The Guardian (May 20)
“The balance of global power is shifting fast, but Britain is stuck in the same old Brexit rut. Without a reckoning about the epic strategic error of leaving the EU, there is no serious debate about the country’s future place in the world.” The nation’s “capacity to influence global events was diminished, not boosted, by leaving the EU….The road to control leads back to Europe.”
Tags: Balance, Boosted, Brexit rut, Britain, Control, Debate, Diminished, EU, Future, Global events, Global power, Influence, Reckoning, Shifting, Strategic error
South China Morning Post (April 20)
A “Hormuz moment” might signal the “decline of US dominance.” Citic Securities analysts are comparing the unfolding situation in Iran to the “Suez moment,” when Great Britain “lost control of the Suez Canal along with its global superpower status.” On Saturday, the analysts wrote “that a similarly consequential ‘Hormuz moment’ could be a watershed for America’s global supremacy.” In fact, Citic posits “the global order may have already undergone subtle but significant changes.”
Tags: Analysts, Citic Securities, Consequential, Control, Decline, Dominance, Hormuz moment, Iran, Suez Canal, Superpower status, Supremacy, U.S., UK, Unfolding, Watershed
OilPrice.com (January 12)
“Regardless of how investable Venezuela will be in the future, the U.S. control over its oil industry would change the power balance in the oil markets, giving the U.S. more sway in longer-term supply. This would leave OPEC and the wider OPEC+ group including Russia and Kazakhstan with potentially diminished clout in influencing the oil market balances and prices.”
Tags: Clout, Control, Diminished, Future, Investable, Kazakhstan, Market balance, Oil industry, OPEC, Power balance, Prices, Russia, Supply, U.S., Venezuela
The Guardian (November 19)
“The Home Office has announced another set of measures designed to signal ever more ferocious intent to control the nation’s borders.” This is a mistake, apparently to appease “the irate chorus that fulminates against perceived inundation by foreigners.” It overlooks the reality of declining migration and logical outcomes. “With migration patterns simply following the current [downward] trajectory,” undesirable consequences need to be addressed. Who will provide social care when the already “struggling sector” is facing “a mounting recruitment crisis”? Without students from overseas, “many universities… will be pushed over the brink.” On top of it all, the contracting ratio of working-age adults will make growth ”harder to achieve” and decrease “Treasury revenues… with painful fiscal consequences.”
Tags: Borders, Consequences, Control, Ferocious, Foreigners, Home Office, Migration, Overseas, Recruitment crisis, Revenues, Social care, Students, Treasury, Universities, Working-age
The Economist (October 2)
Donald Trump has remade, rather than destroyed, American financial diplomacy. He has refashioned it “in his image. It is now nakedly self-interested. Money flows to ideological allies, to leaders who control something he covets and to countries he hopes to lure away from China. In the long run, spending on these goals may outpace what was once allocated to poverty alleviation.”
Tags: China, Control, Covets, Destroyed, Financial diplomacy, Ideological allies, Leaders, Lure, Money, Outpace, Poverty alleviation, Remade, Self-interested, Spending, Trump, U.S.
Washington Post (March 1)
President Trump’s “gambit to take control of Ukraine’s deposits of lithium, graphite, cobalt, rare metals and so forth — after calling for buying Greenland and taking over Canada, in part to nab their vast troves of critical minerals — suggests that he is fashioning a 19th-century strategy to work in the 21st.” While he may like this strategy, “holding a gun” to other nations “seems unwise if the United States wants to avoid becoming an international pariah and pushing erstwhile allies into the arms of its adversaries.”
Tags: 19th-century strategy, Adversaries, Allies, Canada, Cobalt, Control, Deposits, Gambit, Graphite, Greenland, International pariah, Lithium, Minerals, Rare metals, Trump, U.S., Ukraine
The Week (November 11)
“For decades The Antarctic Treaty was ‘widely regarded as a model of effective global co-operation.’” The model, which froze territorial claims, now appears to be collapsing “as China, Russia, and other emerging nations threaten a new scramble for control of the resource-rich continent.”
Tags: Antarctic Treaty, China, Collapsing, Control, Effective, Emerging nations, Global co-operation, Resource-rich continent, Russia, Territorial claims, Threaten
New York Times (April 21)
“The mundanity of the courtroom has all but swallowed Donald Trump, who for decades has sought to project an image of bigness and a sense of power…. For the next six weeks, a man who values control and tries to shape environments and outcomes to his will is in control of very little.”
Tags: Bigness, Control, Courtroom, Environments, Mundanity, Outcomes, Power, Project, Shape, Swallowed, Trump
Euromoney (November 29)
“The travails of Zhongzhi, a key player in China’s poorly regulated $3 trillion shadow financing market, underline why a future crisis in the country is more likely, not less.” The government “continues to let problems mount perilously before stepping in… and to kick cans down roads in the hope that unsteady local banks will resolve bad-debt woes or find their own way out of insolvency…. Eventually, one of these financial mini-crises will mutate into a real monster. One that it cannot control.”
Tags: $3 trillion, Bad-debt woes, Banks, China, Control, Crisis, Government, https://www.euromoney.com/article/2cile3c8qd50c9ovnnrwg/opinion/zhongzhi-shows-chinas-fear-of-losing-control Travails, Insolvency, Perilously, Poorly regulated, Shadow financing, Zhongzhi
The Guardian (October 8)
“Sport and politics often mix. But authoritarian regimes are clearly laundering their reputations through control of global games.” On one hand, “the ruthless advance of commercial interests” may seem “like progress,” but “realpolitik can’t be overlooked. Respecting different cultures does not mean abuse is condoned. The lure of the arena ought not excuse a lack of moral responsibility.”
Tags: Abuse, Authoritarian regimes, Commercial interests, Control, Cultures, Global games, Laundering, Politics, Progress, Realpolitik, Reputations, Respect, Ruthless, Sport
