The European Parliament has voted to approve the Deforestation Regulation (EUDR), as part of a whole range of proposals, including the new CBAM carbon border tariff. The new rules create new trade barriers and bureaucracy for wood imports, and have angered trading partners in South East Asia. 🌳Deforestation Parliament adopts new regulation to fight climate …
Commenting on the entry into BRICS of Saudi Arabia, an editorial by Al-Monitor, authored by its foreign affairs correspondent Sabena Siddiqui, argues that concerns about the U.S. dollar’s dominance are not justified. She notes: Oil transactions between China and the Gulf may be settled in Chinese currency, but experts do not foresee an end to …
“Concerns about the U.S. dollar’s dominance are not justified” Read More »
In 2013, Malaysia suffered an armed incursion from the Philippines by a group claiming to be the heirs of the Sultan of Sulu, part of the resource-rich Malaysian province of Sabah. Malaysia was able to make an end to it, but as a result, it no longer paid the heirs an annual stipend of $5,300, stemming from a historical obligation …
Dr. Samuel Ramani, a researcher in international relations at Oxford University, RUSI associate fellow and author of “Russia in Africa” discusses whether Saudi Arabia is abandoning the West. In particular, he comments how “Saudi Arabia is set to join the Shanghai Cooperation Organization”, as this means that “the most immediate consequence is tighter cooperation between …
Tighter cooperation emerges between China and Saudi Arabia Read More »