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Welcome to Wednesday Night #1354 13 Feb 2008


PLEASE LET US KNOW IF YOU CAN BE WITH US - IT MAKES THE CHAIRMAN'S JOB EASIER

the account of the Wednesday Night #1353

Wednesday Night #1354 — with Misha Crnobrnja


While we cannot avoid keeping a weather eye on the ever-changing political winds to the south, we are happy to turn to developments in Europe and elsewhere this week.

In the company of one of our favorite (and only Balkan) experts, Misha Crnobrnja, former ambassador, author, banker, economist, professor of European Integrations and Economy of Transition, we are bound to have an enlightening evening. Misha - Former Ambassador of the Former Yugoslavia to the Former European Community, and author of “The Yugoslav Drama” -  is now the Vice Dean of the Centre for Advanced European Studies and Research (CAESAR) of the University of Novi Sad in Belgrade

With recent developments in Serbia and the threatened declaration of Kosovo’s independence, Misha is that rara avis - knowlegeable observer and analyst, who imbues his topics with passion. Few of us will forget the wonderful evening spent in his company last February when he and Tom Windmuller explored such questions as the existence of a European identity, the Balkans as emerging economies, Russia’s role as an economic power and the encouraging comment that “Despite the cost of the Iraq war, the U.S. economy is actually a bright spot”.

And Lo!, a year may have passed, the sands (and ice floes) shifted slightly, but the topics remain.

Aforementioned Serbia and Kosovo  are very much with us.

The European identity is no better defined, and while France has now “reclaimed its place at the heart of Europe” by ratifying the Lisbon Treaty, President Sarkozy said on Sunday the 27-member European Union now had to define clearly what its goals were.  Will the new Treaty, which virtually replaces the discredited constitution, solve all the problems? Not according to Christopher Booker of The Telegraph (Europe’s parliaments rush into impotence).

Russia appears more threatening this year than last, although exactly a year ago, Vladimir Putin was accusing the U.S. of attempting to establish a uni-polar world  Now as he steps down (though hardly away), in last Friday’s speech on Russian strategy, while pointing to the country’s ever-strengthening economy, he renewed attacks on NATO and to a lesser degree on free trade and investments that cloak grabs for natural resources. Somehow, we don’t think he was talking about China’s Africa policy. Although we have not read the entire text, we suspect the Arctic featured in his thinking.

For lively and informative views on the Russian election and backroom power struggles, we recommend Reuters Operation Successor: Russia’s 2008 elections

The U.S. economy has not evolved as predicted. A year ago there was no talk of subprime mortgages, ABCPs, nor much about sovereign wealth funds. A few cyclical mavens spoke of a healthy “correction”. Certainly not the only-partially-veiled gloom of the G7 finance ministers’ statement that “In the United States, output and employment growth have slowed considerably and risks have become more skewed to the downside,” diplospeak for things are getting really tough.

No doubt the Bush Economic Stimulus package will be considered in this context.

We are absolutely delighted to have Misha with us and invite you to help us celebrate his annual visit.

Editor

Sunday 17 February 2008 Albanian triumph, Serb anger as Kosovo secedes
PRISTINA -- Kosovo Albanians will proclaim independence from Serbia on Sunday, ending a long chapter in the bloody breakup of Yugoslavia but cementing a bitter ethnic frontline in the Balkans.

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Misha Crnobrnja

Tom Windmuller
Wed1301 7 Feb 2007 with Thomas Windmuller and Amb Misha Crnobrnja and John Curtin and Louise des Trois Maisons , and Gerald Ratzer OWN | Sam Stein also Andrew Echenberg intro by Danny van Gelder and Dr. Anne Andermann intro Carlos Fraenkel; Jotham Kinder from the UK intro by Genevieve Martel show also Philippe Levesque intro by Stephanie Lalut and Thibaut Revenaz intro by brother Bertrand Revenaz an event with Roslyn Takeishi and her 1301 Thanks 1:25 video and then again Brian Morel's plea for Help on the 25th 2:17 Diana slides on Wed1301 Notes by Herb Bercovitz and click for Wed1301Report | Wed1299 photos slides | 1301 Jacques Report 3 min also with RonMeisels.asp in RJG photos
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2008 W-N Links

Political Caetoons

Sunday 17 February 2008 OTTAWA: MANUFACTURING SECTOR IN FREEFALL
Statistics Canada reports that sales for manufacturing sector fell to their lowest level in three years in December. The agency says sales amounted to $48.6 billion, a drop of 3.4 per cent from November. The drop is mainly due to the closure of several auto plants. The chief economist for J.P. Morgan Securities Canada, Ted Carmichael, explains that the effect on Canadian manufacturers of the slowdown in the U.S. has been more rapid than foreseen and that therefore the perspective of a recession in Canada have increased.

nsnbc Economy Where nest

Sunday 10 February 2008

Serbia & Kosovo


(Strategic Forecasting Inc.) Kosovo, Russia and the West
2007 saw the resurgence of a long-dormant issue: independence for Serbia’s breakaway province of Kosovo. The tiny region is a key pressure point on the fault line between Russia and the West.
Wednesday-Night.com on Serbia & Kosovo
WN’s special connection to Serbia, Misha Crnobrnja

February 9, 2008
(WSJ) Let’s Avoid Another Kosovo […]

Sunday 10 February 2008

The 2009 Bush e-Budget


Feb 7th 2008 | WASHINGTON, DC
From The Economist print edition
George Bush’s fiscal plan will set off an epic fight
APART from its record-breaking size—over $3 trillion, for the first time ever—the most memorable novelty of George Bush’s budget proposal was the method he used to submit it to Congress. On February 4th Mr Bush held up a tablet PC and showed off his 2009 e-budget. “It saves paper, it saves trees, it saves money. I think it’s the first budget submitted electronically,” he noted. All the easier for the Democrats to drag it to the recycling bin.




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