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Putin’s war on Ukraine has forced him to depend on China like never before. Beijing is happy to help – and to take advantage of its new power.
President Putin revived Stalinist anti-Americanism to justify a botched war. No longer is Russia simply bringing to heel a weak Ukraine that has fallen under the spell of “neo-Nazis.” Russia’s real fight is against the mighty United States, which wants to destroy it, while Ukraine is merely an obedient U.S. satellite.
Turkey’s balancing act between Moscow and the West has so far granted the Kremlin an important strategic advantage. Whoever emerges victorious in the presidential election will have to reassess Ankara’s position between NATO and Russia.
Rather than imposing a vision about the future of South America, Brazil’s president can gently try to steer debates and hope that the meeting on May 30 is the return of a permanent dialogue among South American leaders.
Over the past few years, Big Tech firms’ failure to address privacy concerns and combat disinformation has prompted a growing debate about the apparent conflict between their professed values and their bottom lines.
Foreign Affairs has recently published a number of articles on the global balance of power, the future of U.S. hegemony, and how great-power competition is playing out in the developing world. To complement these essays, we asked a broad pool of experts for their take.
There is a simmering debate over whether the United States should seek to pull European states into its competition with China, or should instead reduce its leading role in the defense of Europe in order to prioritize security needs in Asia.
As China seeks greater commercial and military advantage across the world’s oceans, its expansive global network of commercial ports both reflects and amplifies its growing power.
In her weekly guide to the Russian economy, Alexandra Prokopenko focuses on the G7 Summit taking place in Japan, where the war in Ukraine and the role of the Global South in sanctions will be high on the agenda. She also looks at inflation, Russian investment in an Iranian railroad, and a report that the EU is considering offering some sanctions exemptions.
Beijing’s focus on the real economy, coupled with the risks of capital-account liberalization, explain why the government has prioritized the renminbi as a means of payment over and above its use as an international store of value.