Bosnia Economy – FK Leotar Wed, 16 Nov 2022 10:30:10 +0000 en-US hourly 1 Bosnia Economy – FK Leotar 32 32 CBBH and IMF cooperate to find better prospects for the future of BH’s economy Wed, 16 Nov 2022 10:30:10 +0000

The International Monetary Fund (IMF) report “Regional Economic Outlook for Europe”, which includes the latest developments, projections and risks for the future outlook in Europe and BiH, was presented at the premises of the Central Bank of Bosnia -Herzegovina (CBBH) on November 09, 2022.

In the introduction, CBBH Governor Senad Softić emphasized good cooperation with the IMF and readiness to participate in all joint efforts to find better prospects for the future of BH economy.

In order to support the economy and the citizens of Bosnia and Herzegovina, the CBBH, according to its authorities, has taken and will continue to take appropriate measures in accordance with the decisions of the European Central Bank (ECB). It is important to underline the coordinated work of the entities’ bank branches. I believe that commercial banks will contribute through appropriate lending policies, including interest policies and banking service policies,” Governor Softić said.

IMF Resident Representative in Bosnia and Herzegovina, Andrew Jewell, commented on Bosnia and Herzegovina’s economic outlook, stating that “Bosnia and Herzegovina faces significant challenges related to high food and fuel prices and stricter financial conditions. A major challenge for policy makers will be to better target budget support to vulnerable people in order to mitigate the impact of the cost of living crisis while minimizing budgetary pressures. Mr. Jewell also stressed that financial sector stakeholders in Bosnia and Herzegovina need to be prepared for the impact of rising interest rates on borrowers and lenders.

Following the presentation of the report’s findings, Gabriel Di Bella, Deputy Division Chief in the Emerging Economies Unit of the European Department of the IMF, Belma Čolaković, Ph.D., Head of the Office of the Chief Economist of the CBBH , and economic analysts Svetlana Cenić and Faruk Hadžić, among others, participated in the discussion.

Military expert: The Ukrainian Resistance has stopped the RS plans! Sun, 13 Nov 2022 13:15:49 +0000

After two years of filibuster, race to the agenda and postponements, the Council of Ministers from Bosnia and Herzegovina (BiH) adopted the NATO Membership Action Plan reform programs for 2021 and 2022 at its last session.

State of mind

Military Expert and Professor Berko Zevsevivs says that this is a good thing because of the continuity, the creation of preconditions for closer cooperation with NATO through training, education, adjustment of resources and modes of functioning of the BiH Armed Forces and the BiH Ministry of Defence, but that the adopted documents do not prejudge admission to NATO.

On the other hand, it shows nonsense, because when you make a program of defense reforms, then it implies that you adopt what you plan to do in the following period. Nowhere in the world does it happen that you adopt programs for two years that have already passed, but it is BiH and that shows the mental structure of the Council of Ministers, the people behind the Council of Ministers, the commission preparing this document, but also the Ministry of Defense as a whole,” ToldZecevic.

The fact that the ministers of the Republika Srpska (RS) also voted for the proposals does not mean that there has been a change of attitude in the smallest entity in Bosnia and Herzegovina, adds Zevsevivs.

nine months of war

Zevsevivs says that since the beginning of the aggression, Russia has not achieved a single goal, to replace the government in Ukraine. By occupying much of the country and establishing a new, more defensible and continuing front line, Moscow has largely achieved its war plan.

The whole world

He adds that at some point a truce will have to be signed, that Ukraine will not accept the occupation of its territories, but that Russia will not care, therefore the sanctions against Moscow and all the economic consequences felt by the whole world will last for years.

When asked if BiH could have used the global situation to solve his own security problems, Zevsevivs said that there was no one to do it and that right now we have to make sure that we stabilize the economy so that the existence of citizens is not threatened.

Why don’t they love their country

Internal changes will be achieved by strengthening the Federation of BiH (FBiH) and pro-Bosnians in BiH and by motivating the population so that at least 20% of the population participates in the next elections and initiates changes at the local level.

