Analysis


Gaza situation worsening
After 10 days of incessant Israeli air strikes and two days of ground fighting, the humanitarian situation in the Gaza Strip is quickly worsening according to residents. Residents of Gaza City, who have been without electricity for days, say they have only small amounts of drinking water. With even candles now a scarce commodity, Gaza City residents sit in the dark...

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Nothing looks easy for Obama
Nobody said this was going to be easy. From his suite at the historic Hay-Adams Hotel, US President-elect Barack Obama is watching problems pile up as he prepares to take power in 15 days. A plan to spend up to $1 trillion to stimulate the sagging US economy will not be ready for Obama to sign as soon as he takes office on January 20. Instead, negotiations could stretch...

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Location boosts Ukraine’s hand in gas dispute
Ukraine, wedged between the European Union and Russia, is determined to use its geographic location to full advantage as
the stakes rise ever higher in the gas standoff with its mighty neighbour. Although Ukraine is burdened by economic crisis and political turmoil, Russia simply cannot ignore the country’s position on key east-west energy supply routes and possession...

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Serbia struggles to root out copyright piracy
At makeshift stalls in underground passages, peddlers hawk copied films, music and software from briefcases, ready to make a hasty getaway in Serbia’s crackdown on rampant copyright piracy. “Yes, police come sometimes,” said one 25-year-old student selling illegally produced CDs and DVDs in the capital Belgrade, identifying himself only as Marko.

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Woes of Aso
Unpopular, saddled with a deepening recession and plagued by an emboldened opposition, Japanese Prime Minister Taro Aso could be leading the long-ruling Liberal Democrats to defeat in elections due this year. Below are some scenarios for how the political story could play out over coming months.

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Rate cut pressure
European inflation plunged to its lowest level in more than two years in December, data released yesterday showed, adding to the pressure on the European Central Bank to continue cutting interest rates. Preliminary data released by the European Union’s statistics office Eurostat showed annual inflation in what was then the 15-member eurozone dropped from 2.1% in November...

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