The PRS Group



The Impact of Italy's New Government

Voters went to the polls in February, and the electorate’s rejection of the austerity program carried out by a technocratic regime backed by both of the main political parties resulted in a hung parliament. The anti-euro Five Star Movement, headed by irreverent comedian Beppe Grillo, made a stunning third-place finish.

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Although Problems Lie Ahead for Maduro, Venezuelan Chávism Will Persist

A special election was held in mid-April to fill the presidential vacancy created by the death of Hugo Chávez in early March. Chávez’s hand-picked successor, Nicolas Maduro, was heavily favored to defeat the joint opposition candidate, Henrique Capriles. However, Maduro won by less than two percentage points, compared to Chávez’s nearly 11-point margin of victory over Capriles in October 2012, and the opposition candidate has challenged the results.

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President Obama: No End to Gridlock

Despite a series of potentially damaging scandals, President Barack Obama continues to enjoy a positive net approval rating for his overall job performance and is viewed more favorably than the leaders of the opposition Republican Party on his handling of most issues of greatest concern to voters. Approval of Obama’s management of the economy, although below 50 percent, is surprisingly high for two reasons.

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Japan's Shinzo Abe: Tough Forecast Ahead

The landmark victory of the DPJ in 2009 promised a fresh start after five decades of the LDP political dominance. But the party failed to live up to expectations, and went down to defeat at an early election that was held in December 2012 against a backdrop of growing economic pessimism. The LDP’s victory capped a remarkable political comeback for Shinzo Abe.

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