HUNGARY ON THE CURVE: WILL THE EUROPEAN COMMISSION «STRONGARM» ORBAN?

Sheer amount of reforms, which the current Hungarian government is engaged into, and, most of all, the volume of reformed economic and political institutions is unprecedented. Apart from Prime Minister Viktor Orban, no one, not even the members of his own government, seem to be aware of the complicated situation, which Hungary fetched itself in. The government is under tremendous pressure exerted by the international institutions. Orban awaits the IMF decision regarding the loan for Hungary with the strained attention — this loan may give the markets a positive signal.

AGE OF MULTIPOLAR CURRENCY WARS. Part I

The USA and the EU demand China to revalue Yuan, but the Chinese authorities deny this request, stating that this will lead to bankruptcy of Chinese enterprises and, accordingly, to the growth of unemployment and social instability, which Beijing afraid even more than the discontent of its trade partners. As a counter-thesis in the debate with the USA, China presses the charges of uncontrolled emission of the U.S. dollars, which, according to the PRC, provoked the imbalance of the world economy.

WAR IN LIBYA: THE USA IS STRIKING CHINA WITH ITS FRENCH PROXY?

WAR IN LIBYA: THE USA IS STRIKING CHINA WITH ITS FRENCH PROXY?

Mass-media promotion of French role in a Libyan conflict may happen to be a dangerous and faulty game. Experts believe that Sarkozy acted as an American puppet, which used France as their cat’s paw. Primary U.S. goal in support of the Libyan military conflict is their wish to hinder Chinese involvement into the economics of an African continent. Washington tries to prevent further Chinese development, using its military and strategic advantage and restraining Chinese access to the natural and energetic resources of the region: Beijing invested loads of money into energetic complex of Cyrenaica, reckoning to use these sources for their energetic needs.

Here’s a full text of the French report regarding Libya, posted at the request of our dear readers

---

WHAT IS GLOBAL FINANCIAL STABILITY FOUNDED UPON? Part I

Arrest of IMF Managing Director Dominique Strauss-Kahn in New-York has crumbled euro and put the financial aid programs for European countries that fetched themselves in a severe economic situation at risk. It is unknown, whether 62-year-old politician and financier is actually guilty of the things he’s accused of, but the financial consequences of his arrest are on hand. Assuming that Strauss-Kahn, known for his playboy adventures, actually did what he was charged with, that might the most costly liaison in the world. So what kind of global financial order is it, if it can be ruined by a sudden testosterone attack of an aging Frenchman?