Despite being in the midst of its rainy season, Panama is experiencing one of its driest periods on record. The lack of rainfall means that the Panama Canal—a vital conduit for global maritime trade—is facing severe challenges, with the implications extending beyond Panama’s borders to affect international trade and global supply chains.
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Earlier this year, the global economy experienced an important milestone that, though it went largely unnoticed, scholars may look back on as a marker of the beginning of a new era, with economic but also geopolitical significance: For the first four months of 2023, Mexico surpassed China as the top trade partner of the United States.
In the two decades before invading Ukraine, as Russia attempted to project power around the globe, Moscow quietly boosted its military ties and diplomatic engagement in Southeast Asia. Now, however, that influence seems to be dramatically fading, largely cutting Moscow out of a critical region in global politics.
For a political movement whose demise has been predicted so often, social democracy’s survival has at times seemed to defy logic. But recent electoral successes of center-left parties in Germany and Spain along with the Labour Party’s resurgence in the U.K. indicate that reports of social democracy’s death might be exaggerated.
With less than a year to go until South Africa’s next national election, several opposition parties have joined forces, hammering out a preelection coalition agreement in an attempt to unseat the ruling ANC. But despite the ANC’s slipping popularity, the opposition has struggled to make significant inroads into its electoral majority.
In 2021, Xi Jinping called for “Common Prosperity” as a new key goal of Chinese-style modernization. Observers speculated he was launching a populist, left-wing agenda that would spread wealth in China more equitably. But Common Prosperity was never intended to be a Robin Hood-like intervention to take from the rich to help the poor.
Last week, Armenia held joint military exercises with U.S. troops for the first time. Remarkable in and of themselves, the exercises were even more noteworthy because they followed a series of other recent developments that have underscored the degree to which Armenia’s relations with Russia have deteriorated in recent years.
Amid the fanfare surrounding BRICS’ expansion last month, the longstanding tensions between Egypt and Ethiopia over the latter’s mega-dam project on the Nile went largely unnoticed. In offering both countries membership, BRICS has absorbed a complex regional conflict, raising questions over its potential to shape global affairs.
Brazilian President Luiz Inacio Lula da Silva used the recent G-20 Summit to announce that his key focus for Brazil’s G-20 presidency, which begins in December, will be ending global hunger by 2030. Unfortunately, Lula’s other comments at the summit ensured that nobody paid attention to or cared about his agenda for the coming year.
For the current GOP candidates, calls for the U.S. to invade Mexico have the twin benefits of making them look tough while also potentially appealing to Republican voters in the Trump faction. But these calls also betray three sad truths about U.S. foreign policy generally, and Republican foreign policy in particular.
The first Africa Climate Summit concluded with significant momentum for the continent’s approach to climate diplomacy. For many observers, though, these achievements were overshadowed by concerns over the endorsement of market-based schemes like carbon credits as a way out of the continent’s climate finance quandary.