Before 2001, Australian policy in the region defined here as West Asia – that stretching from India's western borders across to the eastern shores of the Mediterranean, encompassing Southwest Asia, the Persian Gulf and the Levant – focused on two broad objectives: supporting American-led efforts to promote regional stability, and securing opportunities for Australian exports.
Topic:
International Relations, International Political Economy, and International Trade and Finance
What is the problem? China runs an opaque aid program in the Pacific that has fuelled suspicions about its motives in the region and that undermines efforts to improve accountability, governance and stability. Despite concerns about China's aid program, China and Australia share broadly similar interests in the region and Australia and other donors would gain from working with China to improve the quality of its aid and reduce its destabilising side effects. In a new Lowy Institute Policy Brief, Fergus Hanson suggests several new approaches to engaging China on its aid program.
North Caucasus Weekly (formerly Chechnya Weekly), The Jamestown Foundation
Abstract:
Police in Ingushetia's largest city, Nazran, forcefully broke up an anti-government protest on September 2, two days after police shot dead Magomed Yevloev, owner of the opposition Ingushetiya.ru website. Reuters reported that the protest started during the funeral of Yevloev, who died after being shot while in police custody. The news agency quoted Magomed Mutsolgov of the Ingushetia-based human rights group Mashr as saying police had arrived at around 5:30 a.m. local time to disperse a crowd of around 50 men who had been sleeping in Nazran's main square. Police and military vehicles were then deployed to block access to the main square, Mutsolgov told Reuters. Protest organizers later vowed to try and force their way back into the square on September 2. However, an Ingushetia Interior Ministry press official denied the police had forced the demonstrators to leave and insisted they had left peacefully. “We didn't even have to make any arrests,” Reuters quoted the official as saying.
North Caucasus Weekly (formerly Chechnya Weekly), The Jamestown Foundation
Abstract:
Newsru.com reported on September 11 that unidentified attackers had fired grenade launchers and machine guns at Ingush President Murat Zyazikov's home in the Nazran municipal district village of Barsuki the previous evening. A home located nearby belonging to relatives of Zyazikov was also reportedly targeted. According to Ingushetiya.ru, there was no information on whether there were any casualties from the attack, which lasted around 20 minutes. Ingushetia's Interior Ministry, meanwhile, denied that such an attack took place, Interfax reported.
China\'s banking sector has been largely transformed over the past decade. Several of the largest banks have been restructured, recapitalized, and listed. Governance has improved, notably through the appointment of independent members to boards of directors. A vigorous new regulatory and supervisory agency, the China Banking Regulatory Commission (CBRC), has introduced new accounting standards, a revised risk weighting system for measuring capital, more rigorous loan loss criteria, heightened provisioning requirements, and other significant changes. Foreign banks have entered the market, both through their own branches and subsidiaries and through strategic investments in domestic banks, bringing better banking practices and much needed additional competition.
China's economy will surpass that of the United States by 2035 and be twice its size by midcentury, a new report by Albert Keidel concludes. China's rapid growth is driven by domestic demand—not exports—and will sustain high single-digit growth rates well into this century. In China's Economic Rise—Fact and Fiction, Keidel examines China's likely economic trajectory and its implications for global commercial, institutional, and military leadership.
Topic:
Economics, Globalization, and International Trade and Finance
Afghanistan has recently embarked on the process of joining the World Trade Organisation (WTO). While increased trade can help lift countries out of poverty, the experience of countries at similar levels of development to Afghanistan's which have joined the WTO suggests that, unless great care is exercised, the terms of that member ship may adversely affect poverty reduction. This paper seeks to identify how Afghanistan can give itself the best possible chance of achieving a WTO accession package that supports its efforts to develop sustainably and to reduce poverty.
North Caucasus Weekly (formerly Chechnya Weekly), The Jamestown Foundation
Abstract:
A car belonging to an official believed to be a relative of Musa Medov, Ingushetia's Interior Minister, was blown up in Nazran on October 8. The opposition Ingushetia.org website reported that a powerful explosion took place 100 meters from the Interior Ministry building in Nazran while Itar-Tass quoted a source as saying that the explosion was an attempt on the life of Daud Medov, the deputy head of the Interior Ministry's vehicle maintenance department. According to Newsru.com, the blast was caused by an explosive device that was attached to the undercarriage of Medov's Lada Priora car and that the bomb went off when the car was parked outside his home and as Medov had left his home and gone outside. Neither Medov nor anyone else was hurt in the blast, but the car was burned out.
North Caucasus Weekly (formerly Chechnya Weekly), The Jamestown Foundation
Abstract:
A suicide bomber attacked the motorcade of Ingush Interior Minister Musa Medov on September 30. The Moscow Times reported on October 1 that the male bomber attempted to ram a Lada hatchback packed with explosives into Medov's convoyin downtown Nazran at 8:20 a.m., local time, but the car exploded before it collided with the minister's armored Mercedessedan. According to Gazeta.ru, Ingush prosecutors said Medov and his bodyguards were unharmed, while five by standers were wounded and several houses in the vicinity of the blast were damaged. Kommersant reported on October 1 that amongthe injured were a taxi driver and his passenger who were driving by when the bomb detonated and two women living in apartment buildings nearby.
North Caucasus Weekly (formerly Chechnya Weekly), The Jamestown Foundation
Abstract:
Ingushetia.ru reported on October 16 that rebel fighters had seized two villages in the republic. According to the opposition website, the militants had blocked the entrances to the villages of Muzhichi and Yandare from the Rostov-Baku federal highway and had set up their own checkpoints. Yet sources in Ingushetia's Interior Ministry called the report “disinformation,” while the republic's prosecutor, Yury Turygin, told Interfax that neither he nor the Interior Ministry nor any other republican law-enforcement bodies had received any information about “bandits” having seized villages.