... Calibrating the contraction of its overseas projection and commitments – some would call it managing the decline of an empire – the US does not fail to note that nowadays half of the world’s merchant tonnage passes through the South China Sea. Therefore, the US will exploit any regional territorial dispute and other frictions to its own security benefit, including the costs sharing of its military presence with the local partners, as to maintain pivotal on the maritime edge of Asia ...
President Barack Obama, seeking to shape his legacy, said that COP 21 makes the United States, which did not ratify the earlier Kyoto Protocol,... ... Sachs, Jim O'Neill, the creator of the BRIC (now BRICS) model, predicted that the combined GDP of eight countries-- China, Russia, India, Brazil, Turkey, Mexico, South Korea and Indonesia-- will account for about a third of the world economy ...
... “Brazil cost.”
In contrast, the United States operates with half as many cabinet secretaries as Brazil and has become adept at quickly adapting to changes in the global economy.
Russia and Venezuela operate with 32 cabinet ministers. China, which is now bankrolling Brazil's economy through a $52.6 billion oil and infrastructure deal that includes dual-use nuclear technology, has 25 ministers. .
Hoping to use her presidential mojo Dilma and the leadership of the Workers' ...
... criminal in the International Court of Justice. Modi’s candidacy gained momentum when the body politic of India needed a change. The nation’s internal politics had become a hotbed of inertia and disposed to sluggish growth and inflation. China has been dumping cheap consumer goods into Indian markets for the past few years and continues to do so, which has been a drag on job creation. Modi presented a fresh alternative to the scattershot alliance of parties controlling congress that has ...
... regulating the packaging and reselling of domestic debt, particularly home mortgages, touched off the domestic U.S debt crisis in 2008, which did not become completely evident due to media curation until after the presidential election and the victory of Barack Obama, and the global crisis that followed and continues today. Now another currency war is shaping up. Beijing has shown its appreciation for the China-bashing campaign led by Washington and its coterie of friendly economists. Anglo-American propaganda suggests that Beijing continues to manipulate its currency while Washington continues its quantitative easing and feigns the innocence of a choirboy....
RIAC Experts comment
President Obama has completed his Asian tour and President Putin has visited China. What conclusions can be drawn from the results of these events?
Below are comments by Gleb Ivashentsov, Deputy Director of the Russian Centre for APEC Studies; Dmitry Mosyakov, Head of the Centre for the Study of South East Asia, Australia and ...
... Direct / Reuters
Barack Obama and Chinese President Xi Jinping:
Finding common ground?
OK. We have a new world order, or the outlines of such an order. Which country will find it easiest to adapt itself to the new order – Russia, the U.S. or China?
Each country will have to adapt in its own way. America will have to learn to play the coalition game rather than going it alone. Barack Obama is trying to do this and having some success.
Russia should clearly determine its own niches, priorities and advantages in a multipolar world. To learn to use its “undervalued” assets. And believe me, it has many.
China needs ...