Articles
Money Matters
Six ways economics will be driving foreign relations this year.\r\r\r\r1 Sudan and China Despite international outrage at the Darfur genocide, oil-rich Sudan continued to receive billions in investment from China (and others). But when their trade relationship began to cast a shadow on the Olympics, China..\n
12.20.08
Six ways economics will be driving foreign relations this year.
2 Kashmir, India, and Pakistan After decades of armed conflict in the contested territory of Kashmir, India and Pakistan opened the first trade route across the much-militarized border in October. Trucks carrying apples, nuts, and carpets crossed the border for the first time in 60 years. Still, tensions are expected to flare, as the Kashmiri separatists have called for a boycott of the local legislative elections in November and December.3 Turkey and the European Union Despite the divisiveness of President Abdullah Gül-a conservative Muslim in the largely secular Turkey-Turkey's business community threw its weight behind him for a few simple reasons: Under Gül's party, Turkey enjoyed six years of economic growth, became the sixth-biggest economy in Europe, and is considered stable by international credit-rating agencies. Expect the E.U. to be increasingly accepting of letting Turkey into the Union in coming years.