U.S.-Iranian Tensions Cloud Victory for Moderates in Tehran

Mixed reactions greeted President Hassan Rouhani’s landslide reelection victory in Iran over the weekend. Rouhani, a political moderate (at least by Iranian standards) who negotiated a landmark nuclear deal with the United States and other world powers during his first term, was the favorite candidate of both young Iranians hoping for change and international investors looking for stability.

He is expected keep Tehran on the path to more transparency and engagement with the world. Even though the president is largely subordinate to the supreme leader in Iran’s unique political system – meaning the government’s aggressive foreign policy and repressive domestic one are unlikely to change anytime soon – he still wields some influence over the direction the country takes. Continue reading “U.S.-Iranian Tensions Cloud Victory for Moderates in Tehran”

What Does the Expanded Laptop Ban Mean for Business Travel?

Chances are good the government will expand the ban on bringing electronic gadgets into the cabin on trans-Atlantic flights.

Although a decision is still being mulled by the Homeland Security Department, most aviation experts expect DHS to act sooner rather than later. The anticipated expansion would extend to all U.S.-bound flights originating from some European cities. It started in March and only covers foreign carrier flights beginning in 10 Mid-Eastern and African airports. Passengers boarding in those cities much check devices bigger than a smartphone, including laptops, tablets, e-readers, cameras, portable DVD players, electronic games, printers and scanners. Continue reading “What Does the Expanded Laptop Ban Mean for Business Travel?”

Previewing France’s Presidential Election

A wave of euphoria greeted Emmanuel Macron’s narrow victory in the first round of France’s presidential election last week. Markets and pundits alike cheered, taking the outcome as yet another sign that Europe’s populist threat – which only a few months ago looked as if it might swallow the continent whole – was nothing more than a paper tiger. Talk of France possibly departing the European Union has died down and European stock markets have rallied.

Macron, a one-time Socialist cabinet minister who broke with his party to run for president as an independent, will now face Marine Le Pen of the right-wing National Front in a runoff election on May 7.
Continue reading “Previewing France’s Presidential Election”

Foreign Policy Challenges To Test President Trump

There’s a famous (though probably apocryphal) Chinese curse that is frequently cited when the world becomes unstable and chaotic: “May you live in interesting times.”

Donald Trump, whether he likes it or not, has become president at a very interesting time in history. Only months after taking office, he faces a world rife with potential problems, any one of which could potentially erupt into a full-blown crisis.                Continue reading “Foreign Policy Challenges To Test President Trump”

The Terror Attack in London

The threat of terrorism in Europe is far from over. That much was clear after the recent attack in London that killed four people, injured dozens and jolted the United Kingdom as the country prepared for negotiations to exit the European Union.

This was the latest in a string of attacks in Europe over the last two years, many of them committed by “lone-wolf” assailants: Those who have been radicalized by online propaganda from groups such as the Islamic State, but aren’t actually affiliated with them. Continue reading “The Terror Attack in London”

Will antiestablishment fever sweep through Europe?

Europe is in for a bumpy ride next year, and U.S. business interests across the pond will feel the vibrations.

Populism is sweeping across the continent, generated by voter anger at the political establishment over weak economic growth, the scarcity of jobs, an anti-immigrant backlash and a perception that financial markets matter more to government leaders than the well-being of ordinary workers. It has just swept Italian Prime Minister Matteo Renzi from power and earlier did the same to British Prime Minister David Cameron—and it’s headed full bore for the European Union’s biggest and most influential economies. Continue reading “Will antiestablishment fever sweep through Europe?”