Asia

China: Rumors of the Central Bank Chief’s Defection

Rumors have circulated in China that People’s Bank of China (PBC) Gov. Zhou Xiaochuan may have left the country. The rumors appear to have started following reports on Aug. 28 which cited Ming Pao, a Hong Kong-based news agency, saying that because of an approximately $430 billion loss on U.S. Treasury bonds, the Chinese government [...]



Five Ways that Repressive Arab governments use to resist democracy, Carnegie expert

Most Arab States have increasing poverty, unemployment, and illiteracy rates. The quality of education, healthcare, and social safety-nets for the poor and elderly are falling. lack of democracy and repressive governments limits the West’s ability to help out. A distinguished Egyptian political scientist, Amr Hamzawy, who is also Research Director and Senior Associate Middle East [...]