Global News Journal
Beyond the World news headlines
from Tales from the Trail:
Hillary Clinton stopped on Bill Clinton Boulevard to view one of Kosovo's main attractions: the Bill Clinton Statue.
Clinton, on her first visit to Kosovo as secretary of state, on Wednesday received a rapturous welcome from the crowd waving U.S. flags and cheering on the Clinton Brand, which many Kosovars see as key to their country's independence.
Clinton stopped and looked up at Bill -- now 12 feet high and a shimmering gold -- and expressed her satisfaction with the likeness.
She then plunged into the crowd, or at least as far as security would allow, pressing the flesh campaign-style and expressing her delight at being back in Kosovo as an independent country.
The thousands of flickering candles run on and on along Monterrey’s main pedestrian thoroughfare, a spontaneous tribute to a 21-year-old university arts student shot dead by a drug hitmen who was chasing after an off-duty prison guard last week.
Even as busy shoppers bustle past, people are coming to Plaza Morelos to place the candles one after the other in the downtown of Mexico’s wealthy northern city in a rare public showing of anger, sadness and frustration at Lucila Quintanilla’s death and the spiraling drug violence across the city.
George Clooney has been roughing it recently, on the latest of his trips to Sudan to highlight the problems there.
The Hollywood superstar and U.N. Goodwill Ambassador was touring semi-autonomous south Sudan ahead of a planned January 2011 referendum on whether southerners in Africa’s biggest country should secede from the Khartoum-led north. Tensions are high because of fears the plebiscite could be delayed, sparking a new war between the predominantly Muslim north and the heavily animist and Christian south.
from Pakistan: Now or Never?:
One of the more troublesome aspects of the current situation in Pakistan is how subdued - at least relative to the scale of the deaths - are protests against suicide bombings on Pakistani cities. Travelling from Lahore to Islamabad last month, my taxi driver winced in pain when I told him I had a text message saying the city we had just left, his city, had been bombed again. Yet where was the outlet for him to express that pain, or indeed for the many grieving families who had lost relatives?
I was reminded of this reading Nadeem Paracha's latest piece in Dawn on the outcry over Aafia Siddiqui, the Pakistani neuroscientist jailed in the United States after being convicted of shooting at U.S. soldiers. She has been claimed as the "daughter of the nation" who must be rescued from an American jail.
from Tales from the Trail:
In Pennsylvania, the Democratic candidate for the U.S. Senate, Joe Sestak, accuses his Republican foe Pat Toomey of favoring China over hard-working Americans.
In a new website, the AFL-CIO pointedly tracks the loss of U.S. jobs to China and other cheap-labor countries.
It is difficult to imagine things getting much worse in Ciudad Juarez, the manufacturing city across from El Paso that has become one of the world’s most dangerous places. Extortions, beheadings, bombs in cars, daylight shootouts and kidnappings are all daily fare in the border town once better known as a NAFTA powerhouse and party zone for fun seeking Americans. Even the Mexican army stands accused of abusing the trust citizens once placed in it, carrying out possibly hundreds of wrongful arrests and illegal house raids.
Things are so bad that business leaders are calling for a state of emergency to be called in the city on the Rio Grande with nighttime curfews in a bid to control the violence. Around 10,000 businesses have closed in Ciudad Juarez over the past two years. A military-enforced curfew doesn’t resound much with residents who want the thousands of troops sent in by President Felipe Calderon to leave town for good. More than 6,700 people have died in drug killings since the army arrived in early 2008 and locals say the army-led crackdown on gangs has only provoked more violence across the city and its surrounding Chihuahua state. (Click here for full Mexico drug war coverage)
Joschka Fischer was never one to mince words when he was Germany's foreign minister in the late '90s and early noughts. So it is not overly surprising that he has painted a picture in a new post of a world with only two powers -- the United States and China -- and an ineffective and divided Europe on the sidelines.
