S&P finally downgraded France’s credit rating several weeks ago, along with a few other EU Member States. The decision could undeniably cost Sarkozy the reelection in May 2012; many believe Sarkozy is solely responsible for the downgrade. But May 2012 is still far away from a political standpoint. Since his election in 2007, Sarkozy has […]
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 […]
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.’ […]
Hollywood and other sects have made millions of dollars speculating on the eventual end of the world in 2012. However, should 2012 be instead seen as the year of the renouveau? Powerful states will go through a change of leadership next year; as is the case with France, the United States, China, Russia, Spain, India, […]
On September 30th, Mr. Rasmussen, NATO Secretary General, gave a talk underlining the themes that will be addressed in the Chicago Summit in May 2012. Mr. Rasmussen is facing a considerable challenge on top of the Afghan mission, namely the financial crisis. The crisis is lasting longer than initially thought and forcing members of the […]
This week, the ballet of heads of state and government will open up at the United Nations headquarter in New York. This year, tensions are a little higher than the previous ones for one reason: Palestine. The Palestinian Authority will be seeking for a change of status within the UN. One of the major concerns […]
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’ […]
Nicolas Sarkozy made the first visit ever by a French president to Haiti, once his nation’s richest colony — offering aid to a country laid to waste after a catastrophic earthquake.
Asia – U.S. President Barack Obama will make his first trip to East and Southeast Asia in November. During his 8 day trip, beginning on Nov. 11, Obama will visit Japan, Singapore, China, and South Korea – in that order. He will focus his speeches on the global economic crisis and global security. He will […]
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