THE WORLD – Page 222 – IDN-InDepthNews

Europe2013-05-122023-07-10

Back to Keynes in Eurozone, Sans Germany

By Suzan A. Kane* | IDN-InDepth NewsAnalysis

BRUSSELS (IDN | European Sting) – Thank god it will not be any more the economists to set the course of economic policy in Eurozone but the people and the politicians. Whatever bad things one may think about politicians, there is one thing that nobody can deny; they can hear the people.

In this case the theory of Reinhart – Rogoff proposing austerity and prayers to correct all sins of the western economy and more so of Eurozone’s debts, will cease to set the rules. It will be rather the politicians to decide now to end austerity and start borrowing again to finance growth. Japan opened the way deciding to increase its government debt above the already breath-taking 200% of the GDP.

Middle East2013-05-092023-07-10

Syrian Civil War Likens A Gordian Knot

By Eric Ruder* | IDN-InDepth NewsAnalysis

CHICAGO (IDN) – Israel carried out two major rounds of air strikes on Syria in the span of 48 hours in the opening days of May, raising the prospect of a wider war in the Middle East. The second and larger of the two attacks targeted a mountainside military complex that overlooks Damascus, turning the night skies into day, according to witnesses.

Middle East2013-05-082023-07-10

Syria: Enough Is Enough

By Jayantha Dhanapala* | IDN-InDepth NewsViewpoint

KANDY (IDN) – The two-year-old conflict in Syria rages on with the embattled dictatorship of Bashar al-Assad and his Ba’ath Party withstanding the attacks of a motley group of rebels supported by the West and by the money bag monarchies of Saudi Arabia and Qatar with Israel not far behind. Dictatorships – whether unelected, elected or inherited – are of course unacceptable in this day and age when the palpable consent of a sovereign people is paramount for the governance of independent countries. However, no regime change by self-appointed guardians of democracy from abroad can replace a genuine movement for change by the people, of the people and for the people.

Africa2013-05-042023-07-10

Sudan Targets Gold to Soften Loss of Oil Money

By Zak Rose* | IDN-InDepth NewsAnalysis

DETROIT (IDN) – The gold output of Sudan was 41 tonnes in 2012 – compared with 220 tonnes from the continent’s largest exporter, South Africa – and export levels will likely experience modest growth over the immediate short term. However, owing to recent government promotion and foreign investment from major mineral companies, some official estimates have predicted a spike in Sudan’s gold exports within the next five years.

Government interest in the gold industry stems from a desire to balance against decreasing oil revenues. When South Sudan seceded in 2011, it took roughly 75% of Sudan’s oil wealth with it. And while informal gold mining has long been a part of the Sudanese economy – between 500,000 and 750,000 artisanal gold prospectors are active in Sudan – it has only been since the separation of South Sudan that the government has begun to focus on a capital-intensive expansion of the gold sector.

Middle East2013-05-032023-07-10

‘Don’t Take Arabs’ NPT Membership for Granted’

By Baher Kamal* | IDN-InDepth NewsViewpoint

CAIRO (IDN) – Not that nuclear issues are an actual source of concern to Egyptian citizens. They are deeply worried about their present and immediate future now that inter-religious violence is on the rise, triggering a dangerous, growing insecurity amidst an overwhelming popular discontent with President Mohamed Morsi’s regime. Simply put, there is too much frustration and deception here to think of nukes.

Nevertheless, it is also a fact that the governments of Arabs countries in general, and in the Gulf region in particular – following reported U.S. political pressures – have lately been expressing increasing fear of Iran’s nuclear programme and therefore focusing, again, on nukes.

Asia-Pacific2013-05-012023-07-10

Testing Times Again For Democracy in Pakistan

By Shastri Ramachandaran* | IDN-InDepth NewsAnalysis

NEW DELHI (IDN) – In a country of coups, where generals take precedence over political parties, democratic transition can be a fraught affair. So it is in Pakistan as it prepares to elect, on May 11, a new 342-member National Assembly and four provincial assemblies of Punjab, Sindh, Khyber Pakhtunkhwa and Balochistan.

Asia-Pacific2013-04-272023-07-10

‘War Crimes’ Wrangle Ignores Lankan Tamils’ Challenge to India

By Shastri Ramachandran* | IDN-InDepth NewsAnalysis

CHENNAI (IDN) – Some five weeks after the foreign policy fiasco on the US-sponsored resolution against Sri Lanka in the United Nations Human Rights Council (UNHRC) – which earned the Congress-led UPA government the hostility of all sections in Sri Lanka and the Tamil political parties in India – New Delhi seems to have gone back to sleep on the issue.

The March 21 resolution called upon Sri Lanka to conduct an independent investigation into allegations of violations of international human rights law and international humanitarian law – during the final phase of the 26-year war, which came to an end after Sri Lanka’s army defeated separatist Tamil rebels in 2009.

Europe2013-04-252023-07-10

Europe Bidding Adieu To Justice and Solidarity

By Roberto Savio* | IDN-InDepth NewsViewpoint

ROME (IDN | Other News) – For a long time it was a given that while Europe was based on defending a more just society, with social values and solidarity, the United States was based on the glory of individualism and competition, and anything public was considered “socialist”. One of the main accusations of the last electoral campaign in the United States was that Barack Obama had an unspoken design to change the United States into another Europe, beginning with health reform.

Well, it’s time for an update – the defenders of market fundamentalism are now in Europe.

Asia-Pacific2013-04-112023-07-10

North Korea Defying Ally China Too

By Zachary Fillingham* | IDN-InDepth NewsViewpoint

TORONTO (IDN) – For those in need of a refresher, here is the Cold War paradigm underpinning China-North Korean relations up until now. Historically speaking, a shared ideology has been at the core of their relationship. The two countries fought a war together in 1950 and have stood shoulder-to-shoulder against encroaching U.S. military power in East Asia throughout the sixty years that followed.

Europe2013-04-062023-07-10

The Story Behind the Cyprus and Euro-Crisis

By Roberto Savio*
IDN-InDepthNews and Other News Analysis

There is more to the Cyprus crisis than has been taken note of by the general public, not the least because of the mainstream media’s failure to provide a contextual analysis of the situation in three-fifths of the island of Cyprus, two-fifths of which are a separate political entity that only Turkey recognises. The lack of transparency and anti-people solution to resolve the Cyprus crisis and crises elsewhere in the 27-nation bloc bode ill for the European Union.