South Pacific

Daily Memo: New Disruptions to Chip and Gas Supplies

Trucker strike. Approximately 1,000 South Korean truckers, angry about rising fuel costs, launched a strike in front of Hyundai Motors’ largest factory complex in Ulsan. They said they plan to curb shipments of raw materials for semiconductors that are produced in the city. The strike has totally suspended movement of containers at the Ulsan port […]

Daily Memo: Grain Shipments Still Blocked, Chinese-US Defense Talks

No resolution. Negotiations between Russia and Turkey to unlock Ukrainian grain exports through the Black Sea ended without a breakthrough. The secretary of Ukraine’s...

Daily Memo: Germany Approves New Military Spending, Lavrov Cancels Trip to Serbia

New military spending. Germany’s parliament approved a constitutional amendment that will unlock 100 billion euros ($107 billion) in military spending for the country. Approximately...

The Global Economy Rebounds, Stumbles Again

(click to enlarge) Economic data for the past two years – that is, the majority of the COVID-19 pandemic – has finally been processed and...

Daily Memo: Chinese Industrial Profits Fall, Russia’s Promising Grain Harvest

Downturn. Profits at China’s industrial corporations fell in April by 8.5 percent compared with the same period last year, the sharpest decline in two...

Daily Memo: Quad Leaders’ Summit, Russian Grain Exports

Quad summit. Leaders from the four members of the Quad security grouping – Australia, India, Japan and the United States – said they would...

Daily Memo: Fallout From the Bucha Killings

Fallout from Bucha killings. Ukrainian authorities on Saturday released photos and videos showing corpses lying on the streets of the town of Bucha near...

Daily Memo: Top Diplomats Visit India

Lavrov in India. Russian Foreign Minister Sergey Lavrov will arrive in India on Thursday for a two-day trip. Prior to the visit, India was...

Daily Memo: More Talks on Ukraine, Europe’s Energy Plans

Russia-Ukraine talks. The Russian military said on Monday it would open humanitarian corridors in four Ukrainian cities – Kyiv, Mariupol, Kharkov and Sumy –...

Daily Memo: Reactions to Russia’s Move on Ukraine

Escalation. Early Thursday morning local time, Russian President Vladimir Putin announced a special military operation in Donbass. He said the Russian armed forces would...

New Political Strategies in a New Economic Order

At several debates I’ve attended since the beginning of the year – and in several responses I’ve received from readers – one question is...

The World in 2022

“The farther backward you can look, the farther forward you can see,” Winston Churchill once quipped. Predicating expectations of the future on an understanding...

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