Walden Bello on the US-China strategic confrontation

Presentation at the AEPF Global Military Spending and Global In(security) Webinar, Dec 3, 2020 Walden Bello, Focus on the Global South https://www.facebook.com/walden.bello/posts/10158182198814332 There are great worries today that the conflict between China and the US will not stop at simply being a trade war, that it could at some point spill over into some form … Continue reading Walden Bello on the US-China strategic confrontation

Time to Rethink Arms Sales to Taiwan

By A. TREVOR THRALL and JORDAN COHEN, Defense One NOVEMBER 2, 2020 On the surface, selling arms to Taiwan makes sense. Taipei has been an American ally for many decades and the United States has promised to help the island defend itself against China. Advocates of the most recent deal argue that the Harpoon missiles will improve Taiwan’s … Continue reading Time to Rethink Arms Sales to Taiwan

Don’t Buy Don’t Sell in the Trump era

After authorising the firing of 59 Tomahawk missiles (each costing around $1.5 million) at a Syrian airbase with no apparent consequential strategic purpose and diminishing none of the Syrian regime's chemical weapons capability, the maker of the Tomahawk missiles, Raytheon's stock rose sharply, adding more than $1 billion to its market capitalisation. Other missile and … Continue reading Don’t Buy Don’t Sell in the Trump era

Approaching the $2 trillion redline

During the 1980s, the Cold War and the global nuclear arms race propelled total military spending in the world higher than ever before. After the fall of the Soviet Union, the idea of the "peace dividend" got hold and for a short while, it did indeed look like that was where the world was going … Continue reading Approaching the $2 trillion redline