Just one year since his triumph in the 2012 election, French President Francois Hollande is struggling to reverse the collapse of popular support. His abandonment of key planks of the Socialist platform has contributed to a sense of betrayal among his left-leaning base, while the government’s lack of action on key structural reforms has fostered a sense of buyer’s remorse among centrist voters who took a chance on the Parti Socialiste candidate.
America’s “shale boom” is poised to revolutionize global energy markets. It could transform the nation from a longtime net oil importer into an export powerhouse. Consider that the 2012 increase in U.S. crude oil production, announced recently, was the largest not just in U.S. history, but the world.
Once again the Obama administration is picking winners and losers when it comes to energy. The president has vowed that America will be a net energy exporter. There's only one roadblock: Obama himself.
The coalition government led by President Cristina Fernández de Kirchner’s FPV faction of the Justicialist (Perónist) Party is suffering a steady erosion of its support among a constituency disillusioned by worsening economic trends, corruption scandals, and an overbearing style of governance. The FPV’s diminishing popularity has negative implications for rumored plans to amend the constitution so as to permit Fernández to seek a third term in 2015.
As I tried to suppress my anger over the recent news unfolding regarding possible corruption within the Obama administration, I looked back to see if our Founding Fathers had anticipated this. It didn't take long to find a quote from Thomas Jefferson, who wrote: “Experience has shown that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny.”
Despite a series of potentially damaging scandals, President Barack Obama continues to enjoy a positive net approval rating for his overall job performance and is viewed more favorably than the leaders of the opposition Republican Party on his handling of most issues of greatest concern to voters. Approval of Obama’s management of the economy, although below 50 percent, is surprisingly high for two reasons.
When dealing with the White House press corps, the Obama administration is unable to concisely and informatively react to so-called scandals. Whether its the continuing Benghazi investigation, the Justice Department's tapping of AP phones, or the sensational revelations that conservative applications for tax-exempt status were given higher scrutiny and delay than other applications at the IRS, White House Press Secretary Jay Carney is at a loss.
It is still galling that this nation’s entrepreneurs and small businesses — our country’s job creators — don’t get any support. Our political parties rail against each other, determined not to let either side win. This is a giant roadblock toward economic security.
The leadership transition that began last year came to a close at the annual March meeting of the People’s Political Consultative Conference, the advisory body of the ruling Chinese Communist Party (CCP). The new party boss, Xi Jinping, took the reins of government from President Hu Jintao, and Li Keqiang replaced Wen Jiabao as prime minister.
Public support for Spain's governing People’s Party (PP) has fallen significantly since the party was voted into office in 2011. This is a reflection of the generalized economic misery resulting from a combination of severe austerity, economic decline, and skyrocketing unemployment.
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