Advertisement The leaders of the G-7 nations and the European Union gather in Hiroshima, Japan, starting on May 19. But their summit is being preceded by a series of ministerial meetings in various picturesque cities in Japan to lay the groundwork on a number of important topical issues. As the current cold war atmosphere between … Read more
Advertisement Prime Minister Kishida Fumio’s new capitalism seeks to supplant the long-standing neoliberal policies that have dominated Japan since the 1980s, including the country’s more recent shift to “shareholder capitalism.” Instead, the Kishida administration is pursuing a more inclusive “stakeholder capitalism” and aims to stimulate a “virtuous cycle of growth and distribution” to increase wages … Read more
An electric vehicle charging station in East Jakarta, Indonesia, August 18, 2022. Credit: Depositphotos Advertisement When we think of tech in Indonesia, the first thing that usually comes to mind are homegrown unicorns like GoTo and Traveloka, big consumer-facing start-ups that are integral to the country’s rapidly growing digital economy. And for a while, it … Read more
Advertisement China’s proposed $58 billion railway project aimed at connecting Pakistan’s port of Gwadar to Kashgar in Western China is set to revolutionize trade and geopolitics in the region and beyond. The project is part of China’s Belt and Road Initiative (BRI) and has been welcomed by both countries for its potential to strengthen their … Read more
Advertisement Against the backdrop of a looming debt default, the U.S. House passed the Limit, Save, Grow Act of 2023, a Republican-led bill proposing to raise the country’s borrowing limit. The 217-215 party-line vote suggests the partisan nature of the bill, the purpose of which is to jump-start negotiations with President Joe Biden and his … Read more
The Pulse | Economy | South Asia On further investigation, the wave of stories about a new breakthrough in the China-Pakistan Railway are based on hot air. The China-Pakistan border at Khunjerab pass. The proposed railway would have to pass through this inhospitable terrain. Credit: Depositphotos Advertisement An article published by the South China Morning Post on April 27 … Read more
Advertisement On April 14, an editorial by the Wall Street Journal outlined that the Hong Kong government has taken “hostage” the pension assets of some 96,000 Hong Kongers who have moved to the United Kingdom, in what may be considered a cynical act of financial deterrence and revenge. In normal times the denial of access … Read more
Advertisement During the uneasy days of the early Cold War, U.S. President Dwight Eisenhower delivered a ray of optimism in a now-famous speech before the United Nations General Assembly. Acknowledging that humankind’s trajectory was forever darkened with the invention and use of the atomic bomb, he preached that a global approach to nuclear diplomacy could … Read more