President Obama’s statement on Iran at Pittsburgh G20
[youtube]http://www.youtube.com/watch?v=UcW6o9BdSNY[/youtube]
[youtube]http://www.youtube.com/watch?v=UcW6o9BdSNY[/youtube]
As the spotlight shifts from the UN General Assembly and world leaders converge on Pittsburgh for the G20, there’s been much debate about the prospects for success and the competing agendas of member countries.
– The core negotiations seem set to finalise agreement over a “framework for balanced and sustainable growth” – particularly critical from US and Chinese perspectives – that seeks to give the IMF a greater reporting role in policing global imbalances. The FT’s Money Supply blog offers a sceptical comparison of the leaked draft agreement with the IMF’s current role.
– As to the Europeans: Gordon Brown seems to be adopting a broader focus, calling in an NYT op-ed for “a new system of governance” to form the “next common economic goal”. (He also announced that UK Business Minister Shriti Vadera would be going on secondment to the South Korean government to help develop proposals on global financial architecture ahead of their G20 presidency next year.) For Angela Merkel, the “most important subject” is financial regulation; she argues that “we must not search for substitute issues”; and for Sarkozy too, the top priorities look to be bankers’ bonuses and agreement over capital requirements for banks.
– Trade and protectionism are sure to form another important aspect of negotiations, particularly for China and India. VoxEU takes an interesting look at trends in world trade since the November 2008 Washington Summit, highlighting how G20 states’ oft-proclaimed commitment against protectionism has been broken by member governments approximately once every three days since last year’s commitments. “No other statistic”, Simon Evenett argues, “better demonstrates the paucity of global leadership on contemporary protectionism”.
– Robert Zoellick, President of the World Bank, calls for the summit to focus on the world’s developing economies, highlighting the positive contribution they can make to the health of the global economy. Pittsburgh, he argues, can mark the advent of a more “responsible globalisation” founded on “multiple poles of growth”. Brazilian President, Luiz Inácio Lula da Silva, meanwhile, presents his take on the G20 grouping in the LA Times.
– Around the think tanks, finally: Brookings has an in-depth report focusing on some of the broader implications of the G20 agenda, from the protectionism issue to African and Latin American perspectives, as well as assessing the G20’s approach to climate change. The Carnegie Endowment, meanwhile, has an interesting take on Saudi Arabia’s approach to the summit, given its increasing exposure to instability in the financial markets and vulnerability to shifts in oil and food prices.
Elsewhere, Chatham House has analysis of some of the key short-term economic indicators, as well as long-term GDP forecasts – arguing that it is still to early too be coordinating exit strategies. The Canadian-based Centre for International Governance Innovation, meanwhile, takes a comprehensive look at some of the challenges facing the G20 as a forum for global economic governance, with contributions from policymakers and academics alike.
Seems like America is having increasing trouble with the whole post-racial thing. Here’s Rush Limbaugh ginning up white rage following release of a video showing a 17-year old kid being bullied up on a bus.
Greetings my friends where it’s Obama’s America is it not? Obama’s America where white kids are getting beat up on school buses now. When you put your kids on school buses, you expect safety but in Obama’s America the white kids now get beat up, with the black kids cheering: “yeah, right on, right on, right on!”
And of course, everyone says: “The white kid deserved it. He was born a racist. He was white.” Newsweek magazine told us this. We know that white students are destroying civility on buses, white students destroying civility in classrooms all across America, white Congressmen destroying civility in the House of Representatives.
We can redistribute students while we redistribute their parents’ wealth. We can redistribute everything. Just return the white students to their rightful place. Their own bus. With bars on the window. And armed guards. They’re racists. They get what they deserve. Newsweek magazine told us this. Post-racial America.
I wonder if Obama’s going to come to come to the defence of the assailants the way he did his friend Skip Gates up there at Harvard. I mean the assailants are presumed innocent due to the white racism we all know runs rampant in America…
If he’s going to apologize for America, Obama needs to apologize for the right reasons. White Americans are racists who have created what they call free markets, that really just enslave the rest of America and her trading partners.
I mean it was White Americans that ran off Van Jones. Let’s just follow Eric Holder’s advice and not be cowards about all this. Let’s have an open conversation, an honest conversation about all of our typical white grandmothers. You had one. I had one. Obama had one. They’re racists. Just like our students are.
