Spotlight on Geopolitics

Archives for neoliberalism

Resolving the EU’s debt crisis might be affected by political indecision. America’s economic recovery, however, is affected by political infighting and proposals of Keynesian-style stimulus packages that have no chance of being adopted by Congress and are inappropriate at this junction in time. The lessons of the 1980’s recovery could help end the current policy… » read more

Posted by Florian Pantazi

This autumn’s wave of demonstrations in Paris and other European capitals were expected to spare London, the citadel of neoliberalism. Various experts were hard at work trying to explain in the media why, in England, ordinary people would accept the most savage budget cuts since the war without resistance. Even the Liberal Democrats, who before… » read more

Posted by Florian Pantazi

Hungary bucks austerity trend

In 1956 the Hungarians rose in revolt against the excesses of Soviet communism. During the 1980’s, the Hungarian society was already making the transition to what we now call the post-Soviet era and its communist politicians opened the country’s borders to East German refugees fleeing to the West . These days, Viktor Orban and his… » read more

Posted by Florian Pantazi

Present this week at a conference in Latin America, US Secretary of Defense Robert Gates was accused by Evo Morales, the Bolivian president, of using all sorts of pretexts – narcoterrorism, anti-drug campaigns, guerrilla warfare, and so on – to destabilise left-leaning regimes there in favour of American-friendly conservatives. To substantiate his accusation, Morales referred… » read more

Posted by Florian Pantazi

The end for a paper tiger

For over two decades now, we got used to being force-fed by the English-speaking media with regular upbeat stories about Ireland, EU’s own “tiger”. Thus for the first time in the young republic’s history, “the luck of the Irish” fatalism had given way to optimism and to the widely shared belief that Ireland had finally… » read more

Posted by Florian Pantazi

A few days before President Obama’s departure for Lisbon, two prominent Democrats exhorted him in the columns of Washington Post to announce publicly that he would not run for a second term in office. Having been seen as the best hope for the Democrats’ election chances in decades, President Obama is regarded these days as… » read more

Posted by Florian Pantazi

Last weekend the European branch of the Trilateral Commission convened in Bucharest, ostensibly to discuss the West’s relationship with Russia and China and how to tackle the problems confronting the global economy. Founded in 1973 following the initiative of David Rockefeller, the Trilateral Commission reunites the representatives of Big Oil, Big Tobacco and Big Finance… » read more

Posted by Florian Pantazi

The IMF’s semi-annual meeting in Washington this weekend has failed to produce concrete proposals aimed at avoiding a currency war. The unrealistic pressure put on China to allow the yuan to suddenly appreciate by 20 percent has been strongly resisted by Zhou Xiaochuan, the Chinese central bank’s governor. He had good reason to do that:… » read more

Posted by Florian Pantazi