Foreign Affairs Weekend Read
"The Axis of Upheaval-How America's adversaries are uniting to overturn The Global Order."
Views expressed in this geopolitical analysis are those of the reporters and correspondents. Accessed on 18 May 2024, 2332 UTC.
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Russ Roberts (https://trendsingeopolitics.blogspot.com).
May 18, 2024 | View in Browser
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This week, Chinese President Xi Jinping welcomed Russian President Vladimir Putin in Beijing, where the two leaders showcased both the closeness of their personal relationship and the growing economic and political ties between their two countries. Xi and Putin also pledged to deepen their military cooperation—and condemned the United States for pursuing what they described as “confrontational policies.”
China, Russia, Iran, and North Korea are cooperating to weaken the United States and dismantle the current U.S.-led world order, warn Andrea Kendall-Taylor and Richard Fontaine. If Washington wants to counter this increasingly coordinated group, it cannot treat each threat as an isolated phenomenon. “This is a group bent on upheaval,” they write, “and the United States and its partners must treat the axis as the generational challenge it is.”
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In March 2023, turmoil in the U.S. banking sector sent a shock wave through the global financial system. Triggered by sizable deposit outflows, this event raised concerns about the soundness of the rest of the U.S. banking sector. This note analyzes the main attributes of the affected banks to assess the extent to which vulnerabilities persist and prospectively evaluates the medium-term risks.
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Welcome to my geopolitics blog site. This is a Hawaii Island news site focusing on geopolitical news, analysis, information, and commentary. I will cite a variety of sources, ranging from all sides of the political spectrum.