Peter's Feed
May 20, 2012

Birth of new Greek drachma would be pained, rushed

WASHINGTON (Reuters) – If or when policymakers finally decide Greece should leave the euro, the exit could happen so quickly that “new drachma” currency notes might not be printed in time.

In principle, some of the long-term consequences of Athens leaving the currency bloc are not unappealing. The euro zone would no longer have to worry about what has always been its weakest link. While a new Greek currency would almost certainly immediately crash in value as soon as it was issued, in doing so it would make the Greek economy much more competitive.

May 17, 2012

Insight: Swing states: Could Europe decide the U.S. election?

NAVARRE, Ohio/WASHINGTON (Reuters) – The busy shop floor at Miller Weldmaster Corp could make a great location for an Obama campaign ad.

As workers assemble the family-owned company’s hot-air fabric welders, used to manufacture everything from inflatable rafts to truck tarps, it’s hard to know the recession of 2007-2009 ever happened.

May 17, 2012

Swing states: Could Europe decide the US election?

NAVARRE, Ohio/WASHINGTON, May 17 (Reuters) – The busy shop
floor at Miller Weldmaster Corp could make a great location for
an Obama campaign ad.

As workers assemble the family-owned company’s hot-air
fabric welders, used to manufacture everything from inflatable
rafts to truck tarps, it’s hard to know the recession of
2007-2009 ever happened.

May 8, 2012

Tech, tactics ramp up pressure on militant groups

WASHINGTON (Reuters) – Despite quietly dropping the phrase “war on terror”, when it comes to battling worldwide militant networks the success of the United States and its allies goes well beyond the killing of Osama bin Laden.

With Britain deploying surface to air missiles, fighter jets and warships around London ahead of the Olympic Games, the threat of devastating attacks on Western nations has not gone away — and few believe it can ever be eliminated.

Apr 30, 2012

Jury still out on international war crimes system

WASHINGTON (Reuters) – Former Liberian President Charles Taylor’s war crimes conviction may be seen in some quarters as a victory for global justice, but a backlash against costly, lengthy international tribunals is also underway.

Found guilty of aiding and abetting a host of crimes including murder, rape and torture as well as arming brutal Sierra Leonean rebels, Taylor became the first head of state to be convicted by an international tribunal since the Nuremberg Trials after World War Two. He will be sentenced on May 30.

Apr 29, 2012

Analysis: Obama falls short of meteoric expectations abroad

WASHINGTON (Reuters) – It was not just U.S. Democratic voters who were looking forward to “hope and change” when Barack Obama became the 44th U.S. president.

Around the world, many anticipated the United States would behave very differently under the new leader. They wanted to hear less about Americans swaggering and throwing their weight around. Some, perhaps, wanted more talk of U.S.-style freedom and democracy, but not if it meant Washington imposing its will.

Apr 15, 2012

Beyond monitors, world deeply divided on Syria

WASHINGTON, April 14 (Reuters) – With a cease-fire barely
holding and the deployment of unarmed foreign observers expected
to ease but not end months of violence, world powers are still
struggling to find a longer-term strategy for Syria.

After heavy diplomatic wrangling, the United Nations
Security Council on Saturday finally approved the deployment of
what could be several hundred monitors amid reports of sporadic
ongoing fighting.

Apr 12, 2012

Romney defines hawkish yet murky foreign policy

WASHINGTON (Reuters) – As he locks down the Republican nomination for U.S. president, Mitt Romney is framing what looks to be a decidedly hawkish foreign policy.

But should the former Massachusetts governor defeat Democratic President Barack Obama in November, it remains far from clear how he actually would tackle what his own website describes as a “bewildering array of threats and opportunities.”

Apr 12, 2012

Analysis: Romney defines hawkish yet murky foreign policy

WASHINGTON (Reuters) – As he locks down the Republican nomination for U.S. president, Mitt Romney is framing what looks to be a decidedly hawkish foreign policy.

But should the former Massachusetts governor defeat Democratic President Barack Obama in November, it remains far from clear how he actually would tackle what his own website describes as a “bewildering array of threats and opportunities.”

Apr 3, 2012

Melting Arctic may redraw global geopolitical map

WASHINGTON, April 3 (Reuters) – This year’s frenzy of oil
and gas exploration in newly accessible Arctic waters could be
the harbinger of even starker changes to come.

If, as many scientists predict, currently inaccessible sea
lanes across the top of the world become navigable in the coming
decades, they could redraw global trading routes — and perhaps
geopolitics — forever.

    • About Peter

      "Peter Apps is political risk correspondent for Europe, the Middle East and Africa, covering a range of stories on the interplay between politics, economics and markets. Previously, he was emerging markets correspondent based in London after postings in southern Africa and Sri Lanka. His neck was broken in a vehicle smash on assignment in Sri Lanka in 2006, leaving him largely paralysed from the shoulders down."
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