Central Asia

Daily Memo: China Tackles Energy Costs, Taliban Go to Moscow

Beijing versus energy prices. Shortly after coal and oil futures in China reached all-time highs on Tuesday, the government began signaling that a series of interventions are forthcoming, quickly reversing the trend. Among other moves, regulators are lifting coal output quotas, giving coal shipments priority in ports and on railroads, and pledging to crack down […]

Daily Memo: China’s Power Crunch, EU Relief Measures

China’s power crisis. Beijing is moving to liberalize electricity pricing in the country, while also surging imports of both coal and natural gas (including,...

Explanations for the Labor Shortage

The current breakdown of the global supply chain threatens to change the future of the world. If this worsens, the fabric of the global...

Daily Memo: The ‘Taiwan Agreement,’ Russian Gas Games

Agreeing to disagree. U.S. President Joe Biden and Chinese President Xi Jinping spoke Tuesday and, according to Biden, agreed to preserve the "Taiwan agreement,"...

Daily Memo: Pyongyang and Seoul Talking Again, Algeria Recalls Ambassador to France

Call me maybe? North Korea has reopened a crisis hotline with Seoul, again. The hotline, which Pyongyang last restored in July in what was...

Daily Memo: China’s Blackouts, Japan’s Defense

China’s grid. China's electricity crunch seems to be getting worse. Rolling blackouts have reportedly begun in several major cities, including Beijing and Shanghai. The...

Daily Memo: German Election Results, Supply Chain Snags

German elections. Germany’s Social Democratic Party won the most seats in Sunday’s national elections, narrowly beating Chancellor Angela Merkel’s Christian Democratic Union. Both parties...

Daily Memo: US, UK, Australia Forge New Security Pact

Joining forces. British, Australian and U.S. leaders announced a new security partnership for the Indo-Pacific on Wednesday. The trilateral ā€œAUKUSā€ program will focus on...

Daily Memo: More Missile Tests

Follow-up North Korean missile tests. North Korea followed up its cruise missile tests over the weekend with a test of something more familiar: short-range...

Daily Memo: China’s Recovery, No Chips and Surprise Trips

China’s economy sputters. A data dump coming Wednesday is expected to show slumps in several Chinese economic indicators in August, including industrial production and...

On Geoeconomics

Last week, I spoke and moderated at several conferences in person – a rare thing since the pandemic began – whose topics ranged from...

Daily Memo: Missile Tests and Lots of Bilateral Talks

Korean missile tests. South Korea reportedly conducted a successful test of a new submarine-launched ballistic missile late last week. It’s a major leap in...

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