McG Comparative Government

Dependence on China: The indispensable economy? Forbes.Com Powerful People 2010: This week when Forbes recognized the President of the People’s Republic of China as the most powerful person in the world, they recognized China’s development as an economic powerhouse. Hu Jintao met all four of Forbes’ defining criteria of power: 1.       Whether the person has [...]

“Putin and Medvedev won’t be burned by Russia fires” By: Michael Stott http://www.reuters.com/article/idUSTRE6792O920100810 Over the course of this summer Russia has been engaged in a prolonged battle against the wildfires that have frequented its lands. The wildfires were brought on by the extreme heat wave that has plagued Russia for the last few months. Not [...]

China Fortifies State Businesses to Fuel Growth Michael Wines The Chinese government’s role in their economy can be summed up in four words: “guo jin, min tui”. This simple phrase has become a saying in China, meaning “the state advances, the private sector retreats”. Similar to the US, China has suffered from an economic recession. [...]

http://online.wsj.com/article/SB10001424052748703837004575013151050816556.html?mod=WSJ_WSJ_US_World Vladimir Putin went to the bottom of Lake Baikal to see if it could be considered ecologically clean. He declared that it was and that a local paper mill could start dumping its waste in the lake again. This enraged environmentalists who had been trying to get the paper mill to stop the dumping [...]

This article explains that unemployment has finally begun to fall for the first time since the beginning of the recession in 2008. The percent of unemployment has dropped from 7.9% to 7.8% in just a month. This may not seem like a large amount but it is progress. Along with this the number of unemployed [...]

The PRI (The Institutional REvolutionary Party) was the dominant political power that ran Mexico for more than 70 years before they were voted out of power in 2000. It was a bumpy seventy years- they were years filled with corruption and turmoil, so why are they being voted back into power now? No a president [...]

In this article, Russia’s president, Dmitry Medvedev shared his ideals for mortgage lending, saying that he would like banks to be able to give loans at 6 to 7 percent. This has caused some controversy. Most people are saying that this goal is very unrealistic. The mortgage lenders are unable to provide such low interest [...]