Skip to main content

Posts

Port Complex in Brazil Opens New Grain Export Route

Combine harvester pours soybeans in a truck in Campo Novo do Parecis, Mato Grosso, Brazil on March 27, 2012.(YASUYOSHI CHIBA/AFP/GettyImages) Summary On April 25, Brazilian President Dilma Rousseff traveled to the northeastern city of Barcarena in Para state to attend the opening ceremony of the Miritituba-Barcarena port complex. Built by Bunge, an agribusiness and food processing company incorporated in Bermuda but based in New York, the $320 million complex has two terminals -- one in Miritituba on the Tapajos River and the other at the Port of Vila do Conde in Barcarena on the Para River. The terminals will handle grain shipments from Brazil's landlocked state of Mato Grosso and ease pressure on Brazil's overloaded Santos and Paranagua ports in the southeast. The project is just one component of Brazil's broader push to open up the "northern exit" for grain shipments to Europe and Asia via the Atlantic Ocean. Analysis To reach Barcarena, Mato Grosso's grain

Obama Plays with Fire in Ukraine

By Sheldon Richman - " FFF " - “The U.S. is sending about 600 ground troops to Eastern Europe … to ‘reassure’ allies there as Washington resumes its campaign of pressure on Russia over the Ukraine standoff.” — POLITICO How many American parents would proudly send their sons and daughters off to kill or be killed in Slovyansk or Donetsk? How many young men and women aspire to be the first American to fall in Kramatorsk? Those towns are in eastern Ukraine. President Obama says the “military option” — war, that is — is not on the table in his effort to oppose Russia in the Ukraine crisis, but can we trust him? As pressure mounts on him from America’s war hawks, what will he do when sanctions fail to persuade Russian President Vladimir Putin to acquiesce? Will the military option then find its way onto that infamous table? Obama has dispatched 600 soldiers to Poland, Lithuania, Latvia, and Estonia. The U.S. Navy has ships present in the Black Sea, an understandably sensitive mat

Exclusive: Putin Halts All Talks With White House

By Josh Rogin  " Daily Beast " - As new U.S. sanctions against Russia loom, the Kremlin has shut down—at least for now—intensive high level communications between top U.S. and Russian officials. Since the "invasion of Crimea", President Vladimir Putin and President Barack Obama have had regular phone calls in an often half-hearted attempt to deescalate the ongoing crisis inside Ukraine. But as the U.S. and EU prepare to unveil new sanctions against Russia, Putin has decided the interactions should stop. The Kremlin has ended high-level contact with the Obama administration, according to diplomatic officials and sources close to the Russian leadership. The move signals an end to the diplomacy, for now. “Putin will not talk to Obama under pressure,” said Igor Yurgens, Chairman of the Institute for Contemporary Development, a prominent Moscow think tank, and a close associate of Russian Prime Minister Dmitry Medvedev. “It does not mean forever.” Obama and Putin last sp

Afghanistan: A Battleground for Iranian and Saudi Interests

Many observers have overlooked some of the ancillary regional consequences of the U.S.-Iran deal. As the United States and Iran reached the agreement, Washington encountered trouble with Iran's eastern neighbor, Afghanistan. Afghan President Hamid Karzai would not sign the bilateral security agreement that would authorize a residual American force in Afghanistan after 2014. The standoff will be short-lived, but in light of the U.S.-Iran deal, battles will continue to take place in Afghanistan between two historic rivals: Saudi Arabia and Iran, which is now poised to play an unprecedented role in the region. U.S. National Security Adviser Susan Rice left Kabul on Tuesday after warning Karzai that if he did not sign the bilateral security agreement Washington would have to withdraw all of its troops from Afghanistan by the end of next year. That probably will not come to pass; Karzai is simply posturing to get additional concessions from Washington, many of which involve Karzai tryin

What China's Economic Slowdown Means for Latin America

Venezuelan Foreign Minister Elias Jaua (R) and his Chinese counterpart, Wang Yi, at the Venezuelan Foreign Ministry on April 21.(JUAN BARRETO/AFP/Getty Images) Summary A looming slowdown in the Chinese economy promises trouble for China's economic partners in Latin America, especially commodity exporters. The growing relationship between China and Latin America is on display this week as Chinese Foreign Minister Wang Yi tours the region in a trip that will wrap up April 26. Wang is visiting Cuba, Venezuela, Brazil and Argentina to discuss bilateral financing and trade deals. China's slowing economy and potential for domestic economic instability threatens to sharply lower demand for key commodities exported by Latin American countries. Particularly vulnerable are countries such as Brazil, Peru and Chile that have seen China rise in importance as an export destination. Analysis When the 2008 financial crisis seized international trade and sent the European Union and the United S

Boko Haram Adjusts Its Methods

Policemen investigate the site of the April 14 Boko Haram attack in Abuja. (STRINGER/AFP/Getty Images) Summary The April 14 car-bombing near the Nigerian capital of Abuja, for which Boko Haram claimed responsibility over the weekend, marks the group's renewed use of vehicle-borne improvised explosive devices to carry out attacks. Boko Haram is modifying its strategy, employing guerrilla and terrorist tactics while abandoning its effort to control a small part of Borno state -- a goal the group pursued during the first half of 2013. The most recent attack marks a return to the methods Boko Haram used in 2012, although the softer targets and lack of suicide bombers suggest a lower degree of sophistication. The group's activity during the first quarter of this year also suggests a more limited geographic concentration to the three northeastern states of Nigeria: Borno, Yobe and Adamawa. However, occasional attacks in Kano state and the Middle Belt region remain likely. Analysis Th

German Business Ties With Russia Curb the Threat of EU Sanctions

A German and Russian flag in front of the Westin Hotel in Leipzig, Germany, on April 23.(ROBERT MICHAEL/AFP/Getty Images) Summary The Europeans will continue to threaten Russia with sanctions to pressure Moscow to help implement the Geneva agreement on eastern Ukraine , but the likelihood of European financial and economic sanctions is small. An important reason is that Germany has prioritized strategic commercial deals with Russia and is reluctant to see relations deteriorate further. Yet with the German public and other European countries calling for greater energy freedom from Russia, it will become more difficult for Berlin to defend stronger ties with Russia. Analysis It is difficult for the European Union to reach a consensus on financial and economic sanctions against Russia because member states have their own bilateral ties with Russia to preserve. Even before the April 17 agreement, it was not possible to clearly define which countries were for or against financial and econo

South Sudanese Rebel Attacks Delay Oil Production

Foreign workers wait for a visit from South Sudan's petroleum minister in the town of Paloch on March 2.(ANDREI PUNGOVSCHI/AFP/Getty Images) Summary Relative calm had returned to South Sudan's oil-producing Unity state after government forces recaptured the state's capital, Bentiu, in January. The South Sudanese Petroleum Ministry had put forth a July 2014 deadline for resuming oil production, but the ongoing rebel offensive in the state has halted any attempts to meet that deadline. Any damage the oil facilities sustain in a rebel takeover would only prolong the time it would take to bring production back to pre-crisis levels. Analysis Oil production in Unity state, which at 50,000 barrels per day makes up about one-fifth of South Sudan's current production capacity, has been completely halted since fighting broke out near the oil facilities in December 2013. Interested outside parties have since weighed in on the matter. China has reiterated its interest in a diplo