North Korea Engages in New Missile Test

North Korea Engages in New Missile Test

The second intercontinental ballistic missile (ICBM) launch by Pyongyang occurred this morning. It was fired from Mupyong-ni and it flew about 1,000 kilometers before falling into the waters of the Sea of Japan. Pyongyang said the test was a success. According to the official KCNA agency, Kim Jong-un attended the test. “The entire American territory […]

Venezuelans Stream into Colombia

The potential for a migrant crisis grows.

Venezuelans Stream into Colombia

As Venezuela is faced with a constitutional crisis, tension continue to mount in the country. This situation was reflected most poignantly at the beginning of the week in an eloquent image repeated at several points of the border with Colombia. Tens of thousands of people – some 33,000 on Monday – crossed to the neighbouring […]

China Blocks Access to WhatsApp

China Blocks Access to WhatsApp

In anticipation of the 19th Congress of the Communist Party, the Chinese government is tightening censorship and controls on the media. The ability to access the internet in China had already been curtailed by President Xi Jinping by banning VPN services, thanks to which the Chinese and multinational citizens in the country gain access to banned sites. Now […]

Will Yellen Be Replaced as Chair of Federal Reserve?

Will Yellen Be Replaced as Chair of Federal Reserve?

This article originally appeared on Economics Wire. Janet Yellen became the first woman to Chair the Federal Reserve, the United States’ central bank when she was sworn in after Ben Bernanke’s retirement in 2014. Her four-year term will be expiring early next year, at which point President Trump can either re-nominate her for another four-year term […]

Canadian Foreign Affairs Minister: Canada Can No Longer Rely on U.S. for Leadership

Canadian Foreign Affairs Minister: Canada Can No Longer Rely on U.S. for Leadership

In preparation for Wednesday’s unveiling of a new blueprint for the Canadian military, Foreign Affairs Minister Chrystia Freeland warned Canadians that they should expect to devote more resources to defense, citing unpredictable behavior from the United States. Speaking to the House of Commons, she said: “The fact that our friend and ally has come to […]

Lithuanian President Supports U.S. Troop Presence

Lithuanian President Supports U.S. Troop Presence

Lithuania’s President, Dalia Grybauskaite, voiced support yesterday for the presence of U.S. soldiers in the country. Russian interference in the Ukraine – both in annexing Crimea and support for factions fighting the government – has caused a surge of suspicion and fear amongst countries formerly in the Soviet bloc. After Germany and the Soviet Union […]

Japan’s Prime Minister Suggests Changes to Japanese Constiution

Japan’s Prime Minister Suggests Changes to Japanese Constiution

In a ceremony marking the seventieth anniversary of the Japanese constitution, Prime Minister Shinzo Abe suggested that the pacifist elements it contains need to be changed. Japan’s current constitution was passed after the country’s defeat in World War II to the United States and Soviet Union. Article IX of the constitution forbids Japan from maintaining […]

Once Again, US First Quarter Growth is Tepid

Once Again, US First Quarter Growth is Tepid

In what is becoming a pattern, US growth disapointed in the first quarter with annualized growth coming in at 0.7%. Last year’s first quarter growth was 0.8%. Longer-term, the US economy expanded at a 1.6% rate in 2016, 2.6% in 2015, and 2.4% in 2014. Many economists have concluded that the apparent weak first quarter […]

Trump’s Tax Plan Wish List

Trump’s Tax Plan Wish List

United States President Trump has made tax reform a cornerstone of his administration since the time of his inauguration. Many economists and politicians have favored simplifying the tax code through the elimination of deductions and lowering of marginal tax rates for some time now. This approach was favored by the doomed “Simpson Bowles” plan that […]