Global News Journal

from MacroScope:

Spend Save Man Woman

May 28, 2010

Far from being lauded as a virtue, China's high savings rate has been blamed for the economic imbalances underlying the global financial crisis. The criticism being that the Chinese spend too little and rely too much on exporting to Western consumers.

from Pakistan: Now or Never?:

Between golf and war, Pakistan’s General Kayani’s future is debated

May 26, 2010

kayani profileThe Pakistan Army prides itself on being an institution which rises above politics and personal ambition, committed to defend the interests of the nation. That this has not always been the case is demonstrated by its history of military coups, and a tendency of past military rulers, from General Zia ul-Haq to former president Pervez Musharraf, to impose a very personal brand of leadership.  Where Zia pushed Pakistan towards hardline Islam, Musharraf aimed at "enlightened moderation" in a country he wanted modelled more on Turkey than on Saudi Arabia.

from Pakistan: Now or Never?:

In Pakistan, making sense of the “do more” mantra

May 19, 2010

damadola2White House National Security Adviser Jim Jones and CIA director Leon Panetta are visiting Pakistan to step up pressure on militant groups following this month's failed car-bombing in New York's Times Square. But what specifically do they want from Pakistan in what has now become a familiar "do more" mantra from the U.S. administration?  That, as yet, is not entirely clear.

Managing in a crisis, EU style

May 11, 2010

EU cube

 

Never let it be said that the European Union doesn’t get things done.

It may have a slightly maddening way of going about it — last-minute, late-night summits, hours and hours of sweaty, closed-door negotiation, multiple conflicting plans put forward by the likes of the Finns, the Italians and, who knows, the Estonians – and then, hey presto, like the proverbial rabbit out of a hat, at 2 in the morning, a $1 trillion deal to haul the world back from the debt-crisis abyss. All in the name of European unity.

from Tales from the Trail:

The coming conflict with China

May 11, 2010

2008 was the last presidential election when voters didn't know or care about the candidates views on China, argues political risk analyst Ian Bremmer.

U.S., Russia in push to crack down on UN Security Council leaks

April 9, 2010

The good old days -- the U.N. Security Council before the move.

The United States, Russia and China are quietly backing moves to  exclude “unnecessary” elements from closed meetings of the U.N. Security Council to prevent leaks to the media on sensitive issues like Iran and North Korea, U.N. officials and diplomats told Reuters. They also support moves to reduce reporters’ contact with delegates outside the council chamber. But the new measures have sparked a furor among journalists and less powerful members of the United Nations, who argue that the steps are discriminatory and will make what they say is a secretive Security Council even less transparent.

from Afghan Journal:

Standing by your friends:India, U.S. push ahead with nuclear deal

March 31, 2010

OBAMA-INDIA

For all the hand-wringing in India over getting sidelined by the United States in its regional strategy,  the two countries have gone ahead and just completed an important deal on the reprocessing of spent nuclear fuel from reactors to be built in India.

from Pakistan: Now or Never?:

Iran’s role in Afghanistan

March 27, 2010

ahmadinejadkarzaiIran has been hosting regional leaders, including Afghan President Hamid Karzai, to celebrate the Persian New Year, or Nowruz (a spring festival whose equivalent in Pakistan, incidentally, is frowned upon by its own religious conservatives).

from Pakistan: Now or Never?:

General Kayani in Washington; Pakistan’s most powerful man

March 21, 2010

kayani profileSo much for democracy. When Pakistan holds a "strategic dialogue" with the United States in Washington this week, there is little doubt that the leading player in the Pakistani delegation will be its army chief, General Ashfaq Kayani.

Sniping mars EU image and unity

February 24, 2010
Herman Van Rompuy

Herman Van Rompuy

The European Union seems to have developed a habit of shooting itself in the foot.