While Trump in Davos dominated the media, real news was and is being made in the Asia-Pacific. China might be overreaching, India is strategically moving and Japan is busy with coordinating the anti-Chinese front. The only real news at Davos concerned the EU, not the Trumpian road show of an US neither led nor leading.…
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China’s ‘New Silk Road’
[ ... ]China had too much for its internal good. Both forex-reserves and industrial capacities. To reduce the former in this time of record low interest rates, ‘China Inc.’ has bought up Western companies at record rates. The latter stood at the outset of the gigantic project ‘New Silk Road’, also called OBOR (One Belt, One Road)…
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US recognition of Jerusalem as Israel’s capital
[ ... ]Strategic consequences of US recognition of Jerusalem as Israel’s capital: Iran is gaining in the regional power equation. The US President’s decision to recognize Jerusalem as Israel’s capital breaks with a decade-old position of US presidents not to adhere to Israel’s most fundamental claim. The decision has triggered wide-spread opposition in the Muslim world and…