions from America’s rivals.
A new pyramidal system of global dominance with the United States at the top, would certainly suit both Donald Trump, his supporters and also many of his political opponents in Washington. However,common sense is prompting many rationally-minded politicians elsewhere in the world to realize that a new balance of power in the global economy, namely a dynamic equilibrium between the two financial and economic centers – the US and China – could be the lesser evil.
Ideological prerequisites for a new bipolarity are already there with the US political establishment already viewing China as a “strategic rival.”
The US Senate accused Beijing of “imposing” itself on the world “as an alternative model … without a democratic system of governance” and trying to “undermine the free and open order” based on the rules that the United States helped establish after World War II . Simultaneously, officials in Europe, Japan, Australia, Canada, and a number of other traditional US allies are worried by a lack of “clarity” about the true nature of China’s global initiatives.
The logic of the new economic bipolarity is already going beyond the realm of academic discourse. In November 2018, Brussels started considering a proposal for exercising coordinated control over foreign, primarily Chinese, investments in strategic sectors of the EU countries’ economy, as well as their logistical and technological infrastructure. During the second half of last year, the Western countries ramped up coordinated pressure on a number of major Chinese high-tech companies, primarily Huawei, which is the world’s largest maker of high-tech equipment. Despite the lack of direct evidence, a number of EU countries have significantly limited the import of Huawei products. The United States, for its part, has completely banned the purchase of Chinese-made equipment for public institutions, and is going to extend the ban to the private sector. This pressure culminated in the December 2018 arrest in Canada at Washington’s request of Huawei’s chief financial officer, Meng Wanzhou. In January 2019, a Huawei employee was arrested in Poland on suspicion of espionage.
In addition to the trade war, the US and China spent most of last year waging a diplomatic battle over bilateral trade issues. In autumn, Donald Trump initiated new trade talks with Japan, the EU and Britain. He also announced plans to ink new agreements with the Philippines and Vietnam as part of his policy of signing bilateral accords, which contain a provision preventing the signatories from concluding trade agreements with China.
This is exactly the provision that already features in the new trilateral free trade agreements the US has signed with Canada and Mexico. What remains to be seen, however, is just how far Ottawa and Mexico City are ready to go to stick to these provisions in practice.
Beijing, in turn, is staking on multilateral trade deals in order to use the size and competitive edge of its economy to expand its foothold in the countries it is working with. Moreover, instead of trying to destroy the existing international and regional institutions of collective management, China is working hard to constructively reform them.
The result is a paradoxical situation where America blames China for threatening “freedom of trade” and “values of an open society,” while President Trump is accused by his opponents both at home and abroad of doing exactly the same thing.
As a result, the idea of geo-economic flexibility is now gaining traction in the world. In 2018, in response to Washington’s increasingly hostile policy, the EU came up with its own rules of the game whereby any two parties are free to conclude or reject virtually any agreement. It was intentional bluff on the part of European politicians and diplomats aimed at offsetting Donald Trump’s “escalation – getting concessions” tactic. When in Washington, European Commission officials supported the US against China, while in Beijing they sided with China against the United States. A graphic example of this tack was provided by Britain, which, while supporting the ban on the use of Chinese equipment in its IT infrastructure, still allows China’s CGN Company to participate in the construction of the Hinckley Point NPP.
This reflects a great deal of interest on the part of the European “West” in a multi-polar world order where, according to many European experts, the EU could lead the camp of supporters of liberal norms of international trade, which are embraced, one way or another, by all the leading nations of the world, with the notable exception of the current US leadership. With the economic potential of the EU being commensurate with that of the United States, it is exactly the area where the EU could implement its “strategic autonomy” plan where a united Europe is now able to act on a par with, and even independently, from the United States. In 2017, the European Union signed a raft of important trade agreements with Canada, Singapore and Vietnam. In the summer of 2018, it concluded a free trade zone deal with Japan and intensified similar parleys also with Mexico, the South American trade bloc MERCOSUR, Australia and New Zealand.
