Head of intelligence assesses global powers.

The article presents the assessments of Peter Varghese, director general of Australia's Office of National Assessments, on global powers during a speech at the Australian Strategic Policy Institute's Defense and Security luncheon in Sydney, New South Wales. Varghese predicts that the new economic might of China and India will eclipse the powers of the U.S., Europe and Japan by 2030. Comments of Varghese on the fall of the U.S. economy and Australia's influence on the world are offered.