Italy’s New Government: Business as Usual

Posted on January 30, 2023 by Assistant Editor

Journal of Political Risk, Vol. 11, No. 1, January 2023

Lorenzo Ammirati

The image depicts a poster with a stylized black-and-white illustration of a woman wearing a military-style uniform and cap, reminiscent of fascist propaganda art. The background features the Italian flag with vertical green, white, and red stripes. Below the image, in bold black and red text, is the label "MUSS-MELONI", which is a play on the names of Benito Mussolini, the Italian fascist dictator, and Giorgia Meloni, the Italian politician. The image appears to be a piece of street art or protest art, criticizing Meloni by drawing a parallel between her and Mussolini.

Poster of Giorgia Meloni, leader of the Brothers of Italy Party, 2022. Source: Duncan Cumming via Flickr.

Nationalist identarian right-wing party Fratelli d’Italia (“Brothers of Italy”) was the only major Italian party to oppose former European Central Bank President Mario Draghi’s “national unity” coalition government which governed Italy between February 2021 and September 2022. Among the key campaign promises made by Fratelli d’Italia’s leader and current Italian Prime Minister Giorgia Meloni during the electoral campaign of September 2022 was a break with the economic policies of the Draghi government. However, the first Italian female Prime Minister has thus far demonstrated the opposite orientation.

In fact, Meloni’s sphere of decision making on economic policy is severely limited. Italy’s extremely high levels of public debt (above 150% of GDP) coupled with weak trust from financial markets and the European Union’s tight fiscal rules make it very costly (both financially and reputationally) for any Italian government to finance new public policies. Additionally, investments are currently mainly being made through the European Union’s Recovery Instrument, an ad-hoc fund created after the COVID-19 pandemic which lends money for EU approved projects, greatly constraining the power of the Italian government.

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Nixon and Kissinger Talk China: Satire

Posted on May 6, 2022 by Assistant Editor

Journal of Political Risk, Vol. 10, No. 5, May 2022

A black and white image depicting Former President Nixon and Henry Kissinger engrossed in conversations the White House.

Former President Nixon and Henry Kissinger engrossed in conversation, 1972. Source: Wikimedia.

Tony Zielinski
Attorney at Law

Editor’s note: This satire is meant for purposes of humor and should not be interpreted as historically accurate.

Henry Kissinger: Mr. President, I suggest we open up formal relations with Communist China and they will be our allies against the Soviet Union.

President Nixon: Do you feel we can trust their leader, Mao Tse Tung?

Henry Kissinger: Mao Tse Tung is the greatest mass murderer in history. He is responsible for more deaths than Adolf Hitler or Joseph Stalin. He is a ruthless unscrupulous tyrant. So my answer is a most resounding yes.

President Nixon: Yes…I think I understand and can work with someone like that.

Henry Kissinger: A big challenge will be how we deal with Democratic and free Taiwan. They have been great friends and allies. Communist China regards them as a renegade state and China will not rest until they conquer Taiwan and take away their freedoms. China will subjugate them to unspeakable brutality because they dared to have freedom of speech, freedom of press, and the right to vote for their elected representatives. Mao will never forgive them.

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Politics in the De-politicised: TikTok as a Source of China’s Soft Power

Posted on December 2, 2021 by Assistant Editor

Journal of Political Risk, Vol. 9, No. 11, November 2021

TikTok logo. Public domain, via Wikimedia Commons.

Zuza Nazaruk

Last year’s “TikTok war” revealed unprecedented hostility of the US government towards the Chinese tech newcomer. The seemingly innocuous software was developed by ByteDance, a Chinese unicorn company. TikTok is a sister app of Douyin, created for the Chinese market. Both apps allow users to share and watch short videos. In July 2020, then-President Donald Trump accused TikTok of a series of breaches, the most serious of which was sharing user data with the Chinese Communist Party (CCP) (Levine, 2020). Yet, some experts, including Adam Segal from the Council of Foreign Relations, considered the near-ban a smokescreen to hinder the growth of the most globally successful Chinese app to date (Campbell, 2020). In 2020, TikTok was the most downloaded app globally, with 89 million new users just in the US (Geyser, 2021). To date, 23% of Americans use or have watched TikTok, with an average American user having spent 14.3 hours monthly on the app in 2020 (Tankovska, 2021).

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US Trade Leverage Against China: An Interview with the Coalition for a Prosperous America

Posted on October 7, 2021 by admin

Journal of Political Risk, Vol. 9, No. 10, October 2021

The image depicts two Maersk-Sealand 40' containers stacked on top of one another. Train tracks are visible in the background.

China Shipping – Maersk-Sealand 40′ Containers, Quebec, Canada, 2018. Source: Wikimedia.

Anders Corr, Ph.D.
Publisher of the Journal of Political Risk

This interview with Michael Stumo, the CEO of the Coalition for a Prosperous America, was conducted between October 5-6 via email.

Corr: Why and when did the Coalition for a Prosperous America begin?

Stumo: CPA started in 2008. Domestic manufacturers, farmers, ranchers and workers agreed that the biggest threat to their well being, and that of the economy, was the large, persistent US trade deficit.

Corr: How is Biden’s ally focus going for him on the issue of trade with China? Is Biden’s outreach to allies helping him on this issue?

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Chinese Communist Party Cooperation with Gangs and Politicians in Canada: Book Review

Posted on May 23, 2021 by admin

Journal of Political Risk, Vol. 9, No. 5, May 2021

The book cover depicts the words "Wilful blindness" in white against a red backdrop and a world map in black.

The book cover of Wilful Blindness, by Sam Cooper.

Anders Corr, Ph.D.

Publisher of the Journal of Political Risk

Wilful Blindness How a Network of Narcos, Tycoons and CCP agents Infiltrated the West, by Sam Cooper, Optimum Publishing International, 2021, $28.95 CAD.

An investigative reporter in Canada, Sam Cooper, is at the tip of the spear, where China injects money, drugs, spies, and underage prostitutes into all of North America. Cooper provides us with a front-row seat of China’s espionage, drug supercartels, support to terrorism, money laundering, and, for a pledge of support to Beijing, campaign donations to the politicians who lurk around China’s United Front groups in Vancouver, Toronto, and Ottawa. Add to that investigations of trafficking in weapons. Heads of state, including Donald Trump and Justin Trudeau, are linked by the author to the nefarious characters from China who are doing this dirty business.

It sounds too crazy to be true.

But Cooper’s new book, Wilful Blindness, is nonfiction, and based on five years of his investigative reporting on the topic, and confidential sources in Canadian intelligence and police agencies. It vindicates, and brings up to date, a joint Canadian Security and Intelligence Service (CSIS) and Royal Canadian Mounted Police (RCMP) report that in 1997 made many of the same claims. That report, called “Sidewinder”, was suppressed by Ottawa, which at time was trying to ink new trade deals with Beijing.

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