Turkey’s ruling Justice and Development Party (AKP) confirmed to media outlets that talks were initiated on Imrali Island with Abdullah Ocalan to bring an end to the 30-year long conflict that has taken 40,000 Turkish and Kurdish lives. Turkish Prime Minister Recep Tayyip Erdogan told reporters in December that his government was engaging in a means to bring the […]
Read MoreThe issue of European economic troubles will be addressed at the upcoming G20 summit in Mexico City, Mexico. The crisis with the euro and the implosion of sovereign debts in Greece and elsewhere present strong impediments to the growth of the world economy. Additional issues to be addressed at the meeting include China’s unwillingness to […]
Read MoreDoctors going unpaid for months. Legions of unemployed swamping benefits offices across the country and a situation in which even the employed are not receiving money. Such is the state of Greece, a society in ‘free fall’ ever since the financial crisis began. [Yahoo News]
Read MoreItaly’s highest criminal court sustained a lower court’s guilty verdict in the case of 23 Americans connected to the CIA’s extraordinary rendition program. The CIA agents responsible for the kidnapping of Egyptian terror suspect cleric Osama Moustafa Hassan Nasr from a Milan street in 2003 may face extradition. Osama Moustafa Hassan Nasr was taken to […]
Read MoreTwo of the defense industry’s largest European concerns, EADS (owner of Airbus) and BAE are rumored to be in discussions about a merger between the two companies. Such a merger would create a defense firm larger than American companies Boeing and Lockheed but the proposal to unite the two is fraught with political concerns on […]
Read MoreThe Economist asks why Spain has not yet taken full advantage of the bond buying scheme announced by European Central Bank President Mario Draghi, a plan that was designed specifically to aid countries in Spain’s economic condition. Spanish Prime Minister Rajoy’s reluctance to admit Spain’s need for a bailout has complicated the ability of the […]
Read MoreFrancois Hollande, fresh off of his victory over former French President Nicolas Sarkozy, declared during the campaign that the ‘world of finance’ is his enemy and now he has a chance to make good on his promises to dilute the power of the financial sector in French politics. Among his proposals include increasing taxes on […]
Read MoreGreek President Karolos Papoulias has announced that talks to form a coalition, technocratic government have failed and new elections are expected. Evangelos Venizelos, leader of the Panhellenic Socialist Movement (PASOK), has presided over three failed coalition talks and is now instrumental in forming a caretaker government to chaperone Greece into its next round of elections. […]
Read MoreThe start of voting in an early general election in Greece has not gone well for proponents of the European idea: After two years of austerity and financial crisis, the Greek public is turning away from the traditional conservative New Democracy party and the socialist Pasok, the two poles of Greek political life for decades. […]
Read MoreThe Fifth Republic has chosen its first socialist president since Francois Mitterand: Francois Hollande, an experienced political organizer that has, until now, never held high government office. Nicolas Sarkozy, pulling 48.1% of the vote, concedes victory to Francois Hollande of the Socialist Party of France at 51.9%. While described as reserved by some, this does […]
Read More