Whenever China is mentioned in a presidential campaign, the consequences are rarely good. In 2012 residents of Ohio, where anti-Beijing ads proliferated, might have believed that the campaign hinged on which candidate was tougher on China. Next year U.S. policy toward the People’s Republic of China might become a broader election issue, leading to serious damage in the relationship.
Modern Singapore’s political landscape has often served as a bellwether for what other countries in Asia have come to expect from their polities — maintenance of the status quo, with enough of a sliver of opposition voices at election time to enable the country to call itself a ‘democracy’ with a straight face. That wouldn’t pass the smell test in much of the rest of the world, but it works well in Singapore.
Last year Narendra Modi won an unusually strong majority in India’s parliamentary election. Previously barred from receiving a U.S. visa because of charges that he incited sectarian violence, Modi visited the U.S. last September and was warmly welcomed by both the Obama administration and Indian-Americans. He was treated as the leader of the next great power.
Financial stability requires sound money, not artificially low interest rates that encourage risk taking, penalize savers and misallocate capital. Sustainable asset prices rest on long-term economic growth, which is strongly influenced by the choice of economic policies and institutions.
More than one year after seizing control of the government in a coup, the military shows no signs of relinquishing its hold on power. In April, Thailand’s junta lifted the martial law that had been in effect since last May. However, that move was not a step toward reform. Instead, the prime minister was given a great deal of control.
Despite Washington’s efforts to persuade its Gulf Cooperation Council (GCC) allies that a comprehensive nuclear agreement with Iran would serve their long-term interests, most Gulf Arab monarchs remain far from sold. In addition to economic concerns about the potential reintegration of Iranian gas and oil into global markets, the GCC fears that a thaw in U.S.-Iran relations will diminish the council’s strategic value to Washington.
On May 22, 2015, the U.S. Senate passed the Bipartisan Congressional Trade Priorities and Accountability Act, better known as Trade Promotion Authority (TPA), by a vote of 62–37. At the same time—and in the same vote—the Senate passed the Trade Adjustment Assistance Enhancement Act (TAA). The bills were passed, respectively, as Title 1 and Title 2 of H.R. 1314, or the “Trade Act of 2015.”(1)
Given its diverse cultural, linguistic and religious mosaic, nationalism is always lurking beneath the surface in Asia. The competition for natural resources has only exacerbated the tendency for nationalist sentiment to emerge, threatening the concept of Pan Asianism. Natural resource nationalism is evident in a variety of countries and has manifest itself in a number of ways, ranging from more restrictive foreign investment and trade policies, to militarism.
The last several months have been a turbulent time for President Enrique Peña Nieto. Perceptions of a lack of urgency on the part of the federal administration following the disappearance of dozens of students in the state of Guerrero in September 2014, and evidence that police and political figures affiliated with the governing PRI colluded with drug gangs to murder the students have sent the president’s approval rating tumbling since mid-2014.
The grand coalition of the Chancellor Angela Merkel’s center-right CDU/CSU and the center-left SPD has been troubled by internal disagreements, but there is little chance that either the Merkel’s bloc or the Social Democrats might force an early election. The results of state elections held since the government was formed after the 2013 elections have highlighted a growing tide of euroskepticiscm.
Page 2 of 16
» Advanced Search
Get an inside perspective and stay on top of the most important issues in today's Global Economic Arena. Subscribe to The Manzella Report's FREE Impact Analysis Newsletter today!
Understand dynamic global markets.
Understand what’s occurred and more accurately assess what’s ahead. Improve your corporate strategic plan, seize the right opportunities, and boost competitiveness and profits.
Informative, analytical and policy-oriented perspectives.
Comprehend the impact of past events and fully grasp and prepare for the challenges ahead.