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Asia’s need for energy resources has sparked new debates involving energy security within rising powers in the region. Increased economic development has pushed these countries to consider new strategies for energy procurement in the 21st century. Key Asian nations have invested in renewable energy sources in an effort to diversify their energy assets as well as to fuel their expansion in the coming years. But traditional sources for energy, mainly petroleum, are still tremendously important. Some analysts fear energy conflicts could develop out of countries’ desires to lock down supplies of petroleum outside of Asia. Read the full report here.
India, China, and Russia joined Brazil and South Africa at the 9th BRICS Summit in Xiamen, China, on September 3 -5 under the theme “Stronger Partnership for a Brighter Future.” Formal goals for the Summit included securing peace, common development, diversity, and improved global economic governance. Read more here.Continue Reading →