The title of this session is leadership dialogue and the focus is “deepening China and EU economic and financial cooperation” in what this forum is calling the new global context. I’d like to use my time to look briefly at two dynamics that are affecting the evolution of this China/EU cooperation and then conclude with a comment about the importance of political leadership for quality outcomes as well as for a more peaceful world order.
1.The Islamic Republic of Iran (IRI) is faced with unprecedented anti-government demonstrations. Whether there was foreign intervention (there might have been), the scale of the riots and the depth of popular anger has been unprecedented, especially come from the “deplorables”. The regime reacted with extreme brutality. However, it has been forced to acknowledge the killings, especially at the city of Mahshahr—even Parliament is reacting, with talk of a special commission of inquiry
On May 15th-16th, the Conference on Dialogue of Asian Civilizations (CDAC) was held in Beijing, another important domestic diplomatic event in 2019, following the second Belt and Road Forum for International Cooperation (BRF) and the 2019 Beijing International Horticultural Exhibition.
The CDAC was initiated by Chinese President Xi Jinping at the 4th summit of the Conference on Interaction and Confidence-Building Measures in Asia in 2014 and was formally proposed at the annual meeting of the Boao Forum for Asia in 2015.
Mike’s commentary on the struggle, or lack thereof, for “partisan” control of the Fed.
Also this afternoon, the Minutes of the March FOMC meeting had few newsworthy disclosures that Powell had not already covered in his post-meeting news conference. We were pleasantly surprised, however, to see that “participants also mentioned a number of upside risks.” Powell had focused overwhelmingly on downside risks.
No Danger of a Trump ‘Takeover’ of the Fed
I am sharing my newly published article that explicitly examines the contribution of the US military to strategic objectives in Latin America through security assistance and security sector assistance, as part of whole-of-government efforts to build relationships and strengthen governance in the region.
Donald Trump demonstrated the power and broad appeal of attacking immigrants in 2016, with special emphasis on non-white immigrants. He did it again in last year’s midterm elections, when his passionate followers seemingly were unmoved by the cruelty of separating young children from their mothers at the border, or by Trump’s audacious claim of presidential powers to nullify the constitutional right to birthright citizenship. Race-baiting is usually an integral part of right-wing-populist politics, and of the President’s broader personal brand of nationalism.