‘Left at the Mercy of God’ at izbrano

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‘Left at the Mercy of God’

Spiegel - Fires burn for the fourth day across Greece in the worst blazes the country has ever seen. At least 60 have died and help has arrived from across Europe. The authorities suspect that many of the fires have been set on purpose.

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Obama’s historic victory

Economist - America has not shifted greatly to the left. Mr Obama, especially with his big Democratic majority in Congress, will have to manage expectations carefully. Democrats will want big pushes to the left. But Mr Obama knows that Bill Clinton lost his congressional majority after two years because he overreached in that [...]

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Regulation should be international

Financial Times, by C. Reinhart and K. Rogoff - An international regulator with teeth is needed to protect against national political interests that, left unchecked, will again push the global system to excessive leverage and risk.

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The Good Intentions Summit

Spiegel - In the end, delegates at the financial summit of industrial and emerging economies delivered a closing statement without any concrete decisions. Host Bush has nothing left to say, and the world eagerly awaits his successor Obama. What is clear, though, is that G-20’s influence will grow.

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