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From a financial view point, it′s unclear whether UfM governments will be willing and able to match EU funding levels to networks up until now. Some south-eastern Mediterranean governments think that the networks should be funded by the Commission and regulated by governments, a proposal which both the Commission and the networks are unlikely to accept.

New as it is, the Mediterranean Union needs an overhaul

By: Europe′s World | Wednesday, July 7, 2010

The painful transition from the Euro-Mediterranean Partnership to the new Union for the Mediterranean isn’t over. Roberto Aliboni outlines the direction it should go and warns the EU to take more of a back seat and let Arab governments decide the UfM’s future.

The Germans have been developing economic relations with Russia since before the Soviet collapse, but the Greek crisis forced them to reconsider their relationship with Russia. If the European Union was becoming a trap in which Germany was going to consistently subsidize the rest of Europe, and a self-contained economy is impossible, then another strategy would be needed.

Germany and Russia Move Closer

By: Stratfor - Strategic Forecasting | Wednesday, June 23, 2010

The Germans do not want to lose the European concept. At the same time, they are trying to redefine it more to their advantage. From the German point of view, bringing Russia into the relationship would help achieve this.

Should governments fail to reassert the integrity of public stewardship, suspicions will emerge that, for all the talk of new beginnings, the perps and new regime are cut from common cloth

The World teeters on the brink of a new age of Rage

By: The Financial Times | Tuesday, June 22, 2010

Far be it for me to make a dicey situation dicier but you can't smell the sulphur in the air right now and not think we might be on the threshold of an age of rage. Historians will tell you there is often a time-lag between the onset of economic disaster and the accumulation of social fury.

Many of the Chinese and Indian firms active on the sub-Saharan continent are relatively sophisticated businesses and often part of larger international group structures already integrated into global value chains.

How China and India Really Operate in Africa

By: The Globalist | Monday, June 14, 2010

Africa seems to be the new hub for foreign investment for the developing economies of China and India. Both countries are investing heavily in businesses in sub-Saharan Africa and are changing the structure of the trade system there.

A global green recovery strategy of reducing carbon dependency and improving energy security may help to control both the large current-account deficits incurred by major oil-importing economies, such as the US, or even smaller economies that are facing chronic debt crises, such as Greece, Portugal, and Spain.

Urgent: A global green New Deal

By: VoxEU.org | Friday, June 4, 2010

Nearly one-sixth of the more than $3 trillion in fiscal stimulus spent in 2008 and 2009 was allocated to green spending. But this column argues that without correcting existing market and policy distortions, the “greening” of the world economy will be short-lived.

Obama, who made Mideast diplomacy a major priority, had succeeded in reviving Israeli-Palestinian peace negotiations through U.S.-mediated indirect talks. But there has been little or no progress and prospects look even more bleak after the flotilla incident.

Crises rain on Obama

By: Reuters | Wednesday, June 2, 2010

The diplomatic crisis over Israel's raid on a Gaza-bound flotilla added to the pressures facing President Barack Obama, who is already grappling with a catastrophic oil spill and high unemployment at home.

So anytime you doubt that we can work our way through the still-thorny problems of the Balkans — we are not out of the woods yet — anytime you doubt, you think, oh, this Northern Irish thing, it was a special moment in history. It probably can’t be replicated.

Bill Clinton: The End of Politics as a Zero-Sum Game

By: The Globalist | Monday, May 31, 2010

Could it be that one small African country provides the most powerful example for how to end the destructive practice of conducting politics as a game that must end with a winner and a loser? Bill Clinton holds out the example of post-conflict Rwanda as an epic story of hope for a better world.

The political forces which threaten the Koreas are completely different from those that are shaking confidence in the euro zone. But there is one unfortunate similarity. Until a few months ago, the governments, which had responded so powerfully to the financial crisis, were a comfort to markets.

Korea embargo adds to market’s political fear

By: Reuters | Wednesday, May 26, 2010

Investors rarely like wars or rumors of war. But for global markets, the renewed military tension on the Korean peninsula comes at a particularly sensitive time. The threat to this big economy — S. Korea’s GDP is 4 times larger than Greece’s — adds to the impression of a world out of control.

Today, the sources of global growth are shifting from the advanced economies to the large emerging economies — for all practical purposes, from the West to the East.

The Rest and the West

By: The Globalist | Thursday, May 13, 2010

Since the 1980s, the role of the advanced economies as drivers of global growth has been eroding. While Europe battles the Greek bond crisis and the United States struggles to pass banking regulations, developing economies in Asia and elsewhere are robust and growing.

Amanpour also questioned Ma about possible plans to meet Chinese leader Hu Jintao, but the president said there were no such plans at present because the time for such a meeting was not right.

Taiwan-U.S.-China ties now best in 60 years: President Ma

By: CNA | Tuesday, May 4, 2010

In an interview with CNN, Ma said that since he was sworn in on May 2008, he has made great efforts to ease tensions across the Taiwan Strait by inking 12 cooperative agreements with China, successfully turning the Taiwan Strait from a flash point into a peaceful and prosperous area in Asia Pacific

Britain, the U.S. government, the EU and the rest of the world can only benefit from a less automatic pattern of support of Washington’s policies by London.