That in two years the results adjustment system will be eliminated, that we will have new forces with a clearer attitude towards corruption, security, equality of people, the strengthening of infrastructures, health… And when all this will be strengthened, then overall security will also be greatly increased, and the forces opposing BiH will be significantly weakened. They do not want do it, the forces that want to overthrow BiH are corrupt. You shouldn’t convince someone to think like you, that’s one of the biggest problems so far, you can’t touch an individual’s integrity. those who love the country of BiH should continue to love it, nobody should be forced to do it, but these people should ask themselves how it is possible that those who were born in this country do not love their country. There is no answer to this because it is one of the few cases in the world“, stressD Berko Zevsevivs.

NATO in Madrid, BiHMoldova and Georgia, as well as Montenegro, despite being officially part of NATO, have been flagged as potential crisis points, Avaz reports.


On November 11, the world remembers the armistice | News, Sports, Jobs Tue, 08 Nov 2022 08:05:40 +0000

MTU Archives Veteran soldiers of the Great War parade in a welcome parade in Houghton, in this undated photograph from the Reeder Collection of the MTU Archives.

It was the war to end all wars; it was the Great War; in 1941, with the Japanese attack on the US naval base at Pearl Harbor, it became known as World War I.

But while World War II was, by comparison, worse than World War I, the Great War marked a change in world history and in the way the world was governed.

It ended the era of monarchies.

It also ended 20 million lives. The extensive use of toxic gases, such as chlorine, mustard gas, bromine and phosgene, has so saturated the earth that in parts of France and Belgium human habitation is impossible even to this day. The First World War destroyed lives, cities and nations, redrew the national borders of Europe and, in the end, solved very little except to prepare the ground for the Second World War. world.

One of the causes of the war was the assassination on June 28, 1914 of Archduke Franz Ferdinand of Austria, heir apparent to the Austro-Hungarian throne, and his wife, Sophie, Duchess of Hohenberg. The goal of the assassination was to liberate Bosnia and Herzegovina from Austro-Hungarian rule and establish a South Slavic community (“Yugoslavian”) State. Gravilo Princip, a young Serbian nationalist, shot Ferdinand and his wife at close range as they drove through Sarajevo, the provincial capital of Bosnia and Herzegovina, which had been annexed by Austria-Hungary and Ferdinand’s uncle, Austro-Hungarian Emperor Franz Joseph in 1908. .

As the National WWI Museum and Memorial pointed out, when World War I began in August 1914, few expected the conflict to last beyond Christmas. In fact, Austria-Hungary’s declaration of war against Serbia on July 28, 1914 surprised most of Europe. The Archduke was not what one would consider worthy of starting a war. The Austrian declaration of war provoked a declaration of war on Austria by Russia; Germany felt compelled to declare war on Russia, which caused Germany and France to go to war. Germany decided to invade France via neutral Belgium, prompting Britain to declare it was over Germany, and within five weeks after Princip had shot Ferdinand, all of Europe was at war.

The conflict, which had already spread beyond Europe, included large movements of imperial colonies in Africa and Asia. As it progressed, other independent nations like Bulgaria, Romania, Italy, the Ottoman Empire, China, and Japan joined the fighting. The United States became officially involved in April 1917. The fall of that year saw the Allies launch an offensive against Germany along Franco-German lines, which involved over a million American troops. It was not until 1918 that the end of the war would be in sight. In October of that year, an armistice between the Ottoman Empire and the Allies ended fighting in the Middle East. A few days later, the disintegrating Austro-Hungarian Empire signed an armistice with Italy.

Germany, betrayed by Austria, was forced to request an armistice in the fall of 1918, which came into effect on the 11th hour of the 11th day of the 11th month.

The armistice was recognized by the US Congress in 1926, although other nations have long celebrated it as Memorial Day or Armistice Day. However, it wasn’t until 1938 that Congress declared it a holiday, except to honor veterans of the Great War.

After World War II and the Korean War, veterans service organizations urged Congress to change the day to honor American veterans of all wars. On June 1, 1954, Armistice Day became Veterans Day. indicates that for a while the date of Veterans Day was also changed,“and that confused everyone.”

Congress signed the Uniform Holiday Bill in 1968 to ensure that a few federal holidays – including Veterans Day – would be observed on a Monday. Officials hoped it would boost travel and other family activities over a long weekend, which would boost the economy, the History website says.

For some inexplicable reason, the bill fixed Veterans Day commemorations on the fourth Monday in October.

While the first Veterans Day (without an apostrophe) was first observed under the new bill on October 25, 1971, many states were unhappy with the date change and continued to celebrate the holiday. in November.

