Day: March 10, 2012
News
Former Icelandic Prime Minister Geir Haarde on Trial over Charges of Negligence in the 2008 Financial Crisis
Iceland’s former Prime Minister Geir Haarde is the first world leader to be brought to trial for his handling of the 2008 financial crisis that bankrupted Iceland and saw the collapse of the country’s three largest banks. Geir Haarde’s response to the serious charges levied against him in Reykjavik are that he is the victim […]
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News
What are the Limits of the U.S.-Israel Alliance?
To what extent can Israel exercise unilateral action in the face of external threats like the Iranian nuclear program without angering its longstanding ally the United States? An article from Gideon Levy for Haaretz claims that Israel is the “cricket chirping in the background about Iran,” a small state increasingly forced into a position in […]
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News
German Town of Munster Bans Drunk Cycling in Effort to Curb Bicyclist Deaths
The town of Munster, 296 miles west of Berlin, has banned drunk cycling because of five deaths in 2011. Munster is a college town plagued by drunken bicyclists if one is to believe a recent council measure passed revoking the license of any person caught biking under the influence. Previously, only motorists would face revocation […]
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News
To Their Surprise, the Russian Opposition Wins Seats After the Election
Even though the post-election discussions center on Vladimir Putin’s hold over electoral politics in modern Russia and whether this is healthy, some in the opposition now find themselves in power after winning local elections. Now, with real power in hand, how will the opposition transition its message into practical policies at a grass-roots level? In […]
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News
Are Declarations of Indian Industrial Might Premature?
Since the reforms of the economy in the 1990’s the India has grown immensely with domestic firms gobbling up foreign competition in the United Kingdom and elsewhere. Because of the accelerated rate of globalization of Indian firms the percentage of Indian companies engaged in cross-border trade has risen, accounting for $129 billion in trade in […]
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