Nick Clegg: Springtime for Britain?

By: The Globalist | Friday, April 30, 2010

The rise of Nick Clegg and the Liberal Democrats is a refreshing sign on the part of the British electorate that it wants to broaden its political choices beyond Labour and the Conservatives, the country’s two tired old parties.

Hillary Clinton was not among the record 31 women on this year's list. The chosen, grouped into leaders, thinkers, artists and heroes, also include a record 47 international figures from 23 countries.

TIME: Top 100 influential people

By: Reuters | Friday, April 30, 2010

When it comes to influence, President Barack Obama, former President Bill Clinton and pop star Lady Gaga have it, but Secretary of State Hillary Clinton does not, according to the Time magazine list. The list is based on staff suggestions and editorial decisions by senior Time magazine editors.

US President Barack Obama won in one week two battles in his war against nuclear weapons.

Obama’s war against nuclear weapons: a new START and a 47-nations anti-nuclear pact

By: N. Peter Kramer | Sunday, April 18, 2010

In Prague (Czech Republic) on April 8, US President Obama and Russian President Medvedev signed a sweeping new nuclear arms reduction pact that pledges to reduce the stockpile of deployed, strategic nuclear weapons in both countries.

Over time, the profit motive will be our strongest ally. It will lead the growing middle class to push increasingly for business-friendly economic reform and the reliable rule of law, as well as the opening up of their economies to trade with the world.

Developing a Winning Strategy for the Middle East

By: The Globalist | Thursday, April 1, 2010

Vali Nasr, author of "Forces of Fortune," argues the only way Westerners will get less, rather than more, rejection and extremism is not with more sanctions and conflict — but with more business and interaction.

The rise of a global middle class and the decline in poverty has not just been about higher incomes and more consumption. The rising global tide we have seen in the past two decades has allowed families in developing countries to acquire healthier lives.

More Like Us: The Growth of the Global Middle Class

By: The Globalist | Wednesday, February 24, 2010

The global economic downturn should not obscure the unprecedented material progress that globalization has brought to the world in recent years. As the CATO Institute's Daniel Griswold argues perhaps the most important accomplishment of globalization has been the creation of a global middle class.

The world is in a state of serious distress. We are in the midst of the worst-ever economic crisis — and the first to have a global reach and which has seen a decimation of employment.

Global Governance: Lessons from Europe

By: Pascal Lamy, Director - General of WTO | Friday, February 19, 2010

As the world emerges from one of the worst economic crises in recent history, there is need for an organization that can provide measures of global governance. But that is a difficult task, raising issues of distance, legitimacy and power-sharing.

The Corporate Executive Board's Corporate Strategy Board has identified 10 major factors that will likely have significant impact across industries and how businesses can best position themselves to prepare.

The Top 10 Drivers of Change in 2010 and Beyond

By: Business Week | Tuesday, February 9, 2010

Among the insights from the CEB: Economic recovery will be uneven, the war for talent will heat up, and price won't be consumers' top motivator. In this era of uncertainty, many executives are wondering which changes will have the greatest impact on their business in the year ahead.

At the 40th World Economic Forum Annual Meeting 2010, participants found that the global recovery is fragile, and now is the moment to rethink values as the world rebuilds prosperity

Rebuilding the global economy on a principled foundation

By: EBR | Monday, February 1, 2010

At the conclusion of the 40th World Economic Forum Annual Meeting, participants pledged to rethink, rebuild and redesign the global economy based on sustainable principles. “The recovery is still very fragile in many developed economies.” Principled leadership is key to stabilization.

In the shadow of the human tragedy in Haiti, in a very discrete way, Taiwan and (the Peoples Republic of) China play diplomatic poker. Haiti is one of the 23 states in the world which do not recognise China and has diplomatic ties with Taiwan.

Taiwan’s aid donation for Haiti

By: N. Peter Kramer | Sunday, January 31, 2010

Taiwan (Republic of China) pledged a $5 million donation shortly after its Caribbean ally Haiti was struck by the deadly earthquake January 12. After meeting the Haitian Prime Minister Jean-Max Bellerive, President MaYing-jeou announced that Taiwan will increase its aid donation to $10 million.

Mr. Obama appealed for an end to the “tired old battles” that have divided the country and stalled his efforts on Capitol Hill. He promised to focus intently on the issue of most immediate concern to the nation, jobs.

Obama pledges renewed focus on jobs

By: The New York Times | Thursday, January 28, 2010

President Obama vowed Wednesday night not to give up on his ambitious legislative agenda, using his first State of the Union address to chastise Republicans for working in lock-step against him and to warn Democrats to stiffen their political spines.

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EU Actually

A mission impossible for Sébastien Lecornu, Macron’s 5th Prime Minister?

By: N. Peter Kramer

President Emmanuel Macron has again named a close ally, Sébastien Lecornu, as the new French prime minister, 24 hours after a vote of confidence ousted François Bayrou.

Europe

The EU must define its red lines in a tough new security doctrine

Realpolitik, greatly enhanced by television, has in recent weeks sent an embarrassing message around the world – the European Union isn’t the global player it claims to be

Business