While the world watches the ongoing debt negotiations between Greece and its international creditors mainly for their impact on the Greek and eurozone economies, the talks have already put Beijing’s plans for a strategic transport system meant to further integrate Europe and the Mediterranean with the Chinese market back on track. The new leftist government of Prime Minister Alexis Tsipras in Athens had initially announced plans to halt the privatization of Greece’s largest seaport, Piraeus, alarming investors from the Chinese shipping giant Cosco, which is keen to take a majority share in the Greek facility. But as part of the [...]
Last month, 11 states in Brazil experienced a series of blackouts. In an email interview, Mark Langevin, director of BrazilWorks and adjunct professor of international affairs at the George Washington University, discussed Brazil’s energy infrastructure. WPR: What is the current state of Brazil’s electricity infrastructure? Mark Langevin: Brazil’s recent sporadic power outages highlight the external threats that stem from hydroelectricity dependence and volatile climate conditions. They also confirm the equally important, but less dramatic, progress Brazil has made in increasing power generation and the reliability of electricity service since the devastating blackouts of 2001. The current outages arise much closer [...]
On Jan. 8, Chinese President Xi Jinping strode into a meeting room in Beijing for an unprecedented gathering. The audience was filled with Latin American dignitaries, including three presidents, one prime minister and countless Cabinet members from the Community of Latin American and Caribbean States (CELAC). It was the first official high-level gathering of the China-CELAC Forum, and Xi expressed his appreciation. “Your presence,” he told his audience, “has brought warmth to Beijing in the depth of winter.” Xi vowed to double Chinese trade with Latin America to half a trillion dollars and raise direct Chinese investment in the region [...]
