Given Cyprus’ loss of diplomatic leverage due to the needed economic aid/bail-out, Cyprus needs to proceed with caution toward the EU, while standing by the Turkish-Cypriot community.
In a thought provoking journey introducing his readers to the global economic structures of the Bretton Words era, Frederick Weaver assesses the sustainability of the current form of globalization.
European integration has lost its orientation; European integration is now a lackluster process; European integration lacks vision. There is a certain capability gap as to what Europe can achieve with its current institutional arrangements.
External problems might explain the Chinese slowdown in part – but that is not the real story. China suffers deep structural problems perpetuated by a state dominated financial system.
The original motivation for what has become the EU was for a lasting peace in Europe, in which no country would dominate the continent. Yet, the euro and large country nationalism have changed the EU into the vehicle to achieve that domination.
The future of Europe literally depends on the next Franco-German compromise. Europe cannot be governed by the European Central Bank.
David Cameron needs to put British national interest before his party’s interest. Angela Merkel has now left the door open for the British government to rebuild alliances and regain its position in Europe. It is in the British national interest that the government embraces that opportunity.
The crisis in the Euro Area is enmeshed in an evolving global, and European, financial and economic crisis. Its dimensions are profound, historical, and structural. It raises the stakes in European integration to new heights.
Police brutality is now part of everyday life in Greece. Violence from extreme political circles of all directions is on the rise, and an overall feeling of everyone-against-everyone makes evident the crumbling of Greek society.Thus, the only thing that Greek Police seem to be good at is to provoke indignation.
When making sense of the weird things currently happening in the northern hemisphere, such as the London riots, one trend should not escape our notice: a deepening crisis caused by bankers’ greed is beginning to rip the guts out of democracy. Four years into the deepest economic crisis since the Great Depression, governments of vital parts of the capitalist world are running on empty.
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