The United States and Europe are poised to create the world’s largest Free Trade Area under the proposed Transatlantic Trade and Investment Partnership (TTIP). The negotiations have been underway since July 2013 after the November 2011 US-EU Summit. In February 2014, the EU Trade Commissioner Karel De Gucht and the United States Trade Representative Michael Froman met in Washington D.C. to review progress before launching the fourth round of talks in Brussels this month. De […]
Post Tagged with: "Europe"
The Greek fiscal crisis has turned Greece, a once developed country, into a developing country. The pioneers of European unity envisaged a Europe of people operating outside a zero-sum game framework. To political realists it was a just a dream of naïve idealists ignoring the basic facts of international politics and Thucydides’ writings on power. The Greek fiscal crisis has corroborated certain timeless tenets of political realism related to power and opportunities. It bears elements of a […]
Even 15 years after the last conflict in Kosovo, North Mitrovica is a “no-mans-land” and remains a divided city along Ibar River. The break-up of Yugoslavia brought the Western Balkan region in the center of the world’s attention. Once a well consolidated economic and political union, the Balkans has turned into one of the largest flashpoints of conflict, genocide and humans rights violations. Clearly, the 1990s Balkan conflict received particular attention from the United Nations and […]
There’s certainly no denying that David Cameron took a historic step in the right direction last week, becoming the first Prime minister to promise the British people an In/Out referendum on their membership of the European Union. The problem however is that Mr. Cameron was simply not bold enough. We have had promises like this before. He announced that any referendum will be delayed until 2017/2018, half way through the next parliament (assuming that he […]
On the eve of the Portuguese democratic revolution in December 1973, the Deutschmark traded for 9,5 Portuguese escudos (0.375 dollars or 37.5 cents at the exchange rate of the time); twenty years later, on the eve of fixing the definitive rate of exchange of Euro currencies, the Deutschmark was worth 102 Portuguese escudos (0.584 dollars or 58.4 cents at the exchange rate of the time).
Repeated threats by PM Erdogan did not work, nor did repeated retaliatory strikes by Turkey against Syrian positions stop Assad from targeting Turkish territories through cross border mortar attacks.