Day: September 21, 2023
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China Cuts Off Vital Lifeline to Argentina, Recalls Ambassador
The younger generation loves to say — with saltier wording — “You mess around and find out.” Argentina’s new president, Javier Milei — who while campaigning used fierce anti-China rhetoric — has apparently messed around and found out.
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Australia Refuses to Send Ships to Red Sea
The Australian government has reportedly indicated that it won’t send ships to join the U.S.-led Operation Prosperity Guardian in the Red Sea. The operation is aimed at containing attacks from Yemeni Houthi militias on commercial shipping and to keep sea lanes open. Defence ...
China Hawks in the U.S. Back Albanese’s Decision to Concentrate Force Deployments in Asia
Australia’s decision not to contribute a warship to the U.S.-led patrolling of Red Sea shipping lanes is playing into U.S. political divisions in the run-up to next year’s election. Reaction from the Biden Administration has so far been muted. The Australian ...
Chinese Experts on Red Sea: Not Our Problem
Chinese exporters’ profit margins are suffering as container shipping companies reroute their ships away from the Red Sea. The move to escape strikes by Houthi militias against ships headed for Israel will add to shipping time and costs, driving up shipping quotes for next year.
UN Security Council Vote on Gaza Postponed
The UN Security Council pushed back voting on a resolution calling for a pause in violence in Gaza. The delay comes amid fears of another U.S. veto, even though “cease-fire” doesn’t appear in the UAE-sponsored wording of the proposed resolution.
A U.S. Marine Corps CH-53E Super Stallion with lands aboard the amphibious transport dock ship USS Portland during flight deck operations in the Pacific Ocean. Image via the U.S. Marine Corps.
In this edition of M&M, I want to examine one of the most common claims not only in Vietnam’s foreign policy circle but also in that of the United States. The United States is a Pacific power with an extensive network of alliances and bases across the Indo-Pacific, and its exercise ...
Tart Response in Beijing to India-Canada Dispute
China’s state-owned Global Times newspaper said the brewing conflict between India and Canada about the possible involvement of Indian actors in the assassination of a Sikh leader in British Columbia reveals “the vulnerability of the so-called value-based alliance system led by the US.”
Nepal Walks a China-India-U.S. Tightrope as Prime Minister Heads to Beijing
Nepal’s Prime Minister Pushpa Kamal Dahal (nicknamed “Prachanda”) arrives in China on Friday for the second overseas visit since he took office. His first, in June, was to India, and the choice of destinations shows the delicate balance Nepal has to strike between its giant neighbors. ...
Climate Chart of the Day: China and the U.S. Spend the Most on Fuel Subsidies
Fossil fuel subsidies in 2022 amounted to $7 trillion globally, about 7.1% of global gross domestic product. It shot up by 18.3% year on year, partly in response to the Ukraine war, according to research by the IMF. The subsidies worsen ...
Climate Change Dilemma: How Can the Global South Get Rich from Their Own Minerals?
This week, the Democratic Republic of Congo convened its inaugural DRC-Africa Battery Metals Forum in Kinshasa. Under the theme “Creating Wealth for the DRC and Africa’s Battery Metals Industry Value Chain,” the event tackles an issue that has preoccupied many Global South countries. Considering that everyone wants their minerals, ...
Chinese Lending to Africa Plunges to 20-Year Low
Chinese lending to African countries plunged to below a billion dollars in 2022, the lowest level in two decades, according to new data from the Global Development Policy Center at Boston University. The findings confirm that the era of Beijing financing ...
West’s Delays in Financing Indonesia’s Just Energy Transition Provides New Opening for China
Indonesia decided last month to delay launching an investment plan for the $20 billion Western-sponsored climate funding, known as the Just Energy Transition Partnership (JETP). This delay shows us several things. First, the problematic nature of how our leaders are handling the issue of energy transition, and ...