US debt default could trigger dollar’s collapse – and severely erode America’s political and economic might
Foreign Policy News
by Foreign Policy News
2w ago
By Michael Humphries, Touro University Congressional leaders at loggerheads over a debt ceiling impasse sat down with President Joe Biden on May 9, 2023, as the clock ticks down to a potentially catastrophic default if nothing is done by the end of the month. Republicans, who regained control of the House of Representatives in November ..read more
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Argentina’s economic and geopolitical crossroads
Foreign Policy News
by Germán Gorráiz López
2w ago
The acceptance by Mauricio Macri in 2018 of the IMF’s postulates meant mortgaging Argentina’s economic sovereignty, since after the IMF disbursement of close to US$ 57 billion, the current government was left with the burden of debt maturities estimated at close to US$ 37 billion. This amount was unaffordable for the Central Bank of Argentina ..read more
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Biden’s strategy for cutting carbon emissions from electricity generation could extend the lives of fossil fuel power plants
Foreign Policy News
by Foreign Policy News
2w ago
By Jennifer K. Rushlow, Vermont Law & Graduate School On May 11, 2023, the Biden administration proposed new regulations to curb carbon pollution from existing power plants. The new rules replace the Obama administration’s Clean Power Plan, which was proposed in 2015 but ran into multiple legal challenges and never took effect. Nonetheless, in a ..read more
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Color revolution in Pakistan?
Foreign Policy News
by Germán Gorráiz López
2w ago
The Shanghai Cooperation Organization (SCO), founded in 2001 by the Shanghai Five (China, Russia, Kazakhstan, Kyrgyzstan, Kyrgyzstan, Tajikistan) and later joined by Uzbekistan, India and Pakistan, together with the ALBA countries and Iran, would be the hard core of resistance to the world hegemony of the United States and Great Britain. Consequently, the avowed aim ..read more
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The New World (Dis)order
Foreign Policy News
by Nikhil Vaish
2w ago
By Nikhil Vaish PART I: American Adventurism, Non-Interventionism, Trumpism and Afghan Chaos PART II: The Misunderstanding of Vladimir Putin PART III: China Awakens Under Xi Jinping PART IV: Crony Capitalism and the West’s Achilles Heel PART V: The New World (Dis)order PART I: American Adventurism, Non-Interventionism, Trumpism and Afghan ChaosBush’s Adventurism Russia’s invasion of Ukraine ..read more
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Notice for modification: Where does Pakistan’s parity stand in Indus Water Treaty?
Foreign Policy News
by Foreign Policy News
2w ago
By Sana Hamid There has been a lot of jabbering about India’s notice to Pakistan seeking modification in clauses of Indus Water Treaty (IWT) and calling upon Pakistan to respond within 90 days. India has invoked Article 12 (3)of IWT and Pakistan, for its part is clamoring on the same article to ensure upon India ..read more
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Is it immigration versus the working class?
Foreign Policy News
by Jonathan Power
2w ago
Every developed country is importing cheap labour, yet all too rarely are the pro and con arguments discussed with real profundity. The path-breaking book “The British Dream” by David Goodhart, the founder of the intellectual magazine, “Prospect”, dared to deal with the shibboleths. There are many commonalities in Britain that apply to countries as varied ..read more
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The older we get the less warlike we become
Foreign Policy News
by Jonathan Power
2w ago
Traditionally old men have sent young men to fight the wars they have started. Today, if we look at the world-wide picture, it may be somewhat different. Old men may be shying away from war while young men are still beholden to it. The number of wars around the world has never been so few ..read more
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Greece, rising in strategic value, deserves even more US support
Foreign Policy News
by Foreign Policy News
1M ago
By Raphael Benaroya The US Ambassador to Greece, George Tsunis, likes to point out that Ancient Greece was the birthplace of democracy, and Americans and Greeks share many noble ideals. Now, after Russia’s invasion of Ukraine and weaponization of energy against Europe, Greece has become vital to NATO and American interests. Ambassador Tsunis says that ..read more
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No justice in Guatemala
Foreign Policy News
by Jonathan Power
1M ago
Twenty years after 200,000 unnecessary deaths, 40,000 “disappearances” and 440 decimated villages, peace formally came to the last redoubt of the Central American war zone, Guatemala, in 1996. Put it up there with Rwanda, Cambodia, ex-Yugoslavia and today the Congo, as one of the great killing fields of the “post-war” world. The violence never reached ..read more
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