Nepal stands on the brink of an economic crisis, after what it alleges is an India-imposed blockade of its borders for the past three months. Pushing back, Nepali leaders are vowing to work toward economic self-reliance and ease their dependence on India, to the advantage of New Delhi’s rival, China. “Nepal-India relations are at their lowest ebb right now,” says Yubaraj Ghimire, a Kathmandu-based commentator. The blockade of this landlocked nation began on Sept. 23, three days after Nepal officially adopted its new constitution. Critics argue the charter does not give fair political representation to two ethnic groups, the Indian-origin […]
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In June 2014, a video released by FUNAI, the Portuguese acronym for Brazil’s Department for Indian Affairs, captures the moment seven members of an unnamed, previously uncontacted tribe from the Amazon rainforest made their first voluntary contact with the modern world. The video shows the men emerging naked from the forest onto the banks of the River Envira in the western Brazilian state of Acre, close to the Peruvian border. After calling out, singing and signaling with their hands, they crossed the river to a small indigenous settlement of the local Ashaninka people on the other side. The men told […]
Recep Tayyip Erdogan’s trip to Qatar two weeks ago was his second to the tiny oil- and gas-rich Arab state since he was elected Turkey’s president last year. The visit was significant because it inaugurated the first High-Level Strategic Cooperation Council meeting between the two countries, a mechanism created last year to deepen bilateral cooperation in strategic sectors. During Erdogan’s visit, 16 separate agreements were signed for everything from education and maritime affairs to travel and energy. Some of the agreements—such as cooperation on archives, credential recognition in the maritime industry and public finance management—were technical in nature. Others, such […]
Editor’s note: This article is part of an ongoing WPR series on the impact of falling oil and commodities prices on resource-exporting countries. Recently elected Canadian Prime Minister Justin Trudeau announced that his government is ready to use fiscal stimulus in order to boost Canada’s economy, which continues to suffer from the ongoing decline in commodities prices. In an email interview, Donald Drummond, an adjunct professor and Stauffer-Dunning fellow at Queen’s University, discussed Canada’s economy and the impact of the commodities bust. WPR: How important are commodities for Canada’s economy, and what impact have falling commodities prices had on jobs, […]
The energy world has been abuzz since Mauricio Macri won a surprise victory in Argentina’s presidential elections on Nov. 22. The former mayor of Buenos Aires’ pro-business platform has raised expectations at home and abroad among investors and analysts anxious for change. Argentina has the potential to be both a regional and global energy leader, but after 12 years of Kirchnerismo, Macri has a long road ahead. Still, the prospects for an economic and energy turnaround have never been brighter, and Argentina’s energy sector has the potential to become a significant driver of future economic growth. Macri, who was sworn […]
Editor’s note: This article is part of an ongoing WPR series on the impact of falling oil and commodities prices on resource-exporting countries. According to a recent report in the Financial Times, certain regions of Australia have been hard hit by the commodities bust and declining Chinese demand. In an email interview, David Meredith, an associate member of the history faculty at the University of Oxford, discussed Australia’s economy and the role commodities play. WPR: How important are commodities for Australia’s economy, and what effect have falling commodity prices had on Australia’s economic growth? David Meredith: Although Australia has other […]
In the years leading up to the Iran nuclear deal, Iran and China found their interests at times aligning and at others diverging. Since the late 1990s, China had reduced its defense ties with Iran under U.S. pressure. At the same time, espousing a discourse of peace and cooperation, Beijing did not want the West to go to war with Iran. Moreover, Tehran’s perseverance in the face of Western efforts to isolate Iran was a counterbalancing force against U.S. hegemony in the Middle East, which suited China’s strategic interests. However, the conflict with Iran over its nuclear program also indirectly […]
Across Africa, there is renewed interest in strengthening infrastructure. In November, the African Development Bank held its “first-ever Programme for Infrastructure Development in Africa Week” in Abidjan, the economic capital of Cote d’Ivoire. The conference emphasized infrastructure, especially transportation and communications, on the continent. Infrastructure development is important not just to economies, but also to politics. In Africa’s two most populous countries, Nigeria and Ethiopia, the politics of infrastructure look very different, but the stakes are equally high for ruling parties. In Nigeria, questions of infrastructure relate to core dilemmas in Nigerian politics and policy. Since returning to civilian rule […]
World leaders are convening in Paris this week for COP21, the 2015 U.N. Climate Change Conference, in hopes of reaching an agreement on how to slow global warming. Although momentum toward clean energy and reduced greenhouse gas emissions has increased around the world, a real shift will require more coordination, better-enforced legal frameworks and a renewed focus on innovation. All of the articles linked below are free for nonsubscribers until Dec. 17. What’s at Stake in Paris? In Climate Talks, as in Syria, Half-Measures Must Do for France’s HollandeFrom managing security measures following the Paris attacks of Nov. 13 to […]
The military alliance with the United States has been a cornerstone of Australia’s strategic and defense policy since World War II. Recently, however, signs have emerged that Australia might more carefully weigh its options when it comes to dealing with China, the rising great power in Asia and Australia’s most important trading partner. Last month, only days after the U.S. guided-missile destroyer USS Lassen sailed within 12 nautical miles of an artificial island near Subic Reef in the South China Sea, which is claimed by China, two Australian Anzac class frigates conducted a live-fire exercise with Chinese warships. Moreover, a […]