The selection of the first secretary-general of the African Continental Free Trade Area turned into a competition between the continent’s two economic giants, South Africa and Nigeria. It was a reminder that they are likely to clash more in the future.
Renewed clashes in Libya have confirmed the intractable nature of the country’s conflict. This argues that its unpredictability is not only challenging the feeble response of the international community, but also exposing its divisions.
As the civil war in Syria moves towards an end, it becomes ever more difficult to postpone resolution of the toughest issues. This piece examines the priorities of each actor, which are not easy to reconcile.
Europe is turning its attention to improving air defenses in the face of ever more capable potential threats. Today, however, only a limited number of modern systems are in service or being developed to tackle such challenges.
The coronavirus outbreak poses a tremendous test for Beijing. Beyond the immediate public health crisis, the Chinese Communist Party faces a stuttering economy, growing public distrust, and a potentially heavy blow to its global reputation.
This paper examines herding behavior amongst credit rating agencies, issues of conflict of interest, and ratings quality. It finds that the more first-mover downgrades S&P makes, the more their sovereign rating coverage declines relative to Moody’s.
In 2018, the Chinese government formed two new bodies expected to improve China’s response to natural hazards and humanitarian emergencies in other countries. This examines the implications for Southeast Asia.