Update: Here’s ‘crunchy’ conservative, Rod Dreher’s reaction:
On his deathbed not too many years ago, a relative of mine confessed to having been part of a white lynch mob in the 1930s, which strung up a black man after he was caught having sex with a white woman. She accused him of rape. The sheriff led the lynch mob. There was no need for a trial; what a black man did to a white woman was considered so horrifying that nobody could wait for a trial and a verdict. After the black man was murdered, the guilt-stricken white woman confessed that the man had been her lover, and she called him a rapist to protect her honor.
None of us ever knew this about my kinsman, until in his dying days, he admitted it because it tortured him. It had been on his heart all his life. I pray that his repentance in the face of eternity helped him find mercy. It unnerved me, though, to think that that kindly old man had once fallen under the sway of race hatred to that degree, a race hatred that was part of the society into which he was born and raised. It still does, because that world seems like a thousand years ago. But it only seems so far away because many people worked too hard — and some even gave their lives — to drive those demons out. And now here is Limbaugh, of Palm Beach, and his ilk, calling them back insouciantly, for political advantage. This is evil.
Update II: And then there’s Limbaugh on the Kanye West hoohah – reaching for the black man/white virgin imagery:
If you’re Kanye West and here’s some 19-year-old country western virgin, and what’s she doing on the show in the first place, when you got somebody like Beyonce out there, it’s all totally understandable if you look at it from Kanye’s worldview.
– With the news that President Obama has nominated Ben Bernanke for a second term, over at the New Republic Noam Scheiber assesses the merits of continuity at the Fed. Stephen Roach, meanwhile, examines the case against the incumbent chairman, arguing that Obama’s decision should open a “broader debate over the conduct and role of US monetary policy”.
– Taking us back to the depths of last September’s financial meltdown, Faisal Islam has some interesting insights into the collapse of Lehman Brothers as viewed from British shores.
– Elsewhere, debate continues apace about the rights and wrongs of releasing the Lockerbie bomber. Suggesting that “cock-up offers as convincing an explanation as conspiracy for the handling of Mr Megrahi’s release”, Philip Stephens argues that the decision highlights the “price of realism” in foreign policy.
– Speaking of which, in the latest edition of FP Magazine none other than Paul Wolfowitz assesses the realist credentials of President Obama; providing at once a telling insight into the mindset of a man at the heart of foreign policy making during the Bush years.
– Mark Easton’s BBC blog, meanwhile, takes a look at how the British government is looking to influence public behaviour in light of the Chief Scientist’s warning of a “perfect storm” of energy, food and water scarcity by 2030.
– Finally, as President Obama holidays on Martha’s Vineyard, the White House announces what he’ll be reading on the beach. Slate offers its take here.
– With the fortieth anniversary of Muammar Qaddafi’s rule fast approaching, Chatham House’s Molly Tarhuni takes a look (pdf) at Libya’s gradual reemergence onto the international stage. Four decades on, she suggests, and the basis of Anglo-Libyan relations remains much the same however.
– Over at Atlantic Monthly, Amanda Ripley profiles Craig Fugate, the new head of FEMA and a man with “a reputation for telling it like it is”. “Already”, she suggests, “Fugate is factoring citizens into the agency’s models for catastrophic planning, thinking of them as rescuers and responders, not just victims”. Moreover, Ripley continues,
he has changed FEMA’s mission statement from the old, paternalistic (and fantastical) vow to ‘protect the Nation from all hazards’ to a more modest, collaborative pledge to ‘support our citizens and first responders to ensure that as a nation we work together’.
A far cry, it would seem, from Michael “Heckuva Job” Brown.
– Harvard academic Joseph Nye, meanwhile, explores the importance of good communication for effective leadership. Obama’s ability to convey a resonant narrative has succeeded in rebuilding some of the US’s soft power, he argues, though the jury is still out on whether actions can match the towering oratory.
– Elsewhere, Victor Sebestyen reflects on the Soviet experience in Afghanistan during the 1980s – “Defeat in the hills around Kabul”, he suggests, “led directly – and swiftly, within months – to the fall of the Berlin Wall”.
– Finally, fast-forward to next week’s Afghan elections and the NYT takes a look at the campaign of presidential hopeful Ashraf Ghani. Reuters has some of the key election details here. Stephen Colbert, meanwhile, jests with the “Ragin’ Cajun”, James Carville, former political consultant to Bill Clinton and who regular readers will know has been advising Ghani. Don’t miss the video.