Thursday, April 17

Types of News: Analysis

Deeper analysis on world diplomacy, economics and geopolitics.

The End Of A Laissez-Faire Economy?
Globalization, Global Disintegration, Types of News: Analysis, United States

The End Of A Laissez-Faire Economy?

Photo by Yibei Geng October 10, 2022—Free-market economies where business drives decisions based on supply and demand is still a concept. But many analysts are now asking how diligently is that concept being followed in practice? 'New Rules' for Business? Writing for the Financial Times, columnist Rana Foroohar says business leaders now have new rules to follow to succeed. For one, they need to cozy up to political bigwigs in Washington, D.C. It is not just that President Joe Biden and the Democratic-led Congress are enacting industrial policies, it is also a time of where the global economy is getting more competitive. Supply chains are regrouping and former trading partners are breaking up, or "decoupling." Ms. Foroohar says the U.S. government is not "yet in the business ...
Venezuela’s Communist Control Of The Economy Cracks Open An Inch
Communism, Dictatorship, Types of News: Analysis

Venezuela’s Communist Control Of The Economy Cracks Open An Inch

Editor's Note: The Venezuelan economy is one of the most repressed in the world. In fact, the country ranks next to last on the Heritage Foundation's 2022 Economic Freedom Index. The only country with worse rankings is North Korea. But there are a few signs the country's leaders are seeing at least some value in the capitalist model. Even as Venezuela's President Nicolas Maduro courts despots in Iran and Algeria, he is opening up the government's ownership of some parts of the economy, at least a crack. The story below is by Ernesto Rodriguez. Source: My Expat Diary June 10, 2022—If you’ve been following Venezuela’s and Latin America’s news, you might have seen something extremely curious: Predictions of growth from the Venezuelan economy. They come from various places: the Intern...
Why JP Morgan’s Jamie Dimon Warns About An Economic ‘Hurricane’
Global Economics, Types of News: Analysis

Why JP Morgan’s Jamie Dimon Warns About An Economic ‘Hurricane’

And How He Is Preparing For The Storm As Head Of One Of The World's Largest Banks JP Morgan head Jamie Dimon spoke at Bernstein's Annual Strategic Decisions Conference on June 1, 2022. June 7, 2022—When Jamie Dimon, chairman and CEO of JP Morgan Chase, warned about an economic "hurricane" on the horizon, much of the world of news and finance took notice. It's not just that Dimon heads up one of Wall Street's largest and most successful firms, it's that he is often right. Moreover, Dimon is normally an optimist. “It's a hurricane,” Dimon said. "Right now, it’s kind of sunny, things are doing fine. Everyone thinks the Fed can handle this. That hurricane is right out there down the road coming our way. We just don’t know if it’s a minor one or Superstorm Sandy or Sandy or Andrew or ...
Presidential Election in France Shows Populism Is Still Alive
Domestic Politics, Europe, EU, Eurozone, Globalization, Global Disintegration, Types of News: Analysis

Presidential Election in France Shows Populism Is Still Alive

French President Emmanuel Macron Faces Run-Off With Right-Wing Candidate Marine Le Pen April 20, 2022—This Sunday's French election happens in the midst of various crises. For one, while most of Europe has loosened Covid-related restrictions, the pandemic and its economic damage are still present. At the same time the continent is dealing with the biggest war it's seen since the 1990s when Yugoslavia imploded. In that regard, the two candidates for the top job of the French government couldn't be more different. On one side is Emmanuel Macron, the incumbent president who at the age of 44 has become the heir-apparent to Germany’s Angela Merkel for leading European diplomacy. (Merkel retired at the end of 2021, making way for a new German leadership.) On the other side is Marin...
Peru’s Protests Put Its President In An Uncomfortable Spot
Domestic Politics, Political Systems, Domestic Politics, Types of News: Analysis

Peru’s Protests Put Its President In An Uncomfortable Spot

Economic Impact of War And Sanctions Reaches Far And Wide April 13, 2022—Pedro Castillo won a very close election last year as the left-wing option to Keiko Fujimori, the right-wing daughter of a dictator. It's been a rough ride for President Castillo with multiple crises taking place and government ministers changing frequently. But all that turmoil grew worse in the last few weeks. Castillo now finds himself in a position where you can usually find right-wing leaders: Fending off a protest movement started by transport syndicates. The last few weeks in Peru have seen the people take the streets and even call for a countrywide strike. What started with a protest against the rise in oil price by truckers escalated to more and more sectors of society. In some places, it turned violent...
Crypto In The Russia-Ukraine War
Big Tech, Digital Economy, Cryptocurrency, Foreign Aid, International Development, Types of News: Analysis, Types of News: Brief

