Good Morning!
“It may be long before the law of love will be recognised in international affairs. The machineries of government stand between and hide the hearts of one people from those of another.” – Mohandas K. Gandhi
Top Global Issues:
Strikes Continue In France Over Pension Reform
Israel Warns Palestinians About The Consequences Of Unilateral Action On Statehood
Israel Not Mad About Recent U.S.-Saudi Arms Deal
Japan and Vietnam Decide On Deal For Rare Earth Metals After China Crisis
Egypt’s President Will Run Again Despite Age And Health Concerns
AU Asks UNSC For More Peacekeeping Forces In Somalia
Cholera Outbreak In Haiti
The Moon Has Lots Of Water
Figures of Note: 
Opinions of Note:
Praful Biwai on India’s Seat In the UNSC
Anne Applebaum on Britain and France’s Economic Troubles
My First Thought: Model 1 vs. Model 2
After the economic crisis hit, the international community had to make a decision about how to handle the crisis. Should countries use austerity or stimulus to solve the problem. The U.S. encouraged stimulus and Germany encouraged austerity. It has been about a year and a half since those meetings took place. Now, Germany is growing and the U.S. is not. Britain and France have also decided to institute austerity measures to fix their economic mess. Does this mean that the U.S. did something wrong? Not necessarily. Both groups of nations suffered different types of economic collapses with different problems to deal with. For Europe, it was the problem of the Euro and Greece’s debt. For the U.S. it was finding a way to stimulate employment. Now, the IMF and others wanted stimulus, for the record. Right now, it is too early to tell which model works the best. Whichever one does work will become the future of the economic recovery system, I guarantee it.
Photo Credit: Daily Mail
