SO WHAT HAS GONE WRONG in Europe in recent years? I shall divide my analysis into three broad subjects: the challenge of European unity; the requirements of democracy; and the demands of sound economic policy. These are all related to each other, analytically as well as empirically. Read Here – The New Republic
With Arctic ice melting at record pace, the world’s superpowers are increasingly jockeying for political influence and economic position in outposts like this one, previously regarded as barren wastelands. At stake are the Arctic’s abundant supplies of oil, gas and minerals that are, thanks to climate change, becoming newly accessible along with increasingly navigable polar shipping shortcuts. […]
BRUSSELS/ALGIERS: Egypt, Algeria and Morocco on Thursday slammed an anti-Islam film that has sparked protests worldwide, but also denounced attacks on US missions by angry protesters. Egypt’s Islamist President Muhammad Mursi vowed Thursday not to allow attacks on foreign embassies in Cairo, saying the Egyptian people reject such “unlawful acts.” Speaking during a visit to the European […]
There is a parallel between the ongoing euro crisis and the international banking crisis of 1982. Back then, the International Monetary Fund saved the global banking system by lending just enough money to heavily indebted countries; default was avoided, but at the cost of a lasting depression. Latin America suffered a lost decade, writes George […]
The fiasco at London Metropolitan is making every university with non-EU students sit up and rub its eyes. While British people of all ethnicities may well be becoming more hawkish on immigration, the proposed clampdown on student visas seems designed to appeal to those whose idea of Britain is not imaginative or comprehensive. Read Here – The […]
This essay is adapted from Mark Mazower’s Governing the World: The History of an Idea, coming this month from the Penguin Press. Read Here – The Nation
The world’s largest energy exporter plans to construct an oil refinery on the Pacific coast and may send grain eastward asToyota Motor Corp. (7203) and Mazda Motor Corp. (7261) consider building Russian plants. The government has spent more than $20 billion to showcase Vladivostok, 4,000 miles east of Moscow, as leaders gather for this week’s Asia-Pacific Economic Cooperation […]
The more Germany tries to save the Eurozone, the more it become the union’s scapegoat. The best response: ignore the populists, and keep on trucking, Sebastian Pfeffer writes in the European. Read Here
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looking beyond borders 