This week (December 2-10) [1] the Regional Comprehensive Economic Partnership (RCEP) is being negotiated in Jakarta, Indonesia. If signed, RCEP would grant corporations the exclusive right to bypass domestic legal systems and sue governments at international tribunals whenever they feel government regulation can limit their profits [2].
The next BRICS summit, in Goa, is less than two months away. Compared to only two years ago, the geopolitical tectonic plates have moved with astonishing speed. Most BRICS nations are mired in deep crisis; Brazil’s endless political/economic/institutional debacle may yield the Kafkaesque impeachment of President Dilma Rousseff.
Japan is planning to deploy a new type of missile to the East China Sea, where Tokyo is engaged in a tense territorial dispute with Beijing. The decision marks a significant milestone in the drive by Prime Minister Shinzo Abe’s government and the ruling Liberal Democratic Party (LDP) to remilitarize Japan. The planned missile system will be designed locally, by the country’s expanding defence industry, rather than being supplied by the United States or another ally.
On his visit to Hiroshima last May, Obama did not, as some had vainly hoped he might, apologize for the August 6, 1945 atomic bombing of the city. Instead he gave a high-sounding speech against war. He did this as he was waging ongoing drone war against defenseless enemies in faraway countries and approving plans to spend a trillion dollars upgrading the US nuclear arsenal.
The South China Sea is and will continue to be the ultimate geopolitical flashpoint of the young 21st century – way ahead of the Middle East or Russia’s western borderlands. No less than the future of Asia – as well as the East-West balance of power – is at stake.
By Vladimir Mikheev
The BRICS grouping is falling apart, according to a recent article in the Financial Times that claimed commodity giants Russia and Brazil...