China’s restriction of global access to its deposits of rare earth elements starting in 2010 changed the status of these materials in the global economy, creating new diplomatic alliances across Asia and increasing the importance of mining in trade agreements. A series of trade agreements in Central and Southeast Asia, announced over the past month, reveal the ways manufacturers and mining conglomerates are coping with potential shortages two years after China’s rare earth consolidation. Nevertheless, difficulties inherent to extraction and processing mean that delays will hamper access to new sources of rare earth supplies even when supported by strong investments. […]
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During last week’s presidential debate on foreign policy, Republican nominee Mitt Romney missed an opportunity to criticize one aspect of President Barack Obama’s foreign policy that has gone largely unnoticed: the shift away from U.S. international radio broadcasting in favor of more high-tech media outlets. The dangers of the shift were underscored by a new law spearheaded by Russian President Vladimir Putin that will ban radio broadcasting in Russia starting Nov. 10 by companies that are more than 48 percent foreign-owned. Without protest, the American station Radio Liberty — Radio Svoboda in Russian — has decided to comply with the […]