Friday, March 30, 2012
Is America Getting Ready For A Resource War?
March has been a big month in the Resource Wars - the long-term scramble by the world's major powers to secure access to strategic metals and minerals essential to economic growth and national security. Exhibit A: The announcement that the U.S., European Union and Japan are initiating a World Trade Organization (WTO) action against China for its restrictive export policies on a range of technologically-critical metals know as Rare Earths.
But for all the ink it received, the WTO Rare Earths case may just be the second most important action the White House has taken this month on the strategic resource issue.
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Posted by Michele Kearney at 9:01 PM