Although it has played down this notion, it has not rejected it and has in fact taken steps towards being one. On Friday, in a significant development, German Foreign Minister talked to his Russian counterpart Sergei Lavrov on the North Korea crisis, said Russia’s Foreign Ministry. On Wednesday Germany had stated it would do everything…
The globe’s two biggest emerging economies are squaring off over their shared border while the world has focused on North Korea. A hot spot for increasing military tension in recent months has been China and India’s borderlands, though geographically desolate and inhospitable. Given that both are equipped with nuclear weapons, the situation could escalate even as the two…
In a proposal cheered by British businesses but which is likely to raise eyebrows on the continent, U.K. wants to maintain tariff-free, bureaucracy-light trade with the European Union for a period after Brexit and perhaps permanently, the U.K. government said. After it leaves in March 2019, it will seek to negotiate a “close association” with the…
As key U.S. officials played down the risk of an imminent war with North Korea and as South Korea’s president said resolving Pyongyang’s nuclear ambitions must be done peacefully, tensions on the Korean peninsula eased slightly on Monday. A spike in tensions in recent months has been spiked by concerns that North Korea is close to…
It has become a lot harder for Venezuela to dig itself out of the giant economic, political and social hole it’s in by the government of the country. In order to create a new legislative body that supersedes others, including the opposition-led National Assembly, Venezuela held a highly contentious vote on Sunday. The National Constituent Assembly…
Even as fears n sparked that Southeast Asia’s largest economy could embark on a Philippine style drug war, the country has expressed a willingness to let authorities shoot down drug dealers, having come under pressure from widespread illegal narcotics distribution. Indonesian President Joko Widodo or Jokowi recommended police to shoot drug traffickers who resisted arrest and said that…
Last week’s talks between Trans-Pacific Partnership states demonstrated members’ commitment to inking the wide-spanning free trade agreement even though the meeting failed to produce any major breakthroughs. TPP signatories face a daunting task in finalizing a new framework by November – the agreed upon deadline, after President Donald Trump’s administration withdrew the U.S. from the deal. But experts said…
Estonia is taking steps to fend off potential hacking attacks as cyber-security fears intensify and it is the only country in the world where voters elect their leaders through online balloting. According to Tarvi Martens, the National Electoral Committee’s head of e-voting, a software overhaul for the system, introduced in 2005, is ready for testing before local elections…
With the potential for another election still a distinct possibility, many market participants are kept on the edge by U.K. leader Theresa May and her weakened government despite the fact that the government has weathered a particular nasty political storm in recent months. There is “considerable risk of the (U.K.’s) government collapsing,” says Joan Hoey,…
Certain member states of the Trans-Pacific Partnership countries now need convincing to stay on board with the massive trade deal even as the 11 remaining TPP countries continue talks without Washington this week. After President Donald Trump’s decision to withdraw the U.S. earlier this year the TPP no longer remains alive as the world’s largest trade…
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