Brexit: From a Regional to a Global Impact

The impact of the June 23rd Brexit vote will go far beyond the response from the Global markets: Implications of the decision are not only economic.
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BREXIT TO BE OR NOT TO BE ?

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With British voters in the United Kingdom set to cast their ballots over EU membership on June 23, two last-minute polls are showing slight leads for the “leave” campaign, Bloomberg reported June 22.

An online survey by TNS, which conducted sampling from June 16 to June 22, showed those in favor of leaving the European Union leading by 2 percent, while another online poll conducted by Opinium from June 20 to June 22 showed the “leave” camp up by 1 percent. With just hours to go before balloting starts across the country, champions for both causes made their final appeals.

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Stuggle for unconditional power: Turkish Prime Minister steps down in light of a tenuous immigration agreement

Turkey's Prime Minister Ahmet Davutoglu addresses the media in Ankara December 11, 2014. REUTERS/Umit Bektas (TURKEY - Tags: POLITICS) - RTR4HNSC

As the Kurdish militancy issue is dragging more pressure on the Turkish executive branch at a time the region is rocked by massive instability, Prime Minister Ahmet Davutoglu is stepping down because of differences with the President.

That move is taking place right after Prime Minister Davutoglu appeared as instrumental in the Turkish-EU immigration agreement.

The Prime Minister has also ruled out running as the leader of the AKP.

To understand that political struggle for unconditional power, one must remember that President Erdogan had set up a group of loyalist within the AKP. The difficulties he came accross with his Prime Minister pushed him to consider other alternatives for the AKP’s leadership. Erdogan wants someone in that position that will be more amenabled to him.

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Brazil: Corruption & Policy

12806176_1135618059805924_6812705826686326272_nEarly March 4, former Brazilian President Luiz Inacio Lula da Silva and his close friend and political ally, businessman Paulo Okamotto, were detained for questioning in the 24th phase of the country’s anti-corruption probe, known as Lava Jato.

Da Silva and Okamotto were both later released and did meet with leaders from the ruling Workers’ Party (PT) in Sao Paulo to discuss the detention, any possible future indictments, and the consequence for the party and for Brazilian President Dilma Rousseff.

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The Gulf States Political Stability threatened by the Islamic State

tousThe coalition stricking Syria is about stopping IS from gaining more territories than the ones it has already invaded. The Islamic State (IS) has gained a lot of territories,  and in an unprecedented move, the Arab Gulf States’ role in the region has, as a consequence, taken a new turn. Continue reading

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Nigeria: Abducted Girls Freed, Official Says Then Retracts

_74646579_boko-haram-video-picA Nigerian defense spokesperson confirmed and then promptly denied that an unidentified number of the more than 200 girls kidnapped in April by the militant group Boko Haram had been released into military custody, BBC reported Sept. 23. The spokesperson said that there were girls in military custody, just not those who had been kidnapped from Chibok. Boko Haram seems to have recently changed tactics, making some key territorial gains in the past couple of months.

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The new deal for Europe

The current banking crisis is an unintentional victim of a much deeper problem, that of the sovereign debt crisis. This debt crisis, and consequently that of the banks, is what must take priority over other issues.

These days, no-one seems to give a genuine thought to how we could solve the financial and banking crisis that is shaking up the old continent. Politicians seem to be taking their time, waiting for decisions to be made, neglecting to take into account that economic cycles often move much faster than political ones.

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