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...increasingly China-centric Asian supply chain. Nor has the developing world become more self-sufficient. While pan-Asian trade has increased significantly since the late 1990s, much of the trade is driven by demand for commodities and components to feed China's factories - which in turn rely heavily upon the U.S. as the consumer of last resort. Heightened geopolitical tensions could compound the risks in the markets. The rapidly escalating conflict in the Middle East, along with the North Korean missile crisis and another terrorist attack in India, has already led to a ratcheting up of oil prices. Higher...
...time away from the many opportunities was too difficult, and the personal choice I made to live a jam-packed life has ultimately been fulfilling.Nevertheless, I haven’t been able to ignore the message that Lewis, some professors, and even peers have spent years trying to impress upon me. Last week, a casual breakfast with a resident tutor turned into an unofficial advising session. I mentioned I was shying away from writing a thesis due to a heavy load of extracurriculars, courses, a fall internship, and job searching. “I need to slow down...
...Sunday the war came to Tyre; most of the city's population, upon hearing the news that Hizballah rockets had struck the Israeli port city of Haifa, 18 miles south of the border, sought refuge in the basements of apartment blocks. "It was terrifying," says Mohammed Awayni, 23. "We spent all day in the basement. We could hear the explosions shaking the buildings...
...Jong Il to abandon his nuclear aspirations, either with offers of economic aid or threats of economic sanctions, have been unsuccessful?and officials in Washington and Tokyo have often expressed frustration that China hasn't used its considerable leverage to force concessions from Pyongyang. North Korea depends heavily upon China, its largest trading partner and strongest ally, to keep its sick economy on life support. China supplies about half of the $1.8 billion in aid the regime receives annually, including virtually...
...that four years after anti-Muslim riots killed more than 2,000 in the state of Gujarat, there have been few convictions. Police raids, detentions and the oft-reported abuses that occur under such detentions only add to their sense of being unfairly targeted. "Perceived injustice is the bedrock upon which all terrorist groups are based," says Bhatt. "We need justice for the crimes of Gujarat. Good government means hitting the violence head on, no matter who is behind it." But Ajai Sahni, director of the New Delhi-based Institute for Conflict Management, cautions that it's a big step...