Argentina is the new darling of Latin America. Just over four months into his term, President Mauricio Macri is taking every step to put the welcome mat out for the international community, and the United States in particular. The Obama administration has reciprocated in kind. It’s a new era, and the future is bright for the bilateral relationship, as well as for Macri’s domestic standing. Gone are the days of antagonistic relations. Now, U.S.-Argentine relations are being advanced on multiple fronts—from trade facilitation to climate change and global health. Even before Obama’s state visit in late March, Washington had already [...]
Editor’s note: This article is part of an ongoing WPR series on the Trans-Pacific Partnership and the potential impact on members’ economies. WPR: What are the expected economic benefits and potential downsides for Brunei from the TPP? Joshua Kurlantzick: Brunei’s economy, heavily dependent on petroleum and petroleum products, needs to become more diversified over the next two to three decades. That is absolutely critical for Brunei to survive as a high-income country that offers extremely lavish benefits for its citizens. The low price of oil is already taking an enormous toll. The government may be implementing harsher versions of Shariah [...]
On Jan. 6, Djibouti announced it was severing relations with Iran inresponse to attacks on Saudi Arabia’s diplomatic missions in Tehran, following the execution of a prominent Shiite cleric by Saudi authorities. Shortly after, a joke appeared on Telegram, an instant messaging app popular among Iranians: “One good thing that the snapping of ties with Saudi Arabia taught me is geography. At least now I know where Djibouti is.” Although many Iranians have since dismissed the tiny Horn of Africa state as an inconsequential actor, it was not that long ago that Tehran sought to expand its engagement with small [...]
