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Chinese engagement in the Dominican Republic: An update

Chinese engagement in the Dominican Republic: An update
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Pueblo Viejo , La Vega , Dominican Republic , United States , Hong Kong , Punta Cana , La Altagracia , El Salvador , Republic Of China , Taiwan General , Puerto Plata , Arroyo Barril , Army War College , District Of Columbia , Marítrinidad Sáhez , Cibao International , Santo Domingo , Instituto Tecnol , Grupo Corripio , Teleantillas Canal , Minera Dominicana , Samil Rizek , Joe Biden , Robin Bernstein , Universidad Iberoamericana , Evan Ellis ,

Chinese engagement in the Dominican Republic: An update


Chinese engagement in the Dominican Republic: An update
Click to read this article in English
Introduction
When President Danilo Medina of the Dominican Republic announced in May 2018 that his government would recognize the People’s Republic of China (PRC), abandoning the Dominican Republic’s longstanding diplomatic commitment to Taiwan, alarm bells sounded in Washington, D.C. Panama had recognized the PRC only one year earlier, while El Salvador’s recognition of the PRC later in 2018 set the stage for a ferocious reaction from the United States. In the end, however thanks to a combination of problems with Chinese projects, a change in government, and the COVID-19 pandemic the Chinese advances in the Dominican Republic that once inspired concern in Washington have gone largely unrealized. ....

Pueblo Viejo , La Vega , Dominican Republic , United States , Hong Kong , El Salvador , Punta Cana , La Altagracia , Puerto Plata , Republic Of China , Taiwan General , Arroyo Barril , Marítrinidad Sáhez , Cibao International , Santo Domingo , Grupo Corripio , Teleantillas Canal , Emanuel Estrella , Minera Dominicana , Leche Rica , Abraham Hazoury , Luis Abinader , Samil Rizek , Robin Bernstein , Universidad Iberoamericana , El Nacional ,

Pope's wind-whipped mantle drives Vatican tailors to consider Velcro


Pope’s wind-whipped mantle drives Vatican tailors to consider Velcro
On his history-making trip to Iraq, Pope Francis often played second fiddle to the gyrations of his cape.
A gust of wind blows Pope Francis’ mantle as he stands by Iraqi Prime Minister Mustafa al-Kadhimi upon the pope’s arrival at Baghdad’s international airport on March 5, 2021. (AP Photo/Andrew Medichini)
March 10, 2021
VATICAN CITY (RNS) Countless pictures document the struggle: For decades, popes have suffered embarrassment and even frustration when their light, shoulder-length mantle, inspired by a sudden gust of wind, smacked them right in the face as they greeted world leaders or waved to crowds while cameras whirred. ....

Panama City , Dario Piccioni , Pope Paul , Paolo Cito Pope Benedict , Pope Franci , Laura Mancinelli , Paolo Cito , Alessandra Tarantino , Chris Pratt , Juan Carlos Varela , Marilyn Monroe , Peter Square , Pope Francis , Catholic Church , Second Vatican Council , Religion News Service , Middle East , Panamanian President Juan Carlos Varela , Lorena Castillo De Varela , John Paul , Pier Paolo Cito , Pope Benedict , Best Accessorizer , பனாமா நகரம் , போப் பால் , பாவ்லோ சிட்டோ போப் பெனடிக்ட் ,

Latin America and China: The economic and debt situation and the U.S. discomfort


Modern Diplomacy
Latin American countries have no relatively good room for fiscal and monetary policy adjustment like China, and basically lack the ability for governmental countercyclical adjustment. This is mainly reflected in their room for fiscal and monetary policy.
From a fiscal viewpoint, the taxation ability of Latin American governments is generally weak. Taxation accounts for 16-18% of GDP, which is obviously lower than the 30-35% level of developed countries.
In terms of monetary policy, since the currencies of Latin American countries are directly correlated to the U.S. dollar exchange rate, the dollar fluctuation also entails the reduction of their room for monetary policy adjustment. These countries have continuously borrowed and cut interest rates. Hence there is little room for further steps. ....

United States , Costa Rica , White House , District Of Columbia , South China Sea , Brunei General , Juan Carlos Varela , Southeast Asia , Laurentino Cortizo Cohen , Wang Yi , Us Congress , United Nations Economic Commission For Latin America , Federal Reserve , Latin American , United Nations Economic Commission , Latin America , China Latin America , United State , President Trump , Sino Latin American , Middle East , South China , Forbidden City , President Laurentino Cortizo Cohen , Panamanian President Juan Carlos Varela , Chinese Foreign Minister ,