“United we stand, divided we fall.”
– Aesop
Versión en español: http://wp.me/pRlnf-59
The American-European summit in Washington D.C. coincided with the opening session of the Durban Climate Change Conference 2011.
The supposedly steadfast allies spoke of ways to circumvent the world crisis by means of joint efforts to prevent Europe’s debt dilemma to spread to the U.S. coasts across the Atlantic.
On the other front, the United States, jointly with China, maintains a firm stand against the European posture of complying with the soon defunct Kyoto Protocol.
How can problems be solved when there is double-talk amongst allies?
How can any solution be deemed in a global world issue when the players refuse to admit the cause of the problem?
How can the global world expect solutions to a crisis when no priorities are set other than those tending to apply oxygen to financial institutions that were the very epicentre of the economic earthquake?
How can the leaders of the United States and the European Union claim that their meeting was productive when the real relevant issue was left aside to avoid further misunderstandings?
I cannot but repeat myself saying:- “The real problem is not economic rather one of ethics.”
Our world leaders cannot see further than the tip of their noses in their stately myopia whilst 25.000 human beings die every day, forgotten in the speculators’ quest for fast earnings.
Fernando Fuster-Fabra
Barcelona, Spain
“Problems cannot be solved by the same level of thinking that created them.”
– Albert Einstein
Spanish version: http://wp.me/pRlnf-4D
The G-20 Summit of world leaders was held in Cannes a few days ago. As expected, no decisions were taken to resolve the economic crisis that affects the stability of a great number of countries. Not a word was said about establishing restrictions to speculative abuses that crop up based on ratings of agencies prone to cause alarm with their presumptions. Assisting the summit were the principal European leaders representing the EU as well as Germany, France, Italy and United Kingdom as full-pledged members, with Spain and The Netherlands as guests.
Just a few miles away, in Brussels, the Greek crisis with a call for referendum warning and the forthcoming Italian tempest had been left unsolved. Today, the Greek crisis remains unsolved although Greece’s elected Prime Minister (Papandreou) has had to step down and a new one (Papademos) appointed in his place without any elections. Something similar went on in Italy just a few hours ago, with the forced resignation of Berlusconi after the approval of the demanded reforms and the appointment of Monti to replace him.
Two new figures, not elected by their respective citizens, assume their respective tasks; technocrats, as they are called, but without analysing their close links to the financial structures that, in my opinion, have been the root of this entire regrettable situation. Lukas Papademos was Vice-President of the ECB from 2002 till 2008 when Jean Claude Trichet was President whilst Mario Monti not only was a European Commissioner but also a consultant of the notorious American bank, Goldman Sachs.
Furthermore, in November, the turnover at the ECB has also taken place, with an Italian, Mario Draghi, taking over the chair occupied by Trichet from 2003 till late October. He is another figure related to the bank (Goldman Sachs) that caused more than a single financial quake, amongst which it is worth mentioning its advisory role to the Greek Government in the times of the conservative, Kostas Karamanlis, precisely when the state accounts were falsified in the reports to Brussels.
The irony of this entire circus is that a legitimately elected Papandreou was forced out of office for calling a referendum to approve his proposals but no one has said a word about prosecuting neither Karamanlis nor Goldman Sachs por having intentionally lied, causing the domino effect on the weaker Eurozone economies.
Thus, not only has a chance been lost in Cannes to set up global regulating and supervisory measure of the larger banking entities as well as the rating agencies but also it has allowed a slow transfer of previous bank executives and personalities linked to these entities to occupy relevant posts in the hierarchical big-shots of the EU and in the government of its member states.
Likewise, the American stance has taken a 360 degree change from Pittsburgh to Cannes. With elections in 2012, Obama does not wish to risk any confrontation with potential donors for his campaign funds, amongst which we may mention the larger U.S. banks and the powerful Jewish lobby. He abandons Europe to its fate, above all because he does not share the curt German stance in some questions of procedure and timing. Not even the goodwill efforts of the French President and proud father of a baby girl served to ease the tense atmosphere. Furthermore, Obama is aware that in spite of the Euro crisis, the currency has a strong quotation, benefitting the U.S. Dollar and facilitating its exports to the Old Continent while decreasing European countries competitiveness in world trade.
What seems to have gone unnoticed in all this week of European tension after the Cannes summit is that Munich prosecutors ordered a search in the Deutsche Bank offices in relation to the famous ‘Kirch affaire’. In spite of the death of communications magnate, Leo Kirch, the lawsuit against Deutsche Bank continues its course, with outgoing CEO, Josef Ackerman, in the midst of the storm. The matter must have been of such importance that Ackerman announced his decision not to seek the appointment to the bank’s presidency, a rather difficult manoeuvre after the German banking law reforms in 2009. Said reforms establish a two-year grace period before a former CEO can aspire to the presidential post of a bank, with the only exception that 25% of the stockholders so demanded.
