Undoubtedly, the plummeting of oil price is one of the most observed and debated topics of this year’s end, both for its economic and political implications. These kind of events are hardly ever random, or driven by market forces alone. In this article I will examine the reasons behind this issue, as well as the…
The 25th anniversary of the Fall of the Berlin Wall was hailed with cheerful celebrations in the German capital. Many world leaders sent the usual messages of satisfaction and hope, including Pope Francis’s perhaps sloganistic intimation that “We need bridges, not walls!”. Nevertheless after a quarter-century the political balance of the situation unveils, unsurprisingly, that there might…
The Ukrainian crisis is currently the leading factor weighing on Western international relations, with the EU being caught in an unstable position, torn between the U.S.A.’s pressure on one side, and the economic interdependency with the Russian Federation on the other. This article examines the current state of the issue from a diplomatic standpoint, and…
Winter is approaching and the European Union, following the lead of the U.S.A., is firmly persisting in its policy of sanctions against the Russian Federation. Yet the prospect of closing down of Gazprom’s pipelines, which cover about 30% of the gas requirements of the European area, seems now to be worrying the political establishment of…
Another tragedy of migrants happened in the Mediterranean Sea last week. This time as many as 500 people are feared to have drowned, while trying the crossing to reach the EU, a spokesman of the International Organization for Migration said. Allegedly the human traffickers rammed the boat transporting the migrants, after they refused to move to a smaller…