Vladimir Putin, determined to revive Russia’s status as a global power, has rapidly mobilized forces to bolster the Assad regime in Syria. He orchestrated a meeting with US President Barack Obama at the September UN General Assembly meeting, to give the appearance that he is taking charge of ending the Islamic State’s expansion in Iraq and Syria, explains Thomas Graham, a senior fellow at the Jackson Institute for Global Affairs based at Yale University. The move carries risks, and the United States still has great capacity to influence the region with its response.
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Investors around the world seek secure places to store assets. Chinese firms and individuals hold enormous amounts of liquid money, and many seek to diversify with non-Chinese assets. Farok J. Contractor, professor at Rutgers, suggests that Chinese firms may be creating subsidiaries to ease transfers, which explains why as much as 70 percent of outbound foreign direct investment capital from China flows to Caribbean nations and Hong Kong.
As NATO withdraws from Afghanistan, India and Pakistan must step up and cooperate on security.
Seeking global clout, China’s position on sanctity of sovereignty evolves.
China, Europe, Japan, US – 70 percent of the global economy – require swift G20 intervention.
The globe may be safe from the euro debt crisis – if countries don’t join the downward spiral.
Budgetary balance and need to develop alternatives, are reasons to end fuel subsidies.
Scarborough Shoal standoff reveals blunt edge of China’s peaceful rise.
As rebels gain territory, Syrian guards could abandon chemical-weapon arsenals.
YaleGlobal article published on March 30, 2012