Within a few years, it became apparent that most American citizens wanted to celebrate Veterans Day on November 11, as it was a matter of historical and patriotic significance. So on September 20, 1975, President Gerald Ford signed another law (Public Law 94-97), which returned annual observance to its original date from 1978.

World War I was a multinational effort; it makes sense that the Allies also wanted to celebrate their veterans on 11 November. The name of the day and the types of commemorations differ however.

Canada and Australia, for example, both call November 11 “Remembrance Day.” Canada’s observance is much like that of the United States, except that many of its citizens wear red poppy flowers to honor their war dead. In Australia, the day is more akin to American Memorial Day.

Britain calls it “Remembrance Day,” too, but observes it on the Sunday closest to November 11 with parades, services and a two-minute silence in London to honor those who have lost their lives in war.

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Russia exposes Germany’s weakness | Washington Examiner Fri, 04 Nov 2022 10:45:00 +0000

gGermany has given up any aspiration to a leadership role in Europe. Its inadequate response to Russia’s attack on Ukraine has exposed Berlin more as an obstacle to European security than a defender. German policy is also hypocritical in preaching the fight against corruption to Balkan states seeking to join the European Union while allowing massive Russian penetration of its economy and political system.

Germany emerged as the economic powerhouse of Europe on the basis of the US Marshall Plan, which launched massive reconstruction from the ruins of World War II. The US military umbrella allowed Germany to focus on economic development and neglect any effective responsibility for European security. The end of the Cold War was naively seen in Berlin as the end of division so that business could be pursued with a supposedly democratizing Russia, regardless of European interests and values.


Successive German governments opened the country to Russian state influence, which penetrated all major political parties, national institutions, banks, businesses and energy companies. The results of this massive Russian corruption were visible in energy projects such as the Nord Stream pipelines and the laundering of billions of dirty Russian money through German banks. The results of Moscow’s penetration of German foreign policy have been evident since the launch of its protracted war against Ukraine.

Berlin has been reluctant to send arms to Kyiv, allegedly fearing it will provoke Moscow and escalate the conflict. The only party that has learned practical lessons from Germany’s own imperial history is the Greens, who argue that a genocidal regime must be stopped by military force as soon as possible. After months of pressure from its own public and its NATO partners, Berlin finally began supplying Kyiv with desperately needed air defense systems, multiple rocket launchers and self-propelled howitzers.

Yet Berlin has also been reluctant to impose harsh economic sanctions on Moscow. Again, he fears the impact on his own economy rather than taking the strategic heights. Germany is also slow to provide economic support to Ukraine. A recent G7 conference in Berlin devoted to Ukraine lacked concrete promise for post-war reconstruction, and a proposed new Marshall Plan seems a distant prospect largely due to German reluctance. Washington believes that the European Union should take the economic lead just as the United States took the military lead in helping Kyiv. Unfortunately, Germany’s aid to Ukraine as a percentage of its gross domestic product pales in comparison to its poorer eastern neighbors. Poland and Lithuania pledged nearly half a percentage point of their GDP to Ukraine, while Estonia and Latvia pledged almost 1 percentage point. By comparison, Berlin’s liabilities amount to a pitiful 0.085% of its GDP.

Germany’s failures in Ukraine are reflected in its shortcomings in the Western Balkans. Berlin’s top international representative in Bosnia and Herzegovina, Christian Schmidt, recently signed into law controversial reforms for seats in the Bosnian-Croatian entity parliament that will strengthen nationalist parties, deepen ethnic divisions, encourage separatism and risk leading to to armed conflicts.

Berlin is also at the forefront of EU efforts to strike a mutual recognition agreement between Serbia and Kosovo. However, it continues to tolerate the destabilizing policies of the pro-Kremlin Serbian government of Aleksandar Vucic, which intends to undermine the integrity of Kosovo, Bosnia and Montenegro. An ongoing Franco-German plan to reach an agreement between Serbia and Kosovo has no enforcement mechanism and little hope of success. Unless Berlin, together with its European partners, imposes deadlines and consequences for the rejection of a bilateral settlement, the plan will result in another German strategic failure in European security management.


Janusz Bugajski is a senior fellow at the Jamestown Foundation in Washington, DC His new book, Failed State: A Guide to Russia’s Rupturejust published.

