Category Archives: Analysis

Preview: Foreign Affairs Magazine- SEPT/OCT 2023

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Foreign Affairs – September/October 2023: The issue features ‘The Desperation of the Dictators’; Why America and China Will Be Enduring Rivals; What It Will Take to Break Putinism’s Grip; Xi’s Age of Stagnation – The Great Walling-Off of China, and more…

Delusions of Détente

Why America and China Will Be Enduring Rivals

By Michael Beckley

With U.S.-Chinese relations worse than they have been in over 50 years, an old fairy tale has resurfaced: if only the United States would talk more to China and accommodate its rise, the two countries could live in peace. The story goes that with ample summitry, Washington could recognize Beijing’s redlines and restore crisis hotlines and cultural exchanges. Over time and through myriad points of face-to-face contact—in other words, reengagement—the two countries could settle into peaceful, if still competitive, coexistence.

The End of the Russian Idea

What It Will Take to Break Putinism’s Grip

By Andrei Kolesnikov

In June 17, 2023, Russian President Vladimir Putin staged a special ceremony on the St. Petersburg waterfront to mark the anniversary of three flags: the flag of the Russian Federation, otherwise known as Peter the Great’s tricolor, formally unfurled in 1693; the imperial Russian flag, introduced by Tsar Alexander II in 1858; and the Red Banner, the Soviet Union’s hammer and sickle, adopted by the Soviet state 100 years ago and later used by Joseph Stalin. Putin watched the event from a boat as the National Philharmonic and the St. Petersburg State Choir performed the national anthem, which, thanks to a law Putin enacted in 2000, has the same melody as its Stalin-era counterpart. 

Opinion: Germany Falters In EU, China’s Bitter Youth, Language Lessens With AI

‘Editor’s Picks’ Podcast (August 21, 2023) Three essential articles read aloud from the latest issue of The Economist. This week,  is Germany once again the sick man of Europe? Also, China’s disillusioned youth  (10:50) and why AI could make it less necessary to learn foreign languages (17:35).

Military Analysis: Russia’s Vast Minefields In Ukraine

Wall Street Journal (August 21, 2023) – Ukraine’s push to retake territory back from Russia has been slow, as its forces face a deadly problem: landmines. Russian troops spent months fortifying the 900 mile-long front line with anti-tank ditches, concrete obstacles, trenches and minefields.

Video timeline: 0:00 Tanks being destroyed with mines 0:46 Mined territory 1:36 How Russia mines the territory 2:32 How Ukraine adapts

How is the Ukrainian military adapting to account for these mines? WSJ explains how Moscow created one of the largest minefields in the world in the occupied regions and what it means for Kyiv’s counteroffensive.

Opinion: China’s Youth Has Sacrificed Freedoms, Now Learn To “Eat Bitterness”

For generations, the Chinese Communist Party has held on to power partly through an implicit bargain with its citizenry: Sacrifice your freedoms, and in exchange, we’ll guarantee ever-rising living standards.
That deal has not held up for today’s youths.
Opinion | Ignatius, Summers, Rampell, more discuss China's economy in  turmoil - The Washington Post

Until quite recently, China’s young people seemed poised to take on the world — and many of them appeared to believe they would. They’ve shown a streak of hyper-nationalism, stoked by the country’s leadership and reinforced by China’s growing economic and geopolitical strength.

China’s Gen Z came of age, after all, in the wake of the country’s accession to the World Trade Organization and amid a rapid rise in incomes.

President Xi Jinping has said young people must learn to “eat bitterness” (an idiom that roughly means to toughen up by enduring hardship). Today’s youths, leaders say, are not too good for manual labor or moving to the countryside — experiences Xi and his generation once had to endure.

China’s resilience after the financial crisis, particularly relative to the sluggish recovery across most of the West, suggested China and its citizens had nowhere to go but up. Political dysfunction in many of those same Western democracies, expertly exploited by Chinese propaganda, reinforced this perception.

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Review: Taiwan’s Strategy To Repel Chinese Invasion

Wall Street Journal (August 15, 2023) – For decades, Taiwan has looked to its east coast as a safe haven to survive a Chinese invasion until allies, particularly the U.S., can arrive to assist.

Video timeline: 0:00 Taiwan’s current strategy 1:38 The problem 4:15 Taiwan’s reliance on allies

In the east, Taiwan’s rugged mountain terrain also helps create a natural shield in the event of an attack. But China’s PLA activity on the island’s east has thrown that strategy into question. WSJ takes a look at how serious China’s threats to Taiwan’s east coast are and explores whether the island needs to change its defense strategy.

Analysis: How Airbnb Is Rattling Housing Markets

CNBC International (August 15, 2023) – In the Italian city of Venice, the number of beds dedicated to tourists is now almost on par with the number of beds allocated to residents.

An electronic counter installed by activists in the city tracking this number illustrates the ever-growing demand for short-term rentals, popularized by the home-sharing platform Airbnb, which is now as popular as hotels. The short-term rental market is projected to be worth $228.9 billion in 2030, boosted by the rise of commercial operators.

But as the housing crisis deepens worldwide due to land and labor shortages, residents are questioning the impact of Airbnbs and second homes locally. “We have more than 7,000 apartments involved in this kind of system of short-term tourist rentals.

And now it’s very difficult for a young guy or a new family to find an affordable house to rent,” Dario Nardella, Florence city mayor, told CNBC. So what is the economic impact of Airbnb and short-term rentals? And can restrictions ease the crisis? Watch the video to find out.

#CNBC #Airbnb #Housingmarket

Opinion: The Biden China Strategy, Saudi Arabia’s Sports Push, Green EV’s?

‘Editor’s Picks’ Podcast (August 14, 2023) Three essential articles read aloud from the latest issue of The Economist. This week, why Biden’s China strategy isn’t working, Saudi Arabia’s plan to dominate global sport (10:20) and how green is your electric vehicle, really? (17:55).

War Analysis: How Ukraine Sank The Moskva – Russia’s Flagship Missile Cruiser

‘Editor’s Picks’ Podcast (1843 magazine August 7, 2023): A special edition of Editor’s Picks from The Economist’s summer double issue. This week, we take a deep dive into how Ukraine’s virtually non-existent navy sank the Moskva, Russia’s flagship in the Black Sea.

How Ukraine’s virtually non-existent navy sank Russia’s flagship

The Moskva was the most advanced vessel in the Black Sea. But the Ukrainians had a secret weapon, reports Wendell Steavenson with Marta Rodionova

Ukraine War: Importance Of ‘155 Artillery Shells’

Insider Business (August 6, 2023) – The US has sent Ukraine millions of 155mm rounds since the war started, including cluster bombs. But there’s a global shortage of 155 shells, and some are afraid that the US is depleting its stockpile. We visited the Scranton Ammunition Plant to see how common shells are made.

Video timeline: 0:00 Intro 0:52 Why 155s are so important in Ukraine 2:40 How 155mm shells are made 4:20 History of 155mm shells 4:53 Other expensive weapons NATO has sent Ukraine 5:51 How America is sending cluster bombs during shortage

Opinion: Burdens Of CEOs, Weather Guesses, The Gen Z Guerrillas Of Myanmar

‘Editor’s Picks’ Podcast (July 31, 2023) Three essential articles read aloud from the latest issue of The Economist. This week:  what to do about overstretched CEOs, how to better predict the weather (9:00) and we meet Myanmar’s Gen Z guerrillas (15:00).