On March 13, the Senate Foreign Relations Committee by a vote of 14 to 3 sent a Ukraine aid package to the floor for a full vote of the Senate. This bill differs from the House-passed aid package in that it includes language that endorses the 2010 Seoul package of International Monetary Fund (IMF) quota reforms.
Last weekend (March 9), Salvadorans voted in the country’s runoff elections to choose the next president of El Salvador. And today (March 13), the country’s Supreme Electoral Tribunal (TSE) officially declared Frente Farabundo Martí para la Liberación Nacional (FMLN) candidate Salvador Sánchez Cerén the victor in the highly contested election.
A core issue that will define the success of the Trans-Pacific Partnership (TPP) negotiations will be the agreed commitments on cross-border data flows and digital trade. In 2012, international digital trade in services exceeded one trillion dollars and the United States remained the world’s leading trader of digital services.
Since the meltdown of three reactors at the Fukushima-Daiichi nuclear power plant on March 11th, 2011, the outlook for nuclear power in Japan has been uncertain. Despite efforts by the Japanese government and industry to institutionalize change, the public remains skeptical. Public opposition to restarting the reactors has fallen from 80% but still hovers between 55 and 60%.
Starting from 5:42pm (local time in Seoul) on February 27, North Korea conducted a series of short-range ballistic missile tests. The South Korean military has announced that the North appears to have launched four Scud missiles from the Gitdaeryeong area in the country's southeastern coast toward the sea.
Over the last 30 years, the private sector has emerged as an indisputable driver of global development. The prominence of the private sector is no exception in Canada: looking at some of the most significant Canadian industries (e.g., mining and telecommunications), it is clear that a considerable part of Canada’s economic future lies in emerging economies.
Q1: Is this a new Cold War?
Over the past two weeks, it seems that all attention on the Western Hemisphere has focused on the unfolding political crisis in Venezuela—and for good reason. Venezuelans have taken to the streets to protest a range of topics ranging from human rights to the current economic chaos.
Rakhine State in western Myanmar has been the site of repeated outbreaks of violence between the Buddhists majority and its Muslim Rohingya minority, most recently on January 13. The details of what happened remain unclear, but it seems that dozens were killed. This follows widespread violence in 2012 that left more than 200 dead and 140,000 displaced.
Last week, President Obama delivered his fifth State of the Union address, summarizing the U.S. relationship with the Americas in one line—as “building new ties of commerce [and] also expanding cultural and educational exchanges amongst young people.”