Global News Journal

EU “maximises its bottom-up cohesion going forward”

April 26, 2010

All institutions have their gibberish and jargon, but the European Union really does take the biscuit sometimes.

from Pakistan: Now or Never?:

On tipping points and Taliban talks

April 25, 2010

british soldierOne of the issues that seems to arouse the strongest emotions in the Afghan debate is the question of when the United States and its allies should engage in talks with the Taliban.  Some argued that the moment was ripe a few months ago, when both sides were finely balanced against each other and therefore both more likely to make the kind of concessions that would make negotiations possible.  It was an argument that surfaced forcefully at the London conference on Afghanistan in January. Others insisted that U.S.-led forces had to secure more gains on the battlefield first.

Thai red shirts defy crackdown with carnival-like protest

April 24, 2010

(“Red shirt” protesters dancing in the main shopping district in Bangkok. Reuters/Eric Gaillard )

from Pakistan: Now or Never?:

Wagah – The tragicomedy of India-Pakistan

April 23, 2010

wagah2Most people who follow South Asia have either watched the Beating the Retreat ceremony at Wagah on the India-Pakistan border on video or been there in person. The farcical and choreographed display by goose-stepping soldiers from India and Pakistan as they slam shut the gates on the border crossing is such a  staple for Western journalists that it has almost become too cliched to write about.

Greece gets help, but debt quicksand is all around

April 23, 2010

After five months of struggling to stay afloat in the quicksand of a debt crisis, Greece has finally asked the European Union and the IMF to throw it a lifeline

Which companies are oiling the cogs of EU legislation?

By Reuters Staff
April 22, 2010

If Europe’s lobbying register is correct, oil giants like Shell and BP are spending just a few hundred thousand euros a year on EU lobbying, sums that are dwarfed by the millions they spend across the Atlantic.

Biofuels’ green credentials called into question

April 22, 2010

Biofuels were once seen as the perfect way to make transport carbon-free, but a series of EU studies are throwing increasing doubt on the green credentials of the alternative fuel.

from Tales from the Trail:

Senate Republicans keeping powder dry on START treaty

April 21, 2010

There appears to be no rush among Senate Republicans to finish what President Barack Obama STARTed when he signed the new arms reduction treaty recently with Russia's Dmitry Medvedev.

Luxury brands ride high in online trade dispute

April 21, 2010
The European Union’s competition regulator made an important move this week, issuing revised rules governing the sale of goods and services over the Internet in Europe.

The so-called “vertical restraints block-exemption regulation”, unveiled on Tuesday, set down new guidelines for online retailers who don’t operate a ‘bricks-and-mortar’ outlet. In doing so, it sought to resolve a debate that has been going on for years between luxury brand retailers such as Gucci and Chanel and discounters who sell big-name brands more cheaply from warehouses over the Internet.

from MacroScope:

A “Greed Tax” on banks

April 21, 2010

The International Monetary Fund has done what it was bid by the G20  and come up with proposals for getting banks to pay for the government help they receive when they get in trouble.  You can read the actual wording here, but it comes down to this: