The US government takeover of the insurance giant AIG signals a revolution in global finance
A new regional body attempts to Bolivia’s political turmoil. But the fractures are far from healed
A global narrative of Islamist violence risks missing the local dimensions of India's insecurity
The Georgia-Russia war provokes European governments into surprising initiatives
"The house has only just burnt down." The aged Georgian villagers of South Ossetia need help
The murder of police officers by an angry citizen has wider lessons for China's legal system
The al-Qaida movement again seeks advice from the renowned management consultancy
The ex-president's combative outlook has shaped Russia's policy towards Georgia and the west
A failing European social-democratic party chooses a new leader. Can he deliver?
Now is the time that the regulator abandons hope that the banking system would heal itself. Deep breathing and other lessons for finance from surfing.
The Russia-Georgia conflict is global as well as regional. How to avoid a new era of confrontation?
The "poisoned umbrella" murder on 11 September 1978 silenced a brave voice and still flouts justice
The Qur'an as training manual in a war on unbelief. Plus: Murat Belge goes inside the fundamentalist mind (archive)
The Georgia-Russia crisis is a challenge to Europe to make its own foreign policy tell
Chris Harvie's reclamation of the rich littoral of West Britain opens minds to a world after London
The burden of France's foreign-policy change under Nicolas Sarkozy may be too heavy to bear
A United States pressed by Iraq and Afghanistan now faces an even larger strategic challenge
The "think-tank" model no longer works for progressives. Why, and what next?
Another year, another prime minister. A misunderstood Japanese parable explains why
America’s financial meltdown: lessons and prospects, Ann Pettifor
Lehman: swimming with sharks, Tony Curzon Price
Europe's post-war promise, Krzysztof Bobinski
A month after the war, Tanya Lokshina
Death in Shanghai, law in China, Li Datong
America’s financial meltdown: lessons and prospects, Ann Pettifor
The collapse of Lehman Brothers and the forced sale of Merrill Lynch which took shape over the weekend of 13-14 September 2008 have confirmed the scale and gravity of the global financial crisis. The difficulties at the insurance company AIG are a glimpse that there is more to come. But the extent of the wreckage makes it ever more important to analyse correctly what has gone wrong. For just as a faulty medical diagnosis can harm the patient, so a flawed economic diagnosis can lead to wrong... more »
Lehman: swimming with sharks, Tony Curzon Price
http://feedblitz.com/r.asp?l=36658299&f=201210&u=1091645
Tim Duy has a great analysis of what the week-end teaches us about where we are with Lehman, Merrill, AIG etc. I think he is right that this is a signal from the US authorities that the socialisation of losses is over; that any taking-over of dud assets by the public will now go through Congress, and not through a technocratic nod-and-wink. The danger, as it has been for a year, is contagion to the real economy---when do firms providing real value find that either a) demand has fallen such that... more »
Europe's post-war promise, Krzysztof Bobinski
The headlines in Poland's main daily newspapers were unanimous. Nicolas Sarkozy's visit to Moscow and Tbilisi on 8 September 2008 to seek assurances from the Russians that they would withdraw their troops to the positions they held before the outbreak of war with Georgia on 7-8 August was a failure. "Sarkozy failed to take the Kremlin", declared one; "Russia dictates to Europe", proclaimed another; "Sarkozy defeated. Peace with Georgia possible only on... more »
A month after the war, Tanya Lokshina
We are on our way to Avnevi, a big Georgian village in the south west of South Ossetia which over the last three weeks has been burnt to the ground. Or almost. Some of the houses are still standing - or were five days ago. The vineyards along the dusty road, dotted here and there with yellow or red cherry plum, the bridge, the shell of the school and the police station building with its charred red walls. Empty burnt-out houses and fresh fires. Actually there aren't very many new... more »
Death in Shanghai, law in China, Li Datong
China was shaken on 1 July 2008 by a rare attack on its police force. Yang Jia, a man from Beijing single-handedly stormed a police station in the Zhabei area of Shanghai, stabbing six officers to death and seriously wounding three others and a security-guard. This was an unprecedented attack on the police by a citizen, which left the nation shocked. There was extensive media coverage, which included tens of thousands of online postings. The deluge of reportage and comment can be compared with... more »
Tim Duy has a great analysis of what the week-end teaches us about where we are with Lehman, Merrill, AIG etc. I think he is right that this is a signal from the US authorities that the socialisation of losses is over; that any taking-over of dud assets by the public will now go through Congress, and not through a technocratic nod-and-wink. The danger, as it has been for a year, is contagion to the real economy---when do firms providing real value find that either a) demand has fallen such that... more »
Europe's post-war promise, Krzysztof Bobinski
The headlines in Poland's main daily newspapers were unanimous. Nicolas Sarkozy's visit to Moscow and Tbilisi on 8 September 2008 to seek assurances from the Russians that they would withdraw their troops to the positions they held before the outbreak of war with Georgia on 7-8 August was a failure. "Sarkozy failed to take the Kremlin", declared one; "Russia dictates to Europe", proclaimed another; "Sarkozy defeated. Peace with Georgia possible only on... more »
A month after the war, Tanya Lokshina
We are on our way to Avnevi, a big Georgian village in the south west of South Ossetia which over the last three weeks has been burnt to the ground. Or almost. Some of the houses are still standing - or were five days ago. The vineyards along the dusty road, dotted here and there with yellow or red cherry plum, the bridge, the shell of the school and the police station building with its charred red walls. Empty burnt-out houses and fresh fires. Actually there aren't very many new... more »
Death in Shanghai, law in China, Li Datong
China was shaken on 1 July 2008 by a rare attack on its police force. Yang Jia, a man from Beijing single-handedly stormed a police station in the Zhabei area of Shanghai, stabbing six officers to death and seriously wounding three others and a security-guard. This was an unprecedented attack on the police by a citizen, which left the nation shocked. There was extensive media coverage, which included tens of thousands of online postings. The deluge of reportage and comment can be compared with... more »
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