? It wouldn't be loverly | Main | Neglect by peace officer ?
July 02, 2010
The Golden Blessing
Another Chinese crew has been taken captive by Somali pirates and once again the Chinese have sortied in force in response. Impressive.
Though it would be more impressive if we did not know the last time the Chinese deployed in response to piracy they were also busy paying the pirates a four million dollar ransom.
What gets rewarded, gets repeated.
Boiling water and boiling oil: Ranjit B. Rai considers China's "string of pearls" and their related Malacca Dilemma. Such is the developing vocabulary of strategy in a world after Pax Americana.
And then: India and China vie for energy.
India’s energy use is expected to more than double by 2030 to the equivalent of 833 million metric tonnes of oil from 2007, whilst China’s demand may rise 87 per cent to 2.4 billion tonnes, the Paris-based International Energy Agency said.
India so far has faced an uneven contest to close the gap with China, which can dip into US$ 2.4 trillion of foreign currency reserves to buy stakes in oil and natural gas fields from Iraq to Uganda, compared with India’s US$ 250 billion in foreign exchange reserves.
India so far has faced an uneven contest to close the gap with China, which can dip into US$ 2.4 trillion of foreign currency reserves to buy stakes in oil and natural gas fields from Iraq to Uganda, compared with India’s US$ 250 billion in foreign exchange reserves.
Congratulations, Walmart shoppers!
Posted by Ghost of a flea at July 2, 2010 07:48 AM
