The Sixth BRICS Summit which ended Wednesday in Fortaleza, Brazil, attracted more attention than any other such gathering in the alliance’s short history, and not just from its own members – Brazil, Russia, India, China and South Africa.
Since the onset of the crisis, the South Centre has argued that policy responses to the crisis by the European Union and the United States has suffered from serious shortcomings that would delay recovery and entail unnecessary losses of income and jobs, and also endanger future growth and stability.
The growing vitality of the group of countries made up of Brazil, Russia, India, China and South Africa (BRICS), which is beginning to formalise its institutions even as it tries to bridge very disparate realities, seems to be partly cemented by increasing links between its companies.
When the 15-member Security Council, the most powerful body at the United Nations, fails to resolve a military conflict, it invariably exercises one of its tried, and mostly failed, options: punish the warring parties by imposing punitive sanctions.
In recent years, Japan has found itself it in a rapidly changing security environment. The global balance of power has shifted and various new threats have emerged within the region, including the development of weapons of mass destruction and ballistic missile systems that may soon be capable of delivering them.
Macau’s gaming boom just keeps on giving. Gambling revenues soared to a new high of 45 billion dollars last year, a whopping 18.6 percent rise over 2012 and the city’s sixth straight year of record earnings.
Japan has functioned under its “peace constitution” for nearly 70 years. The distinctive Article 9, which prevents the country from conducting war as a means of resolving international conflict, is showing its age.
Intense competition during harvest season for a fungus dubbed ‘Himalayan Viagra’ – coveted for its legendary aphrodisiac qualities – has sparked violence in Nepal’s remote western mountains, causing concern among security officials here about the safety of more than 100,000 harvesters.
Amid simmering territorial conflicts across the Western Pacific, specifically between China and its neighbours in the South and East China Seas, coupled with China rising to the rank of top trading partner with Japan, South Korea, Australia and the Association of Southeast Asian Nations (ASEAN), the Obama administration has been hard-pressed to re-assert its strategic footprint in the region.
China’s early-May decision to dispatch the state-of-the-art oil rig, HYSY981,
into Vietnam’s 200-nautical-mile Exclusive Economic Zone (EEZ), has intensified ongoing territorial disputes in the South China Sea, raising fears of uncontrolled military escalation in one of the world’s most important waterways.
In the past 15 years, China has gone from being a relatively insignificant economic partner in Latin America to the number-one trading partner of some of the largest economies in the region.
Aleksander Mizdrakin is convinced he knows who Russia’s future international partners are – and they’re not in Europe, nor is the United States among them.
The United Nations has reached a virtual dead end trying to resolve the civil war in Syria - primarily as a result of the stalemate in peace talks and the continued deadlock in the Security Council.
Democratic governance offers a viable option for developing countries to achieve economic growth and inclusion, yet this doesn’t need to follow the Western model, new research released here this week suggests.
The Congress Party took a beating in India’s recent parliamentary election and has been now been sidelined by the Hindu nationalist Bharatiya Janata Party (Indian People’s Party, or BJP).