Sarkozy's "incoherence" is a sign of the euro-impasse, says Eric Walberg
12/3/9 -- In an emergency session of EU leaders called hastily last week, Prime Minister Ferenc Gyurcsany of Hungary warned of "a new Iron Curtain" dividing Europe, even if the metal today was gold. He was given only vague assurances when he warned of the likelihood of Eastern European EU members collapsing in the wake of the financial meltdown and riots which swept across Eastern Europe this winter.
12/2/9 -- As United States President Barack Obama prepares to transfer troops from Iraq to Afghanistan, Al-Qaeda and other jihadists are also "transferring" there, according to Afghan Defence Minister General Abdel-Rahim Wardak, giving the country the dubious distinction of remaining the centre of the "war on terror". Throwing down the gauntlet to Obama, the Taliban successfully closed the Khyber Pass yet again last week by blowing up a bridge, torching 10 supply trucks for good measure.
"The WEF is not a government of the world," reassured organiser Andre Schneider wistfully in the frigid Davos air. At least not yet, adds Eric Walberg
5/2/9 -- The world's economic elite gathered in a subdued atmosphere at this year's World Economic Forum to assess the now global economic crisis. New York University professor Niso Abuaf compared it to a funeral, though not for the sake of the dead " ancien regime ", but "for the ones staying behind".
29/1/9 -- The easy part is over. A flourish of executive orders closing Guantanamo, dismantling much of president George W Bush's architecture for the "war on terror", allowing family planning promotion abroad. The hard part has begun. United States President Barack Obama is faced with an economy in galloping depression, the worst since the 1930s on all counts.
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