Like any commodity, the value of the rand is determined by the market forces of supply and demand. Its weakening is also affected by a myriad of structural problems facing the South African economy.
U.S. forces in South Korea are on high alert after North Korea claimed to have tested a hydrogen bomb last week. But China may be better positioned to curb North Korea’s menacing behavior.
North Korea remains committed to perfecting a deployable nuclear weapon capability. It is confident in the understanding that there appears little the international community can do to prevent it.
The China Model features political meritocracy at the top, democracy at the bottom and experimentation in between. The West can learn from the best of Chinese leadership, even if it is authoritarian.
The Shanghai composite index is proving to be one of the most volatile markets in the world and government regulation is having some unforeseen effects.
Capitalism is, as the Marxists used to say, full of contradictions. It may well be the greatest wealth-generating machine ever invented. But it is famously volatile, unpredictable and prone to cyclical…
There is little of Gareth Evans’ sweeping analysis in the cabinet papers of 1990-91 of a rapidly changing world order or of his vision of good international citizenship.
Australia looks set to continue to confront its core foreign policy dilemma: balancing relations between its largest trading partner, China, and its key security partners, the US and Japan.
The US-China relationship is crucial to any global deal on climate change. How strong is their common commitment to working on climate change, and can it last?