Originally posted on Not Another Political And New Blog:
Greece has structured a plan that could solve their debt crisis. Greek Finance Minister Giorgios Stathakis has spelled out the terms of a new proposal to end the deadlock on it’s debt crisis amid hopes that deal can be struck this week. Hoorah the Greek problem…
Originally posted on Quartz:
Across Europe, traders’ screens were a sea of green today, with Greece—of all places—glowing brightest. Greek stocks and bonds rallied big on news that (finally, mercifully) the country may be close to agreeing a deal to extend its bailout agreement. Euro zone finance ministers met in Brussels to consider a revised…
“NATO’s new high-readiness ‘Spearhead’ force has been deployed for the first time,” Forces TV reports. “More than 2,000 soldiers from nine member states are taking part in exercises in north-west Poland. It comes as NATO head Jens Stoltenberg says the alliance will approve plans this week to more than double the size of its rapid response … Continue reading
Originally posted on A European Diary.:
Washington Versus China in the Twenty-First Century. By Alfred W. McCoy For even the greatest of empires, geography is often destiny. You wouldn’t know it in Washington, though. America’s political, national security, and foreign policy elites continue to ignore the basics of geopolitics that have shaped the fate of world…
“Japan’s Softbank Corp is to team up with Bharti Enterprises and Taiwan’s Foxconn to invest about $20 billion in solar projects in India as the country steps up efforts to boost the renewable energy sector,” The Times of India reports. “Softbank, which has said it will invest $10 billion in India over time, said on … Continue reading
Originally posted on Financial Post:
ATHENS/BRUSSELS — A new Greek offer for a cash-for-reforms deal raised hopes of an agreement as euro zone leaders prepared for an emergency summit on Monday, with EU officials welcoming the proposals as a “good basis for progress” to avert a default by Athens. European shares surged and the Greek…