Global Headlines

Thai Protests Turn Violent
Police in Thailand fired tear gas at protestors gathered in the capital calling for the ousting of Prime Minister Yingluck Shinawatra. At least four were reported dead. “Protesters are pursuing the quixotic goal of ridding the country of the influence of Thaksin Shinawatra, a billionaire tycoon and former prime minister whose political party has captured the allegiance of voters in the countryside, winning every election since 2001. The protesters say they are frustrated with the dominance of Mr. Thaksin and are disillusioned with the current democratic system. They have proposed an alternative to the country’s democracy, an ill-defined people’s council made up of representatives from many professions,” reports The New York Times.

Observer Status Is First Step Toward Palestinian Statehood
Louis Rene Beres writes in The Washington Times about where the quest for Palestinian statehood stands one year after it was granted observer status by the United Nations. Just this week, the Palestinians were denied their application to become a member state of the International Olive Council. Ha’aretz reports that Germany and Britain were behind the denial believing that it would harm, not help, international negotiations on an Israeli-Palestinian accord.

A survey last week found that 50 percent of Palestinians asked said they viewed his decision to renew peace talks with Israel in July as “a mistake,” and more than two-thirds expected the negotiations to fail.

A Tired American Politic Willing To Give Room To Obama On Iran Deal
Political analyst Ronald Brownstein contends a lethargic American public is willing to give President Barack Obama some leeway on the Iranian nuclear deal.

“While polls show that Americans would ultimately use force to prevent Iran from acquiring nuclear weapons, the bipartisan congressional and public recoil against military action in Syria this fall probably offers a more revealing picture of the nation’s mood after Afghanistan and Iraq,” he writes, adding that “that means most Americans are likely to give Obama a long rope on diplomacy before they conclude force is the only option left for deterring Iran.”

Is Globalization Moving Forward Or Backward?
A new study by the IESE Business School reported a decline in cross-border investment and trade flows in 2012.

While the recession continued to play a key role, an increase in protectionist measures enacted by national governments and the failure of multinational companies to capitalize on growth in emerging markets has had a negative impact on global trade, say authors Pankaj Ghemawat and Steven A. Altman of the IESE Business School in Barcelona.


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