The Asian countries are equally eager to pursue a multi-vector economic policy. Following Trump’s withdrawal from the Trans-Pacific Partnership Agreement (TPP), the 11 remaining participants quickly revived the project. Moreover, the US exit gave them greater freedom of hand in choosing a strategy for further development of the trade pact. No longer instrumental in Washington’s policy of “deterring” China, the TPP can be more flexible in its relations with the world’s second largest economy, all the more so since almost all TPP members have close trade ties with the People’s Republic. Meanwhile, some European countries have been showing interest in the TPP, and negotiations on a 16-state Asian agreement on regional trade that will cover half of the global economy – the Regional Comprehensive Economic Partnership (RCEP), have also received a new boost. Unlike the United States, China is also involved here. At the same time, some of Washington’s traditional allies in Asia, such as Australia, New Zealand and Japan, are actively building up ties as part of both forums.
Finally, Donald Trump’s two-year tenure in the White House has significantly exacerbated the financial and economic differences between the leading Western economies. According to the Austrian newspaper Der Standard, by the mid-2018, direct cross-border investment in the world’s affluent countries had dropped by more than a third. Even if individual economies could benefit from restrictive measures, this won’t last long. Globalization as a whole is losing momentum. Although this may somewhat mitigate the countries’ discontent with developmental imbalances, it will not be enough to rectify the general structural problems the global economy is facing today. What is needed is a long-term strategy, and this can only be implemented through dialogue and multilateral interaction.
Meanwhile, economic multi-polarity is fast becoming a fait accompli. Wall Street and the London City are no longer the sole sources of investment as money could also come from China, the Persian Gulf countries and Europe even though there certainly are some nuances and conditions to have in mind here. Many countries are now openly playing on the contradictions existing between the world’s economic powerhouses, now counterweighing Beijing with Washington, now portraying both as powers others are wary of. Central Asia is actively maneuvering inside the Moscow-Beijing-Washington triangle, and Canada announces plans to further develop trade and economic ties with China despite, and possibly, because of the stuttering negotiations with Washington about changes to the NAFTA treaty.
The future of the ongoing trade wars will be determined by the world’s growing financial and economic interdependence on the one hand, and by most countries’ desire to guard against the dangerous impact a protracted, and, possibly, escalated US-China standoff could have on the global economy.
Amid the growing rivalry between Washington and Beijing, a sort of an economic nonaligned movement could become even more popular than its political counterpart of the Cold War era. After all, the liberal economic ideology was very popular even then, as neither the West nor the East was able to impose strict bloc trade discipline on its allies. Therefore, many countries of the so-called “golden billion” may eventually join the less affluent developing nations in such a nonaligned coalition.
If, in the foreseeable future, the global economy is bound to split into supporters of Washington and Beijing, this will most likely be about the choice of technologies and infrastructure projects vital for the security of states and societies, namely IT, artificial intelligence and payment systems. In most of the other, more traditional sectors of international trade, customary competition will continue, just like it has always done before.
First published in our partner International Affairs
Trump’s coming trade war “deal” is a dud
In typically bullish style, Donald Trump has told the world he expects a resolution to his trade war with China within four weeks. The U.S. President claims the deal “has a very good chance of happening,” and, when it does, it will be “the Grand Daddy of them all.” But key concerns linger: China has made several concessions to the U.S. over the endless rounds of talks, but there is little sign of Beijing reining in its support for industries such as steel and aluminium – one of the key reasons for the stand-off in the first place. If the Chinese delegation refuses to give way, and to stop dumping cheap products on global markets, even Trump’s staunchest supporters might wonder whether the whole dispute has been worth it.
While the trade war cost the U.S. economy an estimated $7.8 billion in lost GDP last year, the toll has been far greater on China, whose economic growth among other reasons was drastically hit by the steep American tariff walls. Growth has already slowed to its lowest level since 1990, and industrial production has hit a 10-year nadir. Despite Beijing’s best efforts, latest employment figures show a spike in the number of people out of work, pressuring Xi’s government to arrest the slide.
The IMF did at least provide some good news, revising up its 2019 growth forecast for the Chinese economy. However it also warned that, if the trade war escalates and both sides impose 25% tariffs on all each other’s goods, China’s losses will be bigger. U.S. GDP would fall by up to 0.6% in such a scenario, while China’s could plunge by more than double that figure. Around 1% of the U.S. workforce in sectors such as agriculture and transportation could lose their jobs – a major blow to those rural communities Trump has pledged to revive. In China’s manufacturing sectors, around 5% of people could find themselves suddenly out of work.
