OCCASIONAL PAPERS
Last week's world news in a minute...(21.2.2026 - 27.2.2026)
27.2: Maersk temporarily retreats from Red Sea sailings for two routes, due to "unforeseen constraints." maririme-executive.com
27.2: Oman says US-Iran talks end with ‘significant progress’ but no deal reached. theguardian.com
27.2: Japan, Philippines, US hold joint drills in South China Sea. www3.nhk.or.jp
27.2: Macron to set out how France's nuclear arms could protect Europe. france24.com
27.2: President of Dominican Republic says the country has more than 150 million tonnes of rare earth deposits. energynews.oedigital.com
27.2: White House says Trump remains open to dialogue with Kim 'without any preconditions.' en.yna.co.kr
27.2: EU to 'provisionally implement' controversial Mercosur deal. dw.com
27.2: Pakistan is in ‘open war’ with Afghanistan after latest strikes, defense minister says. apnews.com
26.2: RSF-led violence in al-Fashir bears 'hallmarks of genocide', say key UN nations. reuters.com
26.2: India, Israel to push free trade pact, boost defence cooperation PM Modi says. ddnews.gov.in
26.2: South Korea, UAE agree to pursue $65 billion in joint projects including $35 billion defence cooperation, envoy says. koreaherald.com
25.2: US warned Ukraine’s ambassador over strikes on Black Sea oil target. cnn.com
23.2: India, Brazil sign mining pact as Modi targets over US$20 billion in trade within five years. miningreporters.com
23.2: Iceland EU membership: Talks to fast-track referendum begin. icenews.is
23.2: Dozens of Mexican soldiers killed in cartel attacks after operation targeting drug kingpin ‘El Mencho’. latimes.com
23.2: Double Hungarian veto thwarts loan for Ukraine and new sanctions on Russia. euronews.com
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SOUTH CHINA SEA: RISING TENSIONS AND GEOPOLITICAL RIVALRIES
On April 21st, 2025, the annual military exercise BALIKATAN 2025 has started, involving forces from the Philippines and the United States. Additionally, Australia will participate in the exercise with 260 soldiers, while 19 countries, including France, Germany, Japan, and the United Kingdom will send observers. A total of 14,000 soldiers (5,000 Filipino and 9,000 American troops) will participate in the training activity, conducted in the context of the Mutual Defense Agreement of 1951, which provides for U.S. assistance to the Philippines in the event of an attack. The exercise scenario includes organizing and conducting defense in the Philippine archipelago and repelling an attack on one of the country’s islands. Specifically, the exercise involves launching a counteroffensive to retake an island captured by the enemy, sinking enemy vessels using artillery and missile fires, conducting joint naval missions in the South China Sea, and aerial reconnaissance missions over the Philippine archipelago. Among other things, the U.S. will engage the medium-range missile system (with a range of 500 to 2,000 km) called TYPHON, a unit of which was deployed about a year ago in the Luzon area of the Philippines. Naturally, the conduct of the exercise and the testing of advanced missile systems have provoked a reaction from China, which expressed its opposition to such military actions in the disputed area of the South China Sea, particularly with the involvement of U.S. forces. Indeed, on April 24th, 2025, a Chinese naval force consisting of an aircraft carrier and escort ships (frigates, cruisers, support vessels) sailed into the area.
The South China Sea is a region of heightened tension with a real risk of escalation and armed conflict. The overlapping Exclusive Economic Zones (EEZs) of the countries in the region (Malaysia, Brunei, the Philippines, Indonesia, China, Vietnam) and China’s “Nine-Dash Line” policy, which claims almost the entire marine area, while excluding other countries from their rights under international maritime law, significantly raises tensions, posing the danger of military conflict, either due to accident or deliberate provocations. The situation is further complicated by the involvement of powerful global forces such as the U.S., which have critical strategic interests in the region. The South China Sea is rich in fisheries (12% of the world’s fish catch comes from here) and mineral resources (it is estimated that about 11 billion barrels of oil and 190 trillion cubic meters of natural gas lie beneath its surface). Additionally, it is a critical route for global shipping and the transportation of goods, with an annual value of approximately $3 trillion. In this light, military activities reflect broader geopolitical dynamics, turning the area into a strategic battlefield. The involvement of local, regional, and global actors elevates the region to a field of regional and global rivalries that influence the distribution of power, as all seek to secure their interests.
April 26th, 2025
Ioannis Karampelas
President of HERMES Institute of International Affairs, Security & Geoeconomy
POLICIES
Santa Lucia National or Independence Day is celebrated annually on February 22nd marking the day that Santa Lucia gained its full independence from the United Kingdom in 1979. The Windward island (now known as Santa Lucia) first inhabitated by the Arawaks and Caribs, was colonized by the French and British in the 17th century. The island officialy ceded to the British by the French in 1814. British and French were 14 times at war for Santa Lucia resulting in repeated changes in the rule of the island. Santa Lucia joined the West Indies Federation in 1958 when the islands colony was dissolved, while it became a self-governing island as a member of the West Indies Associated States in 1967. On February 22, 1979, Saint Lucia achieved its complete independence under Sir John Compton of the conservative United Workers Party (U.W.P.).
“Location of Santa Lucia on the globe” by TUBS, https://commons.wikimedia.org/wiki/File:Grenada_on_the_globe_(Americas_centered).svg, licensed under CC BY-SA 3.0: https://creativecommons.org/licenses/by-sa/3.0/ — No changes were made. No endorsement implied.
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National Day of: Santa Lucia (22.02.2026)