Civilian Deaths In Gaza Raise The Stakes In Middle East
While many nations support Israel’s right to defend itself, a recent bombing which killed civilians is increasing calls from the international community for a truce in Gaza, including from UN Secretary General Ban Ki-Moon.
There was a sign of some hope as Egyptian Prime Minister Prime Minister Hisham Kandil told Reuters that “negotiations are going on as we speak and I hope we will reach something soon that will stop this violence and counter violence.”
Middle East Is Another Uncertainty Concerning Business
The fears of a broader war in the Middle East is reaching Wall Street, which is just one more uncertainty that is stifling business plans on Main Street. In fact, a Wall Street Journal survey found that many businesses are pulling back on their investment in new hiring.
More Options To Avoid Fiscal Cliff
Yet another voice has been raised to offer a route to avoid tumbling over the fiscal cliff. Isabel Sawhill of the Brookings Institution sees the path as a mix of policies, including capping health care spending on the Federal level, removing the debt ceiling requirement, and repealing the sequester that included mandatory budget cuts.
China Views US Pivot Toward Asia As Attempt To Limit Influence
China is on edge as President Obama visits Burma, a first step in the administration’s “pivot” toward Asia. While there are plenty of opportunities for US and China to work in tandem, China views the pivot as a veiled attempt to limit China’s influence in the region.