What changed? An innovation in oil-field technology, which peak-oil theory didn’t anticipate. Energy companies combined hydraulic fracturing and horizontal drilling to wring oil out of super-tight rock formations in North America. The industry figured out that pumping chemically slickened water and sand into shales could create thousands of fractures, each one a tiny path for [...]
Police are prepared to use escalating levels of force to dislodge tens of thousands of pro-democracy protestors from the central business district of Hong Kong, says the son of a former senior official.
Bao Pu, who has lived in Hong Kong since his father was deposed from power during the Tiananmen protests of 1989, said [...]
The UK and US economies may be on the mend at last, but that’s not the pattern elsewhere. On a global level, growth is being steadily drowned under a rising tide of debt, threatening renewed financial crisis, a continued squeeze to living standards, and eventual mass default.
I exaggerate only a little in depicting this [...]
Those days are now consigned to what might have been. Putin began turning away from his new friends as early as 2003, and accelerated the retreat as his third term in the Kremlin got under way in 2012. He cracked down on dissidents, curbed economic freedoms and, this year, fomented the rebellion in eastern Ukraine.
But in order to achieve this goal of a soft, liberated citizenry, the left will have to dominate and to control more of society—a tendency that is already in evidence, Williamson argued.
“At some point we’re going to have to really face in a very difficult way that we’re dealing with a really naked, aggressive [...]
Moscow needs a strong defensive force because it sees hostile actions by NATO, an organization rooted in the past that never ceased to see Russia as an enemy, Lavrov said.
“Look how quickly NATO switched to confrontation over the Ukraine crisis and started hurling serious, yet completely unfounded, and biased accusations at us. They immediately [...]
“Can people in Riga sleep peacefully at night?”
“No one in Riga could reply to it in the positive, …”
People in the Baltic states cannot feel secure. Russian President Vladimir Putin has a plan he has been working on for over a decade. So says former adviser to President Putin, Andrey Illarionov.
Giving a [...]
But several U.S. China experts publicly say otherwise, that the U.S. would not and should not intervene. Such talk, taken with other factors, encourages China’s planners to reach the same conclusion. I believe they are wrong, but a major strategic miscalculation is in the making—not because of U.S. capabilities, which are far more than [...]
The rise of the Islamic State, Hamas aggression against Israel, Russia’s revanchism in Eastern Europe and China’s territorial assertion in the Pacific have ended the most recent spell of U.S. isolationist delusion. Disparate in nature, these international crises share common features: exploitation of perceived U.S. weakness and repudiation of an international system [...]
“What is a strongman’s friendship like?” he asked rhetorically on his Facebook page. “It is when your four villas, apartment and hotel are seized in Italy, and your accomplice in the Kremlin immediately introduces a bill to compensate for the losses from the Russian budget.”
Russia and the West are locked in their worst standoff in decades over the Ukraine crisis. Western powers have introduced several sets of sanctions against [...]