As the battle against Syrian rebels reaches a new stage, Israel is worried that President Assad might use his vast arsenal of chemical weapons against his own people or neighbors — or perhaps even give some to Hezbollah. Though many experts view this as unlikely, Israel is still weighing whether to strike.
He said after garrison is established, China’s leadership must next set rules on which ships and aircraft from other countries will be allowed to pass through the region’s disputed waters and airspace without being attacked by Chinese military forces.
Luo, who is described by Western media as “hawkish” for his hardline views, also wants the [...]
The Syrian port of Tartus is the only naval base outside of the former Soviet Union still held by the Russian military, and the Russian government has asserted its strategic significance. The port of Tartus holds particular significance to Russia as a defensible position through which to accomplish a political goal.
Russian President Vladimir Putin [...]
As evidence of China’s naval aggressiveness in the western Pacific waters — particularly the East China Sea — the paper pointed to a “record number” of Chinese training exercises near Japanese islands, with at least one exercise involving an unmanned aerial vehicle. Japan also cited several instances when Chinese helicopters flew close to Japanese destroyers. [...]
Speculative bubbles, or market bubbles, have often been seen as the cause of financial crises. But, before we conclude that we should rein in the markets, we need to consider the alternative: that bubbles are actually social epidemics that could arise even in the absence of financial markets.
All over the world people are starting to write about the possibility of a major economic crisis starting this fall.
For example, a recent article in the International Business Times discussed how some economists around the globe are fearing the worst for the coming months….
The consensus? [...]
The Philippines will accept bids from oil and gas companies today to explore offshore areas claimed by China, risking renewed clashes as nations spurn joint development of energy resources in disputed waters.
The Philippines, which along with Vietnam rejects China’s so-called nine-dash map of the South China Sea as a basis for joint development, insists [...]
Japan on Tuesday flagged the Chinese army’s growing role in shaping the country’s foreign policy as a security risk, saying a sense of caution exists across East Asia about Beijing’s apparent military expansion in the region.
In its annual defense white paper, Tokyo said some believe that relations between the People’s Liberation Army (PLA) and [...]
Over the past couple of years, Europe has muddled through a long series of crunch moments in its debt crisis, but this September is shaping up as a “make-or-break” month as policymakers run desperately short of options to save the common currency.
Crisis or no crisis, many European policymakers will take their summer holidays in [...]
At another level, Beijing’s moves last week seem to confirm the fears of some who worried about how China would act once it became strong enough to challenge other states in Asia. Would economic growth, military strength and political influence lead to a China more confident in its standing and therefore more willing to submit [...]