The PRS Group


More Problems in Greece

Published on Friday, August 09, 2013

The broad coalition government formed in the aftermath of two snap elections held in May and June 2012 has not held up well under the strain of implementing a painful austerity program demanded by the EU and the IMF as a condition for two packages of bailout loans. The coalition was already leaking support when the Democratic Left, the smallest partner, abandoned the government in protest over the enforced closure of the state broadcaster, ERT.

Read more






United Arab Emirates: Conditions Stable, but Risks Remain

Published on Wednesday, August 07, 2013

Since 2009, the federation government has grappled with difficulties stemming from a debt crisis in Dubai and the threat of internal unrest amid the Arab Spring in 2011. To all appearances, the emirs have met those twin challenges with success. The wave of rebellion that swept across the region largely bypassed the UAE. It was kept at bay by generous social spending rather than political concessions.

Read more






Mexican Energy, Labor and Tax Reforms Could Have Major Impact

Published on Monday, July 29, 2013

President Enrique Peña Nieto has managed to enlist the backing of both the conservative PAN and the left-leaning PRD for the reform agenda of his PRI administration. The unprecedented tripartite alliance, dubbed the “Pact for Mexico,” has agreed to steer a total of 95 reform initiatives through the 500-member Chamber of Deputies, and has already delivered in the areas of education, labor-market rules, and telecommunications.

Read more






As Korean Tensions Ease, Focus Shifts to Debt and Economy

Published on Tuesday, July 09, 2013

President Park Geun-hye has suffered a number of political setbacks since taking office in February. This includes the forced withdrawal of four prospective Cabinet nominees from consideration owing to various transgressions or questionable affiliations, allegations that agents of the National Intelligence Service engaged in illegal political activity on behalf of Park’s presidential campaign, and accusations that her top aide committed sexual assault during a state visit to the U.S. in April.

Read more





More Articles

  1. Hollande’s Approval Lower than Any French President Since WWII
  2. $19 Billion Garment Industry Catastrophically Unsafe in Bangladesh
  3. Vietnam Cautious on Reforms as Bad Loans Skyrocket
  4. Nicaragua Canal: A Game Changer or Pipe Dream?

Quick Search

» Advanced Search

John Manzella [seminars]

FREE Impact Analysis

Get an inside perspective and stay on top of the most important issues in today's Global Economic Arena. Subscribe to The Manzella Report's FREE Impact Analysis Newsletter today!