But changing economic balances also lead to changing political balances.

Political gridlock in Washington and in the United States Congress demonstrates the absence of the bipartisanship needed to address America s fiscal issues. In the United Kingdom, a hung parliament has resulted in a coalition government that will have a hard time implementing fiscal discipline.

In the United Kingdom, a hung parliament has resulted in a coalition government that will have a hard time implementing fiscal discipline.

More broadly, the urgent task for Asian statesmen over the next 5 10 years will be to replace the region s Pax Americana, which has guaranteed regional stability for decades, with a more comprehensive Pax Asia Pacifica that is built on inclusiveness and burden sharing. But such an Asia Pacific peace will be durable only if it is based on a balance of mutual benefits rather than on the balance of power.

But such an Asia Pacific peace will be durable only if it is based on a balance of mutual benefits rather than on the balance of power.

Democracy is supposedly based on a separation and balance of institutional power.

This is not only a question of territory, borders, and oil, but also one that concerns the domestic balance of power.

As in Japan, the downward trend in China s saving rate will show up in its current account.

The changes in the planet s energy budget caused by solar variations are at least ten times smaller in comparison.

But almost all of the reserves sit idle on commercial banks balance sheets.

In that case, a hung parliament could see a third front coming to power as a minority government, supported tactically by one of the big parties.

On my way home from Bard College, where I teach, I am greeted by the George Washington Bridge majestically suspended over the Hudson River.

With bad debt left to fester on banks balance sheets, growth vanished and deflation set in.

State finances are generally in good shape, with public debt at just 11 of GDP.

2. The States concerned shall seek solutions based on an equitable balance of interests in the light of article 10.

Most current projections of a shift in the global balance of power are based primarily on one factor projections of countries GDP growth.

But trans Pacific peace must be based on a balance not of power but of mutual benefit.

Many Chinese mistakenly concluded that this represented a shift in the balance of global power, and that the US was in decline.

Sanctions, while useful, work only in the very long term, and a change in the balance of power within the country is not foreseeable in the short term.

So, on an overall trade weighted basis, the renminbi is substantially higher relative to the currencies with which it competes.

It also shows that business expects that renegotiation to make a significant shift in the current balance of power back towards the UK.

In the first two, the US reassures each of these region s countries that there will be no sudden change in the balance of power that will threaten them.

(Part of the difference has ended up on the European Central Bank s (ECB) balance sheet, but this cannot be a permanent solution.)

Japan has become more willing to use its power, and more aware of changes in the external balance of power.

The prospect of its eventual demise is not a good reason to wait for some theoretical ideal of global balance to materialize.

Only when a country invests less in fixed assets than the amount that it saves will the surplus savings show up in the trade balance.

Saudi Arabia s ruling Sunnis are more threatened than is the US by Iran s support for a shift in the regional balance of power toward Shia Muslims.

With important reserves near populated areas, governments will need to temper their enthusiasm and think about the balance between risks and riches.

But the biggest change in Earth s energy budget by far over the past hundred years is due to the accumulation in our atmosphere of greenhouse gases, which limit the exit of heat into space.

India s democracy and burgeoning economy make it a major factor in the Asian balance of power, and the recent terrorist attacks in Mumbai underscore a shared struggle against violent Islamic extremism.

First, sovereign bonds held by banks are treated as risk free assets under EU rules for calculating banks solvency and capital adequacy levels.

Of the 19 indicated wells, 16 are located within Ingushetia and are owned by OJSC RN Ingneft , reports Interfax .

The changes in the world s balance of power from the West to the East, from the Atlantic to the Pacific, is making both the United States and Europe apprehensive.

Today, some interpret the rise in China s share of world output as signifying a fundamental shift in the balance of global power, but without considering military power.

Many Chinese believe that this represents a shift in the global balance of power, and that China should be less deferential to other countries, including the US.

A recession caused by too much debt and leverage (first in the private sector, and then on public balance sheets) will require a long period of spending less and saving more.

Indeed, the E RISC report estimates that a 10 variation in commodity prices can lead to changes in a country s trade balance amounting to more than 0.5 of GDP.

Brazil has received acclaim in recent decades as a country of clean energy, with sources like hydroelectric power and alcohol playing a major role in the country s energy mix.

If you think I am exaggerating, consider the coverage of other economic news, say, unemployment, GDP, or the trade balance.

In the CRA, for example, members can opt out of providing support and can request early repayment if a balance of payments need arises.

Were banks that chose to securitize sub prime loans instead of keeping them on their balance sheets behaving irrationally?

The exchange rate measures the relationship between at least two currencies, whose values are based on the productivity and domestic balance of their respective national economies.

Now, the balance that I try to fight for, I, as any good liberal, try to fight for first by looking to the government. Total mistake, right?

But, unfortunately, we are not such people, and nuclear weapons have played and continue to play a civilizing role in international relations their use would be so horrible that we tailor our behavior accordingly. As a result, we have little fear of World War III nowadays, even though unprecedentedly rapid changes in the global balance of power are creating classic conditions for unleashing it.

But there is still reason to believe that, at least in the first half of this century, the US will retain its primacy in power resources and continue to play the central role in the global balance of power.