Global Issues

A looming succession crisis in Oman and Saudi Arabia
When King Salman bin Abdulaziz succeeded King Abdullah last month, the Kingdom of Saudi Arabia edged one step closer towards a succession crisis. US Secretary of State John Kerry…
Australia is not meeting its IEA oil reserve targets
The plunge in the global oil price is a hot topic. Between June 2014 and January 2015, the price of crude has dropped by 57%. Most of the attention has been on the boon for…
Memo to IMF reformers: Don't let Congress get you down
By Lowy Institute Non-Resident Fellow Mike Callaghan and G20 Research Fellow Tristram Sainsbury When it comes to IMF quota reform, the words of Yogi Berra come to mind: 'It's like…
India nuclear deal needs serious parliamentary scrutiny
The Australian parliament's Joint Standing Committee on Treaties (JSCOT) will soon review the proposed treaty between Australia and India on Cooperation in the Peaceful Uses of…
The real Tunisian spring
On 21 December 2014, Tunisians elected a president by universal suffrage for the first time in their history. The election marked the success of a democratic transition initiated…
Death and decorum: Japan awaits word of its ISIS hostages
In the last week, digital graphic designers such as Isaku Ogura have suddenly found themselves in strong demand for media commentary on the plight of two fellow Japanese taken…
China's investment rebalance
I am embarrassed to say that I made a mistake in the analysis below (I should have realised the results were too clear to be true!). In fact, the relative price of investment…
Is China slowing down? Not much
The Wall Street Journal: China's economic growth slowed to 7.4% in 2014, downshifting to a level not seen in a quarter century and firmly marking the end of a high-growth heyday…
Australia and UN peacekeeping: Time for a reset
The UN is the go-to organisation for virtually every forgotten international crisis. While the West has struggled on in Afghanistan and Iraq, the UN and its peacekeeping missions…
Australia must push for regional adoption of Arms Trade Treaty
On 24 December 2014, two decades of campaigning and several years of negotiations culminated in the Arms Trade Treaty (ATT) entering into force as an internationally legally…