Saturday, December 28

Author: Patti Mohr

Patti Mohr is a U.S.-based journalist. She writes about global diplomacy, economics, and infringements on individual freedom. Patti is the founder of the Global Economic Report. Her goal is to elevate journalistic principles and share the pursuit of truth in concert with others.
A Closer Look At Central America as Migrant Caravan Pauses in Mexico City
8Nov By Patti MohrNo Comments
Migration, Immigration, Borders, Types of News: Analysis

A Closer Look At Central America as Migrant Caravan Pauses in Mexico City

Nov. 8, 2018--Under pressure from U.S. President Donald Trump to stop the flow of migration coming from their countries, the presidents of Guatemala and Honduras are urging migrants to return home and calling for an investigation to determine the cause of the latest waves of migration. Honduran President Juan Hernández said the migrants "were tricked into embarking on this irregular crossing, which was organized for political ends," Xinhua news reported. He promised to generate more jobs for Hondurans by investing in infrastructure. Meeting with Hernández on Monday in Tegucigalpa, Guatemala President Jimmy Morales said he shares his concerns and wants to prosecute people who incited and directed the migration caravan. "We are very much in agreement with President Hernández and we ...
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U.S. Debt Doubles Under A Decade of Deficits
5Nov By Patti MohrNo Comments
Currency, Debt, National Budgets & Interest Rates, Types of News: Analysis

U.S. Debt Doubles Under A Decade of Deficits

Nov. 5, 2018--The U.S. national debt doubled over the last decade, from $10 trillion in 2008 to over $21 trillion this year, as the government continually spent more money than it raised in revenue. The largest deficits came during the Obama Administration in the aftermath of the 2008-09 global financial crisis: $1.4 trillion in 2009, $1.29 trillion in 2010 and $1.3 trillion in 2011. The U.S. economy had fallen into recession at the end of 2007 and did not begin to recover until June 2009. By 2014, however, the economy resumed steady annual growth. National Debt Even during today's relative strong economic growth period, annual deficits are reaching close to $1 trillion a year. The annual deficit is projected to reach $833 billion this fiscal year and $984 billion in FY2019. As ...
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New U.S. Sanctions Against Iran Go Into Effect
5Nov By Patti MohrNo Comments
Energy Policy, Oil & Gas, Global Trade, Sanctions, Types of News: Brief

New U.S. Sanctions Against Iran Go Into Effect

Nov. 5, 2018--Six months after pulling out of the six-party nuclear deal, the United States has launched new sanctions against Iran, impacting its banks, shipping industry, businesses and individuals. The sanctions block assets and transactions on over 900 targets, many of them newly named. "They'll be the toughest sanctions ever placed against the Islamic Republic of Iran," U.S. Secretary of State Mike Pompeo said on Sunday in an interview with CBS News. The sanctions mean that companies doing business with both the U.S. and Iranian firms will have to make a choice: Pick a side. You cannot do business with both countries. According to Pompeo, some business leaders quit conducting business in Iran based on the U.S. decision to withdraw from the six-party nuclear deal. "European co...
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U.S. Firms Sold Saudi Arabia $139 Billion of Weapons in Last 10 Years
31Oct By Patti MohrNo Comments
Arms Sales, Military Industry, Geopolitics, Types of News: Brief

U.S. Firms Sold Saudi Arabia $139 Billion of Weapons in Last 10 Years

October 31, 2018-U.S. defense companies sold the Kingdom of Saudi Arabia nearly $139 billion of military equipment and defense services over the last 10 years. That's more than the $110 billion in sales projected for the next 10 years. International arms sales to the kingdom are coming under greater scrutiny in the aftermath of the killing of journalist Jamal Khashoggi by Saudi Arabian officials in Istanbul, Turkey on Oct. 2. Last week, the European Parliament passed a resolution urging member states to ban arm sales to Saudi Arabia. Some U.S. lawmakers, like Sen. Rand Paul, R-Ky., are urging colleagues to to do same. Ongoing Arms Sales The highest grossing year of sales to the Saudi military for U.S. defense companies was 2010 with $60.9 billion of sales. Sales include Chinook, Apache ...
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United States Named ‘Most Competitive’ Economy
19Oct By Patti MohrNo Comments
Global Economics, Globalization, Global Disintegration, Types of News: Brief

United States Named ‘Most Competitive’ Economy

October 19, 2018--The most competitive economies in the world today are the United States, Singapore, Germany, Switzerland and Japan, according to an annual assessment by the World Economic Forum. The annual report provides a snapshot of the business landscape within 140 countries based on a criteria thought to support economic growth. U.S. Innovation & Dynamism Rising one spot over last year's number two spot, the United States ranks the highest this year. The high score of 85.6 on a 100-point measurement scale is due mainly to it business culture, labor market and financial system. The United States ranked less well, however, on other quality measures such as health, judicial independence, corruption and checks and balances. It's life expectancy of 67.7 years ranks 46th on th...
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Businesses Begin to Feel the Bite of a Global Trade War
26Jun By Patti MohrNo Comments
Global Trade, Types of News: Analysis

