Robert G Patman: Trump’s new security strategy exposes the limits of NZ’s ‘softly-softly’ diplomacy

President Donald Trump’s recently-issued National Security Strategy marks a decisive break in United States foreign policy. It also poses an uncomfortable challenge for New Zealand and other countries that have long depended on a rules-based order.

The document formalises the most significant shift in Washington’s global outlook since 1947. It confirms, as European Commission President Ursula von der Leyen warned earlier this year, that the “West as we knew it no longer exists”.

Matt Ridley: Eco-extremism has brought Sri Lanka to its knees

 

An obsession with organic farming ‘in sync with nature’ triggered an unsustainable but predictable economic crisis

Sri Lanka’s collapse, from one of the fastest growing Asian economies to a political, economic and humanitarian horror show, seems to have taken everybody by surprise.

Five years ago, the World Bank was extolling “how Sri Lanka intends to transition to a more competitive and inclusive upper-middle income country”. Right up to the middle of last year, despite the impact of the pandemic, the country’s misery index (inflation plus unemployment) was low and falling. Then the misery index took off like a rocket, quintupling in a year.