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looking beyond borders

foreign policy and global economy

Archive for the tag “Economy”

Populism’s Common Denominator

What unites supporters of authoritarian, upstart politicians like US President Donald Trump and Brazilian President-elect Jair Bolsonaro is revulsion against the corruption of the political process. But voters will learn the hard way that strongman rule exacerbates rather than mitigates corruption.

Read Here – Project Syndicate

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Facing Sanctions, Iran Pioneers Framework For Cooperation With Russia, China And India

With Iran’s convening of its first “Regional Security Dialogue” summit in late September 2018 with deputy national security advisors from Russia, China, and India, Tehran has taken a significant step toward creating a multilateral framework for Eurasian security cooperation in the face of renewed U.S. sanctions.  Ostensibly devoted to combatting terrorism in Afghanistan, the summit’s concluding declaration indicates a wide-sweeping stabilisation agenda extending from Syria eastward to include all of Central Asia.

Read Here – Daily News

China’s Middle Class Tightens Its Belt

The sea change in consumer behaviour has apparently worried Beijing. In September, China’s cabinet pushed for supportive mechanisms to boost consumption, following its move in August to raise the threshold for collecting income taxes to 5,000 yuan per month from the previous 3,500 yuan.

Read Here – Nikkei Asian Review

Is A Thaw Coming In US-China Relations?

The news about U.S.-China relations has been decidedly negative lately, particularly since U.S. Vice President Mike Pence’s fiery speech criticising the Chinese government on October 4. But now, amid the trade war and continuing tensions in the South China Sea, there are glimmers of hope for a thaw.

Read Here – The Diplomat

With Public Opinion Now “Swinging Towards Remain”, May’s Deal Looks Less Likely Than Ever

Is the United Kingdom swinging against Brexit? That’s the conclusion of a 20,000-person mega-poll by Survation for Channel 4, which finds that Remain leads Leave by 54 to 46 per cent. The poll comes with the warm glow of being produced by the one traditional polling company to get the 2017 election result right, and also its size, but it is, of course, just one poll. It does, however, echo the general shift towards Remain that most polls have shown.

Read Here – New Statesman

Regional Risks Of Rising U.S.-Iran Rivalry

The U.S. is pursuing a “maximum pressure” campaign against Iran that includes the re-imposition of key energy and banking sanctions. With Tehran refusing to capitulate over its nuclear program or regional policies, the U.S.-Iran rivalry could escalate across the region.

Read Here – International Crisis Group

A Hundred Years After The Armistice

In the five weeks since the Germans first requested peace negotiations, half a million casualties had been added to the war’s toll. As the delegates talked, Germany continued to collapse from within: inspired by the Russian Revolution, workers and soldiers were forming soviets, or councils.

Read Here – The New Yorker

How Trump Is Helping China

China’s leaders have long known that the economy has outgrown the world market, and is desperately in need of rebalancing. But, thanks to Donald Trump’s trade war, they are now pursuing that goal with a new sense of urgency, suggesting that US pressure may well end up being a blessing in disguise for China.

Read Here – Project Syndicate

The Chinese Century Is Well Under Way

When scholars of international relations predict that the 2000s will be a “Chinese century”, they are not being premature. Although America remains the lone superpower, China has already replaced it as the driver of global change.

Read Here – The Economist

The U.S. Economy Is Great, Really, For Now

Trump haters may be tempted to conclude from all this that he is about to lead America into a sudden decline, but that is not the point. This American decade started under President Obama, continued under Mr. Trump and survived congressional gridlock throughout, showing that the economy often rises above politics. The economy is driven less by ideology than by its own internal cycles, and this cycle has been turning in America’s favor for so long that it is unlikely to last much longer.

Read Here – New York Times

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