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Search Result for “economic crisis”

Showing 1 - 10 of 20

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OPINION

The deepening political turmoil in South Asia

Oped, Brahma Chellaney, Published on 15/08/2024

» Violent student-led, Islamist-backed protests in Bangladesh have toppled Prime Minister Sheikh Hasina's government, and mob attacks targeting those viewed as supporters of her secular Awami League party -- in particular, the country's dwindling Hindu minority -- are proliferating. At a time when neighbouring Myanmar is engulfed in violence and the Pakistan-Afghanistan belt remains fertile ground for cross-border terrorism, political upheaval in Bangladesh, two years after the overthrow of Sri Lanka's government, is the last thing India, the regional power, needs.

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OPINION

Joe Biden's flawed policy on Myanmar

Oped, Brahma Chellaney, Published on 23/12/2023

» As the Israel-Hamas war rages, the dire humanitarian situation in Gaza is grabbing headlines -- as well it should. But another armed conflict, in Myanmar, is also causing mass suffering, with more than 2 million people internally displaced and over a million more streaming into neighbouring Bangladesh, India and Thailand. And it is attracting far less international attention.

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OPINION

The conflicts of the new world order

Oped, Brahma Chellaney, Published on 14/11/2023

» The crises, conflicts and wars that are currently raging highlight just how profoundly the geopolitical landscape has changed in recent years, as great-power rivalries have again become central to international relations. With the wars in Gaza and Ukraine exacerbating global divisions, an even more profound geopolitical reconfiguration -- including a shift to a new world order -- may well be in the works.

OPINION

Europe's Russia sanctions are a shot in the foot

News, Brahma Chellaney, Published on 19/12/2022

» It seems obvious that sanctions -- an increasingly important tool of Western foreign policy -- should inflict significant pain on the target without exacting unsustainably high costs from the country imposing them. But the European Union's sanctions on Russia -- intended to punish the country for its brutal war of aggression against Ukraine -- do not meet this condition.

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OPINION

Of debt and bondage with Beijing

Oped, Brahma Chellaney, Published on 26/11/2022

» Recently released details of Kenya's 2014 loan agreement with China to finance a controversial railway project have once again highlighted the predatory nature of Chinese lending in developing countries. The contract not only imposed virtually all risk on the borrower (including requiring binding arbitration in China to settle any dispute), but also raised those risks to unmanageable levels (such as by setting an unusually high interest rate). With terms like that, it is no wonder some countries around the world have become ensnared in sovereignty-eroding Chinese debt traps.

OPINION

The dramatic fall of the House of Rajapaksa

News, Brahma Chellaney, Published on 14/07/2022

» For much of nearly two decades, the four Rajapaksa brothers and their sons have run Sri Lanka like a family business -- and a disorderly one, at that. With their grand construction projects and spendthrift ways, they saddled Sri Lanka with unsustainable debts, driving the country into its worst economic crisis since independence. Now, the dynasty has fallen.

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OPINION

A declining America is focusing on the wrong enemy

Oped, Brahma Chellaney, Published on 17/02/2022

» Much of the democratic world would like the United States to remain the pre-eminent global power. But with the US apparently committed to strategic overreach, that outcome risks becoming unlikely.

OPINION

The end of America's China fantasy

News, Brahma Chellaney, Published on 26/10/2018

» A long-overdue shift in America's China policy is under way. After decades of "constructive engagement" -- an approach that has facilitated China's rise, even as the country has violated international rules and norms -- the United States is now seeking active and concrete counter-measures. But is it too late to rein in a country that has emerged, with US help, as America's main geopolitical rival?

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OPINION

The world according to Trump, Xi

News, Brahma Chellaney, Published on 25/05/2018

» The world's leading democracy, the United States, is looking increasingly like the world's biggest and oldest surviving autocracy, China. By pursuing aggressively unilateral policies that flout broad global consensus, President Donald Trump effectively justifies his Chinese counterpart Xi Jinping's longtime defiance of international law, exacerbating already serious risks to the rules-based world order.

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BUSINESS

India faces difficult choice in the Maldives

Asia focus, Brahma Chellaney, Published on 26/02/2018

» The Maldives -- that beautiful Indian Ocean country comprising more than 1,000 coral islands -- is known the world over as a tranquil and luxurious travel destination. But the country is now being roiled by a political crisis so severe that international advisories are cautioning against travel there.