The polls had closed a few hours earlier in Cairo, after two days of voting for a president who may or may not have any power. The Muslim Brotherhood was preparing to claim victory. Meanwhile, in the desert to the west, three gunmen crossed the border between Egypt's Sinai Peninsula and Israel, attacked an Israeli crew building a border fence, and killed a worker, an Arab Israeli named Saeed Fashafshe.
All the bland platitudes coming out of the Group of 20 Meeting in Mexico can’t disguise the absence of progress on the European crisis. German Chancellor Angela Merkel is totally dug in on the proposition that Greece, Portugal, and Spain need to stick to the austerity medicine that will only deepen the collapse and embolden more speculative attacks on government bonds.
It was a night of high drama, after a tense pre-election period that often descended into violence. By the end of it, Greek voters had narrowly given the pro-bailout forces one last stab at salvaging the adjustment program with Greece’s creditors and avoiding a disastrous exit from the euro. This has bought the country some time. It must now make the best possible use of it.
“Not a step back: End the troika and the memorandum.” Thus read one of the placards hung up on a lamp post close to Omonoia Square in downtown Athens, where Syriza—the surging left-wing party led by Alexis Tsipras—held its major pre-election rally last night.
Europe’s top politicians, led by German Chancellor Angela Merkel, seem determined to repeat the same mistakes over and over again. Last weekend, the financial crisis seemed to be contained for the moment when the Germans and the European Central Bank agreed to commit 100 billion euros through the European Union’s (E.U.) rescue funds to recapitalize Spain’s faltering banking system. The Spanish government bargained hard, and won an agreement that the bailout would not be tied to new austerity demands of the sort imposed on Greece and Portugal.
Before July 1, five apartment buildings in a West Bank settlement will be cut from their foundations and dragged over the hilly terrain to a new location elsewhere in the community. That's Israeli Prime Minister Benjamin Netanyahu's plan, anyway.
From an engineering perspective, the idea is "delusional," as one expert put it. That's an understated evaluation. If the three-story buildings are moved and survive, it's reasonable to assume that they'll be riddled with visible and unseen fissures—just like Netanyahu's Likud party, his ruling coalition, and the jerrybuilt legal underpinnings of Israeli settlement in occupied territory. The interesting question is which of these flawed structures will collapse first.
BERLIN—Germany, uniquely, is prospering while the rest of Europe sinks deeper into recession. And the recession is substantially the result of the very austerity that Chancellor Angela Merkel is imposing on the other member nations of the European Union.
Why is Germany spared? One good reason and two bad ones.
The good reason is that Germany promotes manufacturing, with sensible training and technology policies. Its industries have partnerships with effective unions. So Germany’s huge export surplus means that it can have tight budget policies at home and still have plenty of good jobs.
BRUSSELS—Depending on whose narrative you believe, the deepening economic crisis in Greece proves (a) that the dysfunctional and dissolute Greeks just couldn’t get their act together and keep the reform commitments that they made in exchange for debt relief from the European authorities; or (b) it only proves that austerity breeds more austerity.
Cut public spending and wages, and raise taxes in a recession, and you just dig yourself a deeper hole. Since only about 20 percent of the Greek economy is exports and less than 40 percent of export costs are wages, slashing wages just doesn’t produce much of a bounce, especially when the rest of Europe’s economy is contracting too.
It may barely make a blip on our political radar screen, but on July 1 Mexico is slated to elect a new president for the next six years. Plagued by out-of control violence and chronic poverty, the country is in desperate need of new leadership. Yet holding a commanding lead in the polls is Enrique Peña Nieto, an old-guard candidate of the discredited Partido Revolucionario Institutional (PRI), which ran the county as a one-party dictatorship for 70 years before being ousted in 2000.
ATHENS—To hear the leaders of the European austerity party and a lot of commentators tell it, the upcoming Greek election will be a “referendum” between keeping Greece’s austerity commitments and staying in the Eurozone—or recklessly walking away. A vote for a centrist coalition, supposedly, is a vote for staying in; a vote for the left is a vote for throwing caution to the winds and destroying Greece.
But viewed from Greece, that framing is totally wrong.
Europe’s leaders emerged far apart at their summit dinner in Brussels Wednesday night. They could not even agree on relatively easy measures to contain the escalating crisis, such as Eurobonds or a greater role for the European Central Bank (ECB).
But at the core of the crisis is an issue that Europe’s leaders are even more reluctant to take on—the ease with which hedge funds and other speculators can drive a small economy into the ground.
ATHENS—The European austerity caucus led by German Chancellor Angela Merkel is coming apart, but Germany retains the power to block the newly forming coalition for growth as a solution to the eurozone crisis. Tonight’s summit dinner in Brussels is unlikely to produce a breakthrough.
But what a difference an election makes. Since Francois Hollande was elected President of France less than three weeks ago, leaders that had been bullied into siding with the Germans are breaking loose.
In much of the United States, Pride parades have become more or less the equivalent of St. Patrick's or Mardi Gras parades, or really, any ethnic festival: a subcultural celebration where everyone's welcome, with floats and trinkets and t-shirts abounding. It's not quite the same in former Soviet bloc countries. Take a look at what happened to Svyatoslav Sheremet, head of the Gay Forum of Ukraine, for trying to arrange a Pride Parade in his country. Then scroll down past the Russian, here, to see pictures of the results. You don't need Google Translate to understand.
I don’t know about you, but Jaclyn Friedman’s series last week filled me with all kindsa hope, or, at least, tamped down my hopelessness. Ending rape in conflict zones? Ending rape at all? My Eeyore side was looking askance at her pieces every day, slowly and cautiously persuaded that perhaps All Is Not Hopeless. Reading her was like reading Nicholas Kristof’s Mother’s Day article about the fierce spirit of the Ethiopian woman Mahabouba Mohammed, who managed to find her way to Dr.
This being Friday, seems like the way to wrap up this week's series on endingrapeinconflict is with a good old-fashioned link round-up. Before we get into the clicking, a huge thanks to E.J. Graff and the Prospect for hosting me this week, and to all of you for reading.
For the first of two rounds of links, and to give you a sense of the movement that's already underway, let's focus on recent actions happening in the four focus countries of the campaign: