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Israel navigates choppy international waters

The geo-political panorama is changing with ever-increasing rapidity.

By Norman A. Bailey

Posted: Wednesday, January 2, 2013

ARTICLES

Globes: Israel's Business Arena  

Publication Date: January 2, 2013

The year 2013 is opening on an international geo-political panorama that is changing in startling and fundamental ways with increasing rapidity.

The decline of the hegemonic power continues and gathers speed. American society is split down the middle and American politics is increasingly venomous. The absurd spectacle of the so-called "fiscal cliff" is a perfect reflection of these phenomena. In the meantime, the deficit and accumulated debt expand exponentially, and the number of people dependent in whole or in part is approaching half the population.

The agreements just concluded between India and ASEAN completes the southern and eastern portions of the "cordon sanitaire" being constructed around an increasingly aggressive and threatening China.

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