By Mohammad Kabiya – Re-Blogged From Prager University
World politics affects Economics in many ways.
We’ve covered Brexit quite a bit over the last few weeks. We’ve talked about China’s moves to get their currency, the Renminbi, ready for prime time International Reserve Asset status through their massive buildup of Gold over the last decade. And we’ve talked about monetary QE in Japan and many other countries besides the US.
The Middle East, sitting at the crossroads of European and Asian Economic and military interests, including their control of a still significant supply of oil,is another area of concern for us. US-Israeli relations have deteriorated during the Obama administration, and the prospects for a Clinton Presidency are likely to continue this downtrend.
I came across this timeline of items about Obama’s actions toward Israel which you might find interesting.
It was written by Ben Shapiro (no relation) on 20 Mar 2015.