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Rawnsley, Andrew
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2 articles of this author have been cited in the European Press Review so far.
The powerlessness of the most powerful
US President Barack Obama is the most powerful person in the world according to this year's list compiled by US business magazine Forbes, followed by Russian Prime Minister Vladimir Putin and Chinese President Hu Jintao. But the current crisis reveals just how powerless they all are, writes the left-liberal daily The Guardian with an eye to the G20 summit in Cannes: "The G20 proved that its leaders are strong in only one sense. Each is powerful enough to veto another's idea of how to extricate themselves from the crisis. China said no to the French cry for help. Germany resisted everyone else's pleas to empower the European Central Bank. America was cool to Britain's urgings to make the IMF the saviour of the situation. The result is that we have lurched closer to the absolute catastrophe of a wave of sovereign defaults in the eurozone."
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More from the press review on the subject » International Relations, » Economic Policy, » Politics, » Europe, » Global
The mood will soon change
The negative mood against US President Barack Obama will not hold out on the long term, writes the left-liberal Sunday paper The Observer with an eye to the manoeuvrings of the Tea Partyists: "Midterm, the prognosis does not look at all good for Obama and his party. In the longer term, the outlook is more encouraging. The Tea Partyists are destroying moderate Republicans or forcing Republicans previously considered to be centrists - John McCain is the best known example - to move to the right in order to save their skins. The Republicans will ultimately suffer from being dragged further away from the centre. The economy will not stay this way forever. All bets are off in the event of a double-dip, but if a reasonable level of prosperity has returned by the time the next presidential election is held, Americans will be feeling better about themselves. That will put them in more of a mood to appreciate a generally impressive president whom the world regards as a credit to their country."
» full article (external link, English)
More from the press review on the subject » Domestic Policy, » Elections, » U.S.
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