The Great Debate
Last week, when I attended my first rally in Dresden organized by PEGIDA, Germany’s mysterious “anti-Islamization” movement, I was reminded of the aggressive pro-Russian protests that tore apart eastern Ukraine a year ago. Thousands of demonstrators, who mostly refused to talk to the “lying press,” listened to fiery speeches railing against the country’s political class. Among the German flags present, I also spotted a few Russian ones, including a banner that was split diagonally, one half Russia’s tricolor, the other half Germany’s. A reporter and cameraman from the Gazprom-owned NTV channel were greeted with welcoming calls of “Vladimir! Vladimir!”
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:
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.
Since few nations can go it alone militarily, alliances are now crucial for ensuring security. To mount a common defense, allies need weapon systems that can operate together. In military parlance, the ability to work with other systems and share data with them as if they were one system is known as “interoperability.”