Businesses Begin to Feel the Bite of a Global Trade War

June 26, 2018 - As a growing list of tariffs and retaliatory tariffs take effect, businesses are beginning to feel the economic impact. Manufacturers worldwide are bracing for the change and considering ways to manage. Importers and Exporters Impacted Manufacturers in Guangdong, China, for instance, say they are consider setting up factories in countries like India, Vietnam and Mexico, shipping their products to the United States through other countries first and charging U.S. buyers more. While the impact might be relatively small for Chinese industry as a whole, individual industries and companies, such as automotive suppliers, would be hit hard, according to South China Morning Post reporting. Companies making metal products who are exposed to both tariffs and counter tariffs on st...
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U.S. Lacks Funds to Handle Migrants, Asylum Cases, Trump Says
25Jun By Patti MohrNo Comments
Migration, Immigration, Borders, Types of News: Brief, United States

U.S. Lacks Funds to Handle Migrants, Asylum Cases, Trump Says

June 25, 2018-The United States not only has "the worst immigration laws in the history of the world," it also lacks the funds and resources to deal with migrants crossing its borders, President Donald Trump said late last week as he met with his Cabinet. The statements came just before the U.S. Congress set aside immigration legislation and as the federal government came under scrutiny for separating migrant families. Blame the Other Party Congress appears to be stalemated despite the need to clarity U.S. immigration laws and despite the fact that tens of thousands of migrants are crossing into the United States from Mexico and Central America each year. According to the White House, 200,000 unaccompanied minors migrated to the United States since 2014. "So [Democrats] want us to ...
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As Gov’t Begins Reuniting Families, Congress Sets Immigration Reforms Aside
23Jun By Patti MohrNo Comments
Corruption, Bribes, Illicit Finance & Money Laundering, Migration, Immigration, Borders, Types of News: Brief, United States

As Gov’t Begins Reuniting Families, Congress Sets Immigration Reforms Aside

June 23, 2018-As the U.S. government began reuniting migrant children with their parents, who are being held for illegally crossing the U.S. border, the prospects for immigration reform in Congress appeared dead. The massive migration from Central America to the United States and the U.S. government's inability to handle it have created a crisis with both human and economic costs. The issues involved relate to bureaucratic incompetence, human smuggling, transnational crime, and a broken political system. Many Children And Parents Remain Apart Under pressure mounting pressure from an outrages public, the U.S. government started reuniting parents held under prosecution with their children. According to CBS News, the government returned 500 of the 2,300 children held in detention centers wi...
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U.S. Struggles to Clarify Laws on Immigration
21Jun By Patti MohrNo Comments
Migration, Immigration, Borders, Types of News: Analysis, United States

U.S. Struggles to Clarify Laws on Immigration

June 21 -- A day after U.S. President Donald Trump signed an executive order to reverse his administration's policy of separating children from their parents as the parents are prosecuted, Congress took up legislation to reform the nation's immigration and employment laws. If legislation is enacted, it would make sweeping changes to policies affecting political asylum, guest worker programs, employment-verification requirements,  transnational criminal organizations, border security and the legal status of foreign-born people who were brought to United States as children. But the question of "if" is a big one. A Longstanding Impasse Congress's track record in enacting immigration legislation is not good. Despite the need to clarify the nation's laws, its members have not enacted m...
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“This is the third time the United States and North Korea have started down this path toward denuclearization and normalization of relations. Previous efforts failed not just because the North Koreans cheated, but because neither side fulfilled its commitments.”
15Jun By Patti MohrNo Comments
Diplomacy, Sanctions, Types of News: Quotes

“This is the third time the United States and North Korea have started down this path toward denuclearization and normalization of relations. Previous efforts failed not just because the North Koreans cheated, but because neither side fulfilled its commitments.”

Third Time Is A Charm? In analyzing the Trump-Kim Summit, Rand Corp. Senior Fellow James Dobbins says sustainable progress in dismantling North Korea's nuclear infrastructure would take 10-15 years. "At least one of the two leaders will no longer be in office by then," Dobbins said. "And the United States can never be certain that Pyongyang has surrendered every single nuclear weapon." He credits South Korean President Moon Jae-in for negotiating a path forward with North Korea and the warming relations between Kim and Trump. If nothing else, the summit may provide relief to most Americans and Koreans agitated last year by the heated rhetoric and threats of a nuclear showdown between Trump and Kim. For more, see the Rand Corp. blog piece, 'Why This Wasn't Kim's Father'. &nb...
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