GIS* statement by Prince Michael of Liechtenstein
The leaders of the G7, an informal bloc of industrialized democracies consisting of the United States, Canada, France, Germany, Italy, Japan and the United Kingdom, met last week in Ise-Shima, Japan. In their joint declaration, the seven heads of government, among other things, confirmed their commitment to Iraq’s unity and territorial integrity, pledging $3.6 billion to this task.
For those who have been paying attention, it is already clear that the decision to create Iraq – taken by Britain and France after the Ottoman Empire collapsed – was a disaster. An artificial nation state was imposed on diverse ethnic and religious groups.
It is equally obvious that democracy cannot function in a multiethnic state – no matter how much the U.S. tried after the fall of Saddam Hussein – if the strongest ethnic group dominates the central government.
The solution should have been either a far-reaching federalization or the dissolution of the country into new nation states. The G7’s decision shows that it is still committed to a failed structure and determined to prolong Iraq’s agony with money.
Also meeting last week were the European Union finance ministers in Brussels. This time the recipient was Greece, which got 10.3 billion euros in bailout money.
… Continue reading -> GIS Statement
*GIS is a global intelligence service providing independent, analytical, fact-based reports from a team of experts around the world. We also provide bespoke geopolitical consultancy services to businesses to support their international investment decisions. Our clients have access to expert insights in the fields of geopolitics, economics, defence, security and energy. Our experts provide scenarios on significant geopolitical events and trends. They use their knowledge to analyse the big picture and provide valuable recommendations of what is likely to happen next, in a way which informs long-term decision-making. Our experts play active roles in top universities, think-tanks, intelligence services, business and as government advisors. They have a unique blend of backgrounds and experience to deliver the narrative and understanding of global developments. They will help you develop a complete understanding of international affairs because they identify the key players, their motivations and what really matters in a changing world. Our experts examine the challenges and opportunities in economies old and new, identify emerging politicians and analyse and appraise new threats in a fast-changing world. They offer new ideas, fresh perspectives and rigorous study.