This end of year has been quite tumultuous in Europe: European citizens are in the street, rating agencies threaten to downgrade the rating of some members of the Eurozone, the race to elections is going full speed in several EU countries, all this taking place in a dire economic and political climax. The political debate […]
Yet another euro crisis summit is over, and yet another deal has been struck. This time, the deal has taken the shape of an intergovernmental agreement. If I am not mistaken, and I may very well have lost count by now, that makes nine summits and five deals in the past 19 months. Although it […]
Reflecting on 2011: where to start? 2011 has been another busy year for writers, analysts and students of foreign policy: from the Arab revolutions, to the nuclear disaster of Fukushima, to the war in Libya, to the Euro crisis, to the domestic turmoil in the US, so on and so forth. Instead of examining certain […]
This year has been all about Greece. The troika, meaning the IMF, ECB, and Commission, have been working on containing the Greek crisis and limiting the contagion to the rest of the Union and ultimately to the global markets. The outcomes of the meeting over the weekend are a new bail-out plan and more ‘haircuts.’ […]
What does the Euro crisis mean for Europe? Will the Euro crisis lead to the end of Europe as we know it? Is Europe on the edge of being reduced to a simple historical moment only existing in history books? These questions were fostered during an excellent conversation on NPR led by Tom Ashbrook with […]
A power shift at the International Monetary Fund (IMF) in favor of Emerging Market nations has now set the stage for a fierce international battle over who should succeed Dominique Strauss-Kahn (DSK) as he battles well-publicized allegations of sexual assault in New York. The outcome of this struggle and may threaten the ‘gentlemen’s agreement’ […]
As we discuss growing multilateral alliances, and as we report on Russia’s declining economy and rising geopolitical ambitions, we also can continue to note Moscow’s attempts to forge partnerships to ensure its energy dominance whilst staving off more economic attrition. Today, Russian President Dimitry Medvedev met German Chancellor Angela Merkel in Berlin. The meeting […]
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