Global News Journal

Central Europe; a safe harbour in the financial storm

September 23, 2008

euro.jpgIf being in the European Union were ever controversial in central Europe, the current financial turmoil may be delivering the ultimate proof that it was worth it.

from Pakistan: Now or Never?:

Kashmir trade: glimmer of hope or false dawn?

September 23, 2008

In the aftermath of the deadly hotel bombing in Islamabad, amidst fresh tensions with the United States over  helicopter intrusions in Pakistan's northwest, and in spite of reports of fresh cross-border firing in Kashmir, negotiators from India and Pakistan met in New Delhi and agreed to open trade across Kashmir. There could hardly have been a more unlikely time for the two countries to agree to crack open one of the world's most militarised frontiers, where a ceasefire which has more or less held since 2003 is beginning to fray at the edges.

from Pakistan: Now or Never?:

Pakistan: firing reported on Indian and Afghan borders

September 22, 2008

Just two days after a suicide bomb attack on the Marriott killed 53 people in the heart of Islamabad, there were reports of trouble both on Pakistan's border with Afghanistan and on the Line of Control with India.  

“I told you so!” Merkel tells U.S., Britain

September 22, 2008

German Chancellor Angela Merkel delivers a speech to members of her conservative Christian Democrats in Berlin, September 22, 2008. Wage gains in Germany have been moderate in recent years, and this will likely remain the case, Merkel said on Monday. REUTERS/Tobias Schwarz

German Chancellor Angela Merkel sent a clear “I told you so!” to the United States and Britain at the weekend, criticising them in unusually frank terms for resisting measures that might have contained the current financial crisis. The conservative leader of Europe’s largest economy reminded her partners that she had pushed for steps to boost the transparency of hedge funds during Germany’s presidency of the Group of Eight last year. ”We got things moving, but we didn’t get enough support, especially in the United States and Britain,” she told the Muenchner Merkur newspaper. Merkel expanded on her point in a speech in Austria, suggesting that both Washington and London were only now coming around to her view.

Should South Africa’s ANC split?

September 22, 2008

Supporters of Jacob Zuma, the leader of South Africa’s ruling ANC, chant slogans at the Pietermaritzburg high court outside Durban, August 5, 2008. Zuma appeared in court in a bid to win the dismissal of a graft case that could wreck his chances of becoming the nation’s president next year. REUTERS/Siphiwe SibekoThe African National Congress faces the biggest internal crisis of its history after the decision to oust President Thabo Mbeki following suggestions of official interference in the corruption case against his rival, party leader Jacob Zuma.

The new Iraq invasion: tacky, boring design

September 22, 2008

atlantis-in-dubai.jpgHaving escaped the plastic camels and plasterboard Islamic arches of the Gulf’s mostly soulless hotels and malls, my heart sank when I saw plans for “new Najaf”, to be built next to the holy Shi’ite city of Najaf in southern Iraq.

Tzipi Livni as Israel’s next Golda Meir? Well, not so fast.

September 21, 2008

Israel’s Foreign Minister Tzipi LivniTzipi Livni, Israel’s foreign minister, put some deep cracks in the macho Mediterranean country’s glass ceiling with her victory — albeit a narrow one — over former general Shaul Mofaz in Wednesday’s Kadima party leadership election.  But no sooner had she moved a step closer to becoming Israel’s first woman prime minister since the legendary Golda Meir in the 1970s, than two former members of the vaunted Sayeret Matkal commando unit got together for a strategy session.    

Are U.S. troops learning from cultural blunders in Iraq?

September 21, 2008

U.S. soldiers patrol a road in Mosul“Sir, I’m going to have to ask you to leave that bottle of water in the vehicle,” Captain Adam Canon told me as I got out of the Humvee. We were about to meet some Iraqi army officers in the northern city of Mosul, one of Iraq’s insurgent hotspots. “It’s because it’s Ramadan. The men we’re about to meet haven’t had anything to drink in this heat the whole day and there’s still three hours to go.”

Trotsky in the night

September 21, 2008

trotski.jpgI’d almost forgotten he was there, in my home. Then came the global economic crisis with its visions of apocalypse, and he caught my eye again, this fiery orator, this ruthless revolutionary killer, the scourge of global capitalism.

from Pakistan: Now or Never?:

Huge bomb hits heart of Islamabad

September 20, 2008

Scene of destruction outside Marriott Hotel

A suicide truck bomber hit the Marriott Hotel in Islamabad on Saturday, killing at least 40 people, wounding nearly 250 and starting a huge fire.