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The recent publication of the so-called Panama Papers—a trove of 11 million leaked confidential documents from the Mossack Fonseca law firm in Panama City—and the earlier publication of what might be called the Offshore Papers—2.5 million documents linked to the Singapore-based Portcullis law firm and the British Virgin Islands-based Commonwealth Trust Ltd.—have revealed a large number of offshore shell companies owned or linked to individuals and companies in either China or Hong Kong. Although there are legitimate uses for such shell companies, their secretive nature, combined with reports of vast outflows of capital from China, create suspicions that these companies […]

In this week’s Trend Lines podcast, WPR’s editor-in-chief, Judah Grunstein, and host Peter Dörrie discuss domestic politics in Bangladesh; Iran and Saudi Arabia’s battle for influence in Africa; and the challenges facing the global middle class. For the Report, Prashanth Parameswaran joins us to talk about corruption and reform in the Philippines under President Benigno Aquino III and what lies ahead for the next administration after May elections. Listen:Download: MP3Subscribe: iTunes | RSS Relevant Articles on WPR: Opposition Leader Zia Latest Victim of Bangladesh’s Zero-Sum Politics Saudi Competition Gets in the Way of Iran’s Outreach in Africa Is the Global […]

Editor’s note: This article is part of an ongoing WPR series on the Trans-Pacific Partnership and the potential impact on members’ economies. WPR: What are the expected economic benefits and potential downsides for Brunei from the TPP? Joshua Kurlantzick: Brunei’s economy, heavily dependent on petroleum and petroleum products, needs to become more diversified over the next two to three decades. That is absolutely critical for Brunei to survive as a high-income country that offers extremely lavish benefits for its citizens. The low price of oil is already taking an enormous toll. The government may be implementing harsher versions of Shariah […]

Argentina is the new darling of Latin America. Just over four months into his term, President Mauricio Macri is taking every step to put the welcome mat out for the international community, and the United States in particular. The Obama administration has reciprocated in kind. It’s a new era, and the future is bright for the bilateral relationship, as well as for Macri’s domestic standing. Gone are the days of antagonistic relations. Now, U.S.-Argentine relations are being advanced on multiple fronts—from trade facilitation to climate change and global health. Even before Obama’s state visit in late March, Washington had already […]

When the leaders of the self-styled Islamic State (ISIS) take stock of their movement, they must like some of what they see. Affiliates of the group are cropping up across the Islamic world, and the organization has proved adept at recruiting or inspiring alienated young Muslims—many with criminal backgrounds—to commit murder in Europe and North America. But there are also things that must concern the group’s leaders. In the past few months, Iraqi and Kurdish forces have taken back 40 percent of the territory the Islamic State had conquered over the past two years. American airstrikes have killed 25,000 of […]

The Philippines’ upcoming presidential election in May comes at a critical time for Southeast Asia’s second-most-populous country and fifth-largest economy. After decades of anemic growth rates, the Philippines seems to have begun to turn a corner over the past six years under reform-minded President Benigno Aquino III. Yet as Filipinos prepare to go to the polls, it is unclear if the next government will be able to both sustain the progress made thus far as well as confront challenges old and new in the political, economic and security realms. Breaking With the Past Although the Philippines has been a democracy […]

On Monday, East Timor asked the United Nations to begin the process of establishing a permanent maritime boundary with Australia in the Timor Sea. In an email interview, Clinton Fernandes, a professor at the University of New South Wales Canberra, discussed Australia’s ties with East Timor and the border dispute. WPR: What is the background to the current agreement on maritime boundaries between Australia and East Timor, and what changes is East Timor seeking to make to the agreement? Clinton Fernandes: In 1972, Australia negotiated a maritime boundary with Indonesia that granted it the lion’s share of oil and gas […]

On Jan. 6, Djibouti announced it was severing relations with Iran inresponse to attacks on Saudi Arabia’s diplomatic missions in Tehran, following the execution of a prominent Shiite cleric by Saudi authorities. Shortly after, a joke appeared on Telegram, an instant messaging app popular among Iranians: “One good thing that the snapping of ties with Saudi Arabia taught me is geography. At least now I know where Djibouti is.” Although many Iranians have since dismissed the tiny Horn of Africa state as an inconsequential actor, it was not that long ago that Tehran sought to expand its engagement with small […]

