In recommendations to German Chancellor Angela Merkel at the end of July, the German Council of Economic Experts outlined
how a weak member country could leave the Eurozone and called for strengthening the European monetary union.
“We received a garden as our home, and we must not turn it into a wilderness for our children.”
One of the promises made by the leaders of the world's seven richest nations when they met at Schloss Elmau in Germany earlier this week was an energy transition over the next decades, aiming to gradually phase out fossil fuel emissions this century to avoid the worst of climate change.
When it comes to climate change, business as usual is simply “not an option”.
The ‘West’ is a concept that flourished during the Cold War. Then it was West against East in the form of the Soviet empire. The East was evil against which all democratic countries – read West – were called on to fight.
The visit to Cuba of Federica Mogherini, High Representative of the European Union for Foreign Affairs and Security Policy on Mar. 23-24, and the forthcoming visit in May planned by French President François Hollande, have fast-tracked the agenda of relations between the European Union and Cuba.
The United Kingdom has been accused
of “sleepwalking” into the Ukraine crisis – and the accusation comes from no less than the House of Lords, not usually considered a place of critical analysis.
The world is clearly splitting into two parallel worlds, with each going their own way, in what we could call the ‘Acapulco paradox’.
When I am asked whether Europe is still a relevant “protagonist” in the modern world, I always answer that there is no doubt about it. For a long time now, the continent has been shaken by financial crises, internal security strategy crises – including wars – and instability within its borders, which definitely make it a protagonist in world affairs.
“They are cowards who react to satire by going for their Kalashnikovs.” That was how renowned French cartoonist Plantu described the killers of 10 media workers and two policemen in Paris Wednesday.
For years, many policy makers, including economists, have clung to the belief that if states do nothing to boost income equality, market forces will cause wealth to trickle down to the poorest citizens and contribute to overall growth.
The catastrophic events in Iraq that are unfolding daily are more significant than at any point in recent memory.