Seven months after Serbia sidestepped International Monetary Fund support by selling foreign-currency bonds, the looming reduction in U.S. stimulus is driving sentiment lower and the nation back into IMF talks.
The passage of a United Nations Security Council resolution to dismantle Syria’s chemical weapons stockpile is a major victory for U.S. diplomacy. It came about by implementing some of the major lessons of the post-Cold War decades -- the importance of force to back up diplomacy and a willingness to use force outside the UN context. Now President Barack Obama must use these lessons in the endgame. But he must also apply a third lesson: keeping the world’s attention on the much more important, and harder, task of ending the civil war.
Former Defense Secretary William S. Cohen said yesterday in an interview on Bloomberg Television’s “Political Capital with Al Hunt,” airing this weekend, that President Barack Obama must contend with two losing scenarios in evaluating his options for any U.S. military strike against Syria for its use of chemical weapons.
Ljubica Mladic, a 76-year-old pensioner, says Serbia should join the European Union. Ljubica Rovic, an unemployed wallpaper hanger, says it shouldn’t. Mladic favors capital from abroad; Rovic wants foreign banks to leave.
Serbian political leaders averted early elections after the country’s largest party agreed to the prime minister’s cabinet shuffle that led to the ouster of a junior partner and shaved the government’s majority to one seat.
In the spring of 1992, at the beginning of the siege of Sarajevo, an exchange between General Ratko Mladic and a Serb artillery colonel commanding positions above the city was intercepted and recorded. "Fire on Velesici and Pofalici," General Mladic ordered, referring to two Sarajevo neighborhoods. "There aren’t many Serbs there." A certain glee in his voice is audible as he refines his order: "Don’t let them sleep. Make them lose their minds."
Leaders of Serbia’s ruling coalition will continue discussions today whether the finance minister and his party will stay in the year-old government as part of Prime Minister Ivica Dacic’s cabinet shuffle.
Serbia is in talks with Lazar Krstic, an associate at McKinsey & Co., to be the Balkan country’s next finance minister, the second time the government has tapped the New York-based consultancy to fill key posts.