Hungary's elite have angered the global financial gods at the International Monetary Fund (IMF) and EU. Budapest is balking at dancing to the austerity dirge as dictated by the money-men from Washington and the bureaucrats in Brussels. The move has spooked markets with the Hungarian currency, the forint, falling to a fourteen month low.
Monday, July 19, 2010
Saturday, July 10, 2010
July 11 marks the 15th anniversary of what the World has come to know as the Srebrenica massacre, when up to 8,000 Muslim men and boys were rounded up and killed by Serb paramilitary forces in what has been called the worst European massacre since World War II. In fact, the killings have been labeled an act of "genocide" by the UN International Criminal Tribunal for the Former Yugoslavia, (ICTY). For Western media these facts are rarely, if ever, contested or discussed. The chronology of events, figures et al are cemented as part of a solemn narrative, and to question that script is an act bordering on blasphemy. Despite that, nagging questions still hang over what all agree were tragic events.
Friday, July 09, 2010
Media in Serbia and Kosovo says Belgrade is gearing up a shocker of a swap: trade parts of southern Serbia mainly populated with ethnic Albanians in exchange for northern Kosovo populated mainly by ethnic Serbs. The Serbs reportedly want to time the offer with a decision by the International Court of Justice (ICJ) on the legality of Kosovo's independence from Serbia. The land swap would be de facto recognition by Serbia of Kosovo's independence, in part at least. That would be a huge concession on Belgrade's part. But Kosovo's ethnic Albanian leadership is intransigent, ruling out any changes to the territory's present boundaries. News of the alleged offer comes amid fresh tensions between Kosovo and Serbia after the killing of a protester, and shooting of a Serb lawmaker in the Kosovo parliament.
Thursday, July 08, 2010
From a government led by Europe's version of Hugo Chavez to a smart-talking, sensible woman who will charm the staid pols of Europe. That's the jump Slovakia is making. Out: Robert Fico and his quasi-fascist coalition partners, the Slovak National Party, or SNP. In: Iveta Radicova, a member of the center-right Slovak Democratic and Christian Union, or SDKU party. Out: quarreling with Hungary. In: fence mending. Out: anti-NATO rhetoric. In: more Washington fealty and fodder for the Afghanistan quagmire. Overall, bigwigs in European capitals are probably grinning ear-to-ear over this appointment and glad to see Mr. Fico shown the door.
Saturday, July 03, 2010
U.S. plans to disgorge more military junk on European soil took a big step forward on July 3. In Krakow, U.S. Secretary of State Hillary Clinton looked on smugly as an agreement was signed between the United States and Poland giving Washington the green light to deploy missiles for their slimmed-down defense shield on Polish soil. The signing will not be welcomed in Moscow, which has looked on nervously as NATO has tightened its grip over Europe, as U.S. bases popped up in the region like mushrooms after rain, and the Baltic and Black Seas became more and more glorified U.S. lakes.