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Japan: Mr. Abe Wins Real Big In Upper House Election, What Next?

Japanese Prime Minister Shinzo Abe has won a majority in the upper house to give him control of both houses of parliament for the first time in six years. He came to power last December promising to get the country out of 20 years of economic recession – stagnation period... Shinzo Abe traveled to Moscow April 29 for a state visit, the first such visit by a Japanese head of state in a decade. In many ways, the recent summit can be seen as not just an important meeting but even as a landmark event in the history of Russo-Japanese relations...

Andrei AKULOV | 24.07.2013


 

A new type of US - China relationship

The single biggest stakeholder in the outcome of the China-United States weekend summit in California was not Japan, but North Korea. It is more than a coincidence that Pyongyang agreed to hold a meeting with Seoul the day after presidents Barack Obama and Xi Jinping wrapped up their talks. The North Koreans saw the writing on the wall when an exuberant Obama described his talks as «terrific» and Xi’s foreign policy advisor Yang Jiechi summed up that the two presidents «blazed a new trail» in the California desert that could be called «strategic, constructive and historic»...

Melkulangara BHADRAKUMAR | 10.06.2013


 

Give North Korea some respect

...Rather than pressurizing North Korea to accede to petulant American demands, Beijing and Moscow should insist that Washington play by the same standard rules for everyone. That means, among other things, Washington making a mutual commitment to withdraw its nuclear forces from the Korean Peninsula and respecting the sovereignty of the DPRK with a full peace treaty. Washington needs to be told that the days of it playing geopolitics-poker in the manner of a Wild West saloon, under its own bent rules, are well and truly over...

Finian CUNNINGHAM | 20.04.2013


 

The reasons for the crisis on the Korean Peninsula

A peaceful co-existence with the Democratic People's Republic of Korea does not figure in America's plans. Rather, they are looking to eliminate the state. This is why there is a predetermined state of permanent conflict on the Korean Peninsula, a cyclical development of the situation from acute crisis to relative «remission» and back again. The actions of the West with regard to North Korea result in a vicious catch-22. Calls to stop the nuclear programme, thereby stopping the violation of the principles of the non-proliferation regime of weapons of mass destruction, are often used to cover up the realisation of a hidden agenda – regime change in North Korea...

Alexander VORONTSOV | 12.04.2013


 

North Korea: Sabre Rattling Escalates to State of War

On March 30 North Korea declared that it is in a «state of war» with South Korea. It warned that any provocation by Seoul and Washington will trigger an all-out nuclear war... Meanwhile, an inter-Korea joint industrial complex, which lies inside North Korea, was operating normally. The Kaesong Industrial Complex, which lies 10 kilometers (six miles) inside North Korea, was built by the South in 2004 as a symbol of cross-border cooperation. Around 53,000 North Koreans work at plants for 120 South Korean firms at the complex, which serves as a crucial source of hard currency for the impoverished state. Using North Korea's cheap labor, the Kaesong complex produced $470 million US worth of goods last year. No military action on the part of North Korea is possible till the facility functions. Perhaps economic advantage it gives will outweigh the predisposition to military solution...

Andrei AKULOV | 03.04.2013


 

Korea: North and South on Verge of War

The tensions on the Korean Peninsula have been escalating these days. A flow of tough rhetoric exchanges is unrelenting, Seoul and Pyongyang promise to wipe each other off from the face of the earth... North Korea is as hostile as it can be, but so far it’s only words. The other side is trying not to lag behind in exerting psychological pressure, but it is also taking practical steps that directly provoke further escalation of the stand-off. The US has taken a decision to deploy additional interceptors in Alaska against the North Korean missiles, for the first time in many years US nuclear capable strategic bombers imitated nuclear strikes against North Korea during the recently held Key Resolve/Foal Eagle exercises – it’s not just rhetoric...

Alexander VORONTSOV | 02.04.2013


 

North Korea Ups Ante (II)

The North Korean nuclear test gives the United States, South Korea and Japan and other countries an argument to justify joining the regional arms race and US ballistic missile defense efforts... North Korea is not the only country whose leadership has come to conclusion that going nuclear is the only way to survive as a sovereign state in the contemporary world where one country after another become victims of unprovoked armed interventions from outside, for instance: Yugoslavia, Afghanistan, Iraq, Libya...

Andrei AKULOV | 22.02.2013


 

North Korea Ups Ante (I)

On February 12 North Korea conducted a successful underground test at the Punggye-ri nuclear site (the north-western part of the country). It was a third test after two failures conducted in strict defiance of UN resolutions. The event is linked to launching a long-range rocket in December 2012. Back then it triggered U.N. sanctions, backed by Russia and China. North Korea described the test as a «preliminary measure» and threatened «stronger» actions unless the US ends its «hostility». The move brings it closer to developing a nuclear warhead small enough to be mounted on a long-range missile and possibly bringing Guam, the Hawaii and even the US West Coast within the striking range...

Andrei AKULOV | 19.02.2013


 

A Bomb in the Year of the Snake

Everything about North Korea has to be speculative. That has been and is still the main problem. But one speculation seems to be ending, finally. It concerns China’s apparent ambivalence about North Korea’s nuclear program. Increasingly, Beijing is coming out on the ‘right side of history’.  Which in turn would unleash a host of profound consequences for the security of the Asia-Pacific and global politics as a whole, and, most important, for the future of what China’s new leader Xi Jinping enigmatically alluded to – but left undefined – as his “two great powers” concept during his visit to the United States last year when he was still a mere ‘princeling’...

Melkulangara BHADRAKUMAR | 14.02.2013


 

North Korea’s Missile Launch: What Does it Mean in Practice?

After several failures, including one this April, North Korea successfully launched a rocket on December 12, 2012 stoking international protests. The Unha-3 (also called Galaxy-3 in the West), which is the same vehicle as its Taepo Dong-2 intercontinental ballistic missile (ICBM), appeared to reach as far as the Philippines, as its first stage appeared to fall into the Yellow Sea and the second stage into the Philippine Sea. It is an apparent success for the country’s new leader, Kim-Jong-un, and a step toward the nation’s goal of mastering the technology needed to build an intercontinental ballistic missile (ICBM)...

Andrei AKULOV | 19.12.2012




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OUR COLUMNIST
    Valentin KATASONOV

Currency Swaps in the Modern World. The Birth of the Global Currency Cartel (II)

Before 2011, unlimited swaps between central banks were open for a period of seven days. In the autumn of 2011, however, the US FRS, the European Central Bank (ECB), the Bank of Japan, the Bank of England, the Bank of Switzerland and the Bank of Canada (the ‘big six’) agreed to coordinate actions to ensure the liquidity of the global financial system... Currency wars are not going anywhere; they are just ceasing to exist within the currency pool of the ‘big six’, while new currency wars between the ‘big six’ and the rest of the world are inevitable. The success of BRICS and other countries on the periphery of global capitalism in building a fair global financial order will, to a large extent, depend on the understanding that the West has already been consolidated and has distanced itself from the rest of the world...

01.10.2014
 
 
 
 
 
 
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