Despite fist fights and smoke bombs within the parliament building as well as protests outside the Supreme Rada, Ukrainian legislators yesterday ratified the controversial Russian-Ukraine base-for-gas agreement. According to the deal’s provisions, in exchange for Moscow accepting lower prices for Ukraine’s gas purchases, the Russian Navy can remain at its Sevastopol base in the Crimea for another 25 years after the current lease expires in 2017. Ukrainian protesters attacked the new government under President Viktor Yanukovych for allegedly “trading sovereignty for gas.” While the precise amount of revenues that Russia will forego by subsidizing gas sales to Ukraine will depend [...]
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Indian External Affairs Minister S.M. Krishna returned from Beijing this month with bombshell news. Krishna said Chinese authorities had finally admitted what the Indian government had long suspected: Beijing is building a massive, power-generating dam on China’s Tsang Po river, which also runs through India — where it is known as the Brahmaputra — and Bangladesh. Amid protests, Krishna reassured the public. “We have an expert-level mechanism to address the issue,” the minister said during a meeting of parliament, according to press reports. “A meeting of experts from both India and China is scheduled to take place between April 26-29 [...]
The most likely source of political and social unrest in the Middle East over the next 20 years is not warfare or military coups — it’s water. Military threats get all the press, but water is the real game-changer. It is no secret that the Middle East is water-starved. Of the 15 most water-poor countries in the world, 10 are in the Middle East. When King Abdul Aziz ibn Saud first brought geologists to the Kingdom of Saudi Arabia, they were there to look for water, not oil. What they found changed the kingdom, and changed the region. Over the [...]