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Increasingly, the tone, texture and tempo of unrest grow. There is a global discontent, and grievances mount; Arab Spring, Occupy, Eurozone, the global economic crisis, unemployment, Syria, Iran and US-Pakistan are a few of the events and places that are prominent in the news. The themes of discontent resonates, there are multiple simultaneous revolutions...
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In addition to the straitjacket in which it finds itself in the Eurozone, the French social model is too socialist in structure. While it might work in times of plenty, it leaves very little room for manoeuvre for the leaders in times of adversity. Hollande’s plans are neither robust nor coherent, nor brutal enough...
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Juncker overstayed his time on the Eurogroup. Like an overprotective mother-bird that does not know when to let her little ones go, he clawed on to this group for too long. Even when he had stopped being the finance minister of his country, he stayed on as a non-voting head of the group....
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As the line separating Marine Le Pen and Nicholas Sarkozy becomes more and more blurred and both are using identical manifestos, it is hoped that the shine might be taken out of Marine Le Pen’s chances at the polls. She has character. If she makes 20 promises, she is likely to keep 15. Sarkozy’s...
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In each of the cases, everyone is moving closer to something that could be described as the red-line. Extremely important and fundamental issues are at stake: Syria, free market transits, nuclear programs, covert war, battered economies, and strong ideologies, with increasing and declining spheres of influence for respective players. There is much outrage, fear...
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It is a fact that membership of the European Union has been mutually beneficial to both the UK and the EU. Nevertheless, in recent years, the dynamics have changed and the country is gradually being brought down as it loses its ability to carve out a sovereign socio-economic policy aimed at improving the lives...
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On 1 January 1999, the euro was introduced to the international financial market. Three years later, on 1 January 2002, it was formally launched and entered into circulation. Thus, on 1 January 2012, albeit like a child on a sick bed in a hospital, the currency celebrates its tenth birthday anniversary. It is probably...
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A major player has left the poker game; for reasons which are unclear. The game continues and the stakes are raised. The player who left the game is still in the room. His playing partners are not happy and would like the player to rejoin the game. However, the player’s wife is happy as...
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In reality, we are no Europeans. We are British. We drive on the left, they drive on the right. We are proud of who we are. We are international and open to the world for business. So, we sold UK Electricity to EDF of France. We sold British Water and British Gas. We sold...
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It is now obvious that the current system does not work properly. There need to be changes made to the regulatory regime applying to credit rating agencies in their role of providers of private issuance and credit-worthiness ratings. Their current role of providing ratings, purportedly of the credit-worthiness, of national governments (i.e. rating...
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Some Notes & Comments