Angela Merkel has covered many inside details of the decisions taken in relation with the German banking system between 2005 and 2011, as well as her personal pact with Gerhard Schröder, with regards such a vital issue as energy, disguised under the so-called ‘grand coalition’. Few are conscious of the of Merkel’s stubborn tenacity that has brought her from that membership in the communist youth movement in her younger years in the extinguished GDR to become ‘my girl’ for conservative, Helmut Kohl. Her rise to power came by pure chance after a scandal caused the downfall of Kohl’s chosen successor, Wolfgang Schäuble, actually the Economic Minister in Merkel’s cabinet.
Perhaps that is the reason that one has given due importance to the very recent announcement of the inauguration of start-up of Operation Nord Stream, the gas pipeline agreed upon between Russia and German, with the blessing of France, The Netherlands and United Kingdom. Said pipeline will go from Vyborg in Russia to Greifswald in Germany in a submarine line across the Baltic Sea. In Russia’s behalf the participations is headed by state-owned Gazprom as natural gas supplier and Nord Stream AG, a German enterprise has been set up to handle constructions and operations. It is interesting to observe that former Prime Minister Schröeder has been involved in the Nord Stream project and with Gazprom since December, 2005, roughly a month after stepping down in favour of Angela Merkel.
What makes this affair even uglier is the fact that the powerful EU members will share the spoils of Russian gas without sharing a bit with other Baltic member states, namely – Poland, Estonia, Lithuania and Latvia – nor seem to have offered a gas link to the Scandinavian states for the moment. Nevertheless, said gas will indeed go across the English Channel to the United Kingdom.
This project is contrary to the interest of the pan-European Nabucco project which had set the goal of constructing a gas pipeline from Erzurum in Turkey to Baumgarten in Austria, precisely with the intention of breaking EU dependence on Russian gas supply. The problems generated with Gazprom gas supply through Ukraine have left Central Europe and Italy without a reliable supply in more than one occasion whilst Turkey had offered its facilities in a sign of goodwill in its bid to join the EU. Germany has again vetoed a state that has been accumulating more merits to join the EU than some who already are in.
With partners who demand from the south sacrifices but will not share the favourable agreements with other non-EU states, it is no wonder that the Union of 27, each day, is turning into a more difficult endeavour. In addition, those who impose the terms & conditions interpret the Stability & Growth Pact in such a manner as to oblige members to apply solutions thought out in conventional terms, in precisely the same line as those that created the problem.
Whilst our present-century ‘Medea’ is bossing around in Europe, the route travelled will be the wrong one and the estrangement amongst members each day larger. How much must we wait before Merkel is sent into exile?
Fernando Fuster-Fabra
Barcelona, Spain
Spanish version :- http://wp.me/pRlnf-4m
After a failed coup, USSR Premier Mijail Gorvachov handed over the power of the disintegrating empire to Boris Yeltsin. In no time, the USSR was no more.
Even today, we must ask ourselves what would have been of this world if the process would have remained in the hands of Gorvachov instead of Yeltsin.
In spite of the supposed end of the Cold War, at that stage, the Russia Yeltsin is supposed to have constructed is no different from the USSR that Gorvachov tried to change with his Perestroika. A convinced Leninist, this world leader was less understood at home than abroad. Nevertheless, the Western World failed to give him the support he needed. Yeltsin took over but really no change occurred than a change of name and the celebration of apparently tutored democratic elections.
Today, 20 years after, Russia has not advanced sufficiently towards democracy nor has eradicated the corrupt ways of the defunct USSR. Power is still concentrated in the hands of a few with a strongman at the helm of its destiny. As one of the emerging states that form the so-called BRIC bloc, Russia is expected to propel world economy. How is that to take place when its leaders remain adamant to democratic change in the course of its economic advances?
Fernando Fuster-Fabra
Barcelona, Spain
“Climate is what we expect, weather is what we get.”
– Mark Twain
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Climate change? Who cares? …. This seems to be the generalised world attitude after a rather tepid Cancun meet that has been marred by Bolivia’s objections about the insufficient agreement reached.
Although the Cancun pact sets up a future billionaire “green” fund for developing countries and in some manner is an advance in greenhouse gas emissions reduction from industrial countries from 25 to 40 per cent in the next 10 years, debate on a much needed definite global pact has been postponed to the 2011 Durban Climate Conference, just a year before the Kyoto Protocol comes to an end.
True to say, China has tried to sell a softer image than its previous hard-line posture in the Copenhagen meet in 2009. Nevertheless, the deferment of the definite global pact may well permit this industrial giant to emit contaminating gases without supervision. Another Asian emerging giant, India, was nudged by the USA to accept emission limitations whilst China and the USA itself seem to skip a much desired supervision of their own emissions.
The Mexican conference president, Foreign Secretary Patricia Espinosa, had a rather relevant role to stop bickering and permit a consensus only Bolivia refused to accept. As she gavelled the end of the 193 countries’ meet, Espinosa breath in relief but was aware that a crack had been opened in the Latin American front.
What is worrying is that the so-called consensus pact reached last weekend has had little repercussion on citizenry comments over the globe. It seems that we, the citizens of the world, have lost not only faith in our leaders’ capability to resolve climate change nut also that we are less interested in this ever-growing problem.
