Cold War 2.0 detonates

Advertisement

Where to begin! At home makes sense, with AUSMIN Australia-United States Ministerial Consultations, which have delivered an epochal commitment to ANZUS, via The Australian:

Secretary of State Mike Pompeo says the US-Australia alliance is ­entering a new era in the face of a rising China, declaring “the time is right” for both nations to step up joint efforts to meet security challenges posed by Beijing’s attempts to extend its influence in the Pacific.

Drawing parallels with joint US-Australian efforts to push back against the Soviet Union in the ­Pacific during the Cold War, Mr Pompeo said yesterday a ­“deter­mined effort” was required to “band together” on China.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.