Global Shipping Crisis Far Worse Than Imagined

Global Shipping Crisis Far Worse Than Imagined

Over the past decades world ocean trade has expanded almost exponentially as major manufacturing outsourcing from USA and European corporations has blossomed under the advent of economic globalization. The result has been that Asia, most especially China, has become the essential manufacturing source for everything from iPhones to antibiotics and everything in-between. The creation of…

Rare Earth Elements: Geopolitical Implications and Challenges for US National Security

Rare Earth Elements: Geopolitical Implications and Challenges for US National Security

Rare Earth Elements (REEs) are 17 elements, ranging from Lanthanum to Lutetium (lanthanides), as well as Yttrium and Scandium which share physical and chemical properties with the lanthanides. REEs have received increasing attention from academics and the media due to their widespread application in modern technology, and due to China’s monopoly on their production and…

Cease Confrontation With China. Concentrate on Trade and Global Development

Cease Confrontation With China. Concentrate on Trade and Global Development

It would be better for the United States and for the world if the Biden administration realised that engagement is preferable to estrangement. On 6 June three U.S. Senators arrived in Taiwan to “meet with senior Taiwan leaders to discuss U.S.-Taiwan relations, regional security, and other significant issues of mutual interest.” It was stated they…

What Will the Strengthening of Cooperation between China and Bangladesh Lead to?

What Will the Strengthening of Cooperation between China and Bangladesh Lead to?

On April 28, 2021, President Abdul Hamid and Colonel General Wei Fenghe, member of the State Council of the People’s Republic of China and Minister of Defense, met in Dhaka, capital city of the People’s Republic of Bangladesh. Representatives of the two states agreed to develop the existing cooperation in the military sphere. Today, China…

The Economic Aspects of a Trade War between Japan and Korea

The Economic Aspects of a Trade War between Japan and Korea

On 4 July 2020, it will be exactly one year since Japan introduced export restrictions on South Korea on three types of chemicals critical for the microelectronics industry: fluorinated polyimide, hydrogen fluoride, and photoresists. South Korea called that step the start of a trade war. We should recall the essence of the issue: Japan highlights…