As the clock ticks away the seconds to the finalisation of the Kyoto Protocol, we must admit that the $100 Billion Green Fund is no guarantee that emerging nations will apply same to curtail greenhouse gas emissions in their respective territories. Nor can we be sure that climate change will be channelled accordingly in other aspects of environmental protection, such as is the case of potable water facilities and ocean water protection.
As I see it, the real danger of a conflagration amongst nations in the next decades will revolve around water, its equitable distribution and the rights of all to avail of water resources towards quality of living.
This should make us consider seriously all that goes about around in the geo-political pacts on climate change and environmental resources global administration.
Fernando Fuster-Fabra Fdz.
EU Environmental Consultant
Madrid-Barcelona
“I can forgive Alfred Nobel for having invented dynamite, but only a fiend in human form could have invented the Nobel Prize.”
– George Bernard Shaw
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I have come to wonder if the witty Bernard Shaw in saying what he said about the Nobel Prize was right, especially after the 2010 ceremonies.
The empty awardee’s seat at the Oslo Peace Award ceremony dampened the glittering reception of the Nobel Awards in Stockholm and once again demonstrated that this world is guided not by worthy principles intended to be rewarded by the Nobel Prize in its different categories but by vested interests and geo-political strategies.
China has again had its ways over those of the civilized Western world. Neither Liu Xiaobo nor any member of his family was allowed to assist the December 10 ceremony, much less accept the Peace Award from the Norwegian-based jury. In fact, China set up its own version of a so-called ‘peace prize’ awarded precisely the day before. The ‘hissing oriental dragon’ has launched another warning that it is not to be tamed into the fold of the democratic capitalist world so easily.
In a year where international events have not only been dominated by the pervading global economic crisis but likewise tinted with ominous signs of political tensions in various conflictive points around the globe, China has stoutly withstood pressures of the Western democracies for its aperture towards less restrictive policies in its territories.
It is not only its steadfast policy on the renminbi or yuan that confronts China with the USA and its Western allies but also its international support or consent of persistent conflicts with Iran and North Korea. However, some of said allies boycotted the Nobel Awards ceremony to satisfy China, each with different reasons for such support to the Chinese protest for Liu Xiaobo’s Peace Prize.
What is at stake in this rather repulsive situation is the way China can dictate its arrogant will upon some boot-licking trade partners or ideological sympathizers. Moreover, the passiveness of the other larger world powers may grant China a shift of attitude from a hissing dragon to a fire-throwing one.
On this very same weekend, the United Nations’ climate talks are to close at Cancun. There again China will probably be imposing its taciturn stance against anything that represents human rights, freedom or democratic principles.
How long is the free world going to stand for this daily repetition of the Tian’anmen episode of a now more powerful devil-dragon in the economic and geo-political world fronts?
Fernando Fuster-Fabra
Independent Observer
Barcelona – Madrid
“Has President Obama’s brief stay in Lisbon been intended towards a Western-front pact with Russia included to curtail other world powers from the temptation of going beyond their economic ambitions?”
https://fernandofusterfabra.wordpress.com/ November 21, 2010
Less than 72 hours after the historic NATO Summit in Lisbon that put an official end to the Cold War, the world stands abashed to a new North Korean provocation of its neighbour at the same time life-long adversary.
One of the principles that both North & South Korea have resorted to is precisely that of ‘just war’ although not in the manner President Obama employed to justify US presence in Iraq & Afghanistan. Korea, in fact was one nation up till the victorious Allied troops (USA & USSR as main actors) decided to end Japan’s 35-year colonial permanence by jointly occupying Korea as trustees, with the 38th Parallel as the demarcated control zone. However, the reference to said demarcation line dates back to an 1896 dispute between Russia and Japan over Japan’s British-recognised rights over the Korean peninsula.
The latest tense developments between the two Koreas with the North bombing of a South Korean island in the Yellow Sea has brought to front-page new risks of war in the Asian scenario. Not to be taken lightly due to North Korea’s nuclear arsenal, the affair has gone beyond a mere skirmish in the frequent incidents provoked mainly by the last Stalin-cut Communist regime in the world. Although North Korea may be applying once more its calculated-risk provocation strategy to improve its position in forthcoming meetings to negotiate its nuclear development, the near end of Kim Jong Il’s regime with the succession entrusted to his youngest son may provoke a will of confrontation beyond usual limits.
What was in the NATO-Russia agreement that may have to do with this international incident?
Would an expanded NATO alliance have to intervene in case of an open conflict between the two Koreas?
The UN Security Council has been convoked to an emergency meeting. In said council seats China with its veto power. If Russia has now ended the Cold War and is an ally of the NATO allies, only China can block any resolution to condemn North Korea’s supposed attacked against its southern neighbour.
What is in store for us in the next few hours in the ever increasing risk of international nuclear conflict at the 38th Parallel?
Fernando Fuster-Fabra Fdz.
Observer of Human Behaviour