By George Friedman A few months ago, Ukrainian President Viktor Yanukovich was expected to sign some agreements that could eventually integrate Ukraine with the European Union economically. Ultimately, Yanukovich refused to sign the agreements, a decision thousands of his countrymen immediately protested. The demonstrations later evolved, as they often do. Protesters started calling for political … Continue reading Perspectives on the Ukrainian Protests
The International Monetary Fund (IMF) concluded its consultations with Peru this week. Peru’s economy continues to be a leader in high growth and low inflation in the region, which has been achieved through a prudent macroeconomic policy implementation, a far-reaching structural reform agenda and taking advantage of the benign external environment. No least due to … Continue reading IMF sees Peru’s economy as high growth leader
by Ralph Benko Following President Obama’s lead, the Democrats are seeking to make income inequality the wedge issue of the 2014 Congressional and Senate elections. This unquestionably addresses an issue that — after forty years of middle class family wage stagnation — resonates with voters. Yet the Republicans, thanks to Sen. John Cornyn (R-Tx) and Rep. Kevin Brady … Continue reading How The Republicans Can Win The Upcoming Battle Over Income Inequality
A panel entitled The Pacific Alliance Promise was held at the World Economic Forum in Davos, Switzerland. It was attended by Mexican President Enrique Peña Nieto and Colombian President Juan Manuel Santos, Peru's Prime Minister César Villanueva, and Chilean Finance Minister Felipe Larraín. At the gathering the panelists discussed the challenges of this alliance, formed by … Continue reading LatAm’s Pacific Alliance highlighted at Davos
Brazilians see themselves as cheerful, hospitable, and peaceful, yet this picture is contradicted by data on violence and crime. Brazil is the 18th most violent nation in the world, according to the Avante Brasil Institute. The 2013 Human Development Report of the United Nations Development Programme (UNDP) pointed out that insecurity is an obstacle to … Continue reading Brazilian Economy: The Price of Violence
by Ralph Benko Possibly the most powerful, and dangerous, euphemism in politics today is “progressive.” This writer has many cherished progressive friends. He considers them beautiful… but, often, misguided. Yet perhaps they are more “guided” than he has supposed. Perhaps progressives, many of them, are precision guided. A pattern is emerging. That pattern is to … Continue reading Tōˌtaliˈte(ə)rēəns Among Us?
By Robert D. Kaplan Many years ago, I visited Four Corners in the American Southwest. This is a small stone monument on a polished metal platform where four states meet. You can walk around the monument in the space of a few seconds and stand in four states: Arizona, New Mexico, Colorado and Utah. People … Continue reading Elections Don’t Matter, Institutions Do
The world economy is projected to strengthen this year, with growth picking up in developing countries and high-income economies appearing to be finally turning the corner five years after the global financial crisis, says the World Bank’s newly-released Global Economic Prospects (GEP) report. The firming of growth in developing countries is being bolstered by an … Continue reading World Bank warns of emerging markets risks
By Ralph Benko One year ago, between the re-election and re-inauguration of Barack Obama, the Vast Left Wing Conspiracy met and mapped out three major strategic goals. These are designed to seize plenary control over the US government and, thereby, America. This is not “black helicopter” paranoia. It was reported candidly in the pretty hard … Continue reading Can The Left’s “Mad Tea Party” Beat The Tea Party?
By Fred Burton and Ben West On July 6, the Indian government issued a warning to railroad operators and users after Maoist rebels -- known as Naxalites -- declared a "bandh," a Hindi word meaning stoppage of work, in eastern India. When a bandh is declared by the Naxalites, it carries with it an implied … Continue reading A Closer Look at India’s Naxalite Threat
Inflation used to be the main focus for European central bankers’ interest rate policy as prices rose forever upward. Now their main fear as we begin 2014 is the reverse scenario - the risk of deflation. It is potentially a huge problem, as falling prices mean that consumers do not buy goods because they expect them … Continue reading Three reasons why deflation won’t take hold in the Eurozone
By Marc Lanthemann The 20th anniversary of NAFTA's implementation on Jan. 1 has revived some of the perennial arguments that have surrounded the bloc since its inception. The general consensus has been that the trade deal was a mixed bag, a generally positive yet disappointing economic experiment. That consensus may not be wrong. The history … Continue reading NAFTA and the Future of Canada, Mexico and the United States
by Ralph Benko Many hands are being wrung among the elite governing class about Congressional gridlock. The Democrats have invoked the “nuclear option” — allowing the Senate majority in effect to prevail by simple, rather than 60%, majority. (This will come back to haunt them if majority control turns Republican in next year’s election.) Fortunately … Continue reading Government Gridlock, Saving America From Even Worse Laws