• A Common BRICS Currency to Challenge the U.S. Dollar? “A Very Far-Fetched Notion”: Expert

    The BRICS bloc, a group of developing countries seen as seeking to counter the United States and the West, agreed at a summit last week to admit six new countries — Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates. The new members will make BRICS a commodities powerhouse, and the group now accounts for 40 percent of the world’s population. It will be tough for group members  to get away from the dollar as a reserve currency, however, due to the far greater ease of buying and selling it.

  • President Biden Has Banned Some U.S. Investment in China. Here’s What to Know.

    A new executive order restricts U.S. investments in sensitive technologies that Washington fears could help Beijing increase its military power. It is the latest in a raft of policies erecting barriers between the world’s two largest economies, and U.S. allies could soon adopt similar measures. The  Biden administration says the restrictions are directed at protecting national security, not stifling economic competition.

  • U.S.-led Deterrence in South China Sea May Push China to Become More Confrontational: Analysts

    The U.S. and its allies conducted several joint military exercises near the Philippines. Analysts say Washington and its allies are showcasing an “inter-alliance cohesion” through these coordinated activities. While Washington and its allies hope to shift China’s aggressive behaviors in the South China Sea through deterrence and other means, some defense experts say Beijing may view these moves as an intensification of U.S.-led efforts to contain it.

  • The U.S. and China May Be Ending an Agreement on Science and Technology Cooperation − a Policy Expert Explains What This Means for Research

    A decades-old science and technology cooperative agreement between the United States and China was set to expire on Aug. 27, 2023, but was extended, at the last minute, by six months to allow more negotiations between the two countries. On the surface, an expiring diplomatic agreement may not seem significant. But unless it’s renewed, the quiet end to a cooperative era may have consequences for scientific research and technological innovation, as the U.S. risks being cut off from top know-how as China forges ahead.

  • Baltic States Seek to Decouple Their Power Grids from Russia

    Estonia, Lithuania and Latvia are seeking to disconnect from an energy grid network shared with Russia and Belarus by early 2025. Vilnius is pushing from an earlier exit from the grid, which Tallin opposes.

  • Thailand’s Emerging New Political Alignment

    The big surprise of Thailand’s 14 May general election was the performance of the Move Forward Party, which seemed to be a rebuke of nine years of political dominance by the monarchy and military-backed government.

  • Experts: Vietnam May Benefit as US Companies De-risk Supply Chains Now in China

    Vietnam is well-positioned to draw U.S. investors seeking to de-risk supply chains now in China, but closer economic integration between Hanoi and Washington appears unlikely to lead to political realignment, according to experts.

  • The Dollar: The World’s Reserve Currency

    The dollar’s role as the primary reserve currency for the global economy allows the United States to borrow money more easily and impose painful financial sanctions. Other countries are beginning to consider alternatives.

  • U.S. Tech Leaders Want Fewer Export Curbs on AI Chips for China

    Intel Corp. has introduced a processor in China which is designed for AI deep-learning applications despite reports of the Biden administration considering additional restrictions on Chinese companies to address loopholes in chip export controls. Intel’s move is part of an effort by U.S. technology companies to bypass or curb government export controls to the Chinese market as the U.S. government, citing national security concerns, continues to tighten restrictions on China’s artificial intelligence industry.

  • The EU Border “Pushbacks” May Have Become a De Facto Migration Policy

     The word “pushback” has entered the EU’s lexicon along with hundreds of thousands of people who have sought asylum in the bloc since 2015. Campaigners say “pushbacks” are now so systematic, they are de facto policy.

  • Proposed U.S. Missile Defense Plan a Source of White House, Congress Disagreement

    The $874 billion budget passed by the House on Friday calls for the military to maintain a “credible nuclear capability” to deter adversaries, while developing and deploying layered defense systems that can defeat complex missile threats “in all phases of flight.” The White House argues that this contradicts the balance-of-terror on which the nuclear relations of the great powers was based since the 1960s, and which is embedded in nuclear arms control treaties.

  • Preparing for Great Power Conflict

    How has the military experience gained by both the U.S. military and the PLA since 2001 shaped the way both militaries train? What effect do these experiences and training trends have on readiness for major power conflict?

  • New Book Unveils Untold Story of U.S. Engagement in Afghanistan Prior to Soviet Invasion

    Whether in 1979, 2001, or 2021, Afghanistan has frequently been seen as a crisis area in U.S. foreign policy. Robert Rakove sheds new light on the little-known and often surprising history of U.S. engagement in Afghanistan from the 1920s to the Soviet invasion, tracing its evolution and exploring its lasting consequences.

  • Chinese Legislation Targets U.S. Trade Sanctions

    A day before U.S. Treasury Secretary Janet Yellen arrived in Beijing, China passed a sweeping new Foreign Relations Law that appears to be aimed at countering U.S. trade sanctions. The law comes as the government of President Xi Jinping is pushing back against American efforts to cut off its access to technology to make advanced computer chips and efforts to reduce reliance on Chinese suppliers.

  • Germany Restricts Influence of China's Confucius Institute

    Germany’s education minister has called for “clear limits” to be imposed on the Confucius Institute, which promotes Chinese language and culture. There are currently 19 Confucius Institutes in Germany.