Tuesday, 28 April 2015

US Strategic Impotence Driving Iran Détente

The deal reached in early April between Iran and major world powers represents a high point in negotiations aimed at outlining the future of Iran’s nuclear programme. Both sides have made considerable concessions, while Hassan Rouhani’s government in Tehran has moved a step closer to freeing Iran from almost all economic and financial sanctions, a key goal of his administration.

Though the full details of a comprehensive deal will not be finalized until late June and differences remain on various technical and legal dimensions of the programme, a successful settlement of the nuclear issue could open the door to a new stage in the US-Iran relationship, the effects of which have already begun to slowly reshape the region’s existing strategic order.

Considering the Obama administration’s position toward Iran throughout most of his presidency – characterized by non-engagement and a preference for regime change – the reversal of US policy since the election of Hassan Rouhani begs the question of whether Washington’s moves signal a genuine desire to overcome historical animosities and forge a new kind of relationship.

Read the full story on New Eastern Outlook

Nile Bowie is a Singapore-based political commentator and columnist for the Malaysian Reserve newspaper. He can be reached atnilebowie@gmail.com.

Monday, 6 April 2015

German Intransigence Raises Spectre for ‘Grexit’

Greece’s newly elected government, led by the leftist Syriza coalition that swept into power in January on an anti-austerity platform, finds itself in a highly unenviable position. Athens is burdened by colossal debt, imminent liquidity problems and a looming banking collapse. What is at stake for Greece now is its very ability to survive economically within the euro-zone.

The Syriza coalition emerged from various offshoots of the Greek radical left, which set itself apart from the political mainstream by taking an anti-capitalist position emphasizing wealth redistribution and class struggle, while allying itself with alter-globalization movements and trade unions. The ascension of Syriza represents the most leftward shift in European politics in decades.

Once a negligible force at the ballot box, Syriza has gradually succeeded in commanding support among the wage-earning class and the urban unemployed, who view the coalition as the only political force capable of pulling the country off the trajectory of austerity, imposed by Greece’s creditors – primarily Germany.

The new government of Prime Minister Alexis Tsipras has captured the broad popular support of Greek society as the country faces an asymmetric struggle to negotiate a restructuring of Athens’ debts and a reversal of austerity policies attached to a previous €240 billion bailout agreement, which Germany and the European Central Bank (ECB) remain inflexibly opposed to.

Read the full story on New Eastern Outlook

Nile Bowie is a columnist with Russia Today, and a research affiliate with the International Movement for a Just World (JUST), an NGO based in Kuala Lumpur, Malaysia. He can be reached at nilebowie@gmail.com.

First appeared:http://journal-neo.org/2015/04/03/german-intransigence-raises-spectre-for-grexit/