Economics & Business Archive

CARACAS, Venezuela — Known for military strongmen, Latin America has mostly embraced peace since the end of the 1980s era of right-wing dictatorships. Now flush with profits from a commodities boom, however, many Latin American countries are beefing up their military capabilities as they seek to ascend the ranks of regional power players. Brazil, Chile and especially Venezuela have invested heavily in arms purchases. With $4.3 billion in purchases since 2005, according to the Pentagon’s Defense Intelligence Agency, Venezuela’s recent spending surpasses even Pakistan, at $3 billion, and Iran, at $1.7 billion — major military powers in their own regions. […]

China isn’t comfortable. The country’s spectacular growth over the last two decades has made it ever more thirsty for energy, but policymakers are not sure they can secure their energy supply into the future. Rather than gain confidence as the United States has stumbled in the Middle East, many Chinese take U.S. problems in the region as a sign of Chinese vulnerability as well. Some in the United States feared China would soon stand out as a rival to U.S. influence, but in recent months, the Chinese government has shown an interest in being helpful. That cooperation needs to be […]

Sapurmurat Niyazov, the Kim Jong-il of Central Asia, left quite a legacy: a crumbling infrastructure, egregious human rights abuses, rumors of mass starvation outside the capital, and a personality cult capped by a funny name. Turkmenbashi, the father of all Turkmen, left some pretty big shoes to fill when he died last December. As a result, Gurbanguli Berdymuhkammedov, Turkmenistan’s second dictator and the world’s most powerful dentist, faces some serious choices. The first is how closely he’ll stick to his election promise of keeping Niyazov’s policies in place. There are many encouraging signs that President Berdymuhkammedov will open his country […]

BANGKOK, Thailand — The quaint 1956 Hollywood musical “The King and I,” which most people might regard as innocuous, probably would have been banned in Thailand under broadening definitions of “national security” now being cited by military coup leaders to justify their increasing censorship. But in any case, the movie, starring the late Yul Brynner and Deborah Kerr, is already outlawed under another device that curbs public opinion, the increasingly catch-all “les majeste” rule. Brynner’s singing and dancing routine has long been considered by the authorities to insult the institution of the Thai monarchy, and to distort Thai history. The […]

PORT HARCOURT, Nigeria — Nigeria’s militants will keep a close eye on the upcoming presidential election but have no plans to disrupt them, according to a commander of one of the armed groups that in recent months have stepped up attacks on foreign oil installations in the petroleum-rich Niger Delta. The leader, known as “Commander Akoko,” said in a recent interview with World Politics Review that his gunmen, who number in the thousands, are “prepared to die” in their effort to force the Nigerian government to make good on promises to use oil wealth to improve infrastructure in the impoverished […]

On the whole, Chinese President Hu Jintao’s March 26-28 meeting in Moscow with Russian President Vladimir Putin was uneventful. As during past summits, the two leaders signed various commercial deals, issued joint declarations affirming Sino-Russian cooperation on diverse global issues, and attended high-profile cultural events. Much more noteworthy was Hu’s subsequent side trip to the Russian republic of Tatarstan on his way back to Beijing. During his March 28 sojourn, Hu met the republic’s leading industrial officials, visited a trade exhibition in the capital city of Kazan, and engaged in discussions with representatives from the republic’s major oil producer, Tatneft, […]

Editor’s note: This article is adapted from a paper that first appeared in Arab Media and Society, an online journal published by the American University in Cairo’s Center for Electronic Journalism. Arab political blogging is changing and becoming more politically relevant. Arab blogs remain a very small, if rapidly growing, phenomenon — there are perhaps a few thousand political blogs across the region. Still, Internet use and blogging are growing fast, and Internet access seems nearly universal among politically mobilized youth in certain Arab countries. Even if expectations that a few courageous blogs could shatter the wall of fear sustaining […]

This week, a Chinese leader will address the Japanese Diet for the first time in over two decades. The speech is to be the highlight of Premier Wen Jiabao’s visit to Tokyo, Kyoto, and Osaka starting April 11. His visit is expected to lead to closer relations between China and Japan, which had soured under Japan’s previous prime minister. Relations across the East China Sea have steadily improved since the anti-Japanese riots in China in 2005. Following the election of Prime Minister Shinzo Abe last fall, Sino-Japanese relations have rapidly improved, and appear to be on their best terms since […]

From Time magazine’s declaration that “you” were the person of the year in 2006, to Frontline’s recent airing of “News War,” a four-part series examining the changing news landscape, the Internet’s paradigm-shifting effect on the media has begun to dawn on many journalists and media executives alike. Strangely, however, a recent spate of opinion pieces about the grim state of foreign news reporting has ignored the promise of the Internet. Reports in January that the Boston Globe would shutter its remaining three overseas bureaus triggered a number of opinion essays decrying the trend. But few of these commentators recognized the […]