Sixthly, the European Union is not a global power, but it has a global power's responsibility.

He said that the European Union is not a global power, but that it does have a global power's responsibility.

like in the American Independence, this is an actual overthrowing of a monarchy, of a monarchy that controls a major world power.

The EU has the fourth largest fishing capacity in the world.

Two letters, an L and an O, now a worldwide force.

It is said that Japan is the greatest economic power in the world.

The balance of world power politics has given way.

A minor player in the global economy in the 1980 s, China today is the world s third largest trading power.

It is said that Japan is the greatest economic power in the world.

After the Cold War, the US is noted to have emerged as the world's first superpower as defined by its military and economic might.

Since the Cold War's end, America is the world's sole superpower.

The whole world, it seems, views China as the next great global power.

A more diverse Europe should in the future be a world power working for peace and solidarity.

I would like to focus on three issues firstly, Europe has to become a global political power.

The lesson is clear The muscle flexing rise of a world power can strengthen the strategic relevance and role of a power in relative decline.

The lesson is clear The muscle flexing rise of a world power can strengthen the strategic relevance and role of a power in relative decline.

Yet China will undoubtedly become the world s largest economic power in the foreseeable future.

They outlined a national strategy in which world influence was understood to flow from scientific leadership.

Could the world's lone but weary superpower actually learn something from China?

That will go a long way toward mitigating the risks that a new global power s emergence inevitably generates.

The preeminent power does not have to patrol every boundary and project its strength everywhere.

China will soon be the world s biggest trading power.

The full implementation of the internal market on a balanced basis demands this, as does the road to European Union, which is historically irreversible and can no longer be delayed.

The US ranked seventeenth from the top, a not so glorious position for the world s leading power.

Never since the US became the world s predominant power during World War II has there been a similar decline in its international influence.

What is worth the risk of alienating the world s second largest economy and one of China s most important trade partners?

A state becomes a world power when its strategic significance and potential give it global reach.

Of course, America still wants to contain China and prevent it from becoming a major regional and world power.

Japan's grim outlook is bad news for the world because it is the globe's second leading economic power.

For India, stability in Pakistan and Afghanistan would ease its rise to global economic power.

On balance, then southern Africa clearly stands to benefit economically from China s emergence as a global power.

Some analysts argue that China aims to challenge America s position as the world s dominant power.

Despite this, the Netherlands was in those days a prosperous world power and had, relatively speaking, a great deal of freedom.

Notwithstanding its many setbacks in recent years, the US remains the only power capable of leading a global strategy that consists in balancing soft and hard power.

Russians, it seems, can only feel good about themselves if they are contesting the world s great power head to head.

The development of successful immigration policies may, therefore, make a telling contribution to Brazil s reputation as an emerging global power.

Nevertheless, the US is likely to remain the world s preponderant power even after it extricates itself from Iraq.

The second important miscalculation concerned the likely global reaction to America s exercise of its hegemonic power.

What we are looking at is this monumental dying world history, when China becomes the largest economy in the world.

Nor am I unaware of the role played by China as a member of the WTO and a future global power.

Nevertheless, as a restored great power, the new Russia will for the time being attempt to ride in the slipstream of other great powers for as long as doing so coincides with its possibilities and interests it will concentrate on its own sphere of influence and on its role as a global energy power and it will otherwise make use of its opportunities on a global scale to limit America s power.

Unfortunately, many of the solutions on offer are either too timid or demand too much of a global leadership that is in short supply.

Indeed, it was the absence of debt that marked the United States emergence as a world power between 1914 and 1917.

According to an IMF study, as early as 2010 China will be the second largest economy in the world in terms of volume of production.

The paradox of American power is that the largest power since Rome cannot achieve many of its objectives unilaterally in a global information age.