Crypto In The Russia-Ukraine War

Cryptocurrencies Are Playing Roles In The Battle; And The Battle Is Impacting The Prices This is a follow-up piece to Finance writer Jesús Cedeño's analysis of where cryptocurrencies are today. All viewpoints are his own do not necessarily reflect the views and positions of the Global Economic Report. Neither the writer nor Mohr Media’s GER website are responsible for readers’ investment decisions. April 11, 2022—It’s no coincidence that Bitcoin prices have shown an upward trend since February 25th. Today, we cannot talk about cryptocurrencies without looking at the Russia-Ukraine war. It's a factor that is influencing not only crypto’s value, but also the way governments all over the world are using and reacting to the conflict.   Larry Fink, chairman of BlackRock, says the R...
Has The Crypto Boat Sailed?
Cryptocurrency, Types of News: Analysis

Has The Crypto Boat Sailed?

Assessing The Rise, Fall And Rise Again Of Bitcoin And Other Cryptocurrencies Finance writer Jesús Cedeño analyzes cryptocurrencies from an investing viewpoint. He looks at their exponential growth, assesses why they are popular, and discusses possible scenarios. All viewpoints are his own and do not necessarily reflect the views and positions of the Global Economic Report. Neither the writer nor Mohr Media’s GER website is responsible for readers’ investment decisions. April 7, 2022—Bitcoin, the first successful implementation of a blockchain, was launched in 2009. The first real-world transaction using Bitcoin happened in 2010. It involved two pizzas for a cost of 10,000 BTCs. At the time, those ten thousand bitcoins were worth about 40 USD. By 2012, 1 bitcoin was worth around 5 US...
Latin American Politics Reshuffles After Russia Starts War In Europe
Diplomacy, Global Trade, Globalization, Global Disintegration, Types of News: Analysis

Latin American Politics Reshuffles After Russia Starts War In Europe

April 5, 2022—It's still surprising how much of a wrench Russia threw into world politics when its leader in the Kremlin decided to invade Ukraine. While the effects in Europe, China, and the United States are front-page news on a daily basis, it seems like people are ignoring just how much the political game changed in Latin America. For one, it changed how we perceive certain governments in terms of their alignment. Chile's Gabriel Boric and Colombia's Iván Duque clearly condemned the Russian invasion of a free state. They also voted with 139 other countries to condemn Russia's aggressive actions. Argentina also voted with the majority of the world's countries. However, Argentina's Vicente Fernández defended Putin's invasion side-by-side with Brazil's Bolsonaro. Interestingly, jus...
In Contrast To NATO, Moscow-Based CSTO Is Silent On Ukraine
Diplomacy, Geopolitics, Organizations, IMF, WTO, G7, Types of News: Analysis

In Contrast To NATO, Moscow-Based CSTO Is Silent On Ukraine

File photo: CSTO meeting 2020 March 24, 2022--The Russia-dominated military alliance known as the Collective Security Treaty Organization is keeping silent on the Ukraine crisis, including Russia's invasion and the humanitarian outflow of refugees. That stands in contrast to the 30 member NATO alliance, which issued a statement today in reaction to Russia's war in Ukraine. March Meeting on Crisis Response Meeting this month virtually, the Moscow-based CSTO staff discussed crisis-response initiatives with military representatives from its member states. Members include Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, and Tajikistan. According to a March 24 news statement about the meeting, the representatives discussed the "military and political situation in the world and ...
Russia, Ukraine Foreign Ministers Talk In Turkey
Diplomacy, Types of News: Analysis

Russia, Ukraine Foreign Ministers Talk In Turkey

March 10, 2022--It was a valiant effort by Turkish President Recep Tayyip Erdo?an to host diplomatic talks between Russia and Ukraine today. After all, it's the 15th day of Russia's brutal war against Ukraine and its citizens with no end in sight. The table was already set for meetings as Turkey was hosting a diplomacy forum in Antalya. So the mood for some kind of breakthrough in peace talks or at least a ceasefire for humanitarian relief seemed possible. But that did not happen when Russian and Ukrainian Foreign Ministers Sergei Lavrov and Dmytro Kuleba faced one another across a large U-shaped table. That was the extent of the progress. No Breakthroughs Turkish Foreign Minister Mevlut Cavusoglu said Turkey is encouraging the ongoing process taking place in Belarus. He e...

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