One way or another, the situation is Cyprus likely marks a major turning point in the eurozone crisis. It could be the beginning of true disaster for the zone, eventually leading to a series of sovereign debt defaults and possible exits from the euro area. It could also be the point at which we learn […]
A decline in America’s leadership role and the emergence of a highly unstable world is a serious possibility. In reality, decline is not a foregone conclusion but a deliberate political choice that builds from a failure to define what matters most to the nation. It is imperative for the United States to articulate principles to […]
When a friend behaves badly, it’s easy to take a time out. Stop taking their phones calls, pretend to be out when they come to apologise. But responsible nations don’t have the luxury of ignoring each other. That is why diplomacy can be a messy business, as India and Italy are learning this week. Read Here […]
China’s in deep, deep trouble, and its new leaders know it. The growth of the nation’s GDP has continued to slow every quarter since late 2010—though it did tick up slightly in the state’s latest quarterly report, published in January. But that’s just one of many problems. In the simple words of D&B Country RiskLine […]
Oil and gas have long held the promise of untold riches for Southeast Asian countries. Yet, success in the region has been mixed: Brunei has flourished and Malaysia has seen steady progress, but Burma, Cambodia, the Philippines, Vietnam and East Timor have struggled to exploit their reserves. Read Here – The Diplomat
The US$1.92 billion settlement reached between HSBC and the U.S. Department of Justice this past December over allegations of money laundering by the global bank served as a stark reminder to all financial institutions: The penalty for breaking sanctions against Iran and other blacklisted nations would not only be severe, but even the biggest institutions […]
No one really believed that the latest round of international negotiations with Iran over its nuclear program would produce a breakthrough. So it was no surprise that itdid not, despite the concessions that were made at the meeting in Kazakhstan by the P5+1 (China, France, Russia, the United Kingdom, and the United States, plus Germany). […]
For the first time, United States and Iran appear to have begun real negotiations. Though no agreement has been reached yet, the meeting in Kazakhstan this week was a relative success. Previous rounds of talks resembled stare-offs before boxing matches. They centered on coercion: the main motivator for concessions was the threat of new sanctions […]
As Pope Benedict XVI abdicates the papacy, retiring to a life of prayer and study, he leaves behind an admirable, if somewhat chequered, record in international relations. His influence in foreign affairs — like that of all popes — has been considerable. As a truly global body with over a billion members, the world’s oldest […]
In any other country, Silvio Berlusconi would have been a mortally wounded candidate. He is appealing a conviction for tax fraud, facing trial on charges of prostitution with a minor, and the last time he was in office in 2011, he stepped down amid fear that his clumsy handling of the economy would cause the country to collapse. But in […]
looking beyond borders 