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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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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.
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