Signs of progress
This stark reality explains the raft of climbdowns brokered by Xi’s negotiators, which have gone some way to repairing the damage in some of the worst-hit U.S. sectors. China has proposed buying an extra $30 billion worth of U.S. agricultural products a year, including soybeans, as a concession to U.S. farmers facing soaring stockpiles. On top of that, Beijing has cut tariffs on U.S. cars, news which will have been welcomed by the beleaguered American automobile industry.
But what about China’s trade policies, which have long been central to the U.S. grievance, particularly unfair industrial subsidies? On that it’s hard to see what China has really offered. Xi’s team has made a general commitment to stop subsidizing domestic industries and drowning global markets, but it’s been making these promises for the last 10 years without much action on it, so analysts would be forgiven for being cynical. Observers describe the latest pledges as light on detail, particularly as China offers little information about how it would go about implementing subsidy cuts.
All the indications suggest that China will continue pumping out aluminium and steel, two of America’s – and the EU’s – keenest focus areas. Even after Trump slapped huge tariffs on the two metals last year, Chinese manufacturers continued to ramp up production. For example, in the first two months of 2019 unwrought aluminium and aluminium product exports reached multi-year highs as producers responded to slack domestic demand by dumping their product overseas.
The effect this will have on the international market will continue to be serious, particularly in the aluminium sector already decimated by years of Chinese over-production. The resultant price slump has effectively wiped out entire industries in countries such as the U.K. and the Netherlands. Worse, the tide shows little sign of turning, with aluminium prices on the London Metal Exchange hovering near multi-year lows. With experts suggesting that around 40% of the world’s smelters are now losing money, the ripple effect from China’s subsidies extends far beyond the U.S deep into Europe’s industrial heartland.
Of course, this doesn’t mean Trump will necessarily force China to stop dumping in the global, or even national, interest. Considering his desire for simple, easy-to-sell results, he will likely accept a deal if China simply agrees to buy more U.S. goods. In that case, he would likely skirt round the fundamental issues about market distortion – a serious risk that is becoming ever more acute as Trump’s image as a cunning dealmaker is showing cracks in the wake of the failed nuclear summit with North Korea, increasing his desperation to prove himself.
As most recent reports suggest, Washington’s will to hold out for the sake of a “great” trade deal is indeed weakening. Although the thorniest issue, insider sources say U.S. negotiators are backpedalling on the demand that China cut subsidies in a move to push a trade agreement in the next month. This is in line with former White House advisor Gary Cohn’s claim that Trump is mostly interested in closing a deal to boost stock markets and give himself the ideal fillip for his re-election campaign.
Yet, for the long-term health of the global community, Trump must press China on this issue. A quick-fix deal will doubtless cheer the global economy subjected to serious collateral damage from the trans-Pacific spat. But it risks stoking further conflict in the future, and ultimately a renewal of the stand-off. China may have been hurting to secure an agreement, but now it may about to be handed one with terms more beneficial than Beijing had imagined from the outset.
Rather than giving in with the end in sight, Trump needs to go all out for total victory, one that justifies the turmoil his trade war has caused. If he doesn’t, his deal may only be a ceasefire.
By 3-to-1, Americans Want Assange Prosecuted
A YouGov poll of 2,455 Americans taken on April 11th found that by a margin of 53% to 17%, or by slightly over 3 to 1, Americans want Julian Assange to be prosecuted.
The question was: “Wikileaks founder Julian Assange was arrested in London. Do you think he should or should not be extradited to the US?”
This was a remarkably bipartisan hostility toward Assange. As the YouGov news-report on that finding indicated:
“That majority increases among both Republicans (59% supporting extradition) and Democrats (62% supporting extradition), but decreases to a plurality (46%) among Independents. Independents were more likely to respond with uncertainty (32% saying they don’t know) than Republicans and Democrats, and a little more than one in five Independents (22%) are opposed to extradition.”
During 18-20 November 2018, YouGov had polled Americans on “Do you have a favorable or an unfavorable opinion” on Assange, and separately the same on Wikileaks. On each, Americans were predominantly unfavorable toward Assange by 38% to 20%, and toward Wikileaks by 44% to 29%. Another question in that poll was “Do you support or oppose the prosecution of Julian Assange, the founder of WikiLeaks?” “Support” was 29%. “Oppose” was 19%.
