In the sixth and final installment of the virtual roundtable, Marc Chandler discusses China’s economic growth prospects in the current transitional period.
In the sixth and final installment of the virtual roundtable, Marc Chandler discusses China’s economic growth prospects in the current transitional period.
Obama has set out to improve economic and political ties with the country since the election of Mauricio Macri, a centrist pro-market president that vowed to break from the Kirchner legacy.
Devaluation is the word of the day in oil exporting countries. Whether it is the Nigerian naira, the Venezuelan bolívar, or the Russian rouble, low oil prices are wreaking havoc in oil exporting economies and on their national currencies.
Chavez’s 21st century socialism has failed, pushing Venezuela to the brink of a major humanitarian crisis.
China watchers around the world are alarmed at the significant fall in Chinese stock markets. But Beijing may have a few tricks up its sleeve.
If General Dunford is right, perhaps now is the time to reconsider military assistance to the Ukraine.
Much to the expectation of eurozone pundits, Riga’s April 24 gathering of euro finance ministers made little progress in terms of reaching an agreement for Greece’s comprehensive list of reforms.
On Wednesday, Brazilian President Dilma Rousseff tried to salvage the damage caused by the Petrobras scandal by issuing a wave of anti-corruption measures.
In a disturbing yet somewhat surreal turn of events, Ukrainian president Petro Poroshenko unveiled his latest weapon in the ongoing war with Russian separatists in the East: a Cabbage Patch Kids-style ragdoll.
From the outset, let me make one thing clear: Al-Shabaab, and its extremist world view is neither constructive nor sustainable. This extremist neo-Islamist group represents one of a two nihilistic worldviews that dominated the twenty first century political discourse—global (dysfunctional) jihadism and global war on terrorism. Both, due to their applied mantra—with hammer, all problems […]
Like many other African countries, Mozambique has enormous potential, but there are many gaps to fill. Led by its natural resources, the economy has been booming with real GDP growth reaching 7.4 percent in 2012, seven percent in 2013 and is predicted to reach 8.5 percent between 2014–16, according to the World Bank. London based […]
Any unchecked authority or power—especially when involving monies—ultimately leads to corruption. That is why it is necessary to put in place mechanisms to monitor, audit, reward, and, when necessary, punish.All laws stemming from a moral or a legal code are based on a system of rewards and punishments. By corruption I mean: Abuse of authority […]
How serious is China about “the introduction of a new reserve currency to replace the dominant U.S. dollar,” one of its proposed steps for creating the “de-Americanized world” that the official Xinhua news agency called for in the run-up to the denouement-cum-deferral of the U.S. fiscal crisis? American commentators’ responses have ranged from the […]
Watching the news these days and hearing about yet another austerity plan being implemented in some European country usually requires a shake of the head and a rueful look directed at the television for most people. I’m not sure what else can possibly be cut, but it seems there is always more to take away […]
In late 2012, vulture funds came to light with the bold seizure of an Argentine naval vessel, the ARA Libertad, in the Ghana port city of Tema. After two-and-a-half months under the control of the U.S.-based vulture fund NML capital — run by billionaire Paul Singer — the International Tribunal for the Law of the Sea in […]