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Wealthy Qatar Remains Defiant In The Face Of Arab Sanctions

Wealthy Qatar Remains Defiant In The Face Of Arab Sanctions

In the beginning of June, the nations of Bahrain, Egypt, Libya, Maldives, Saudi Arabia, Yemen and the United Arab Emirates collectively imposed a trade and travel boycott against their neighbor Qatar. Nearly two months later, Qatar remains defiant, in the face of sanctions and has refused to comply to 13 demands, of fellow Arab nations. […]

Montenegro Joins The Western Military Alliance Of NATO Despite Controversy

Montenegro Joins The Western Military Alliance Of NATO Despite Controversy

The last piece of real estate on the Adriatic and the only northern part of the Mediterranean Sea, that did not belong to NATO (North Atlantic Treaty Organization) was Montenegro. On June 5th, the former Balkan republic of Yugoslavia, became the 29th member of the Western military alliance, over Russian objections and internal political controversy. […]

The United States Federal Budget Not Based On Reality Under Both Presidents Obama And Trump

The United States Federal Budget Not Based On Reality Under Both Presidents Obama And Trump

The United States has been accumulating debt at an enormous rate. The federal debt effectively doubled during the Obama Administration. The interest on the debt in the federal budget, is one of the fastest growing allocations, despite historically low interest rates. It already consumes $266 billion USD (United States Dollar) annually. The federal deficit for the […]

Protests In French Guiana Highlight Economic Inequality And Lack Of Growth

Protests In French Guiana Highlight Economic Inequality And Lack Of Growth

The independence movements that swept Africa, Asia and Latin America after World War II failed to inspire the people of French Guiana toward similar action. Even when neighboring Guyana separated from the United Kingdom in 1966 and Suriname became independent of the Netherlands in 1975, French Guiana elected to stay as part of France. In […]

China’s New Economic Silk Road: The Belt And Road Initiative

China’s New Economic Silk Road: The Belt And Road Initiative

For the 21st century President Xi Jinping of China has proposed a new economic Silk Road, that will reconnect his country with Southeast Asia and the Middle East. Dubbed the Belt and Road Initiative (BRI), it will have an economic impact on three billion people and will create the biggest global market. This new trade […]

Portugal: Economic Recovery But Massive Debt And A Fragile Banking System Remain

Portugal: Economic Recovery But Massive Debt And A Fragile Banking System Remain

In November of 2015, Antonio Costa the incoming Socialist Prime Minister of Portugal, was able put together a government, by aligning himself with the far left. There were many who felt this political coalition would be short-lived, since it seemed unworkable. His campaign pledge had been to reverse the punishing austerity measures but, to also […]

Venezuela On The Precipice Of Civil War As The Economy Collapses

Venezuela On The Precipice Of Civil War As The Economy Collapses

The economic downward spiral for Venezuela is reaching a critical stage. Desperate citizens wait in line for hours, just for the opportunity to buy dwindling supplies of basic food and provisions. As the authoritarian regime clings to power, the country nears the precipice of open civil war. The socialist economy created by former President Hugo […]

Algeria: Economic Crisis and Political Stagnation As An Era Draws To A Close

Algeria: Economic Crisis and Political Stagnation As An Era Draws To A Close

National Assembly elections will be held this week in Algeria. The electorate of 22 million, are somewhat apathetic to the prospect. This is because many Algerians assume the polls are fixed and the ruling party will continue to win by a large margin. As the economic crisis mounts, the frustration of the populace will intensify. Despite […]

Democracy And The Economy In Honduras Under Siege

Democracy And The Economy In Honduras Under Siege

Honduras is the second largest nation in Central America, after Nicaragua. With a relatively small population of 8.4 million, it is also the poorest country in the region, with the exception of its neighbor Nicaragua. Over the years, the political instability of the country and the entrenched political elite, have slowed the modernization of Honduras.  […]