In March 2011, Reuters’s Ipsos polling firm asked 18,829 people in 23 countries, “As you may know, the mission of the Wikileaks internet site is to publish copies of confidential government or corporate files and information to the public. Do you support or oppose this type of site that would post such materials?” Globally, there was 74% “Support” and 26% “Oppose.” The lowest support was in U.S.: 29% support versus 61% opposition. (The second-lowest support of Wikileaks was in UK or “Great Britain,” where the opposition to Wikileaks was 38% instead of America’s 61%.) That poll also asked “Would you consider the publishers of the materials” from such a site to be “public service” or “mischief makers” or “criminals” or “heroes” or “other”; and the predominant one of those choices worldwide was “public service,” which was selected by the same percentage of people as the total percentage who had chosen either “mischief makers” or else “criminals” (the second and third preferred options) and it was eight times as many as those who had chosen “heroes.” (NOTE: These latter opinions pertained to the news-media that published information from Wikileaks — not to Wikileaks itself.) However, yet again, in this poll, Americans stood alone for the extremity of their hostility towards a national press that’s not being controlled by the Government (which is what Wikileaks is all about): only one third as large a percentage of Americans as the global percentage chose “public service,” whereas the percentage of Americans who chose “criminals” (42%) was more than three times the global percentage (13%) who chose that. The second-highest to that degree of extreme hostility against a press that’s authentically independent of the government was likewise “Great Britain”: 20%. Canada was the third-highest, at 19%. In other words: the #1 most-hostile nation against democracy was 42% in America, and the next-most-hostile to democracy was 20% in “Great Britain” — less than half as high a percentage of hostility against democracy, as compared to the U.S. percentage; and Canada was only slightly less hostile toward democracy than was the UK.
That same poll also asked: “Wikileaks recently posted thousands of confidential US government diplomatic notes. … Julian Assange, who is responsible for leaking the documents should be viewed as a” — and 49% of Americans said “criminal,” whereas only 17% globally did. (Great Britain was, yet again, on this, the second-highest hostility against democracy, at 26%.) Globally, 29% of all respondents said that Assange had provided a “public service,” but only 11% of Americans said that.
By overwhelming margins, Americans thought that their Government should have an unqualified right to hide from the public, basically, anything it wants to hide. The U.S. Government actually does possess unlimited authority to categorize whatever it wants, as being “Classified.” Overwhelming majorities of the U.S. public approve of this root-principle of dictatorship. Assange is being condemned, fundamentally, because he violates that intrinsic principle (government-secrecy, regardless of how arbitrarily it is imposed), of dictatorship, anywhere.
Clearly, then, the American people were far more favorable toward dictatorship than the public was, in any of the 22 other nations that were sampled.
(NOTE: For the purposes of this article, effective control by the government over the nation’s press is defined as dictatorship, and effective freedom of the press to report any truth — regardless of what the government wants — is defined as democracy. So: the U.S. belongs in the category of a 100% dictatorship, since the Government can classify anything it wishes to.)
An interesting sidelight to these findings, of an extremely pro-dictatorship U.S. public — and with Great Britain being right behind (though not nearly as pro-dictatorship as Americans are) — is that, in 2002 and 2003, the national press in each of those two countries was so strongly controlled by the government as to deceive (via their stenographic ‘news’-media) their respective public into invading Iraq, on the basis of that stenographic reporting by the nation’s press of the government’s lies against Iraq. This is the result of both countries being dictatorships. This is true irrespective of whether Iraq also was.
Further confirmations of the extreme degree of dictatorship in the United States are that it’s the nation which has the world’s highest percentage of its people in prison, and that in the periodic polling by the Gallup organization, the one “institution” that always scores at the very top as being the most highly respected of all institutions in America is “the military.” That is the finding which would reasonably be expected in a total dictatorship.
