By Dan Steinbock Washington is planning to extend sanctions against Russia, once again. Meanwhile, the Trump administration is getting ready to cope with a special counsel’s investigation which seems to focus as much on Trump as Russia. Last Wednesday, Secretary of State
By Dan Steinbock No US postwar president has managed to reset relations with Russia. Now the Trump administration must cope with a special counsel’s investigation. In the past, US
By Dan Steinbock The conventional narrative is that the world is threatened by the assertive China and Russia. The inconvenient narrative is that China is modernising, while US priorities are misguided,
By Dan Steinbock Recently, President Trump signed his “Buy American, Hire American” executive order. Ironically, while the stated goal is to put “America First”, the White House may actually subsidise old industries and undermine innovation.
By Dan Steinbock In the first quarter, the Philippine peso depreciated against the US dollar. Internationally, this was attributed to President Duterte’s policies. In reality, it has a lot to do with the expected US rate hikes. But there is a reason why
By Dan Steinbock Despite preliminary pessimism, the Trump-Xi Summit showed greater trade pragmatism than initially expected, even though it was overshadowed by a raw display of US military power. President Donald
By Dan Steinbock In France, President Hollande’s utter failure to foster broad consensus for structural reforms has paved the way for a contested election. While public debate focuses on Emmanuel Macron as the saviour of France, the real story is that
By Dan Steinbock In France, President Hollande’s utter failure to foster broad consensus for structural reforms has paved the way for the most contested election in decades. While public debate focuses on the 2nd round winner, the
By Dan Steinbock With the Trump White House, America and a global economy will enter a highly divisive period – as evidenced by the debate about his economic, trade and infrastructure plans. As long as Republicans sustain some unity in and between the
By Dan Steinbock While the Obama White House prepared plans for regime change in the Philippines, President Trump is working on an assertive strategy in Asia. Meanwhile, President Duterte is accelerating the country’s economic growth – dramatically.