December 2010

…The euro under siege; Ireland bailout protests; Greece, demos falter; US after the midterms dossier; Egypt after the elections; Burma, imperceptible change; China cashes in on rare earth metals; sky-high spending in Dubai; Latin lovers, Iran’s new friends; UK austerity hits housing; Vargas Llosa, neocon with a Nobel…and more…
  • Neither fair nor equitable — Serge Halimi

    Neo-liberals are worrying about the poor nowadays. Britain’s Conservative prime minister David Cameron proposes a massive increase in university tuition fees, already raised by his Labour predecessor, Tony Blair . This public-spirited measure is designed to ensure that all taxpayers do not have to foot the bill for the higher education of predominantly middle-class “customers”. The state saves money and the poor will get scholarships to cover the fees. In France, the socialist columnist (...)
    Translated by Barbara Wilson
  • ‘Hand-wringing is now a national sport’

    Ireland’s strange and difficult times — Tom Rowe

    Almost half of Irish people surveyed recently say they would rather the IMF or the EU took over the management of the country – at least for the time being – rather than continue to be mismanaged by Irish politicians. Many want Ireland to default and not take an €85bn loan, believing bank debts should not be paid by ordinary people
    LMD English language exclusive
  • Beggar my neighbour returns as a global financial strategy

    The currency wars * — Laurent L Jacque

    Once upon a time Bretton Woods ensured orderly exchange rates and the stability of the world economy. And then global currency trading mushroomed out of the control of nations’ central banks. Can it still be contained and an all‑out currency war averted?
    Translated by the author
  • The new rules of engagement * — Laurent L Jacque

    Translated by the author
  • Greece’s youth two years after the mass demos

    Protest fractures in Athens * — Aurel and Pierre Daum

    The economy and employment prospects in Greece have worsened since the huge demonstrations of 2008. But, though the protests continue, young people fear violence and are no longer out in such force
    Translated by Charles Goulden
  • Two years of unrest * — Pierre Daum

  • America’s democrats failed to bring change

    What happened to the US left? * — Rick Fantasia

    Since US midterm elections that were disastrous for the Democrats, attention has turned to America’s left. Inside and outside the two-party system, two distinct lefts are alive if not well – the one polite and established, the other made up of grassroots activists
    Original text in English
  • Obama misses his historic moment * — Eric Klinenberg and Jeff Manza

    President Obama was elected to change US economic and social policies, and could have insisted that decisive change was not an option but a necessity. Instead, he sought to negotiate. He may now have lost his chance, as well as his supporters
    Original text in English
  • Empire as a state of being — Philip S Golub

    The US came into being within an empire, alongside other empires, and found its place in a world order rooted in European-Atlantic expansion. So, while President Obama has changed the tone and emphasis of foreign policy, his overall goal remains to ensure US power and authority
    Original text in English
  • Gone are the glory days of nasser’s dreams of arab unity

    Egypt’s waning influence * — Sophie Pommier

    November’s parliamentary election, which endorsed Egypt’s ruling party, may clarify the succession to President Hosni Mubarak at a time when Egypt seems to be losing its way. Once a diplomatic force and still the second largest recipient of US aid, after Israel, Cairo now needs to convince the US of its effectiveness
    Translated by Stephanie Irvine
  • With Aung San Suu Kyi’s release, slow process of change continues

    Burma’s gradual transition — Renaud Egreteau

    Burma’s elections were a sham, and the release of Aung San Suu Kyi soon after was hard to interpret as a gesture. But the country is changing politically, probably for the better, although not in any way the outside world can yet comprehend
    Translated by Tom Genrich
  • Iran discovers Latin America’s economic and geopolitical charms

    A fine, and convenient, romance * — Nikolas Kozloff

    Iran’s blossoming relationship with the countries of Latin America may be cause for surprise, and extreme annoyance, in Washington. Yet despite divergent ideologies, they share healthy trade and industrial links, and geopolitical interests. 
And you don’t always have to choose your friends
    Translated by George Miller
  • Lula’s Iranian Achilles heel * — Nikolas Kozloff

  • World’s insatiable demand for rare earth metals

    China sits tight on its goldmine * — Olivier Zajec

    Unlikely as it may be, it was as a result of a recent confrontation on the foggy East China Sea that rare earth metals – used in the production of vital components in a host of hi-tech products on which we increasingly depend – hit the headlines
    Translated by George Miller
  • Wallonia at a time of crisis for Belgium

    A land forever socialist? * — Olivier Bailly

    The Socialist Party has been in power in Wallonia for 37 of the last 40 years, either on its own or as part of a coalition. This longevity can be explained by its leaders’ strategic choices and local roots, and also by the region’s political and social history. The social crisis and various scandals do not seem to touch it
    Translated by Tom Genrich
  • Discretion of the German speakers * — Alexander Homann

    Belgium’s German-speaking community has a constitutional status that makes it self-governing in many respects
    Translated by Tom Genrich
  • A turbulent history *

  • Wallonia at a glance *

  • Bold aviation investment or risky gamble?

    Dubai’s blue sky thinking * — Jean-Pierre Séréni

    Emirates, Dubai’s national airline, has been buying passenger jets as if they were toys, the better to serve its new mega-airports and shopping-based tourist industry. But is this latest spree a few jumbos too bold?
    Translated by Stephanie Irvine
  • Company profile * — Jean-Pierre Séréni

  • Public housing at the core of UK cuts

    Cities for the rich — Rowland Atkinson

    A key part of the UK government spending review ended security of tenancy in public housing, capped the sums paid as housing benefits to individuals and families, yet permitted public housing authorities to charge higher, near private-market rents
    LMD English edition exclusive
  • Dual personality of a convert

    Vargas Llosa, neocon with a Nobel * — Ignacio Ramonet

    If you had only read his novels, you would never guess his political credo or his taste in national leaders
    Translated by Carol Macomber
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