International investors immediately sought refuge in the U.S. dollar, just as they had done during the 2008 financial crisis, and the U.S. Federal Reserve had to make huge sums of dollars available to its global counterparts. Seventy-five years after the end of World War II, the primacy of the dollar has not waned.
«Η ανάρτηση των άρθρων με ιδιαίτερο ενδιαφέρον δεν σημαίνει και απόλυτη ταύτιση με το περιεχόμενο των ιδεών του αρθρογράφου. Τα άρθρα αξιολογούνται ως ενδιαφέροντα για προβληματισμό.»
The Future of the Dollar U.S. Financial Power Depends on Washington, Not Beijing By Henry M. Paulson Jr. May 19, 2020
The Right Way to Fix the EU Put Politics Before Economics By Matthias Matthijs, 18/5/2020
On the continent, most consider the British decision to leave a tragic mistake. Even so, the Brexiteers’ core contention—that the European Economic Community they joined in 1973 has grown far beyond an international union of sovereign states and into something far more ambitious and intrusive—is hard to deny.
Europe needs to be a superpower, not a superstate by Timothy Garton Ash, 11/5/2020
Faced with an increasingly powerful and authoritarian China, global warming, the potentially existential challenge of AI, not to mention an aggressive Russia, chaotic Middle East and Trumpian United States, this argument is more compelling than ever. In a world of giants, you need to be a giant yourself. If we Europeans don’t hang together, we will hang separately.
The New Spheres of Influence - Sharing the Globe With Other Great Powers By Graham Allison
In the heady aftermath of the Cold War, American policymakers pronounced one of the fundamental concepts of geopolitics obsolete. Secretary of State Condoleezza Rice described a new world “in which great power is defined not by spheres of influence . . . or the strong imposing their will on the weak.” Secretary of State Hillary Clinton declared that “the United States does not recognize spheres of influence.”
The Pandemic Will Accelerate History Rather Than Reshape It Not Every Crisis Is a Turning Point by Richard Haass, 7 April 2020
We are going through what by every measure is a great crisis, so it is natural to assume that it will prove to be a turning point in modern history. In the months since the appearance of COVID-19, the disease caused by the novel coronavirus, analysts have differed over the type of world the pandemic will leave in its wake.
Old Divisions Threaten Europe’s Economic Response to the Coronavirus by Erik Jones, 6 April 2020
On March 18, the European Central Bank announced that it will buy an additional 750 billion euros’ worth of European corporate and government bonds this year. That means the ECB will spend a total of 1.1 trillion euros on eurozone bonds over the next nine months, the most it has ever spent on assets in so short a period of time.
Οι ήρωες πίσω από τις μάσκες του Αλέξη Παπαχελά, 5/4/2020
Θα έχουμε πολλές «Θερμοπύλες» μπροστά μας ως χώρα. Η ηγεσία είναι στοιχείο απαραίτητο και, ευτυχώς, το έχουμε στον τόπο μας σήμερα. Οι «Θερμοπύλες» όμως, είτε στις εντατικές είτε στον Εβρο, δεν κρατούν χωρίς τους ήρωες της πρώτης γραμμής καλοπληρωμένους, καλά εξοπλισμένους και με μια κοινωνία στοιχισμένη πίσω τους!
For Autocrats, and Others, Coronavirus Is a Chance to Grab Even More Power, The New York Times 31/3/2020
In Hungary, the prime minister can now rule by decree. In Britain, ministers have what a critic called “eye-watering” power to detain people and close borders.
Democracy in critical care as coronavirus disrupts governments, Politico 24/3/2020
Travel bans and social distancing prompt changes to politics as usual — and fears of executive overreach. By DAVID M. HERSZENHORN
Η αναστροφή του παγκόσμιου εκκρεμούς - Άρθρο του Γ. Πρεβελάκη
Εδώ και σαράντα χρόνια ο κόσμος άρχισε να αλλάζει· σημεία αναφοράς η εκλογή της Θάτσερ στην Αγγλία και του Ρίγκαν στις Ηνωμένες Πολιτείες, η άνοδος του Ντενγκ Σιαοπίνγκ στην εξουσία στην Κίνα, η εμπλοκή της Σοβιετικής Ενωσης στο Αφγανιστάν, η εγκατάσταση του Ιωάννη Παύλου Β’ στον παπικό θρόνο.
Turkey’s invasion of Syria, Politico 15/10/2019
After World War I, the Kurds were left without a state of their own, ending up spread across Turkey, Syria, Iraq and Iran. As ethnic minorities in these states, Kurds frequently faced repression. Against that backdrop, a militant group, the Kurdistan Workers' Party (PKK), emerged seeking a Kurdish state within Turkey. (It now calls for greater autonomy in the country.)
Greece fails to harvest its olive oil wealth, Politico 15/10/2019
In theory, Greece should be an olive oil superpower. It is not only the world’s third biggest producer, but an unusually high percentage of its oil is of the highest grade: extra virgin.
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