The West unites against Mali desert rebels

It was very characteristic that the European Commission press release issued yesterday about the EU’s support for the French military operations in Mali was available only in the French language. On the same day 17 January the Council of the European Union found the opportunity to announce the opening an EU military training mission in […]

Should Europe be afraid of the developing world?

China and India are undoubtedly the two heavyweights of the developing world. On their foot-steps one can categorise also Indonesia, Malaysia, Thailand, Vietnam and some more countries of South East Asia. Yes, those are the tigers of growth, based on the iron willingness of their people to secure a more or less comfortable life, after […]

How many more financial crises in the West can the world stand?

“After five years of crisis the world economy is weakening again”, states bluntly the very first phrase of the editorial of OECD’s latest economic report, published on 28 November. Actually it couldn’t be differently, because the US economy doesn’t seem to respond well to therapy and Europe is in a much worse state. But let’s […]
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