The Great Debate

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.

NATO allies must work closely together, but do their missile defense systems?

By Francis Mahon
October 2, 2014

Patriot_missile_launch_b 

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.”

Germany exports massive amounts of arms, hypocrisy

By Josef Joffe
September 22, 2014

A MG3 automatic weapon that is part of a German military aid shipment for Kurdish forces in Northern Iraq is on display for the media at a storage facility of the Bundeswehr armed forces in Waren 

Who is the world’s No. 3 arms exporter, after the United States and Russia? Surprise. It is Germany, a country bound by law to supply only allies and peaceable folks like (neutral) Switzerland or Sweden. Off limits are “areas of tension” — bad neighborhoods that actually need the stuff.

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 Stories I’d like to see:

The Russian sanctions information gap

By Steven Brill
July 29, 2014

Emergencies Ministry member walks at the site of a Malaysia Airlines Boeing 777 plane crash near the settlement of Grabovo in the Donetsk region

There are so many gaps in the reporting about the effort to use economic sanctions against Russia to get President Vladimir Putin to pull back support for the Ukraine separatists that it makes sense to devote my whole column this week to listing them.

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 Breakingviews:

German soccer glory was predictable – with luck

July 13, 2014

By Robert Cole

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

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.

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.