With a Scottish referendum on secession from the United Kingdom just eight months away, the nationalists may be gaining significant ground. A new poll shows those in favor of independence have increased by five points, putting those opposed to secession just seven points ahead.
Moody’s has threatened to downgrade Puerto Rico to junk status unless it borrows money this month. Unfortunately, it could be downgraded anyways if it can’t secure favorable interest rates on this borrowing.
As the ruble slides towards five year lows against the dollar, Russia’s middle class is getting nervous. Putin’s expensive and ambitious foreign policy may be hitting some hard limits soon.
A British man will pay the ultimate price for blasphemy in Pakistan, after a district court sentenced the 70-year old to death for sending out letters to the police in which he declared himself to be a prophet.
We knew that Narendra Modi was divisive; his controversial role as Chief Minister during the 2002 communal riots in Gujarat continues to be a sore point in the elections this year. What we couldn’t have predicted was that it would be a sore point in American elections.
A poll released today in India puts Narendra Modi well in the lead for this year’s national elections, and found that the ruling Congress party could be heading for a “meltdown.”
Michigan Governor Rick Snyder has announced a plan to revitalize Detroit by offering visas to 50,000 highly skilled immigrants to live in the city. There’s no guarantee it will work, but it could be just what the city needs.
The day of reckoning seems to be dawning on the latest iteration of Peronist failure in Argentina. The government of President Cristina Fernandez de Kirchner’s serial refusal to bow to market realities put the country’s Central Bank in an impossible position, forcing it to pull the plug on support for the peso. This could be more than just another currency crisis. The foundations of Kirchnerismo could be beginning to crack.
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We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.