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.
Friday, July 3, 2015
No matter what the political outcome of the current Greek debt crisis, in practical terms Greece will find it very difficult to turn its back on the euro.
Former U.S. Federal Reserve Chairman Ben Bernanke attended a May 25 economic forum in Taipei sponsored by Taiwan's Business Weekly magazine. Bernanke engineered the three rounds of quantitative easing (QE) policies and was the first former Fed chairman to visit the country.
While waiting for the new commissioners to be selected, the Indonesian Corruption Eradication Commission (KPK) is facing a new challenge as the Indonesian House of Representatives has officially proposed a revision of KPK Law No. 30/2002. According to the House, the amendment is nothing more than part of the efforts to strengthen the country's anticorruption agency.
Thursday, July 2, 2015
Is Donald Trump's business empire as Teflon-coated as his hair appears to be? Trump has found himself on the receiving end of the catchphrase he made famous on his reality show "The Apprentice" -- "You're fired!" -- after NBC dumped the real estate mogul Monday over comments he made about immigrants during his recent presidential campaign kickoff speech.
What are we to make of the recent changes in Nepal's constitution-making efforts and the 16-point agreement among major political parties?
Can the idea of injecting a sum as huge as 252 billion yen into the construction of a stadium ever win public understanding?