Opinion

World Bank tries to answer CASA-1000 criticisms

  Catherine Putz SPECIAL TO EMIRATES BUSINESS Ahead of the planned May 12 inauguration of the CASA-1000 project, the World Bank, one of the project’s main financiers, published a Q&A to try and provide answers to sustained criticisms of the project. The $1.17 billion CASA-1000 project aims to supply electricity from Kyrgyzstan and Tajikistan to Afghanistan and Pakistan via a ...

Read More »

The new nationalism: ‘Make my country great again’

While speaking with a Chinese journalist recently about the American presidential election, he asked me what the best way was to translate Donald Trump’s election slogan, “Make America Great Again!” The two of us discussed several Chinese wordings that might be a suitable translation of this saying, and I suddenly realized this slogan is actually the exact same as Chinese ...

Read More »

Challenges galore for new Philippines president

  Philippines president-elect Rodrigo Duterte’s pledge to restructure power in favour of the disadvantaged regions in the country looks quite ambitious, as he would need cooperation of political and business classes to realise this noble dream. The president-elect’s new plan to negotiate with China over disputed China South Sea, represents a departure from the Philippines’ traditional politics and will not ...

Read More »

China to plow $11.9bn into civil aviation

  Cal Wong China is preparing to invest RMB 77 billion ($11.9 billion) into domestic aviation infrastructure, with a particular focus on airports in rural areas, said the country’s civil aviation regulator at a State Council executive meeting last week. The announcement suggests this will be a multi-pronged initiative. One of the aims is to build more airports in remote ...

Read More »

TUTAP energy project sparks political infighting in Afghanistan

  Central Asia has no shortage of critical, politically fraught, logistically challenging, and financially important energy projects. There’s the Turkmenistan-Afghanistan-Pakistan India gas pipeline (TAPI) and the Central Asia South Asia Electricity Transmission and Trade Project (CASA-1000), both of which have been discussed in depth here at Crossroads Asia and feature in an excellent recent podcast from RFE/RL. But there’s another ...

Read More »

In South Asia, much ado about F-16s

  Much to Islamabad’s chagrin, the message coming out from Washington is loud and clear. Pakistan is now being asked to pay for F-16 jets out of its own pocket. The message that the U.S. Congress is sending to Pakistan after it threatened to yank financing for F-16 jets ordered by the country cannot be more categorical. Pakistan can still ...

Read More »

Taiwan’s railway diplomacy

  Michael Reilly On May 6, representatives of Taiwan’s Alishan Forestry Railway and Switzerland’s Matterhorn Gotthard Railway signed a “sister-railway” agreement in Taipei. Aimed at boosting technical cooperation and sharing marketing expertise between the two mountain railways, such an agreement would normally pass by unremarked outside railway circles and the local tourism industry. Indeed, the Alishan railway already has two ...

Read More »

If you expect it, it’s not a ‘black swan’

It’s the bread and butter of pundits to speculate what the world might look like after a relatively improbable but potentially disruptive event, like the U.K.’s exit from the European Union or a Donald Trump victory in the U.S. presidential election. The perceived probability of these “black swan” events is pretty high, after all, and contingency plans may be in ...

Read More »

The economy’s real drag – Consumers

  American consumers aren’t what they used to be — and that helps explain the plodding economic recovery. It gets no respect despite creating 14 million jobs and lasting almost seven years. The great gripe is that economic growth has been held to about 2 percent a year, well below historical standards. This sluggishness reflects a profound psychological transformation of ...

Read More »

Brexit could be UK’s undoing

  Countdown for the historic June 23 UK vote on whether to stay or leave the EU is causing regional and international anxiety. Half of Europeans feel Brexit could spark a domino effect, as other states would follow suit. Britain first joined the then European Economic Community (EEC) in 1973, and in a referendum two years later, the public backed ...

Read More »
Send this to a friend