Italian Prime Minister Matteo Renzi attended the signing of a deal between Italian steelmaker Lucchini and Algerian conglomerate Cevital, Rome, Italy, Dec. 9, 2014 (Photo from the office of the Italian Prime Minister).
In a reversal of historical trends, emerging countries are now going to great lengths to buy into portions of Europe’s sluggish industrial system. In the gloomy context of an old continent struggling to overcome the crisis that has been gripping its economies since 2007, businesses from developing nations are queuing to purchase valuable European assets, often in countries that were once their colonial rulers. As a consequence of the growing importance that their own countries have gained on the world stage, private and public managers from China, India and the Persian Gulf countries are now familiar figures in the governing [...]
Dozens of immigrants who arrived on a cargo ship from Turkey line up for meals in a basketball arena where they have been given temporary shelter, Ierapetra, Crete, Nov. 28, 2014 (AP photo by Petros Giannakouris).
European decision-makers are accustomed to appearing weak. Their collective economic, political and military weight has plummeted in recent years. But they like to think that they retain moral authority. Europe’s governments claim to be virtuous on a wide range of issues. The United Kingdom and the Nordic countries are committed to international aid. Germany is standing up for personal privacy in the wake of the Edward Snowden leaks. France has shrugged off accusations of neocolonialism to intervene in benighted ex-colonies such as the Central African Republic (CAR). Europe may not be a great power, but it wants to do the [...]
Egyptian youths shout slogans against the country’s ruling military council during a demonstration in Tahrir Square in Cairo, Egypt, Nov. 30, 2011 (AP photo by Bela Szandelszky).
Young people and youthful energy propelled the Arab uprisings that began in 2010. And while the cohesion and impact of vaguely defined “youth” movements have been overstated, they remain the most important potential source of change—the Arab world’s best hope. The small vanguard that drove the original uprisings is growing more organized and more ideologically sophisticated even as, for the time being, it has lost political ground. Egypt has always set regional trends in political thought. Its Tahrir Square uprising raised expectations for democratic transitions throughout the region, although the other Arab revolts brought wildly divergent results, especially for youth. [...]
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