A major step back in global cooperation has been observed this year, marked by increased tariffs and pressures to control raw materials across regions including Venezuela, the Democratic Republic of the Congo, Greenland, the Strait of Hormuz, the Panama Canal, and Canada. This trend contrasts with the international order established after 1945, which was based on law, cooperation, and global trade rules. The Financial Times notes that this order is disintegrating in favor of a form of resource imperialism reminiscent of earlier eras, where control over natural resources has become a key geopolitical tool.
The Financial Times article titled "Resource imperialism is back" discusses the resurgence of resource control as a key geopolitical factor. The Xinlang reports on the Chinese economy emerging victorious from the war in Iran, while the South China Morning Post explores the implications of the Strait of Hormuz blockage for Asia. The Daily Telegraph highlights China's increasing influence on African coasts, and the Republic examines why the Global South prefers Beijing to Moscow. The El-Watan discusses the emergence of "securonomics," a new approach prioritizing security over economic efficiency, reflecting a shift in how nations manage their resources and trade.
The Foreign Affairs journal emphasizes the new grail of energy autonomy, as countries seek to reduce their reliance on foreign energy sources. Arabi21 reports on the Gulf's preparations for a post-oil future, highlighting the region's efforts to diversify its economy. El Nacional covers an uncertain agreement in Venezuela, and Kommersant discusses Russia's risky pivot to the east, seeking stronger ties with Asia. La Vanguardia warns of peril on the world's granary, referring to the vulnerability of global food supply chains. NZZ am Sonntag notes that Switzerland is no longer the water tower of Europe, suggesting a decline in its role as a key water resource hub.
The Deutsche Welle highlights China's rise as a major power in AI, and Foreign Policy discusses Elon Musk's SpaceX and its implications for space exploration and global influence. The New York Times focuses on Svalbard, a coveted Arctic land, while the Guardian examines the challenges of the "polar silk road," a proposed route for trade through the Arctic. The press review questions whether Taiwan can be protected by its semiconductor industry, and El Estornudo reports on Cuba's structural collapse. Foreign Policy also notes that the world is living a new Middle Ages, with alliances shifting according to circumstances and sovereignty in energy, food, and digital domains becoming paramount.
The blockage of the Strait of Hormuz and the claimed recontrol of the Strait of Bab El-Mandeb by the Houthis have highlighted the vulnerability of globalization. Algerian economist Idriss Hadj Nacer, writing for Twala, compares the Hormuz crisis to the fall of the Berlin Wall, emphasizing its role in revealing underlying geopolitical and economic shifts. The Twala article also mentions the impact of the energy shock from the Hormuz blockage, with winners and losers emerging on the global chessboard.
The Financial Times argues that Donald Trump's attempts to control resources in Venezuela, the DRC, and the Panama Canal reflect a return to resource imperialism rather than a forward-looking strategy. Meanwhile, Ren Zeping of the South China Morning Post notes that China's dominance in renewable energy has grown amid the Hormuz crisis. Photographer Moises Saman documents the struggles of Cubans under an energy blockade, capturing a "mixture of exhaustion and improvisation." The Foreign Policy article discusses concerns over Elon Musk's influence through SpaceX, with historian Quinn Slobodian warning about the geopolitical and economic power of a single individual. The Foreign Affairs journal also examines the winners and losers of the energy shock caused by the Hormuz blockage, linking it to new fault lines in global politics.
Global Shifts in Resource Control and Geopolitical Tensions
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