ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Federal Elections in Germany

The Social Democratic Party, the Greens, and the liberal Freedom Democratic Party—who form the new German government—might discontinue a political cycle, which has lasted for almost four decades, now faced with far-reaching ecological, economic, and social transformations. It remains to be seen what is to be expected.

Germany’s Apology to Namibia

Tracing the genesis of Germany’s apology for genocide in Namibia, this article situates Germany in the context of colonialism and racism in Africa. It contends that Germany is morally guilty of violating human rights but is legally not bound to pay reparations to Namibia. In order to promote humanitarian international law, institutions like the United Nations need to initiate measures to compensate the victims of genocide.

Is Brexit Moment a Lehman Moment?

The Lehman moment is the moment when Lehman Brothers—one of the largest investment banks in the United States (US) at the time—collapsed. The collapse happened on 15 September 2008. Almost nobody disagrees that the Lehman moment has been the most important moment in the ongoing global financial...

Elections in Germany and Brazil

The elections in the Federal Republic of Germany that witnessed the victory of social democracy and the Greens and in Brazil where a Workers' Party registered a landslide victory are significant in many ways. Most importantly, they have both set in motion a polarisation of class forces having in their own different way. Brazil has repudiated the Free Trade of Americas and unequivocally condemned US policy on Iraq, as has Germany.

Russia vs Paris Club:Default on Debt Repayment

Russia, in the beginning of 2001, finds itself in danger of defaulting on its debt repayments to the Paris Club. One opinion believes that the Russian economy is in dire straits and in no position to repay. On the contrary, the west - including Russia's main creditor, Germany and other influential economists and rating agencies believe that the issue has been mismanaged by the Russian authorities. Not only is there lack of coordination among different branches of the Russian government, it has also been unable to contain capital flight and money laundering of funds that are desperately needed for ecnomic development.
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