In fact, the opposite is true: Putin’s appalling aggression must leave Russia thoroughly chastened on the world stage. Those arguing against humiliating Russia typically point primarily to the aftermath of World War I. If anything, its sense of humiliation should have been far greater than after World War I. Japan, too, renounced imperialism and militarism after its surrender in World War II. Was the West at fault for not providing more support to Boris Yeltsin’s Russia?
Midterm elections take place in the United States every four years, halfway into a president’s term and two years before the next presidential election. The Taiwan Policy Act, which would upgrade bilateral ties in ways sure to provoke China and provide Taiwan with greater military assistance, could be revived by the new Congress. Trade is another area in which policy will remain largely unchanged, since there’s little support from either party for new initiatives. While the Democrats exceeded expectations, questions within the party remain as to whether Biden should seek a second term in 2024. US foreign policy will remain mostly on familiar terrain for the next two years, until the presidential election.15 days ago ASPI Strategist
The breakdown of relations among this foursome is a large part of the reason why energy prices are soaring. Russia has unilaterally cut exports of gas to Europe, while the US and Europe, along with much of the advanced world, are imposing economic sanctions that affect Russia’s energy exports. Until the China boom came along in the early 2000s, it was often said that Australia’s terms of trade was destined for a long-term decline. It’s too soon to say definitively that the China boom is over, but it looks entirely possible, as the property boom that fuelled its meteoric growth deflates. Geopolitics may keep energy prices higher for longer, but there would be a hangover and some very hard decisions if the Chinese punchbowl were whisked away.29 days ago ASPI Strategist
As one of Australia’s most experienced past defence ministers, Kim Beazley has strategic issues still front of mind. The rare earths comprise 17 elements that can dramatically enhance the magnetic properties, luminescence, catalytic characteristics and strength of metal components. Rare earths are not necessarily rare, but they are considered to exist in concentrations too low to be mined economically. Beazley says vast amounts are already being mined in Australia, but processing here is limited so far. That can be done in cooperation with Japan, which has the technical capacity to process rare earths, and with the US, he says.29 days ago ASPI Strategist
Notably, Japan has instituted a cabinet-level economic security minister to oversee its economic security strategy—something Australia should also seriously consider. Cyber security, space security and an emphasis on countering environmental security issues brought about by climate change will be additional features on the joint agenda for cooperation. They will affirm their support for economic institutions such as the Regional Comprehensive Economic Partnership and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, and for engagement with the US-led Indo-Pacific Economic Framework for Prosperity. Australia and Japan crafted a joint strategy for cooperation in the South Pacific in 2016 to coordinate their approaches to development aid and capacity-building in the region. The new declaration will further establish the Australia–Japan strategic partnership as a major platform in both countries’ strategic responses to the deteriorating security environment in the Indo-Pacific.1 month ago ASPI Strategist
This power struggle may change Pakistan’s political paradigm. After some of the coalition members of Khan’s Pakistan Tehreek-e-Insaf party defected to the opposition, Khan lost his majority. The latest political upheaval besetting Pakistan comes against the backdrop of deep-seated conditions of instability. Pakistan’s founding father, Muhammad Ali Jinnah, had intended Sunni Islam and the Westminster system of governance to define Pakistan’s national identity and cohesion, but that was not to be. However, the military’s privileged entrenchment in and control of Pakistan are now challenged by Khan with unsurpassed popularity.29 days ago ASPI's The Strategist