AMSTERDAM — Last week, voters in the Netherlands sent a gift to Russian President Vladimir Putin along with a punch in the gut to the people of Ukraine. That was the impact felt in Moscow and Kiev from a nonbinding but politically potent referendum in which Dutch voters soundly rejected a European Union treaty forging closer bonds between the EU and Ukraine. The outcome of the referendum on the EU Association Agreement for Ukraine would have been surprising under almost any circumstances, but it was particularly disconcerting given the dramatic, tragic role the Netherlands has played in the ongoing confrontation […]

On April 5, following the injunction of a judge in Dhaka, Khaleda Zia, the former Bangladeshi prime minister and current leader of the opposition Bangladesh Nationalist Party (BNP), showed up in court accused of responsibility for a lethal arson attack last year. Prosecutors claimed that Zia instigated the attack on a bus, which left 12 people dead, by calling on her supporters to enforce a transportation blockade as part of protests against the government of the present prime minister, Sheikh Hasina, of the Awami League. After her appearance in court, Zia almost immediately obtained bail. To no surprise, her party […]

The World War I-era French Prime Minister Georges Clemenceau once famously declared that war is too important to be left to the generals. The same, it appears, can be said of admirals. Last week, the Navy Times ran a blockbuster story revealing that the top U.S. military commander in the Pacific, Adm. Harry Harris, and the combatant command he leads, U.S. Pacific Command (PACOM), are not happy with the White House’s approach to dealing with China’s adventurism in the South China Sea. According to the Navy Times, Harris is “arguing behind closed doors for a more confrontational approach to counter […]

Security officials from South Sudanese President Salva Kiir’s government allegedly attacked and detained 16 members of rebel leader and former Vice President Riek Machar’s publicity team Tuesday. The publicity team was in Juba in advance of Machar’s return to South Sudan’s capital on April 18, when he is set to assume the office of vice president again in a unity government with Kiir as part of a fledgling peace deal. Tuesday’s violence is only the latest round of renewed fighting in South Sudan. The U.S. State Department issued a statement Monday condemning recent attacks on rebels in the northwest of […]

This week, three of the United Nations’ thankless peace missions—in Libya, Yemen and Syria—will mark steps forward. To be sure, the definition of success is modest. For now, just reducing violence and beginning a political process is the best that one can hope for. But the U.N. deserves credit for persevering and nudging the parties along. Even as U.N. negotiators, sometimes with the ambiguous help of the great powers and regional leaders, begin cajoling the warring parties in the Middle East’s three terrible crises to compromise, the prospects for real peace are distant. The U.N. process not only aims to […]

Russia’s North Caucasus insurgency has gone relatively quiet, but reduced casualty numbers belie a still-worrying situation where long-standing grievances remain. As more and more fighters join the cause of globalized jihadi groups, most of all the self-declared Islamic State (ISIS), Moscow may find that it has only transformed and widened its war. A thwarted suicide bombing outside a police station near the Northern Caucasus city of Stavropol on Monday was the latest sign. Adding to the threat is the fear of blowback at home of previously dormant ISIS-inspired terrorist cells. This comes after a remarkable reduction of violence in Europe’s […]

The rise of a global middle class has been one of globalization’s great victories, but the surge in income and consumption in the developing world may be more of a temporary anomaly than a long-term trajectory. Some developing countries have ridden a commodities super-cycle to middle-class status, but most never made it or were far too late with the investments that might have converted the boon into more sustainable growth paths. Commodities are cyclical, and the global middle class may prove to be so as well. From 2001 to 2011, there was an unprecedented surge in the number of people […]

Editor’s note: This article is part of an ongoing WPR series on the impact of corruption and various countries’ efforts to combat it. Last month, the prime minister of Mauritius, Anerood Jugnauth, asked his environment minister to resign following corruption allegations. In an email interview, Roopanand Mahadew, a lecturer in human rights law at the University of Mauritius, discussed the country’s successes in fighting corruption. WPR: How big a problem is corruption in Mauritius, and to the degree it is one, how does it manifest itself in daily life and politics? Roopanand Mahadew: Mauritius was ranked first among African nations […]

This column should start with a health warning: It contains some truly tedious writing about the future of the United Nations. In my own defense, I should add that the passages in question were not authored by me. This week, the current eight candidates to replace Ban Ki-moon as secretary-general when his term expires at the end of this year will have two-hour hearings at the U.N. General Assembly. As of this weekend, seven had published “vision statements” to pave the way for their appearances; the one exception was the last to declare, New Zealand’s Helen Clark. I have read […]