It’s hard being a big private bank these days. Ongoing awareness of the role that Goldman Sachs played in the Greek debt crisis; that Greek voters said no to Europe’s harsh austerity demands; recent revelations of unreasonably high fees and interest rates for lending to municipalities, and the …
Read More »Syriza Surrenders: Time for Renewed Popular Resistance
For two weeks now, political time has been condensed in Greece, and citizens live on the edge of their seats, struggling against forces that appear well beyond their control. On June 27, the Syriza-led government put the ultimatum of the creditors to a referendum and campaigned for a …
Read More »The Hidden Details of the New US National Military Strategy
Standard reporting on the document misses a few key details that make the strategy even more dangerous than people initially realize. Much has already been written about the US’ National Military Strategy (NMS) since it’s updated unveiling last week, but most analysts haven’t pieced together the finer details of the document that …
Read More »Democracy is Dead: Brussels Prefers Corrupt but Tame Leaders to Syriza
Brussels’ message to Greeks reads: “Your vote is irrelevant. We would rather deal with corrupt but obedient leaders, than honest ones with ideas of sovereignty,” Greek publicist Alex Andreou says. Greeks and the people of Europe need to realize that they were twisted around the Eurozone decision makers’ little finger, Greek …
Read More »No Clear Successor in Sight as Kazakhstan’s Nazarbayev Turns 75
Kazakhstan’s veteran leader Nursultan Nazarbayev celebrates his 75th birthday on Monday, in good shape and vastly popular, but the expected fireworks and fanfare mask uncomfortable questions about the future of the second-largest post-Soviet economy. Nicknamed “Papa” and officially titled “Leader of the Nation,” he extended his 26-year reign in April by another five years, “apologising” to his critics for cornering 97.7 …
Read More »Ufa twin summits: India looks to expand multilateral cooperation with Russia
Economic integration will dominate the agenda at the BRICS summit, where the New Development Bank will hold its inaugural meeting. Expansion of SCO to include India and Pakistan is most likely on the cards. India looks to increase its economic and strategic multilateral cooperation with Russia at the …
Read More »Ben Salman Meets Putin: Can Moscow Have the Cake and Eat it Too
Saudi Deputy Crown Prince and Minister of Defense Prince Mohamed ben Salman met Russia’s President Vladimir Putin for two hours June 18 in what could be a turning point in the ties between the two countries. Bilateral and regional issues, particularly Syria and oil prices, were discussed in …
Read More »Saving Syria Should Start from Damascus
The main problem with a recently published “proposed strategy” for Syria, recommending the establishment of safe zones, is that it seems to give Syrian opposition areas the name of “safe zone” without changing the actual status quo. The proposed strategy circles back to the same questions of sending …
Read More »Erdogan and Syria’s Kurds: Who is the Cat and Who is the Mouse?
Whatever it is, the show is on, and we have still some time before we hear “That is all, folks”. According to eyewitnesses in Gaziantep, the small but key town on Turkish-Syria borders, Erdogan already sent 35 tanks to the border region. What is discussed in Ankara is …
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