So: if Assange gets extradited by Great Britain to the United States for prosecution, he will face here not only the most hostile government but the most hostile public. Presumably, this would please the leaderships (even if not the publics) in all U.S.-allied nations, including especially NATO — America’s anti-Russia military alliance, which after 1991 absorbed the entirety of the no-longer-existing Soviet Union’s Warsaw Pact mirror organization which had countered America’s NATO alliance. NATO itself is strongly supported not only by the governments but by the people within the respective member-nations, and polling in June 2014 found that “A little more than half of EU respondents (56%) said it was desirable that the United States exert strong leadership in world affairs.” So, the publics in those nations (at least back in 2014) wanted their own government to continue to be led by the U.S. Government. That was more than a decade after the U.S. Government (and Great Britain) had invaded and destroyed Iraq, on the basis of lies. So: perhaps the public, not only in America but in other countries, learns nothing from experience, and they are perennially suckers of their respective national leaderships. But, in any case, the American public are international standouts for supporting dictatorship — not merely accepting it, but actually endorsing it. Obviously, if Assange is not freed from Great Britain and especially from the U.S., his prospects are exceptionally dismal. His only actual ‘crime’ is having stood up internationally for democracy. If that’s not a “hero,” who is? But perhaps, now, democracy has become a hopeless cause. Perhaps, in the final analysis, Assange’s fate will turn out to have been the fate of democracy, too — the canary in this coal mine.
Americans fear punishment for Afghan war crimes
Lo and behold! Looks like the “great and terrible” United States can be scared to the point of hysteria. Another myth about American omnipotence is being debunked before our very eyes now that the big shots in Washington are dreading the prospect of being held accountable for the crimes their soldiers have committed in Afghanistan.
Well, it’s been a long time since the Yankees have last been scared of anyone anywhere, save, perhaps, for Soviet missiles. Still, the challenge they now have thrown out to the International Criminal Court (ICC) has laid bare their cowardice for the whole world to see. And all this under the guise of threats and warlike rhetoric, of course.
Washington saw red when, in November 2016, Foreign Policy journal wrote that “the prosecutor’s office of the International Criminal Court (ICC) is ready to initiate a full investigation of a range of possible war crimes and crimes against humanity in Afghanistan, including some by US personnel.” Washington was incensed even more after the very same publication wrote that “the chief prosecutor, Fatou Bensouda, will seek to initiate an investigation,” and that “the prosecutor’s office repeatedly called attention to alleged abuses of detainees by US personnel between 2003 and 2005 that it believes have not been adequately addressed by the United States.”
The ICC report noted that “crimes were allegedly committed with particular cruelty and in a manner that debased the basic human dignity of the victims.”
Shortly afterwards, US officials visited The Hague where the ICC was meeting to discuss the potential investigation and to express concerns about its scope in what was seen as their first attempt to intimidate the court.
A report by the UN mission in Afghanistan added fuel to the flames of the ICC probe. According to the report, in 2016 alone, 11,418 civilians died there at the hands of all the warring sides, including the Taliban (banned in Russia). Still, the main culprits are US invaders and their NATO allies.
Despite the mounting pressure, the ICC prosecutor Fatou Bensouda of Gambia persisted with the investigation. Washington then ramped up the pressure by simply revoking her entry visa to the United States. Simple as that.
Bensouda’s office said she had an “independent and impartial mandate” under the Rome statute governing the ICC, and described Washington’s move as an attempted attack on the ICC by the US Administration bringing a sigh of relief from “law-abiding” Americans. And no one in the “free and independent” US media raised his voice against this arbitrary practice.
Such voices of disagreement came from the European Union and the United Nations though, with the UN Secretary General’s official spokesperson Stephane Dujarric expressing the hope that “the United States government will continue to comply with its obligations… and that the prosecutor, when she needs to come to the United Nations, will be afforded a visa for work done at the United Nations,” where Fatou Bensouda was to present a report to the Security Council on the progress of ongoing investigations into the events in Libya.
EU foreign policy chief Federica Mogherini likewise backed the ICC: “We will continue to fully and strongly support the ICC and its work,” she said.
It has also been said that Washington’s disregard for the ICC, which comprises 123 countries (excluding Russia and the US), is fraught with an international scandal. However, President Trump will hardly bother to worry about trifles like this. Responding to the start of the investigation into the crimes committed by the Americans in Afghanistan, the US State Department vowed to revoke or deny visas to ICC staff “seeking to investigate alleged war crimes and other abuses committed by US forces in Afghanistan or elsewhere.”
Secretary of State Mike Pompeo threatened “to take additional steps, including economic sanctions, if the ICC does not change its course.”
Washington reserves the same treatment also for the ICC staff investigating alleged crimes by the Israelis in the West Bank and Gaza Strip, and President Trump has confirmed this. Paraphrasing George Orwell, all people are equal before the ICC, but some people are more equal than others.
