Word: governability
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...said also in the European Union. We want to use this as an opportunity to change Greece, but let's also use it as an opportunity in Europe, to see what's wrong in our rules and regulations in the eurozone. Do we need greater economic coordination and governance? In fact, the decision we made two days ago was not only about Greece, it was about Europe. It was about setting up a mechanism and even setting up a task force which may even bring in new rules, new ideas, new changes in the law, new changes in the treaty...
...irony is overpowering, says Lowenstein. "Less than a generation after the fall of the Berlin Wall, when prevailing orthodoxy held that the free market could govern itself, and when financial regulation seemed destined for near irrelevancy, the United States was compelled to socialize lending and mortgage risk, and even the ownership of banks, on a scale that would have made Lenin smile...
...Meant to bring everyday Europeans closer to the E.U. institutions that govern them in distant Brussels, the direct democracy experiment allows citizens to sling their concerns onto the E.U. agenda. The principle is simple: if campaigners muster 1 million signatures for a proposal, they can ask the European Commission, the E.U.'s executive branch, to write new legislation. "This is all about taking the E.U. outside of the Brussels beltway and giving it full democratic expression," said Maros Sefcovic, the E.U. commissioner in charge of putting the proposal into place. "The E.U. often stands accused of complexity and detachment from...
...Maliki's job. State of Law and other blocs have already indicated they will contest the results and demand recounts. Even if the results announced today hold up to scrutiny, there's a chance al-Maliki will be able to pull together a coalition to form the new government and retain the Prime Ministership. Meanwhile, the main Shi'ite bloc, the National Iraqi Alliance, won 70 seats; the main Kurdish alliance got 43. A simple majority of 163 seats is needed to govern. (See a 2004 interview with then Prime Minister Allawi...
...political factions and the military are wary of Newin Chidchob, a political boss from Buriram near the Cambodian border who commands the Bhumjai Thai political party. Newin is something of a kingmaker, having been a loyal aide to Thaksin before switching camps so the Democrat party could govern. Newin's real value, however, may be his knowledge of the occult, and in particular Cambodian curses. "Newin's nickname in Thai politics is 'the Wizard of Khmer Black Magic','' Wassana says. Newin's knowledge of Cambodian occult practices may be useful for Abhisit. Because of Thailand's conflict with Cambodia over...