Sri Lanka is discussing with China to amend the terms and conditions of the USD 1.5 billion currency swap deal with Beijing so that it can be used for imports amidst an unprecedented economic crisis in this island nation, a media report said on Thursday. According to the terms and […]
Washington Worries China Is Winning Over Thailand
Bangkok has grown tired of Washington’s chiding over democratic backsliding and human rights abuses, highlighted by coup attempts in 2006 and 2014, the second of which temporarily led the United States to suspend military aid and put current Thai Prime Minister Prayuth Chan-ocha in power. Some in Washington (and inside […]
U.S. Restraint Has Created an Unstable and Dangerous World
However, restraint was not reciprocated. As the United States reduced its defense spending to the lowest share of GDP since 1940, Russia and China embarked on the largest military modernization and expansion programs their countries had seen in generations. They bullied their neighbors (or in Russia’s case, attacked and occupied […]
WTO Clinches Deal Aimed at Reducing Global Overfishing
Santiago Wills, who chaired the negotiations and serves as Colombia’s ambassador to the WTO, hailed the agreement on Twitter Friday as a “great contribution to Ocean sustainability, fisheries, and the livelihoods of millions of people.” Members of the World Trade Organization (WTO) had been negotiating the deal for more than […]
‘The Lazarus Heist’ Is the Gripping Story of North Korean Cybercrime
Much of White’s book draws from information already in the public domain, but his compelling narrative highlights the trail of accomplices and victims that North Korea leaves behind. U.S. law enforcement continues efforts to prosecute North Korean hackers—an admirable goal but extremely unlikely to happen—including the three North Koreans listed […]