While I was tearing about on Friday (22/3/13) two rather important things happened.
Firstly the Cypriot Parliament agreed a new plan to secure a European
Union (EU) bailout. Basically rather then seizing 10% of all savings
accounts in the country they will now seize 20% of all savings accounts
worth more then E100,000. This is a transparent attempt to keep Cypriot
voters happy while piling extra pressure on Russia over Syria. Cyprus
will now have to go back to the EU to see if they approve of the plan.
If I was making that decision I would be very tempted to refuse Cyprus a
bailout. After all if Cyprus are still desperate to do the UK's bidding
against the EU perhaps they should enquire as to how large a bailout
the UK is offering. But then I have always been something of a hot-head.
Also on Friday apparently US President Barack Obama forced Israeli Prime
Minister Benjamin Netanyahu to telephone the Turkish Prime Minister
Recap Tayyip Erdogan to apologise for the 2010 Israeli commando raid on
the Mavi Marmara in which 8 Turkish nationals were killed. Coming just
as Obama was leaving Israel for Jordan the US were keen for this to be
seen as Obama getting tough with Netanyahu. However the call has a more
worrying subtext. It appeared to be the US admitting to Israel that they
have made such a mess in Syria the US is no longer able to guarantee
Israel's safety so Israel had better improve relations with Turkey.
Apart from trying to win friends in Jordan the news that the US will
increase funding for Syrian refugees in Jordan seemed to be an attempt
to reassure Israel that while the US is unable to provide diplomatic
support they will continue to pay for everything.
Personally I think Obama was wasting his time on the Mavi Marmara issue.
After all while Erdogan has to demand that Israel apologises and
Netanyahu equally has to refuse to apologise I think both nations have
really moved past the incident. That's because all involved understand
that Israel would have been well within it's rights to sink the Mavi
Marmara killing all on board. So while it was hardly the Israeli
military's finest hour even with 9 dead the commando raid was still the
least worst option.
Finally on Friday the rebel alliance (Seleka) formally launched a large
military offensive against the government in the Central African
Republic (CAR). Attacking on two fronts by Saturday they had arrived in
the capital Bagui. According to some reports today Seleka have succeeded
in capturing the Presidential palace although the status of the
President Francois Bozize remains unknown. This massively increases the
pressure on Chad who are currently trying to keep the peace in CAR while
fighting the Islamists in Mali. It also increases the pressure on the
Democratic Republic of Congo (DRC). That's because if anything the
surrender of Bosco Ntangda has only complicated the conflict between the
DRC government and the March 23rd (M23) rebels while the links between
M23 and Seleka means that the DRC could soon find itself under attack
from both Rwanda in the east and CAR in the north.
Also I should point out I've not yet watched today's Formula 1 Grand
Prix from Malaysia. However I gather the big story was Red Bull's
Sebastian Vettel ignoring team orders to over take his team mate Mark
Webber in order to win. So a bit argument about people trying to jump
their place in the queue then.
(Originally Posted) 12:25 on 24/3/13.
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