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The Trade, Equity and Development Project hosted a discussion with Rufus Yerxa, Deputy Director General of the World Trade Organization, on the Doha Round of trade negotiations.
Political analyst Sergei Markov and Carnegie Senior Associate Michael McFaul debated Russian democracy and the causes of poor U.S.-Russian relations.
China’s investments in Sudan and Burma have come under harsh criticism of late. Energy-hungry China will need to be convinced that bad governance in places like Burma or Sudan fosters instability that is bad for Chinese investment before it will rein in its rogue client states.
U.S.-Russian relations are "rather precarious" and could spiral downwards. The Russians are struck by what looks to be a sort of breathtaking exercise of double standards on the part of the Bush administration.
Iranian President Mahmoud Ahmadinejad sent the following letter to President George Bush. The unorthodox letter contains no concrete diplomatic proposals, but it does suggest Ahmadinejad's confidence that by championing a moral, religious, political, and economic critique against U.S. ideology and policies he can tap populist passions swelling not only in the Middle East and other Muslim societies but also in Latin America. Ahmadinejad is inviting a contest over whether the positions he and Iran pursue are more just than those of the Bush Administration. The U.S. should not ignore this challenge, but rather take it head on. In the Foreign Affairs article, "Giving Justice Its Due," (July/August 2005), George Perkovich suggested some ways in which the U.S. could address growing international demands for justice to complement the "freedom doctrine." We have provided the full text of Ahmadinejad's letter to President Bush. (Read More)
Russia's two decades of geopolitical decline started with the withdrawal from Afghanistan, and included the disbanding of the Warsaw Pact and the collapse of the Soviet Union. But it is possible that 2005 may be viewed retrospectively as a historical turning point -- the end of Russia's decline. This recovery might be based on the shaky foundation of high oil prices, but it's real nonetheless.
The revelation shows that half-hearted reforms have addressed merely the symptoms of China’s financial fragility. Poor business practices are blamed for NPLs but the real source is political. As long as the ruling Communist party relies on state-controlled banks to maintain an unreformed core of a command economy, Chinese banks will generate more bad loans.
While American companies would still like to see an improvement in Ukraine's energy sector, they admit that the climate has improved in recent years. Ukraine would like to see an even larger American interest in Ukrainian energy.
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