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May, 28, 2016

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Commentary
"Economic activity in the world economy remains lackluster, with little prospect for a turnaround in 2016," is the gloomy prognosis of the World Economic Situation and Prospects Update for 2016. The U.N. survey cautions that weak global growth "continues to linger," posing a serious challenge for governments and economies.
 
Billboards extolling the virtues of Vietnam's ruling communist party now compete for space with international brands such as Heineken, Samsung, and Toshiba in this Southeast Asian nation of 90 million. And here in the capital of Hanoi, bicycles and cyclos have given way to high-end scooters, taxis and personal autos as the preferred mode of transportation.
 
Cuba is bracing for rough waters ahead as it navigates a political sea change in Latin America, where the left is fighting an outgoing tide.
 
Nine years ago Father Amado Picardal helped bury a teenager from a slum family who was gunned down by motorcycle-riding assassins in the southern Philippine city of Davao. The death was among hundreds in the large port city blamed on an anti-crime purge some believed was secretly run by its mayor, Rodrigo Duterte.
 
When Donald Trump complains about unfair trade partners, he often singles out Vietnam -- "hot as a pistol right now" and "the new one just killing us."
 
When Ma Ying-jeou entered office in 2008 with more than 7.65 million votes (the highest ever in the nation's history), the country was in a long standing spat with rival China. Domestically, ideological fatigue had set in from de-Sinification and "name rectification" .................
 
Nepal has detained a British man over his alleged participation in an anti-government protest, just two weeks after expelling a Canadian for criticizing the government on social media.
 
Venezuela is being wracked by an increasingly belligerent standoff between the government and opposition, while many Venezuelans are becoming fed up with a floundering economy marked by long lines for food and the world's highest inflation.
 
When Prince died suddenly in April, he left behind no known children. That has his sibling and half siblings lining up in probate court for their shares of a fortune certain to run into the millions, with great earning potential. Yet it's still possible that an unknown heir may emerge.
 
Last week the Obama administration extended economic sanctions against Myanmar for another year saying the step is necessary despite the progress on democratic reforms.
 
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