Trump Goes Soft On Saudi

President Donald Trump has said that Saudi Arabia “blew up the World Trade Center” and wants “women as slaves and to kill gays.” He has also insisted that the oil-rich Arab kingdom provide the United States with free oil for a decade. But when Trump takes his first overseas trip later this month, Saudi Arabia […]

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The Future Of Europe Hinges On a Face-Off In France

The last time a French Presidential election was anywhere near this wild was in 2002. Jacques Chirac, the center-right President, was supposed to face Lionel Jospin, the center-left Prime Minister. (The two men had been sharing power in a “cohabitation” government.) The extreme-right candidate, Jean-Marie Le Pen—Marine’s father, an eyepatch-wearing former paratrooper and gleeful racist, […]

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China’s History Problem: How It’s Censoring The Past And Denying Academics Access To Archives

 …Since President Xi Jinping took power in 2012, nationalism has grown even stronger, which means “historical nihilism” isn’t likely to go away any time soon. At the annual meeting of the National People’s Congress in Beijing in March, lawmakers made the defamation of communist heroes and martyrs a civil offence. Read Here – South China […]

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Trump’s Pressure On Tech Outsourcers Might Be Paying Off

If President Trump’s rhetoric really is pushing companies to alter their practices, it wouldn’t be the first time he has used the bully pulpit to literally bully businesses into change. In that way, H-1B reform may be playing out in a way not unlike the deal president-elect Trump struck with Carrier, a manufacturer that was […]

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Start Worrying About Emerging Markets

A confluence of factors appears to be raising rather than lowering the risks to emerging markets. Start with debt levels. While many companies have sought to pay back their dollar loans, the level of foreign-currency debt in emerging markets — uncovered by foreign-currency revenue or hedges — remains worryingly high. U.S. dollar credit to overseas nonbank borrowers has […]

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