Filipino fishermen on a boat go by Vietnamese frigates at the south harbor in Manila, Philippines, Nov. 25, 2014 (AP photo by Aaron Favila).
Earlier this month, the foreign ministers of the Philippines and Vietnam met to discuss the possibility of forming a strategic partnership. In an email interview, Carl Thayer, professor emeritus at the University of New South Wales, discussed ties between Manila and Hanoi. WPR: What is the recent trajectory of Philippines-Vietnam relations, and to what extent are the South China Sea territorial disputes driving closer ties? Carl Thayer: Philippines-Vietnam relations have been on an upward trend since October 2010, following the state visit to Hanoi by Philippine President Benigno Aquino and subsequent visits to the Philippines by Vietnam’s president in 2011 [...]
Japanese Prime Minister Shinzo Abe reaches out to shake hands with Chinese President Xi Jinping during a welcome ceremony for the Asia-Pacific Economic Cooperation (APEC) Economic Leaders Meeting, Beijing, Nov 11, 2014 (AP photo by Ng Han Guan).
Japan and China took another step toward thawing relations over access and territorial rights in the East China Sea with the resumption earlier this month of high-level maritime talks in Tokyo. The Jan. 12 meeting focused on creating a crisis-management mechanism that would mitigate any potential flashpoint surrounding the disputed Senkaku Islands, claimed by China as the Diaoyu. Japanese Prime Minister Shinzo Abe and Chinese President Xi Jinping agreed to work toward establishing such a maritime crisis hotline after their brief meeting on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit meetings held in Beijing last November. That summit [...]
Gasoline is advertised for $1.99 per gallon at an On Cue station and $2.03 per gallon at the nearby 7-11 in south Oklahoma City, Dec. 5, 2014 (AP photo by Sue Ogrocki).
The dramatic fall in global energy prices over the past several months provides the United States with a window of opportunity to push new solutions to several pressing domestic and foreign policy challenges—if Washington is focused and prepared to act quickly. I proposed one such solution several weeks ago: a reverse-windfall tax to set a “price floor” on domestic energy consumption. Doing so would take advantage of falling prices at the pump to raise funds to sustain the infrastructure that has been constructed over the past decade in the North American nonconventional energy fields, without damaging the U.S. economic recovery. [...]
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