More controversial, however, is his view that China will not only grow into the world's most important market over the coming years, but will determine what the world produces and consumes -- and that that will be green.
from Afghan Journal:
One of the most interesting things in Bob Woodward's re-telling of the Afghan war strategy in his book "Obama's Wars" is the approach toward Pakistan. It seems the Obama administration figured out pretty early on in its review that Pakistan was going to be the central batttleground, for this is where the main threat to America came from.
Indeed, the mission in Afghanistan was doomed so long as al Qaeda and the Taliban were sheltered in the mountains of northwest Pakistan straddling the Afghan border. The question was how do you deal with Pakistan?
from Pakistan: Now or Never?:
The minute I entered the elegant book-lined club in central London where Pervez Musharraf was about to launch his political career, it was clear who was to dominate the proceedings - Muhammad Ali Jinnah, Quaid-e-Azam, Founder of the Nation, Father of Pakistan. In his trademark peaked Jinnah cap, it was his photo alone which was hanging prominently on the platform where the former military ruler was to speak; and his photo on the little entrance ticket they gave you to get past security.
It was his spirit which was invoked even in the name of Musharraf's political party -- his All Pakistan Muslim League (APML) was a deliberate echo of the pre-independence All India Muslim League, through which Jinnah created the state of Pakistan in 1947.
Irish literature and legend is full of boasts, like the claim by Christy Mahon in Synge’s “Playboy of the Western World” that he has killed his da with a loy (Irish for spade), only to have the old man track him down in another town.
Perhaps that’s the way to view Irish Finance Minister Brian Lenihan’s announcement two years ago that the state-backed guarantee scheme to rescue the country’s troubled banks, hit hard by the collapse of the property market, was “the cheapest bailout in the world so far”.
It seemed too good to be true. And it was.
On Thursday, Lenihan, who has spent the last two years scrambling from one fiscal crisis to another, announced that, actually, the cost for cleaning up years of reckless lending was “horrendous” and in a worst-case scenario the price tag would be over 50 billion euros ($68 billion).
The bill will shackle Ireland, once the EU’s fastest growing economy, with a public debt burden of nearly 99 percent of gross domestic product.
Ireland’s now crippled economy, meanwhile, has done everything but recover. Unemployment is stubbornly high, property prices remain depressed, taxpayers face years of cutbacks and, in the second quarter, growth again went into reverse.
Maybe what Lenihan said two years ago was wishful thinking, or perhaps it has taken this long for Ireland to wake up to just how colossal a hole its one-time high flying property tycoons have dug for themselves, and for every Irish taxpayer, even though much of what they were up to is so big as to be unmissable.
Take, for example, the Battersea Power Station in London, which is Europe’s largest brick building and has been derelict since it was decommissioned as a coal-burning power plant about a quarter century ago.
In 2006, a firm controlled by two Irish property magnates, Johnny Ronan and Richard Barrett, bought the building and land surrounding it for a staggering 400 million pounds ($750 million) — even though previous plans to develop it had all come to nought.
The boys, as they are referred to in some of the Irish press, had ambitious plans for a new, exclusive, “Knightsbridge”-class development for office, commercial and residential space, including an extension of the Northern Line branch of the London Underground.
Four years later, the site is still derelict, promoted, perhaps a bit desperately, as a location for lavish weddings held inside a marquee, and most recently as the venue for a Red Bull-sponsored high-jinx, daredevil motorcycle show.
Ronan and Barrett’s property empire, meanwhile, has seen some of its loans earmarked for the Irish government’s National Assets Management Agency (NAMA) — Ireland’s “bad bank scheme”, which was established to purge lenders of commercial property loans, many of them non-performing.
Battersea is at the top end of the scale of Irish property investment during the decade of the Celtic Tiger boom, but replicate it at a lesser level all the way from Eastern Europe to the holiday beaches of Spain and out to Asia, and it becomes clear why Lenihan has had to change his tune.
A historical footnote: a Reuters feature informs us that the Battersea Power Station was used during World War Two to burn 120 million pounds worth of banknotes that had to be disposed of to stop enemy forgeries.
Something to boast about then. Comparatively small change now.