A Hazardous Game – The Strait of Malacca
... the geographic local, but also the wider vicinity and what is known as the 'Malacca Dilemma'. To those unfamiliar with the strait and question its value... ... daily or 1/3 of the global oil trade, as tankers move from mainly Middle East to Asia (China, Japan, South Korea, etc.) It is not the only passage available there (e.g. Lombok-Makassar... ... off-shoring policy for the US. Maybe we ought to welcome such rivalry and its resurgence in geopolitics - if we adapt an accepted principle that in business a supreme practice...
08.10.2013