Tuesday 6 May 2008

The Global Week Ahead: 05.05.2008 - 12.05.2008

1) China-Japan: President Hu Jintao visists Japan
What ? Chinese state visits to Japan have always had a historic character. Notwithstanding the differences in size of the countries, it can be compared to German-French state visits. It is about two fierce enemies seeing eye to eye again. It is Hu Jintao’s first foreign visit since the start of Tibetan protests.
When?
Tuesday 6th of May 2008.
Who? Hu Jintao meets Yassuo Fukuda.
What to watch out for ? North Korea will be on the Agenda, Tibetan monks demonstration, comments on the territorial over the East China Sea gas field.
Geopolitical significance
? Beijing wants to stabilize its foreign policy ahead of the Olympic games. Japan has different priorities, however, including North Korea, protection and expansion of its business interests in China, and a permanent seat at the UN.

2) Russia: Twin-headed state
What ? Medvedev is sworn in. He is the first Russian Head of State since the Soviet Union’s collapse that is not from the Communist Party, nor from the security services is sworn in
When? Wednesday 7th of May 2008.
Who? Dimitri Medvedev, Vladimir Putin.
What to watch out for: When presidents change in Russia they usually like to take their country to war to establish their nationalist credentials. Yeltsin did it before and after his re-election. Putin did it after his elections. What about Medvedev? A war could easily be started in Georgia.
On the other hand, Medvedev represents fresh liberal blood. The tone in foreign affairs could change dramatically…for the best.

Geopolitical significance:
EU gas supplies, Caucasus stability, Turkey’s stability.

3) Israel 60th Anniversary
What ? Israel will celebrate its 60th Birthday. For most Arab countries this will be a painful day. For the likes of Hezbollah, Iran, Al Qaeda, and Hamas, it will be unbearable to look at Israel celebrate its existence. By the same token, it will be very tempting to strike the Jewish state.
When? Hebrew Calendar, 8th of May 2008, Roman Calendar 14th of May 2008
Who? Hezbollah, Syria, Iran, Hamas, Al Qaeda.
What to watch out for: Big headline attacks that could lead to a Middle East war, the presence or the absence of the strategic allies during the celebrations. President G.W. Bush has announced himself, but a last minute cancellation is not excluded.
Geopolitical significance:
Oil prices would go through the roof. Lebanon could disintegrate into civil war. The Assad regime could be wiped away. Iran could be attacked.

4) Serbia at a crossroad
What?
Serbia holds parliamentary and local elections.
When? Sunday the 11th of May 2008.
Who? DSS (Kostunica), DS (Tadic, president), Nikolic (Radicals)
What to watch out for? Any signals from the Commission on Slovakia joining the Eurozone.
Geopolitical significance: Slovakia is now first in line to join the Euro. The country has met all the eurozone criteria. A decision to delay Slovakia’s entry would therefore be entirely political and thus damaging for the efforts of other newly joined member states. A spat on slovakia would deepen the New vs Old Europe divide.

5) Eurozone: l’auto-critique
What?
The EC will present an overview of the eurozone as it approaches its tenth anniversary. The report coincides with the commission’s public assessment of the euro candidates..
When? Week of the 5th of May 2008.
Who? European Commission, Belgian Prosecutor general.
What to watch out for? Any signs that Slovakia will join the Eurozone.
Geopolitical significance: Slovakia is now first in line to join the Euro. The country has met all the eurozone criteria. A decision to delay Slovakia’s entry would therefore be entirely political and thus damaging for the efforts of other newly joined member states.

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