The Great Debate UK

from The Great Debate:

25 years after its fall, Vladimir Putin puts Berlin Wall’s lessons front and center

By Lucian Kim
November 7, 2014

East German citizens climb the Berlin Wall at the Brandenburg Gate after the opening of the border was announced

On Nov. 9, Germans will celebrate the 25th anniversary of one of the most beautiful moments in their troubled history: the day that ordinary people, with ordinary aspirations, brought down the Berlin Wall. Not a shot was fired, not a drop of blood was shed, and in less than a year, divided Germany was reunited, paving the way for the reunification of a continent cut in two by the Cold War.

from Anatole Kaletsky:

Will the European economy’s summer squalls turn into an autumn tempest?

By Anatole Kaletsky
October 3, 2014

Draghi, President of the European Central Bank (ECB) answers reporter's questions during his monthly news conference at the ECB headquarters in Frankfurt

Following the grim market response to European Central Bank President Mario Draghi’s latest monetary policy pronouncements, Europe is approaching another make-or-break moment comparable to the crisis of 2012. The summer quarter ended this week, and financial markets delivered their judgment on just how bad things are, pushing the euro down to its lowest level since September 2012. Europe’s quarterly stock market performance was the worst since the nadir of the euro crisis. The question is whether the miserable summer will give way to a milder autumn. Or whether the summer squalls will turn into a catastrophic tempest.

from The Great Debate:

Putin’s anti-American rhetoric now persuades his harshest critics

By Nina Khrushcheva
July 29, 2014

People I know in Russia, members of the intelligentsia and professionals who have long been critical of President Vladimir Putin’s anti-Western stance, have suddenly turned into America-bashers. Many have been swept away by Putin’s arguments that the United States, not the Kremlin, is destabilizing Ukraine.

from Ian Bremmer:

World Cup chants reveal true state of U.S.-German relations

By Ian Bremmer
July 17, 2014

 Germany's national soccer players acknowledge their fans after their win over the U.S. at the end of their 2014 World Cup Group G soccer match at the Pernambuco arena in Recife

As Germany basks in its World Cup victory, it’s easy to forget that one of the most telling geopolitical moments of the tournament came during the Germany-U.S. game. As American fans chanted “U-S-A! U-S-A! U-S-A!” the Germans countered with, “N-S-A! N-S-A! N-S-A!”

from The Great Debate:

U.S. spying on Germany: Making enemies out of allies, and for what?

By David Wise
July 11, 2014

German Chancellor Merkel attends a session of Bundestag in Berlin

What were they thinking?

In the wake of last fall's revelation that the National Security Agency had wiretapped German Chancellor Angela Merkel's cell phone, the report of U.S. intelligence’s involvement in two other likely cases of spying on Germany is mind-boggling.

from The Great Debate:

No drama in Obama’s Ukraine policy

April 22, 2014

Many are asking: How can we stop Russian President Vladimir Putin from moving into Ukraine and seizing a large chunk of its territory in the east? The actions of forces that resemble the Russian special operations troops who created the conditions for annexation of Crimea suggest that other parts of Ukraine may also be in the Russian strongman's sights.

from Nicholas Wapshott:

No, austerity did not work

By Nicholas Wapshott
November 7, 2013

There have been a lot of sighs of relief in Europe lately, where countries like Britain and Spain, long in recession, have finally started to grow. Not by much, nor for long. But such is the political imperative to suggest that all the misery of fiscally tight economic policies was worth the pain that there are tentative claims the worst is now over and, ipso facto, austerity worked.

from The Great Debate:

Will a minimum wage destroy German jobs?

By Peter Gumbel
November 7, 2013

Germany has once again become the world’s favorite whipping boy, roundly criticized over the past few days by the U.S. Treasury, a top International Monetary Fund official and the European Commission president, among others, for running record trade and current account surpluses that are supposedly detrimental to the European and global economy.

from Nicholas Wapshott:

Austerity is a moral issue

By Nicholas Wapshott
May 17, 2013

Security worker opens the door of a government job center as people wait to enter in Marbella, Spain, December 2, 2011. REUTERS/Jon Nazca

How do you police without a force?

April 25, 2013

–Laurence Copeland is a professor of finance at Cardiff University Business School. The opinions expressed are his own.–