Sunday, July 5, 2015
"Unacceptable," is how President Francois Hollande of France describes current revelations regarding extensive spying by the United States government. Wikileaks files regarding France published in June reveal the U.S. National Security Agency (NSA) spied on three former presidents and wiretapped two finance ministers.
Is this "a bank made by China, for China?" Misgivings that this is the case are only mounting.
Germany has broken ranks with Paris and Brussels in slamming the door on talks with the Greek government on a new bailout deal before Sunday's crucial referendum, analysts say.
South Korean national police arrested this week a low-ranking government official on charges of taking kickbacks from car importers while issuing environmental certificates for foreign automobiles.
Whether Greeks decide in Sunday's referendum to accept their lenders' bailout deal or reject it, the government's hold on power may be shakier than its brash prime minister has calculated, analysts say.
Looks like we are not alone," Ellen Chong, my Twitter friend, tweeted to me.
Saturday, July 4, 2015
"Terrorism: the Shockwave of Bloody Friday," headlined the French daily Le Monde, after a series of deadly, coordinated, and barbaric attacks by radical Islamists on three continents. The massacre of 28 European (mostly British) tourists in Tunisia at a beach resort, the grisly beheading of a plant manager near Lyon, France, the senseless sectarian slaughter of 26 Muslim worshipers at a Shiite mosque in Kuwait, and the killings of 150 civilians in Kobane, Syria by Islamic State, are the latest sanguinary statistics in a war which many people choose to politely forget.
Two years after the army deposed president Mohamed Morsi, Egypt is roiled by brazen Islamic State group attacks in the Sinai Peninsula and brutal government repression that has killed hundreds.
Write down, write off, restructure, reprofile ... whatever term you choose, if Greece doesn't completely default on its debt, its creditors will have to address the issue of its massive debt.
The stumbles, blunders and policy chaos that have sent increasingly frosty U.S.-Russia relations into what many now call a new Cold War might have been inevitable.