TOP

ANALYSIS

October 8 - 14, 2004

   
Venezuela: Oil royalties hiked
The government’s decision to increase royalties on oil joint ventures highlights the growing risk of discretionary state treatment of foreign companies operating in Venezuela.
   
Uruguay: Leftist set to win
Tabare Vazquez has a good chance of winning the presidency in the first round on October 31st. This would give him a firmer mandate than had until now been expected.
   
Chile: A woman’s world?
Two women from President Ricardo Lagos’s cabinet have resigned and plan to vye for the presidency in 2006, an unprecedented development in this socially conservative country.
   
Venezuela: Media assault
President Hugo Chavez is preparing an assault on privately owned television and radio stations with a new bill that will increase government control of the media.
   
Russia: Yukos, rest in pieces?
Russia's authorities have ordered the break-up of embattled oil company Yukos, and want a "loyal" Russian firm to buy its chief subsidiary. Is there any future for Yukos as a smaller oil producer?
   
Taiwan: Olive branch?
Is Taiwan softening or hardening its position towards China? This is a reasonable question to ask given the confusing political signals that have emerged from the island since late September 2004.
   
Australia: Howard victorious
John Howard won a fourth consecutive term as prime minister with surprising ease. His government will be in a stronger position to push through legislation on labour rights, media ownership and privatisation.
   
Iraq: Election wheels turn
Momentum is beginning to build for Iraq’s parliamentary election, scheduled for January 2005. Most Iraqi political figures appreciate that a postponement would constitute a victory for the insurgents.
   
Lithuania: Tethered populists
The new, populist Labour Party has triumphed in the first round of Lithuania's parliamentary election, but it will probably be pegged back in run-off votes and thus denied a majority in the legislature.

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