Paul De Grauwe, University of Leuven | September 5, 2008
The downturn of economic activity in the eurozone has come as a surprise. ++ The twin shock of the exchange rate of the euro and oil prices squeezed profits from exporting firms. ++ The opposite has happened in the US, where the export sector is booming. ++ The European Central Bank allowed this to happen by only caring about price stability and allowing massive euro appreciation. ++ The ECB should now consider giving strong reinforcement to the recent small decline in the value of the euro.
Priyamvada Gopal, Cambridge University | September 5, 2008
The often contrived “controversies” in the media illustrate the bad state of race and politics in the UK. ++ So called truths such as “Islam is the problem” or “Racism is natural” naturalise hostility as essential to human beings and thereby legitimate the distinction between “us and them.” ++ The UK and other countries desperately need to create a language which allows them to address these issues in their full complexity. ++ This may help to overcome the repetitive, media-manufactured debates which only contribute to reproducing racism.
Bernard K. Gordon, The Wall Street Journal | September 5, 2008
Meeting in Singapore, 10 southeast Asian nations along with India confirmed yet another FTA that clearly indicates the waning influence of the WTO and the US in the region. ++ Many such countries, especially India, prefer small-scale bilateral agreements and FTAs. ++ It was the Asian block that called on Europe and the US to change their farm subsidy policies at Doha, which contributed to stalling the round. ++ The US must beware that its agricultural policies and FTAs, particularly NAFTA, do not further exclude it from growing Asian trade.
Emre Uslu & Önder Aytaç, Todays Zaman | September 5, 2008
Intelligence sharing between the US and Turkey has forced the PKK out of the countryside and into the cities, bringing their violent attacks with them. ++ Further security measures, such as protected bus routes and tightened defenses around static targets, are needed to prevent future strikes. ++ Having failed to construct a separatist movement among the Kurds, the PKK now turns its attention to the Turks, attempting to use this new urban violence to exacerbate sentiments and pit them against their “Kurdish brothers.”
Rafael D. Frankel, The Christian Science Monitor | September 5, 2008
UNRWA completed its second annual summer camp in the Gaza strip, providing opportunities for 250,000 refugee children. ++ John Ding, UNWRA’s Gaza director, says this $4 million summer camp is the kind of policy the region needs. ++ “While Israel and the West use economic embargoes and political isolation in an effort to compel Gazans to moderate their ideology and behavior, Mr. Ding’s strategy can be summed up like this: Let the children play.” ++ The camp counters extremism among children.
Johannes F. Linn | The Brookings Institution | August 2008
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Stephen P. Cohen | Asian Journal of Public Affairs | Summer 2008
Jakob von Weizsäcker | Bruegel Policy Brief | July 2008
Carol Bellamy & Dam Wienberg | The Washington Quarterly | Summer 2008
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