Asia

The case for cash

Two possible drawbacks of high-denomination bills are discussed by Kenneth Rogoff in his book. James McAndrews Asia Times There is another side to this argument. Cash is an… The case for… Read More »

Does monetary policy still matter?

Economic data suggests that the transmission mechanism between monetary policy and the real economy is extremely loose, if not completely broken David P. Goldman Asia Times Whether the Federal Reserve raises the overnight rate to 1% from 0.75% tomorrow rather than at its May meeting, as expected earlier, is a matter of compelling interest in the financial world. It shouldn’t be — not the way in which… Does monetary policy… Read More »

‘EU punishes Turkey for mending relations with Russia, NATO’s Enemy №1’

The EU’s diplomatic crackdown on Turkey is punishment for Ankara seeking better relations with Russia and showing less commitment to the West, experts told RT, adding that… RT Op–Edge The EU-Turkey scandal has been evolving over the past few weeks, as rallies sponsored by the Turkish government in several European countries, including… ‘EU punishes Turkey… Read More »

A New Washington Naval Conference Could Prevent a Deadly South China Sea Showdown

A blueprint for how Washington can reduce tension in the South China… Thomas G. Mitchell The National Interest Since the turn of the century political scientists and historians have been warning us about a new Thuycidean trap in which a rising power confronts a declining… In this scenario, China would play the role of Wilhelmine Germany during the… A New Washington… Read More »

Man Without an ISIS Plan

On the campaign trail, no foreign policy issue seized Donald Trump more than the fight against the Islamic State. The New York Times Once president, he signed an executive order giving his generals 30 days to produce a plan to defeat the terrorist group, and Defense Secretary Jim Mattis gave him options on Feb. 27. Yet if Mr. Trump… Man Without an… Read More »

How Europe boosts Russia-Turkey ties

The Russian-Turkish tandem has re-emerged with the two countries’ reconciliation, after seven months of glacial relations following Turkey’s downing of a Russian jet on its… Maria Dubovikova Arab News  That is not to say Ankara and Moscow see eye to eye on everything, but they realize that they need each… Turkey has to… How Europe boosts… Read More »

Enough Kims, thanks

Memo to son of murdered Kim Jog-nam: North-Korea doesn’t need another Kim Bradley K. Martin Asia Times The appearance on YouTube last week of the son of the murdered Kim Jong-nam has sparked speculation that the young man may be next on Pyongyang’s hit list. The theory goes… Enough Kims… Read More »

Ousted South Korean leader Park Geun-hye leaves Blue House

Seoul: Disgraced South Korean leader Park Geun-hye has left the presidential Blue House bound for her private home and facing possible prosecution and jail, two days after a court dismissed her over a… Brisbane Times AAP Park left the compound on Sunday in a motorcade of fast-driving black cars, flanked by police motorbikes, after… Ousted South Korean… Read More »

China: Trade war will only bring ‘pain’

China on March 11 warned the U.S. against launching a trade war, saying that both countries would suffer if U.S. President Donald Trump follows through on his… BEIJING – Agence France-Presse Hurriyet The billionaire politician has repeatedly accused China of using unfair trade policies to steal jobs from the US, threatening to… “A trade war is not in the… China: Trade war… Read More »

Japan remembers

March 11 is a day of remembrance in Japan. Daniel Hurst Asia Times Midafternoon, the nation falls largely silent to remember the children, wives, husbands, schoolteachers, grandmothers and thousands more whose lives were snuffed out in unexpected minutes on this day six years ago. At 2:46 p.m., the… Japan remembers… Read More »

Turkey referendum: Dutch are Nazi remnants – Erdogan

Turkish President Recep Tayyip Erdogan has described the Dutch as “Nazi remnants and fascists”, as a diplomatic row grows over a… BBC The Turkish foreign minister was due to speak in the Dutch city of Rotterdam on Saturday in support of a referendum to give Mr… But the rally was banned for security reasons, and the… Turkey referendum: Dutch… Read More »

U.N. Accuses Turkey of Killing Hundreds of Kurds

GENEVA — Turkey’s military and police forces have killed hundreds of people during operations against Kurdish rebels in southeastern Turkey, the United Nations said on Friday in a report that listed summary killings, torture, rape and… NICK CUMMING-BRUCE The New York Times The report, by the Office of the United Nations High Commissioner for Human Rights, details how… U.N. Accuses Turkey… Read More »

Drivers of change

Asia Times chats to industry leaders, Katryna Mojica and Tan Le, on their perspectives on gender in the workplace, and what is needed to improve lives for all Liu Hsiu Wen Asia Times For International Women’s Day this year, Asia Times interviewed two women leaders who have blazed trails in different fields – public relations and telecommunications. Katryna Mojica, Chief… Drivers of… Read More »