Oil on Troubled Waters Fails To Soothe

Erato Kozakou-Marcoullis, the foreign minister of Cyprus, complained on Wednesday about the threatening behavior of Turkey in the eastern Mediterranean, saying it was an attempt to intimidate Israeli and Cypriot cooperation on natural gas exploration. Ankara’s “provocative” military exercises and “bullying behavior” were “unacceptable”, she said.No surprise there; Turkey and the Greek Cypriots are about […]

Mass Confusion in Europe

As Greece descends further into chaos, with riots on the streets and mass expulsions from the major political parties, its creditors in Northern Europe seem surprisingly nonchalant, a stark contrast from their anxiety only a few weeks ago. A report in today’s FT claims that Germany and the other creditor governments have reassessed the potential […]

Hamas Leadership On Speed Dating Circuit

Via Meadia has been watching the increasingly empowered Hamas as it explores the opportunities opening up to it in a changing Middle East. Questions abound. As the group makes new friends in Egypt and Turkey, will it leave its old friend Iran behind? Will it modify its positions on peace talks with Israel and the […]

Arab Spring Bears Fruit: Chemical Weapons, Civil War

The Arab Spring is finally beginning to bear fruit. An article in today’s FT reports that Syria has a decades-old chemical weapons program that may fall into the hands of terrorist groups amidst the chaos of Syria’s civil war. Syrian stockpiles include significant amounts of nerve gas and “mustard blister agent,” and while they are […]

Relentless Change Threatens Tech Giants Too

One of the big trends we follow here at Via Meadia to try to figure out what’s going on in the world is the impact of technology driven change on our institutions and our lives. An interesting article over at PandoDaily shows how even the titans of the tech world like database giant Oracle are […]

Will the EU Let Greece Go?

The conservative leader in the European Parliament, Martin Callanan, said today that the European Union must plan for Greece’s “orderly withdrawal” from the eurozone. At long last, a European leader is acknowledging Europe’s habit of “fudging.” Each new “solution” designed to “fix” Europe’s problems has in fact been a distraction, as layer upon layer of temporary […]

The Newest Civil Right

Europeans may not be adept at managing their finances, but at least they’re on the cutting edge of civil rights. On Tuesday a German high court ordered universities to raise salaries for beginning professors, claiming that a base salary roughly equivalent to $60,000 “violated the principle of appropriate pay for civil servants.”  The ruling comes […]

Civil War in Rhode Island: Blue vs. Blue

Many states are doing better this year than at any point since the beginning of the recession five years ago. Unfortunately, Rhode Island isn’t one of them. State and local government finances are in a deep hole after years of profligate spending. The only question now is who’s going to pay the price.Partisans of the […]

Sarkozy Squeezed, France Turns Inward

French President Nicolas Sarkozy’s bad month has just gotten a bit worse. He was already facing an attack from the left, in the form of Hollande’s attacks on big finance and German influence in French politics. Now, he is getting hit from the other side as well. Marine Le Pen, the French Right’s alternative to […]

Recession Inches Closer

The past four years have been dismal for the dismal science. After mostly failing to predict the largest economic crash since the Great Depression, economists have responded by repeatedly failing to anticipate shifts in the major economic indicators—like the unrealized predictions of a strong recovery in 2010 and the upswing of the past few months, […]

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