Four months ago, Greek politics dominated the news. Even the Chinese stock market downturn, in which the Shanghai index dropped by over 30 percent in the month leading up to the Greek referendum, took a far backseat to Athens on every broadcast. Greece’s own stock market fell nearly to 26-year lows at the time, wasContinue reading “The Other Greek Economy”
The last time Canada voted, in 2011, the result was an election of first-in-a-while’s: the first party to win a majority government since 2000 the first Conservative party to win a majority government since 1988 the first time since 1962 that a Conservative party won three consecutive federal elections the first time in Canadian historyContinue reading “Canada Goes to Vote!”
How can one measure China’s economic stability? In the West, it is common to look to Hong Kong and Tibet as litmus tests of the strength of the central Chinese government. While it is true that both Hong Kong and Tibet are very important places, their combined populations do not account for even one percentContinue reading “China’s Hidden Regionacracy, part 1: China’s Borderlands”
Most of Israel’s critics argue that any Israeli claim to the moral high ground is compromised by the fact that the Israeli military has been dominating the West Bank since 1967, thereby denying the Palestinians the ability to ever form their own state. While of course there is some truth to this argument, it neverthelessContinue reading “Why Israel Won’t Let the West Bank Go”
[Update– My predictions in this article were incorrect: the Liberals, led by Justin Trudeau, ended up winning a majority government in parliament. I didn’t see that coming!] In most countries, investors usually have a clear idea of what they want to see from an election. They want the victory of a competent, “market-friendly” candidate, withContinue reading “Canada’s Election – and what it could mean for the TSX”
Originally written for Times of Israel There is a fear in Israel that, with the signing of the nuclear deal two days ago, the United States may soon become allies with Iran. While this is not an irrational fear, it is important to remember that such an alliance actually already took place about a decadeContinue reading “Iran’s Weakening Position”
1. Iraq Iran is the key to stabilizing or destabilizing Iraq. The Iranians have close religious and political ties with Iraqi Shiites, who make up a majority of the overall Iraqi population and control most of Iraq’s oil wealth. Iran also has potentially close ties with the Iraqi Kurds, since Iran’s own Kurdish regions areContinue reading “10 Consequences of US-Iranian Reengagement”
When the Panama Canal expansion is finally finished this spring, the canal will have two new features: 1. Serve larger ships that can carry up to 3x as many containers 2. Serve liquified natural gas (LNG) carriers It is not entirely clear what effects this will have on world trade, but Panama’s hope isContinue reading “Finally Passing Gas: 10 Winners and Losers of the Panama Canal Expansion”
Future Economics