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NEWNATIONS BULLETIN 15 APRIL 2009
Monthly reports on finance, business, trade,
economics, & political analysis
NEWNATIONS BULLETIN 15 APRIL 2009
OBAMA'S FIRST HUNDRED DAYS
Three months into a new US presidency offers an unrivalled moment to take a world-view, touching on all the main product of the engines of power, be they foreign or economic policy, or domestic policy in the nation state of which he is the elected Chief Executive.
But when the greater world with which he has to deal, whilst exhibiting a measure of goodwill towards the new president, unquestionably holds his nation's unrestrained financial sector as the primary cause of the world economic crisis, and that the wars in Iraq, Afghanistan and Pakistan are an American responsibility, he has a credibility problem to overcome. How well he is succeeding in that, and in the wide agenda on which he is embarked may be indicated by his approach to the problems.
Martin Woollacott provides a masterly overview of the challenges and responses this president has already faced and initiated across the spectrum of world affairs. It emerges that this very energetic three months of office has outlined and headlined the initial approach, so that indeed it is in order to already draw certain conclusions, but it is not yet clear for the future as to whether he will become more or less radical as his term continues.
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