However, here the Americans’ strength turns into weakness and uncertainty. President Trump’s national security adviser John Bolton threatened prosecutions and financial sanctions against ICC staff, as well as against countries and companies assisting in ICC investigations of US nationals. If this is not a sign of panic, then what is?
However, the mere fact that an official investigation has been launched against the United States is unprecedented in modern-day politics. When even a Gambian national can see that a global superpower is losing strength and is vulnerable, one can only imagine what will happen if everyone else in the world realizes this too.
Fully aware of this prospect, the Americans have applied all levers of political and economic pressure available to them and showed everyone that they are still a power to be reckoned with. On April 12, the ICC unanimously (sic!) rejected prosecutor Fatou Bensouda’s request to investigate criminal offenses allegedly committed by NATO coalition forces against civilians in Afghanistan on the very dubious grounds that such an investigation at the present time “would not serve the interests of justice.”
The ruling states that the prosecutor’s request “establishes a reasonable basis to consider that crimes within the ICC jurisdiction have been committed in Afghanistan and that potential cases would be admissible before the Court.” However, the Chamber noted “the time elapsed since the opening of the preliminary examination in 2006 and the political changing scene in Afghanistan since then, the lack of cooperation that the Prosecutor has received and which is likely to go scarcer should an investigation be authorized hampering the chances of successful investigation and prosecution, as well as the need for the Court to use its resources prioritizing activities that would have better chances to succeed.”
US Secretary of State Mike Pompeo is happy: “I am very pleased that the ICC made this decision today. It is the right one. When Americans misbehave, whether it’s our military, intelligence officers, we have a robust democratic process that holds them accountable. You’ve seen us do that for those that misbehaved. There is in no way or any need for the ICC to intervene,” he said.
This is a striking example of national legislation taking precedence over international law – especially in critical situations.
President Trump was equally pleased hailing the ICC’s refusal to consider the actions of the US military in Afghanistan as “a major international victory not only for these patriots, but for the rule of law (?)”. He reiterated US reservations about the Hague-based ICC, saying that its “broad, unaccountable prosecutorial powers” present a threat to US sovereignty. Which means that Yankees are immune from prosecution – something we should all keep very much in mind.
The whole situation turned out to be pretty ambiguous: the Americans got scared, but the ICC ended up bending under Washington’s pressure. It still looks like the days of America’s complete domination are over, just as the current scandal proved beyond any reasonable doubt.
First published in our partner International Affairs
As Marsha Lazareva languishes in jail, foreign businesses will “think twice” before investing in Kuwait
IF THERE IS one thing to glean from the case of Marsha Lazareva, it’s that foreign businesses must now think...
IEA hosts high-level meeting on Africa’s energy outlook
The International Energy Agency held a day-long workshop on Wednesday to discuss ways to promote greater energy development across the...
Trump’s coming trade war “deal” is a dud
In typically bullish style, Donald Trump has told the world he expects a resolution to his trade war with China...
EU is strengthening its political partnership with Latin America and the Caribbean
The European Union is strengthening its political partnership with Latin America and the Caribbean by focusing it on four priorities...
By 3-to-1, Americans Want Assange Prosecuted
A YouGov poll of 2,455 Americans taken on April 11th found that by a margin of 53% to 17%, or...
Americans fear punishment for Afghan war crimes
Lo and behold! Looks like the “great and terrible” United States can be scared to the point of hysteria. Another...
Post-Pulwama False Flag Operation: Prediction and Reality
Since the nuclearization of South Asia in 1998, the region has become a major component of international security and stability....
Reports3 days ago
Bhutan’s Economy to Moderately Grow in 2019 and 2020 on Strong Hydropower and Tourism Outlooks
Europe3 days ago
Why Italy Needs to Enhance Its Strategic Vision
Russia2 days ago
The Results of the Azerbaijan- Russia Industrial Cooperation Forum
Defense2 days ago
India’s Space Ambitions
Reports3 days ago
SMEs turning to alternative financing instruments as growth slows in bank lending
South Asia3 days ago
Kashmir: Will Modi accept Pakistan’s Khan’s talks offer?
South Asia2 days ago
Pakistan: A Terrorized Rather than Terrorist State
Newsdesk3 days ago
Fire at Notre-Dame: UNESCO stands by France to safeguard and rehabilitate this historic heritage