Tuesday, November 5

Types of News: Analysis

Deeper analysis on world diplomacy, economics and geopolitics.

Big Tech May Pose Big Risks for Finance Firms, Consumers
25Jun By Patti MohrNo Comments
Big Tech, Digital Economy, Finance, Investing, Types of News: Analysis

Big Tech May Pose Big Risks for Finance Firms, Consumers

June 25, 2019 -- As big technology firms expand their services to include finance, it is poses new risks to consumers, competitors and financial systems. With large customer bases, access to massive amounts of data and the ability to scale-up quickly, technology-service providers like Alibaba, Amazon, Apple, Facebook, Google, Groupon and Tencent are poised to change the financial-services industry, international analysts say. A Ripe Opportunity for Growth Currently earning just 11 percent of their revenues from their financial services, many tech firms are eyeing the field as a means to make big profits. New services include payments systems, digital money, money management, insurance and lending. "Big techs have the potential to loom large very quickly as systemically relev...
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Britain, Ireland in Turmoil As Brexit Vote Cancelled
11Dec By Patti MohrNo Comments
Domestic Politics, Global Trade, Globalization, Global Disintegration, Political Systems, Domestic Politics, Types of News: Analysis

Britain, Ireland in Turmoil As Brexit Vote Cancelled

Dec. 11, 2018-A day after British Prime Minister announced she would not submit her Brexit deal to the parliament today as planned, both the draft plan she negotiated and her own political future face a potential end. May said the agreement her government negotiated with the European Union would have been rejected by the parliament had it gone to a vote. That leaves few options for Britain: schedule another parliamentary vote on the current deal, have a messy no-deal exit from European Union treaties and governance structures, or hold another U.K. referendum on whether to leave. Border and Money May said the deal would honor the result of the 2016 referendum that called for leaving the European Union. "We will take back control of our borders, by putting an end to the free m...
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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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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. 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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Reactions from Around the World to the Kim-Trump Meeting
13Jun By Patti MohrNo Comments
Communism, Dictatorship, Diplomacy, Sanctions, Types of News: Analysis

Reactions from Around the World to the Kim-Trump Meeting

NEWS ANALYSIS June 12, 2018--People say the devil is in the details. And with the joint statement signed by U.S. President Donald Trump and North Korean Chairman Kim Jong-Un, the world has very little details with which to judge the outcome. In essence, the statement speaks to the leaders' intentions to establish relations between the two countries and to denuclearize the Korean Peninsula. It is non-binding, and it probably carries less wait in the world of global politics than any one of Trump's tweets. Still, it made for a good photo opportunity for both leaders. Promises Pledged Trump said he would guarantee security to the North Korean (DPRK) government regime and end joint U.S.-South Korean military exercises. Kim said he would work toward denuclearization of the Korean Pen...
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What’s Ahead for the Global Economic Order After G7 Summit?
11Jun By Patti MohrNo Comments
Global Economics, Global Trade, International Law, Legal Battles, Organizations, IMF, WTO, G7, Types of News: Analysis

What’s Ahead for the Global Economic Order After G7 Summit?

June 11, 2018--Before exiting early from the G7 Summit in Canada and withdrawing his endorsement for the joint communique, U.S. President Donald Trump negotiated an edit that has a major impact on the global economy. Specifically, Trump's team insisted on changing the phrase "the rules-based international order" to "a rules-based international trading system." While the edit may seem small, it may represent one of the most significant geopolitical shifts in 70 years. The change from "the" to "a" indicates that Trump -- and now also the other six signers of the 2018 communique -- no longer support the rules-based international order that the United States and its allies put in place in the post-World War II world. Instead, they now support a theoretical system, however abstract or ...
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In 2018, Russian Economy Carried On Amid Sanctions
23Mar By Patti MohrNo Comments
Global Trade, Globalization, Global Disintegration, Sanctions, Types of News: Analysis

In 2018, Russian Economy Carried On Amid Sanctions

March 23, 2018-Despite four years of sanctions, the Russian economy appears stronger and more immune to sanctions from the United States and the European Union. As tensions continue to rise and new sanctions go into effect, many Russians who adapted to trade restrictions with the West appear to shrug off the threat of new measures. The economy now grows at a rate of 1.7 percent, having fully recovered from its recession. It is worth asking, what effect the sanctions are having on the Russian economy? In the following article, the Global Economic Report looks at the ways the country overcame sanctions to resume economic growth. Four Years of Sanctions Since Russia annexed the Crimea from the Ukraine in 2014, it has faced sanctions from the European Union and the United States. In March of...
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Trump Adds ‘Human Rights’ to Foreign Policy Agenda
13Mar By Patti MohrNo Comments
Democracy, Diplomacy, Human rights, Types of News: Analysis

Trump Adds ‘Human Rights’ to Foreign Policy Agenda

March 13-In an apparent shift in strategy, U.S. President Donald Trump now views human rights as an essential part of its "American First" foreign policy, a White House release said on Monday. The statement carefully interposed the idea of human rights between respect for national sovereignty and American values. "As a corollary, governments have a responsibility to their citizens," the White House statement asserted, while referencing Trump's speech before the UN General Assembly last September. "In other words, legitimate national sovereignty must begin with a respect for human rights." While the United States government has traditionally included democracy promotion and human rights as part of its foreign policy umbrella, Trump differentiated himself by putting forward a differ...
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