The Abe government is looking to expanded defense cooperation with Southeast Asian nations as a way to counter China’s growing assertiveness and military clout in the region.
China’s land reclamation moves in the South China Sea may be cause for reproach, but no one will do a thing about Beijing’s island-building program beyond the huff and puff of objection.
It is not the fear of Islamic State nor the desire to eliminate it that defines the strategies of the main players in the Middle East. Rather it is the fear of how the balance of power will shift after ISIS is eliminated.
Any interest rate hike from the Fed will have a ripple effect in the Indonesian stock market and other emerging markets around the world.
Russia-Vietnam ties that seemed to be cooling after the end of the Cold War are warming up all over again. More than 20 years after Moscow abandoned its largest foreign base, Russian military aircraft are once again welcome visitors at Cam Ranh Bay.
The current political economy of Russia is failing to deliver on long-term growth economic growth.