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Articles on International politics

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Mexico’s Agustin Carstens is expected to lose out to France’s Christine Lagarde. AAP

A lost opportunity for IMF reform?

The International Monetary Fund executive board will complete interviews of the two leading candidates to replace Dominique Strauss-Kahn this week, with the aim of picking a new managing director by June…
OPEC president Mohammad Aliabadi believes speculation in futures is inflating oil prices. He is wrong. AAP

Why it’s wrong to blame speculation for pushing up oil prices

OPEC Conference president Mohammad Aliabadi recently joined a chorus of international observers to blame speculation as the source of ongoing volatility in the global oil market. Speaking at an OPEC Conference…
The protest which started here in the Puerta del Sol in Madrid in mid-May has now swept throughout Spain. AAP/Pedro Armestre

How Spanish outrage could transform Europe

On 15 May 2011, one week before Spanish regional and municipal elections, young people gathered on Madrid’s Puerta del Sol square to start a protest known as 15-M movement. It has since acquired a universal…
Israelis have a right to live in peace. But Israel has no ‘right to exist.’ AAP/Gali Tibbon

Israel has no ‘right to exist'—and neither does any other state

Since the 1970s, Israel’s leaders have insisted that their Palestinian interlocutors acknowledge Israel’s “right to exist” as a pre-condition for negotiations on a settlement of the conflict. Amongst other…
Greece would be better off defaulting on its debt than languishing under tough austerity measures. AAP

A Greek debt default wouldn’t be a tragedy

A poll of international investors last month found that 85% expect Greece to default on its debt this year. As market expectations go, that is very high. Moody’s has since downgraded Greece’s already abysmal…
China can easily rouse its banks, but awakening its consumers will be tougher. AAP

Questioning Rudd’s version of ‘China 2.0’

West Australian Premier Colin Barnett’s bold claim on Friday that his state was looking “over the horizon” past Canberra to forge stronger links with China capped off a few weeks of strong rhetoric from…
Christine Lagarde is the favourite to become the IMF’s new chief. AAP

Fund and games: loosening Europe’s grip on the IMF

Speculation last week that Paul Keating and Peter Costello could nominate for the top job at the International Monetary Fund (IMF) was a mere distraction, but the hoopla did manage to highlight a crucial…

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