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While estimates vary, almost all economists in Buenos Aires expect annual inflation to surge past 200% in December.
While estimates vary, almost all economists in Buenos Aires expect annual inflation to surge past 200% in December.
The debate about the risk of deficit spending will go on until the predicted happens. Or not. The problem is that deficits are a symptom first.
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For the period from October 2023 through December 2023, the budget deficit totaled just shy of $510 billion, following a shortfall of $129.4 billion in December alone.
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For the period from October 2023 through December 2023, the budget deficit totaled just shy of $510 billion, following a shortfall of $129.4 billion in December alone.
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Adda Coffee, a high-end local coffee business, has four local sites. Yesterday their employees voted to form a union. Last night the company closed its doors.
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Changes and the Alliances of the Future
There is a fascinating study done by the European Council of Foreign Relations on the values of people across nations and cultures. This is culled from the report.
Our poll shows that Europe and America are seen as more attractive and having more admirable values (or, as having more soft power) than both China and Russia. But this does not translate into political alignment. For most people in most countries – including some inside the EU itself – we have entered an à la carte world in which you can mix and match your partners on different issues, rather than signing up to a set menu of allegiance to one side or the other.
Our new poll again shows that much of the rest of the world wants the war in Ukraine to stop as soon as possible, even if it means Kyiv losing territory. And very few people – even in Europe – would take Washington’s side if a war erupted between the US and China over Taiwan.
People in much of the rest of the world, however, see the European Union as an attractive destination, but not a hard power (that is, the power that derives from military and economic means) to be reckoned with. In fact, while many people outside the West value American and European ways of life, they also seem to have doubts about whether these liberal societies will survive.
In short, people from countries all over the world still want the West in their lives for everything that it has to offer and is managing to hold onto as the world changes. But Western leaders will not maximize their potential for geopolitical leadership if they continue to frame world politics in terms of bipolar choices (“with us or against us”) reminiscent of the cold war or former US President George W Bush’s “war on terror”.
Changes and the Alliances of the Future
There is a fascinating study done by the European Council of Foreign Relations on the values of people across nations and cultures. This is culled from the report.
Our poll shows that Europe and America are seen as more attractive and having more admirable values (or, as having more soft power) than both China and Russia. But this does not translate into political alignment. For most people in most countries – including some inside the EU itself – we have entered an à la carte world in which you can mix and match your partners on different issues, rather than signing up to a set menu of allegiance to one side or the other.
Our new poll again shows that much of the rest of the world wants the war in Ukraine to stop as soon as possible, even if it means Kyiv losing territory. And very few people – even in Europe – would take Washington’s side if a war erupted between the US and China over Taiwan.
People in much of the rest of the world, however, see the European Union as an attractive destination, but not a hard power (that is, the power that derives from military and economic means) to be reckoned with. In fact, while many people outside the West value American and European ways of life, they also seem to have doubts about whether these liberal societies will survive.
In short, people from countries all over the world still want the West in their lives for everything that it has to offer and is managing to hold onto as the world changes. But Western leaders will not maximize their potential for geopolitical leadership if they continue to frame world politics in terms of bipolar choices (“with us or against us”) reminiscent of the cold war or former US President George W Bush’s “war on terror”.
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