Tax havens have been around for decades but they were viewed as marginal if not esoteric phenomena. Attitudes are changing. As new data on international financial flows becomes available, it is difficult to avoid the conclusion that tax havens are at the very heart of 'neoliberal' globalization, aiding and facilitating tax avoidance on a vast scale.
The US presidential election in November promises to be closely fought - and exceptionally raucous. Unprecedented amounts of money will be spent during the campaign, much of it on 'attack ads'. Here are five statistics to help sort out the issues from the noise.
The former prime minister of Sweden, mediator in the Balkans and current foreign minister talks to Alan Philps. He advocates a Nordic cold shower for southern Europe, sees alarming levels of debt in the US, and anticipates a Russian change of heart over Syria.
Political Geography:
Russia, United States, Europe, Balkans, Syria, and Sweden
The 2012 US presidential election inverts the relative strengths and weaknesses of the candidates in 2008: Barack Obama is now tough and experienced, Mitt Romney a diplomatic neophyte. One of John McCain's more memorable assertions in 2008 was that he would 'follow Osama Bin Laden to the gates of hell'. Obama's actions have spoken louder than McCain's hyperbole. On 2 May 2011, the President sanctioned a navy SEAL raid that killed Bin Laden in Pakistan. The boldness of this decision—in declining to inform Pakistan of US intentions and in using ground forces instead of launching an air strike—has largely armoured Obama against Republican attacks on his alleged lack of fortitude. So where can Romney land meaningful blows now?
US foreign policy in the first decade of the twenty-first century has been dominated by religion in a way that would not have seemed possible for most of the second half of the twentieth. Al-Qaeda's attack on the United States in September 2001, the subsequent US invasions of Afghanistan and Iraq, the upsurge in Islamist militancy and the populist overthrow of despotic US allies in the Middle East all focus attention on the importance of religious actors. For much of this period academic interest has centred on radical Islam and the attempts by western governments, and the United States in particular, to contain Islamism through embarking on the global 'war on terror' in its various manifestations, and supporting pro-western despots in the Middle East. While there has also been much interest in the emergence of elements of the Christian right as foreign policy actors, until recently insufficient attention has been paid to the increasing role played by religious organizations in the delivery of US foreign policy objectives. American faith-based International Relations (IR) scholars and political scientists have successfully agitated for an increased religious dimension to foreign policy, in particular in the areas of diplomacy and overseas assistance and development. While such an emphasis is designed to further US foreign policy interests, this article argues that such a policy can be counter productive where these religious actors pursue sectarian rather than secular objectives. Using faith-based initiatives supported by the United States Agency for International Development (USAID) as a case-study, the article highlights the potential dangers of faith-based foreign policy approaches.
The United States has entered a period of strategic change. After spending more than a decade fighting a global counterterrorism campaign and two ground wars, it now faces shifting security challenges. The United States has killed Osama bin Laden and decimated the core leadership of Al-Qaeda and like-minded groups in Pakistan, but regional Al-Qaeda affiliates in Yemen and the Horn of Africa have taken the lead in planning and attempting terrorist attacks. American troops have left Iraq and are leaving Afghanistan, but 15,000–30,000 may remain in Afghanistan after 2014 to train Afghan forces and strike terrorist cells. Iran continues to pursue the ability to produce nuclear weapons rapidly should its supreme leader decide to do so, further destabilizing a Middle East region shaken by the Arab Spring. China continues to invest heavily in military modernization, raising sharp concerns among its neighbours. North Korea may continue to lash out militarily as its new leader Kim Jong Un seeks to demonstrate control. Last but certainly not least, the global economy remains fragile, the American economic recovery has stagnated, and US policy-makers have responded to rapidly growing American debt by reducing government spending in numerous areas, including defence. The size of these budget cuts may increase substantially in the months ahead.
Political Geography:
Afghanistan, Africa, United States, China, Iraq, Middle East, North Korea, and Yemen