GPM Roundup: Xi Jinping, Tussling Koreas, Post-Chavez Venezuela, and a New Phase of an Old Crisis in Europe

China: Enter the Xi Jinping Administration
The National People’s Congress put its final rubber stamp on a series of appointments this week, filling out the remaining unknowns of the government that will rule China for the next ten years.

Introducing the Latest Eurozone Contagion: Cyprus
The latest developments coming out of Cyprus might not seem overly dramatic: swapping the abstract, shared liability of taxpayer money for a more direct one in bank savings accounts. But in this small policy pivot lies the seed for a new and potentially ruinous fear that could spread through the peripheral European markets.

The Eternal Deja Vu of Inter-Korean Conflict
Though this behavior has some analysts scratching their heads and wondering whether there was ever a kernel of reconciliation in the Kim Jong-un administration to begin with, we shouldn’t be too surprised by what we’re witnessing. After all, we’ve seen it all before.

Post-Chavez US-Venezuelan Relations: Headed for a Thaw?
Now that the “Bolivarian Revolution” is all but discredited, and countries like Brazil have proven that it’s possible to alleviate poverty through trade and keep US influence at arm’s length, a US-Venezuelan thaw is theoretically possible. However, authorities in Washington will likely have to endure another round of vitriol and wait until the dust settles in Venezuelan domestic politics before their window of opportunity presents itself.

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