Tuesday , 16 December 2025

Opinion

Don’t give up on the Arabs

  As President Obama visits Saudi Arabia, here’s a surprising snapshot of what young Arabs think: They’re scared about the IS and terrorism; they yearn for more freedom and gender equality; they fear that the Arab Spring has made life worse; and they’re increasingly sceptical about the role of traditional religious values. If these Arab reactions seem similar to what …

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Signing of Paris accord vital to tame warming

  The world is holding its breath ahead of epochal event on April 22 at the United Nations in New York, where global leaders are expected to sign the landmark Paris accord adopted at a UN summit in December last year to limit global warming. The day, interestingly, is also World Earth Day. The event will be closely watched by …

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The growing cost of being poor in America

  Mark Whitehouse Being poor in the U.S. can be expensive. Judging from the latest inflation data, it’s becoming more so. Overall, inflation isn’t much of a problem in the U.S. For the past several years, the Federal Reserve has been struggling to get its preferred measure of consumer-price inflation up to its target of 2 percent — and many …

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The trouble with Cambodia’s new law on trade unions

  Cambodia’s National Assembly has adopted a Law on Trade Unions but labor groups, human rights advocates, and opposition politicians warn that it could be used to stifle the workers’ movement in the country. Despite the delay in its passage caused by protests, the bill was unanimously approved by the members of the ruling party without amendment. The draft law …

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China’s Mediterranean Odyssey

“Let the ship sail and bring the Golden Fleece,” said China Ocean Shipping Company (COSCO) Chairman Xu Lirong on April 8, after the state-owned shipping giant sealed a deal to purchase the Greek port of Piraeus, southwest of Athens. Beyond the romantic evocations of Greek heroes such as Jason and the Argonauts, this “made in China” golden fleece amounts to …

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Did Occupy Central Movement really fail?

  Now that Joshua Wong, former student leader of Scholarism and one of the forces behind the Occupy Central Movement, has started a political party, it may be a good time to look back on what initiated this newest phase of Hong Kong’s politics: the Umbrella Movement. One imagines that Joshua Wong, Chan Ho-Tin of the Hong Kong National Party, …

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China’s future may be sleepier than you think

  The debate over how China’s economy might evolve over the next decade generally breaks down into two opposing cases. Bulls are confident that Chinese leaders will make the hard reforms needed to clean up local government debt, reform state companies, open more markets to private-sector competition and liberalize the financial sector. This should enable China to achieve another 10-15 …

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Brazil’s economy needs a saviour

  Brazilian business leaders and the opposition count on looming impeachment of embattling President Dilma Rousseff, with hope to bail out the country from a deep recession to revive the sagging economy. The economic woes Brazil is experiencing and charges against Rousseff to have illegally manipulated public accounts in order to conceal a budget deficit during an election year, have …

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Watch the budget deficit, not the debt

  Narayana Kocherlakota I’m often asked: What level of government debt can the U.S. sustain? The answer is that it can handle a lot more. What’s much more important is its longer-term ability to reduce the federal budget deficit — and eventually run a surplus. Before I explain, let’s define some terms. Debt refers to the value of all securities …

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The real accomplishments of G7 foreign ministers meeting

  The G7 meeting held in Hiroshima last weekend marks a major diplomatic accomplishment for Japan. In addition to their Joint Communique, appropriate to the location of the meeting, the G7 foreign ministers adopted the Hiroshima Declaration on Nuclear Non-Proliferation and Disarmament following the meeting. Two additional statements–one on maritime security and the other on general non-proliferation and disarmament—were also …

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