Greenland is important in that controlling the island provides significant access to the Arctic Ocean, abundant in resources such as oil, natural gas, iron ore, copper and nickel. Emerging sea routes, due to the reduction of ice sheets, further increase the geopolitical capital of holding influence over the region.
‘There is no defence without a state, and there is no state without defence’. This is how the first events of the Shipping, Energy, and Geopolitics Bocconi Student Association in co-operation with the Politics and Economic Development Bocconi Student Association started on Monday the 8th of March. Made up of a panel of interesting speakers from different backgrounds, the discussion revolved around the much-discussed and very contemporary topic of defence, its future and the progression of Europe along a common path.
Amongst all Southeast-Asian countries, East Timor is not exactly the most notorious. The country, sometimes also referred to as Timor-Leste, is in fact easily outshined by all its immediate neighbours, namely Indonesia and Australia. Indeed, East Timor is not only substantially smaller in size, but it is also a fairly young nation. International recognition was not granted to the East Timorese until September 27th, 2002, when the United Nations General Assembly finally admitted Timor Leste as an official UN member.
It would not be inaccurate to say that the Nile river, the longest in all of Eurasia, has played a foundational role in human history. After all, it has given rise to one of the first recorded civilizations thanks to its abundance of fresh water. This is no less true today, where it keeps shaping African geopolitics thanks to the vast resources it offers the nations it traverses: fish in abundance, an easy medium for transport, the possibility for hydroelectric power generation, and most importantly, fresh water.
April 20th, 2020 will go down in oil-market history as the day when the U.S. benchmark price for crude dropped below zero for the first time, meaning that producers would pay traders to take oil off their hands. In a massive and unprecedented swing, the future contracts for May delivery of West Texas Intermediate (WTI) tumbled to minus $37.63 a barrel.
Long before the discovery of the New World and roundness of the Earth, it was the Silk Road that connected the East and the West economically, culturally, and politically. The famous travels of Marco Polo were also set through this route. For almost 2 thousand years, from the 2nd century BCE to the 18th century, this road was the largest trade network in the world. Now, after more than 200 years, China is willing to make the Silk Road great again!
The current Israeli-Palestinian conflict dates back to 1947. In 1947, the United Nations adopted Resolution 181, which sought to divide the British Mandate of Palestine into Arab and Jewish states. On May 14, 1948, the State of Israel was created, sparking the first Arab-Israeli War. The war ended in 1949 with Israel’s victory.