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Early Retirement for the Eurozone?

By Nouriel Roubini in Economics and Finance, August 21, 2012

Whether the eurozone is viable or not remains an open question. But what if a breakup can only be postponed, not avoided? If so, delaying the inevitable would merely make the endgame worse – much worse.

Iran’s Nuclear Ambitions

By David Patrikarakos in Features, August 16, 2012

An interview with David Patrikarakos, author of “Nuclear Iran: the birth of an atomic state”. Negotiations with Iran are now in their tenth year and oil and banking sanctions are beginning to take their toll. But the issue is not all about physics, Iran wants engagement but above all respect.

Destroying the Commons

By Noam Chomsky in Features, August 15, 2012

Down the road only a few generations, the millennium of Magna Carta, one of the great events in the establishment of civil and human rights, will arrive. Whether it will be celebrated, mourned, or ignored is not at all clear.

Bleeding Syria

By Adil E. Shamoo in Politics,

Syrian rebels have been fighting Bashar al-Assad’s forces for nearly a year and a half in a conflict that has caused 20,000 deaths. As the world watches in horror, much confusion remains about the nature of the rebel troops, the identity of the regime’s supporters, and what actions — if any — should be taken by the rest of the world.

Thanks to the ECB

By Charles Wyplosz in Economics and Finance,

Financial markets once again pushed Eurozone leaders to act. European Central Bank President Draghi recently promised to “do whatever it takes”. Charles Wyplosz, Professor of International Economics at the Graduate Institute, Geneva argues that Draghi made an implicit commitment to act as lender of last resort to Eurozone governments.

Kurdish Confusion

By Ekrem Eddy Güzeldere in Politics, July 25, 2012

Since mid-June 2012 there have been many surprising developments in Turkey’s Kurdish issue. Nobody at the moment can say whether this is good or bad, but what is certain is that none of the long-held certainties hold true any more. Conflicting signals are coming from high ranking members of the Kurdish community, but the confusion may have created an opportunity.

Procyclicalists: Fiscal austerity vs. stimulus

By Jeffrey Frankel in Economics and Finance, July 24, 2012

Is austerity good or bad? J. Frankel, Professor of Economics at the Harvard Kennedy School argues that it is as foolish to argue this question as it would be to debate whether it is better to drive on the left or right. Procyclical fiscal policy, on the other hand, is another question.

The Euro’s Latest Reprieve

By Joseph E. Stiglitz in Economics and Finance, July 19, 2012

Nobel laureate in economics, Joseph E. Stiglitz, likens the euro to an inmate on death row who has just received another last-minute stay of execution. The markets are celebrating, but the euphoria will be short-lived as usual. The fundamental problems have yet to be addressed.

Building the Sustainable House

By Johannes Hermel in Environment,

A low-energy home can be built anywhere, in any shape or form. Eco-building consultant and Managing Director of Casambiente, Johannes Hermel talks to TGD about the essentials and the philosophy behind “green architecture”.

South Korea: Stuck in the 20th Century?

By John Feffer in Politics, July 14, 2012

South Korea is at the cutting edge of global technology but in terms of its foreign policy and relations with North Korea and Japan particularly, the country remains in a 20th century mindset.