Guest Post by Artur Kluz, Guy Billauer The European Union is walking a thin line. Bloomberg News recently reported that European CEOs are actively considering the worst case scenario – namely, the end of the Euro. Spanish and Italian companies are increasingly moving funds to Germany in expectation of one or more Eurozone countries exiting the Eurozone. Germany’s Central Bank recorded […]
Georgian authorities report today that a bomb planted in the car of an employee of the Israeli embassy was defused by police. The employee was, according to Georgian TV news station Rustavi 2, a Georgian citizen by the name of Roman Khachaturian, a driver for the embassy and the luckiest man in Tbilisi. Khachaturian told […]
As Europe suffers a severe a cold snap, EU-Russian relations are experiencing a proverbial chill. The diplomatic cooling is the result of EU foreign policy chief Catherine Ashton’s criticism of Putin’s democratic credentials. The sharpness of Ashton’s critique was for many a somewhat surprising, yet desirable development. Indeed, the tough stance on the state of […]
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 […]
The cold snap that has frozen most of Europe solid has created some tensions over Russia’s role as supplier of natural gas to its neighbors. On Friday, a Gazprom official claimed that Ukraine was taking more than its share from the pipeline that runs through its territory. For those who remember the unpleasantness between Moscow […]
Carlos Slim is well known in Latin America and abroad as one of, if not the wealthiest CEO in the world. He was even mentioned on the Colbert Report this past week introducing him to the American public as someone who’s net worth trumps that of Mitt Romney as well as that of Donald Trump. […]
The last two years were a bumpy ride for the European security policy. One may claim that the Europeans once again failed not only to convey a clear message about their security goals to the foreign partners, but also to take concrete actions in order to stave off the creeping erosion of the Common Security and Defense Policy (CSDP). Do we really face a European strategic decay in that domain? Indeed, some serious doubts about this statement may be raised. Therefore, it is high time to debunk three prophecies about European security in 2012.
These last couple weeks I have been watching numerous movies on British politics. Coincidence or calculations? Yesterday night, it was Tinker, Tailor, Sailor, Spy, the night before Page Eight (which by the way is one of my favorite spy movies), tonight most likely the Iron Lady. Prior to this triple hat, I saw the Queen, […]
There is no real progress to report on the investigation into the murder of Rafiq Tagi, although as I mentioned shortly after his death, a number of theories—some of them rational, others not—cropped up immediately on social networking sites and internet forums. My guess is that Tagi was killed by Islamists who were incensed by […]
Theodor Lessing’s book Der Jüdische Selbsthass (Jewish Self-hatred) was the first work to discuss the concept of Jewish self-hatred, which as the British Journal of Social Psychology states “is often used rhetorically to discount Jews who differ in their lifestyles, interests or political positions from their accusers.” In Austria, this accusation is sometimes labeled against […]
Anyone watching the end of the year documentaries on stations like the BBC and other international broadcasters likely feel the sense of slight growth in the United States mixed with slowing growth in places like South America and other regions that have thus far resisted the 2008 economic collapse effectively. With the main focus of […]
News out of Baku courtesy of Radio Free Europe and the viral Azerbaijan rumor mill is that Jabbar Savalan was released from prison today (26 December) in a general amnesty granted by President Aliyev. As noted earlier on this blog, clemencies for political prisoners are not uncommon, and usually take place to coincide with some […]
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 […]
At least 23 and perhaps as many as 26 of the 27 members of the European Union have agreed to an inter-governmental agreement that may or may not save the euro from the bond market vigilantes. A full-blown treaty failed because there was not unanimous support for the idea – Britain stood alone in saying […]