The PRS Group


Greek Compromise Is Key to Containing Risk

Published on Sunday, March 08, 2015

A snap election held in late January produced a decisive victory for Syriza. This leftist party pledged to force the IMF, the EU, and the European Central Bank — the so-called “troika” — to renegotiate the terms of agreements made by previous governments to obtain emergency loans totaling $280 billion, and gave its blessing to the write-off of about one-half of the country’s near $400 billion public debt.

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Venezuela Goes from Bad to Worse

Published on Thursday, March 05, 2015

President Nicolás Maduro’s desperate effort to sustain the socialist framework he inherited from the late Hugo Chávez in 2013 is careening toward failure. A steep fall in global prices for oil, the main source of the government’s income, has exposed fully the systemic weaknesses caused by years of economic mismanagement.

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Israeli Coalition Math Favors the Right

Published on Wednesday, March 04, 2015

A snap parliamentary election will be held on March 17, triggered by the collapse of Prime Minister Benjamin Netanyahu’s ideologically eclectic coalition less than halfway through its four-year mandate. The political marriage in which Netanyahu’s center-right Likud teamed up with both moderate nationalists and staunch right-wingers was troubled from the start by disagreements over budget issues, and was left weakened in the aftermath of a 50-day military operation in the Hamas-controlled Gaza Strip.

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Chinese Risks Will Increase as Economy Slows

Published on Thursday, February 12, 2015

The crackdown on high-level corruption that has characterized Xi Jinping’s presidency has continued as the ruling CCP takes steps to address a major contributor to popular discontent, while also providing Xi with an opportunity to purge rivals and consolidate his position. Both objectives have taken on added urgency as the latest growth figures and evidence of strains in the financial system raise question marks about China’s economic stability.

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More Articles

  1. Putin Is Running out of Options
  2. Brazil’s Rousseff Signals Return to Fiscal Discipline
  3. Saudi Arabia’s Security and Regional Unrest
  4. Cuba’s Investment Reforms Are Not Enough

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