Ukraine – the situation (August 31, 2022)

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Summary/Overview Ukraine says an offensive in the Kherson region has begun – with some initial achievements. Russia agrees plus says offensive actions have been beaten as well as substantial losses within men and materiel are actually inflicted. Thick haze of war, heavier of propaganda. The International Atomic Power Agency (IAEA) mission to investigate the situation on […]

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Iran lending Russia a big helping hand in Ukraine

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The war in Ukraine is helping one country achieve its foreign policy and national security objectives, but it’s neither Russia nor Ukraine. It’s Iran. Iran is among Russia’s most vocal supporters in the war. This has little to do with Ukraine and everything to do with Iran’s long-term strategy vis-à-vis the United States. As Russia’s […]

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Japan’s nuclear revival in a race against time

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TOKYO – Japanese Prime Minister Kishida has expressed support for investigations that will probably lead to the first construction of new nuclear power plants in Japan in over a decade. The obvious goal is to reduce reliance on imported fossil fuels and exposure to the wild vacillations of oil and gas prices. But also behind […]

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What Powell could learn from Rhee

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TOKYO – As US Federal Reserve Chairman Jerome Powell rocks and roils global markets, he may have an unlikely but pivotal ally in Seoul.

Markets everywhere are still quaking over Powell’s August 26 speech in Jackson Hole, Wyoming, where he warned that higher interest rates will cause “some pain” and that the Fed’s tightening cycle may persist “for some time.”

Yet Bank of Korea Governor Rhee Chang-yong seems less shaken than most. That’s an intriguing crouch given how the Fed’s last big rate-hike campaign in 1994 and 1995 devastated South Korea’s economy, along with those of Indonesia and Thailand.

But Korea’s economy has changed radically since the 1997-98 Asian Financial Crisis. And more recently, the BOK has accepted inflationary realities and utilized its brake pedal well before the Fed decided to act.

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Why Washington must tread carefully with Taiwan

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Taipei has become a routine place to go for US lawmakers and other officials since House Speaker Nancy Pelosi’s  visit to Taiwan  in early August. Her vacation was soon accompanied by a congressional contingent  led by  Senator Ed Markey, a team of industry negotiators  helmed by  Indiana Governor Eric Holcomb, and then, final Thursday night,   a third  congressional delegation. President Joe Biden’ s administration  reportedly  encouraged Pelosi […]

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The Biden-Blinken doctrine: hubris or humility?

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On August 22, The Wa Post published a  glowing profile  of the current US admin of state entitled, “Can Antony Blinken update liberal international policy for a globe gone mad? In the shaping and delivery of the Biden-Blinken doctrine. ” The author, an ex beat reporter for your DC suburbs and longtime contributor towards the Post’s  Style  area, seemed to […]

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China’s energy crisis pushes shift from green to coal

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Two months of scorching heatwaves plus drought plunged Tiongkok into an energy security crisis. The southwest province of Sichuan, for example , relies on dams to generate around 80% of its electricity, with growth in hydropower crucial for China and taiwan meeting its net-zero by 2060 emissions target. Sichuan suffered from power shortages right after low rainfall and extreme […]

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Central Asian trade intensifies work on South Caucasus corridor

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Arrangements have been decided for another meeting between the leaders of Armenia and Azerbaijan, in Brussels on Wed, through the good workplaces of Charles Michel, the president from the European Council. This meeting could be a make-or-break encounter for the long-run future of Ruskies influence in the Southern Caucasus and, by extension, the Caspian Sea […]

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As Israel-Russia relations sour, Mideast braces for fallout

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Since Russia’s invasion of Ukraine in late Feb, Russian Jews are emigrating to His home country of israel in growing numbers. Angered over the invasion and fearful of persecution, some twenty, 500 of the estimated 165, 000 Jews in Russia  have left for Israel, and much more are expected to follow. The particular departures are component of a larger Russian exodus fueled […]

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Indonesia getting ‘grey-zoned’ by China

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China is subjecting Indonesia in order to maritime grey zone tactics — competitive acts between declares short of all-out combat — in the Northern Natuna Sea. The far east pursues these goals in the knowledge that Indonesia will are not able to properly respond. The newest North Natuna Ocean crisis between December 2019 and The month of january 2020 saw the incursion of Chinese language […]

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