Weekly Analyses- 4/2008
Zimbabwe: Presidential elections called for in March- United States: the Congress approves George W. Bush's economic plan- Thailand: Samak Sundaravej is the new Prime Minister- Russia: agreements with Bulgaria and Serbia and Moscow's projection onto the Adriatic- Palestine: tensions increase at Gaza
Equilibri.net (28 January 2008)
Zimbabwe: Presidential elections called for in March
The umpteenth arrest of leaders from the Movement for democratic change, immediately released, the Government's ban on the protests of January 23rd and the disbanding of police forces, show, according to the opposition, not only a lack of concrete involvement by President Mugabe to ensure the carrying out of free and democratic elections, but also the clear failure of South African mediation led by Thabo Mbeki. The MDC now threatens to intensify its protests throughout the country, ignoring the revision of the electorate lists, major political openings (primarily, a new Constitution) and the creation of an independent electoral commission.
In a country characterized by deep political, economic and social crises, the unilateral imposition of the date for the elections may lead to new clashes and tensions, both on a national level, between the opposition and the governing party, but also between members of the more moderate ZANU-PF and on a regional level, with the SADC nullifying its own mediation efforts. Therefore, the opposition's abstention in the presidential elections on March 29th seems likely, as has been announced by various members, making regional or international intervention, in favour of better relations and negotiations, seem ever more necessary.
Massimo Corsini
United States: the Congress approves George W. Bush's economic plan
President Bush's initiative was then applied to decisions made by Congress in terms of the extension of funds by a total of $28bn to American families, numbering almost 35 million, who hadn't been included in the original plan drawn up by the White House. Both Bush and Democratic and Republican representatives in Congress are said to be sure about the reduction of taxes and the plan for reimbursements, voted for in recent weeks. These should result in the re-launching of an economy plagued by the collapse of the housing market, credit crises and a growth in the price of petroleum. In a declaration released following Congress' vote in favour, George W. Bush attempted to explain that the plan launched, by virtue of being robust and efficient, will be temporary because the US economy is maintained on solid grounds. The White House's decision to present a plan to aid the economy was reached following the cut in interest rates willed for by the Federal Reserve Bank (-0.75%), which has decided to increase fed funds up to 3.50%. Since winter 2001 such a drastic decision hasn't been made by the Federal Reserve and the possibility of a recession in the US economy seems to be ever more likely, above all if the plan of fiscal incentives willed forward by Bush doesn't lead to the results hoped for, and rapidly.
According to many analysts, the crisis in the American economy could reveal itself to be much further reaching than has been predicted and many see the current US difficulty as being similar to the crisis in Japan in 1989, which also started with the housing market.Differently from the Japanese Government, the Bush Administration has decided to intervene by lowering the taxes to 1%: the use of this means of fiscal policy could result in a winning solution, capable of containing the crises and putting the American economy back into motion in a brief period of time.
Simone Comi
Thailand: Samak Sundaravej is the new Prime Minister
Desk Asia
Russia: agreements with Bulgaria and Serbia and Moscow's projection onto the Adriatic
In exchange, the Russian strategy, to ask for control over internal distribution networks, in order to complete the entire extraction-distribution cycle to clients, has been agreed to. In the case of Serbia, where the presence of Russian businesses is noteworthy (thanks to the support provided to Belgrade against independence for Kosovo), Gazprom, via its control over Gazprom Neft, has acquired 51% of NIS, the national monopoly on petroleum. In Bulgaria, attempts have revealed themselves to be more complex: Russia had to answer to the “uncomfortable” requests of the Bulgarians, who initially asked to take a 51% share over control of the “Bulgarian” portion of South Stream: in the final agreement, Russia agreed to grant it 50%, setting a precedent which will allow other transit countries to ask for shares equal to this.
Moscow's display certainly worries Europe, essentially for two reasons: firstly, consenting to the construction of South Stream, automatically, Bulgaria shows itself to be less prepared to consent to the realization of Nabucco, the Euro-American pipeline project, rivalling the Russian alternative. Secondly, Russia's influence in the Balkans is reinforced, particularly over Serbia, pushing it to reacquire the Mediterranean projection which it lost after the fall of the USSR. Therefore, Moscow moves towards Old Europe, which is particularly alarmed by a seemingly unstoppable partner. That which causes alarm is the USA's silence, which after a period of contention over anti-ballistic shielding, seems to be absorbed by the elections and Iraqi events.
Alberto Strazzer
Palestine: tensions increase at Gaza
The implications of this action could be prolonged into the medium to long term, in so much as the population in the poached Egyptian territory isn't likely to cross the border of the Strip again. Jerusalem is concerned about infiltration by soldiers from Hamas and the Islamic Jihad into areas outside the poached territory. These infiltrations could condition a reorganization of the Palestinian movements which control the Strip. It is likely that a flow of arms has found its way and continues to find its way into Gaza, so that militants are able to look for support in Egypt to re-organize itself, since the moment in which the movement appeared to be very damaged by Israeli restrictions. The same Egyptian Muslim Brothers showed their solidarity to Hamas and the population of Gaza Strip. At the polical level, Jerusalem harshly criticised Mubarak's permissive conduct, pushed by more than humanitarian considerations (also fearing the violent reaction of the Egyptian brotherhood) which makes political calculations. However, in the long term, Cairo seems to be too tied by the economic and military help of the USA to allow it to fall out of favour with Israel and the West.
The forceful action of militants may also lead to a strategy aimed at dispersing the efforts of the Israeli Army, in a seemingly crucial moment in which the Minister of Defence, Barak would be thinking about deeply infiltrating the Strip (with the approval of Washington), with the objective of re-delivering it to the Forces of Fatah, the only Palestinian reality with which Jerusalem has manifested its willingness for dialogue. However, the moment doesn't seem favourable for such action, in the sense that Fatah couldn't make available enough means or men to take control of the Strip in terms of security.
Stefano Torelli
Translation by Megan Ball



