The first sign of officialdom you see when you drive from the Kabul airport parking lot is a government billboard looming above a traffic jam. It’s the size of a highway billboard in the United States, but closer to the ground, so that you can make out every nuance of the faces on it. Those […]
When he presented his proposals for taming banks in late September, Peer Steinbrück was once again spoiling for a fight. The Social Democratic candidate for the Chancellery in next year’s general election railed against the chase for short-term returns and excesses within the sector and harshly criticized the “market-conforming democracy” in which politics and people’s […]
Economic optimism is now official. The year ahead could be “a very good one for the American economy,” Ben Bernanke, the chairman of the Federal Reserve, declared on Tuesday. If he turns out to be right, these words could probably be applied to the world economy as a whole. Since Bernanke, even more than other central bankers, has […]
In the otherwise ugly EU quarter in Brussels, something of a building boom is going on. There’s the €300m (£241m)-plus being spent to convert an art deco pile into a palace fit for a European president. In a nearby park another €100m makeover is creating the European parliament‘s version of the continent’s postwar history. That’s […]
The 18th National Congress of the Communist Party of China has selected the country’s next leaders. The leadership transition, however, will be formalized only with the consent of the National People’s Congress (NPC)—a puppet parliament with highly predictable voting patterns. Officially the highest state body in China, the NPC is mostly a showcase of democratic mimicry. […]
Egypt’s president decreed his decisions are above review and ordered the retrial of former regime officials ahead of a planned mass protest against the Islamist-led government today in Cairo. Mohamed Mursi’s decisions, which included firing the prosecutor-general and protecting a disputed constitutional committee from legal challenges, come after four days of violent demonstrations in the […]
India is caught in an ugly societal whodunit: Although the per capita gross domestic product for the country’s 1.2 billion people has almost doubled over the past decade, to $838, malnutrition and hunger are still rampant, especially among children. A months-long series of investigative reports by Bloomberg News highlights that India’s failure to adequately feed its […]
One might be tempted to draw comparisons, but it can also become an obsession. Still, that’s exactly what Berliners tend to do, at least when it comes to their city. Whenever it happens, Berlin suddenly isn’t good enough for them, and they constantly feel compelled to draw comparisons — not with just any old cities, […]
Mediating the Gaza truce was a bravura diplomatic performance by Egypt’s new President Mohamed Mursi, jacking up his personal stature and reassuring an anxious Washington that the architecture of Middle East peace can survive the Arab Spring. For nearly two years, Washington has fretted over what would happen in a major showdown between Israel and the Palestinians […]
