Spotlight on Geopolitics

Archives for USA

The Asian financial crisis from 1997-98, followed by the subprime crisis of 2007-08 and the 2010 sovereign debt crisis have all but torpedoed what most analysts like to call “the Washington Consensus“. Entire nations and political groups that had opted in the nineties for free markets, political democracy and neoliberal economics are now turning in… » read more

Posted by Florian Pantazi

Nation-building fiasco

The 2003 military action against Saddam Hussein’s regime was supposed to lessen the danger, for the West and especially for Israel, of state-sponsored terrorism. If the military actions in Iraq and Afghanistan were successful however, what followed could rightfully be called a fiasco. As of this month, for example, oil-rich Iraq has become a parliamentary… » read more

Posted by Florian Pantazi

Latin American countries have made great strides in achieving political stability in recent years. Countries like Brazil, Argentina, Bolivia and Ecuador, to give but a few examples, have solved their differences peacefully, helping each other on the path to economic development. In 2008, twelve Latin American countries have decided to form a defense alliance, Unasur,… » read more

Posted by Florian Pantazi

Last week’s 70-minute reception of the Dalai Lama by President Obama has greatly increased the tensions between the US and China, apparently putting Hu Jintao’s planned trip to Washington in April in doubt. Whilst it is hard to gauge what US policymakers hope to gain from supporting Dalai Lama, one thing is clear : God… » read more

Posted by Florian Pantazi

A Feeling of Deja vu

By now, the scenario employed against Greece, Portugal and Spain by New York-based international financial scoundrels is all too familiar to anyone who recalls the events of the 1997-98 Asian financial crisis. Then, as now, hedge funds targeted a country whose GDP was largely dependent on tourist dollars – Thailand – and had fiscal problems… » read more

Posted by Florian Pantazi

A Farewell to US Democracy

It’s official : as of Thursday, January 21st 2010, US democracy as we all knew it has ceased to exist. In a highly controversial ruling, the US Supreme Court has done away with the ban on financial contributions by corporations in candidate elections. Thus, the American political system, already antiquated, will drift further away from… » read more

Posted by Florian Pantazi

Obama’s First Year

From an European perspective, Barack Obama’s first year in office has been less than spectacular as far as results go. His left-of-centre administration includes many of Bill Clinton’s former appointees in vital areas such as economic strategy or foreign affairs. Many of his supporters feel let down with the lack of progress in Iraq, in… » read more

Posted by Florian Pantazi

ESDP and NATO

ESDP (the European Security and Defence Policy), agreed upon at St. Malo ten years ago, and the EU’s own defence force demonstrate the fact that the European Union has become a military and strategic player of growing importance in world affairs. In time, let’s say a few years from now, the 60-year NATO alliance will… » read more

Posted by Florian Pantazi

The Asian Century

Until recently, we were used to hearing neo-conservative pundits peddle the idea that the 21st century will see a renewal of American hegemonism over world affairs. The “new American century” has fizzled out amid botched military interventions, lacklustre economic performance in the States and repeated stockmarket scandals that affected the economic stability of the whole… » read more

Posted by Florian Pantazi

Flawed Missile Shield Arguments

MEP Corina Cretu’s passionate but largely misguided arguments on Blogactiv in favour of the missile shield go to prove my point, namely the fact that it had been designed to contain Russia, not Iran. What is really puzzling about the whole argument is that before being an MEP, Ms Cretu was former president Ion Iliescu’s… » read more

Posted by Florian Pantazi