Courtesy: Gateway House
As Pakistan heads to the polls, debt restructuring and economic recovery are on the ballot. The winner of the contest will inherit a weak economy while wielding little authority to implement reform, and will eventually shoulder the blame for the inevitable crisis.
Courtesy: The White House/WikimediaCommons
The new U.S. defense strategy calls for less military spending, and a focus on Asia-Pacific with the strategic emphasis to counter China’s defense build-up as the focal point. This shift could drive the debate toward an aggressive new Cold War rhetoric against China, or accommodation driven by economic necessity.