In The News

Anti-Separatist Taiwan Parties Changing Tune

Ching Cheong December 18, 2003
The 'pan-blue' political camp in Taiwan has traditionally been Beijing's best line of defense against those who want full separation from China, as pan-blue members aim for maintaining the status quo separation of Taiwan and China with an eye to eventual unification. The 'pan-green' camp, which is committed to an eventual Taiwanese independence, has traditionally been...

Deflating Bush's China balloon

William Pesek Jr. December 17, 2003
The Bush Administration is pressuring China to float its currency, the yuan, instead of pegging it to the US dollar. Administration officials argue that the yuan is currently undervalued and is thus hurting the US economy. This week, Alan Greenspan, the US Federal Reserve chairman, said that a rise in the relative value of the yuan would have little effect on US employment, as companies would...

U.S. and Europeans Agree on Sharing of Airline Passenger Data

Philip Shenon December 17, 2003
In a move that averted a trans-Atlantic showdown over privacy rights, the European Union has agreed to allow the US to collect records on all passengers flying from Europe to the US. The Bush administration claims these records are vital to protecting against terrorists entering the country, but European privacy advocates and some countries claimed the policy violated European privacy laws. In...

Saddam in Custody Offers New Opportunity

Shada Islam December 17, 2003
When Saddam Hussein was in power and was defying the UN, the US and its European allies wrangled over how to bring him into compliance. Now with the Iraqi leader in American custody there is a new opportunity to repair transatlantic relations. But there is also a fresh new hurdle. Writing from Brussels, veteran EU watcher Shada Islam says that the Pentagon's announcement that only nations...

France and Germany Join U.S. in Effort to Reduce Iraq's Debt

Craig S. Smith December 17, 2003
US President George W. Bush's envoy on Iraqi debt relief, James Baker III, seems to have already proved his credentials. After talks with officials in the French and German governments, Baker received assurances that those two countries would do what they can to lessen Iraq's debt burden, which is estimated at $120 billion. $40 billion of that is owed to nations within the so-called...

Iraqi Planners Hope to Start Trial by Spring

Rajiv Chandrasekaran December 16, 2003
Only days after the capture of deposed Iraqi president Saddam Hussein, Iraqi leaders have already begun planning for his legal prosecution in an Iraqi courtroom. Vowing to choose only a manageable number of charges to bring against the former dictator, Salem Chalabi said the process would not be rushed, but that the trial could begin as early as the spring of 2004. "We don't want to...

The Siren Song of a Two-Speed Europe

Heather Grabbe December 16, 2003
In a caustic critique of France and Germany's proposal to form a 'core Europe', Heather Grabbe, deputy director of the Center for European Reform, argues that such a plan would only damage the dream of an integrated Europe. The economic viability of the European Union is already under threat from Berlin and Paris' refusal to pay fines for economic transgressions earlier this...