Pakistan’s Prime Minister Nawaz Sharif has been entangled in the Panamagate scandal revealed on April 3, 2016. The eight offshore companies listed in the Panama Papers are linked to his family members, including a daughter, two sons, and the in-laws of his brother.
After nearly six months of seeing giant shifts in one direction and then the other in Donald Trump’s Taiwan policy, many observers are wondering what is to come next. There are plenty of good reasons to believe that Trump wants to keep the status quo.
With nuclear tension escalating in the Korean Peninsula, it is anticipated that South Korea’s new President Moon Jae-in will foster warmer ties with North Korea. There is possibility of peace and stability if Moon is able to translate his intentions into reality.
Judging from Trump’s focus on making deals and building up US military forces to facilitate negotiations, he espouses a realist view of the world. He is not an idealist. He puts little stock in promoting lofty principles.
On May 9, 2017, South Koreans overwhelmingly selected Moon Jae-in as their next leader. What are the implications for the Korean Peninsula crisis and the region? Of greater concern to voters were their perceptions of the need to regulate the private sector conglomerates.
The Trump administration in its first 100 days has indicated its obligations to its network of allies and friends by focusing on mitigating or resolving the nuclear crisis in North Korea. The US is also working with China in contributing to the resolution of the standoff.
Even though Trump’s actions vis-à-vis the TPP sent some shock waves, his engagements with Japanese Prime Minister Abe suggests that neither is walking away from US-Japan security or their bilateral trade relationship. The same can probably be said about NAFTA.
In order for US-China relations to move towards more cooperation, reducing US trade deficit and increasing Chinese investments in the US to create more jobs, and the multilateral dismantlement of the North Korea’s nuclear ambitions, are the likely positive starting points.