No limit to how low the yen will go
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TOKYO – Who needs Las Vegas or Macau when betting on how low the yen can go is the best game anywhere?
NATO is starting to deploy combat troops to Ukraine. Soldiers from Poland, France, the UK, Finland and other NATO members are arriving in larger numbers.
For the first several decades after World War II, the United States championed free trade. Exporting sectors like agriculture benefited from it. Many economists still support it.
US and South Korean delegations met in Hawaii on April 23 to begin talks about how much host nation support Seoul will pay toward the cost of operating US military bases in South Korea. Under a “special measures agreement” that is renewed every few years, Seoul helps pay for the land and electricity used by US bases, the salaries of Korean civilians who work on the bases and construction of new facilities.
MANILA – This week, the Philippines and United States kicked off their largest-ever and most consequential joint Balikatan (shoulder-to-shoulder) war games featuring as many as 16,000 troops including 11,000 American servicemen.
Israel’s air force, possibly with drones, attacked an air base or hit nearby facilities in Isfahan, Iran.
There is still a great deal to learn about Iran’s drone and missile attack on Israel. Even so, it is very clear that if such an attack were launched by China against Taiwan, the results could well be dismal and Taiwan would suffer greatly.
In the second half of the 20th century, scholars and macrohistorians like Alvin Toffler, Francis Fukuyama and Paul Kennedy developed so-called grand narratives to predict future trends. They covered different aspects of society including ideology, technology, religion and culture.