The New Democracy party will lead the government even though it is utterly clear that at least one in three of the voters who backed it think very little of the party but felt they had no other option. This is as inauspicious a beginning for a new government with a mountain range of challenges as one could have imagined.
The European debt crisis is political more than financial, as argued by George Soros. But the solution to the political problem needs to confront domestic political elites throughout Europe, jealous of their power, with the dishonesty of their stance. Hold on tight - this process provides hope for genuine democratic transformation throughout the Union
crisis needs a collective solution, designed and implemented by both the core
and the periphery. It has to be a political solution underpinned by good
economic and financial reasoning. What George Soros is telling us is that the
latter is by no means guaranteed.
Arab Awakening's columnists offer their weekly perspective on what is
happening on the ground in the Middle East. Leading the week: while Libyans are quietly proving that they can forgive, forget and move forward together, the current political and military powers in Libya seem intent on proving the opposite to the rest of the world.
In this hour-long informal conversation, Terence Mitchison provides the historian's background to the modern Greek state - from Venetian/Ottoman contestation to the Balkan wars of the 20th Century, the rise of Ataturk and the great population movements in the early 1920s. Parts 2 and 3 are available here.
To understand the dynamics and timing of the Eurozone crisis, you need to understand how the European Central Bank actually works. The truth is, it is not really a fully fledged central bank at all. National central banks, including Greece's, have been using their power to transform bad bank loans into cash; that cash is now leaving the periphery and forcing a stark choice on Europe
An attentive reading of the UK Chancellor's (finance minster's) latest speech to the City reveals the strain of ignoring what really limits Britain's ability to formulate a good response to its own double dip recession or to play a constructive role in the Eurozone crisis. In both cases, the root cause is the absence of true democratic legitimacy that pervades the Westminster/City nexus
Egypt's incoming president will enter office without a parliament to oppose him, with a military empowered to arrest and court-martial civilians at will, and a constitution based on that of the Mubarak era.
The Leveson Inquiry has a broad remit: the culture, practice and ethics of the British press. A new media reform group has submitted their evidence and is urging Leveson not to sideline one of the pivotal issues: media ownership.
should not accept Germany's austerity measures but should remain in the euro,
and ultimately seek a federal EU. This is the only way to end the sovereign
debt crisis and restore EU trust, solidarity and collective responsibility.
While Chinese petitioners and dissidents hold protest rallies every day in defiance of unaccountable officials, few of them question the necessity of upholding a strong executive authority. Thoughts on revolution and reform by a Chinese student in Cairo.
It may be time to remind ourselves of the parallels between today's IMF-Merkel-Cameron
package for Europe’s nations in the red, and the structural adjustment policies
of the 1980's. Meanwhile, the centre has everything to gain from the
misery of the periphery if only everyone can be persuaded to hold their nerve.
As Greek electoral law awards the party that comes first 50 bonus seats in the country’s 300-seat parliament, whether that party is ND or Syriza will be crucial. In either case, with so many Montagues and Capulets arrayed on the Greek public square, forming a government will not be easy.
Pakistan has said NATO's supply convoys can cross the Afghan border so long as America's drones do not. Though the expanded use of cyberwarfare, covert special forces and drones is designed to overcome the frictional problems of waging war from a distance, logistics still matter. The world is not flat - even for the US military.
Independent media throughout the world - but especially in the emerging world - is having to re-invent its business models. At the same time, the business sector benefits directly from the honest public sphere that watchdog media creates. There is room, therefore, for imaginative business solutions to media's woes
The Labour leader has set out his defence of the Union in a speech that appealed to his party to recognise England and show pride in the English. But is this enough, with Scotland considering independence and the English question waiting to explode?
than 70 people demonstrated outside the G4S Annual General Meeting in London
yesterday to protest against the security company’s human rights record in
various business sectors, from Israeli prisons to “asylum markets” in the
UK. Protesters told Hilary Aked why they were there.
In a lengthy response to Ann Pettifor's call for Europe to abandon the Euro's "fetters of gold", the author disagrees with almost everything, except for the conclusion that Greece should leave the single currency
Prior to the Egyptian revolution, the US
democracy-promotion strategy helped consolidate the power of an authoritarian
regime and today, the course adopted by its funding bodies is facilitating the
marginalization of alternative social forces.
As Britain remembers Queen Elizabeth's ascension, how has Scotland changed since 1952? A glance back in time to the archives of The Scotsman newspaper reveals a past with much to say about the nation's present and future.
Putin is back in power and the numbers of Russians actively protesting against the regime have dwindled. Six months on, what has the protest movement achieved and does it have a future? Dmitry Travin points to huge differences of opinion in different areas of the country and among different strata of society, and concludes it all depends on the economy.
Few individuals are willing to brave the disapproval of their countrymen and the wrath of their society. But Manal Al Sharif, a Saudi woman, has been courageous enough to stand up strongly for women's rights in the face of overwhelming hostility.
The Deputy Prime Minister has declared a war on social immobility in Britain. But he is denying the strong relationship with growing income inequality. He should take a leaf out of the Spirit Level book, which has now launched an accompanying campaign.
Cameron has again denied any 'great conspiracy' between the British government and the Murdochs, despite accusations by 'Some People'. Anthony Barnett, who counts himself in this group, sets out why the pact was doubtless Faustian, and the denial heaping insult onto injury.
As the UK gears up to the Diamond Jubilee and Olympic Games, the 'Great British Summer' is beginning. But behind the pomp and dazzle, big questions loom. What is 'great' and 'British' about these celebrations? Do they belong to the British people? OurKingdom invites you to investigate.
The ideas for creating a new and sustainable finance system are out there. If this thinking doesn't get greater exposure to policy makers and the media, the world of finance will remain a barrier to social and environmental progress.
A Greek exit from the European single currency would not bring the catharsis that some expect. Rather, it will create new challenges that can only be met with major institutional reforms - to which Germany is central, says Simon Tilford.
Bahrainis of all
political affiliations waited in tense anticipation as rumours
of a Saudi – Bahraini union circulated days before the Gulf leaders
convened in Riyadh for the Gulf Cooperation Council summit on May 14th,
2012. The summit fell short of expectations however.