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Category Archives: Europe
The BRIC Fallacy
A person living in the third-poorest province of Brazil is about as well off as the typical Chinese. So much for the Chinese dragon; the typical Brazilian is far better off than the typical Chinese. And let’s not even start comparing Brazil to India. Continue reading
Dmitry Medvedev Doesn’t Look Like Your Typical Russian Leader
Born in 1965, Mr. Medvedev was all of 42 years old when he took power; today he is still a mere 45 years old. By the standards of world leaders, this is amazingly young. Continue reading
The Crisis in the Developed World
I recently had a conversation with a college student hailing from the great country Spain. After talking about my summer activities, I asked him about the internships and jobs he had available in Spain.
He said that there was nothing. No jobs, not internships for anybody his age in Spain. It was a crisis that had become normality. A global crisis. Continue reading
Posted in Africa, Asia, Europe, Foreign Affairs, Latin America, Middle East
Tagged crisis, developed world, developing world, Economy, First-World, inequality
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What Comes After the Bailout of Portugal
With the bailout of Portugal, all eyes are looking towards Spain. This is the market’s next target. A bailout of Spain would be a magnitude more difficult than the previous bailouts. Its economy is far bigger; more than a trillion dollars in GDP and four to five times bigger than Greece. It has a population of 46 million, several times that of Greece.
Posted in Europe
Tagged bankruptcy, Euro, Europe, European sovereign debt crisis, Portugal, Spain
2 Comments
A Russian Perspective on the Russian-Georgian War
This article, by Mikhail Barabanov of the Moscow Defense Brief, provides a fascinatingly perspective. It is from the Russian point-of-view, specifically a military one. Continue reading
Posted in Asia, Europe
Tagged Foreign Affairs, Georgia, Russia, Russian perspective, South Ossetia, war
1 Comment