Ambassador Murphy: BiH cyber security is inadequate, if not improved attacks will be worse Tue, 01 Nov 2022 14:30:01 +0000

youdenied Sstates (United States) Ambassador to Bosnia and Herzegovina (BiH) Michael J. Murphy addressed the public in Bosnia and Herzegovina, highlighting what all state institutions, as well as individuals, can do to help improve the cybersecurity of the state and its critical infrastructure.

“Each October, as Cyber ​​Security Awareness Month, let us remember that without a secure cyber environment, even the best-designed technologies, digital solutions and software are at risk. As we we have seen in the region, including here in Bosnia and Herzegovina, ensuring cyber resilience and closing cyber security gaps are ccrucial for the safety and success of any country. Cyber ​​​​attacks against the Parliament of Bosnia and Herzegovina and the Central Election Commission (CEC) last month has highlighted the danger of this nature for Bosnia and Herzegovina. Now that the elections are over, it is time for officials at all levels of government to put aside the politics of obstruction and division and do the job the voters elected them to do. And that includes protecting the country from cyber attacks”, it was mentioned in Message from Murphy.

He underline that there are several steps the authorities can take immediately to improve BiH’s defense against cyberattacks.

“They understand: firstlilythe adoption of a framework strategy for cyber BiH security. Secondlilythe appointment of a contact person responsible for cyber country’s security policy. Thirdlily, the adoption of a law to ensure the security of information. And fourth thing, the implementation of existing decisions of the Council of Ministers for the establishment of a strong network of computer incident response teams. Most importantly, BiH leaders must allocate the necessary resources to create an open, trusted, and secure cyber environment in which businesses, institutions, and citizens are protected from malicious actors. You all have an important role to play,” said United States ambassador.

He stressed that officials need to familiarize themselves with the issues facing all citizens as the country’s cybersecurity infrastructure is inadequate and there is a need to lobby among them to work to improve the situation.

“Your expertise is crucial when designing and implementing digital, IT and cyber solutions. security solutions. If cybersecurity in BiH is not improved, the country will be vulnerable and prone to even worse disruptive attacks in the future. We wish you all success, whether it’s a start-up, an established technology solutions provider, an engineer creating the next generation of IT solutions or an academic working on policy. digital. Your success requires governments to take a holistic approach to cyber Security. This is the foundation of the digital economy, and without a solid foundation, all structures, including the economy, collapse,” the Ambassador stressed.

He said that the U.S. The Embassy in BiH is ready to be a partner and help BiH achieve the set goals.

“We will also continue to advocate for the use of trusted vendors who will form clean networks to protect critical infrastructure and implement digital solutions,” he said. concluded, reports


The longest Alpine Coaster in Bosnia and Herzegovina will be built next year? Sat, 29 Oct 2022 11:30:52 +0000

The cantonal authorities of Sarajevo have announced that from next year there will be an alpine roller coaster and many other summer activities on Bjelasnica. It was pointed out that it will be the longest alpine roller coaster in the country.

It is a project that would be carried out jointly by the company ZOI’84, the Tourist Office, Sarajevo-forests (Sarajevo sume) and the Forestry Administration of the Ministry of Economy, as the first which would involve the joint participation of public companies in the implementation, with the profits being shared between ZOI’84 and Tourist Badvice.

The president of the Tourist Office, Kenan Magoda, underlinethat the idea is to get out of the established commercial framework of public companies, to take a step forward in business and to make your own income profitable.

“We have the idea to follow the example of other mountains to use the natural potential, location and position of Bjelasnica and with the company ZOI’84 and other companies in our department to create a tourist attraction that would provide rich tourist content and income for both ZOI’84 and the tourist Plank during the summer season,Told Magode.

The alpine coaster would span the route from the six-seater to Babin Do, with an intermediate station at reservoir two, for which atmospheric landscaping is planned with escort service and catering facilities such as a shop souvenirs, a café and a restaurant with a view of the city, children’s facilities and other recreational facilities. Due to this coverit would be the longest alpine roller coaster in Bosnia and Herzegovina (BiH)County Sarajevo (CS) The government announced.

According to the first unofficial estimates, the project is worth 2.5 million BAM, and the Tourist Office is ready to fully finance the amount. The start of construction is expected after the implementation of standard administrative procedures, and the estimate is that it could be in the middle of spring next year. Completion is scheduled for the start of the summer season next year, reports


Economists: Blast proposed Michels tax plan Thu, 27 Oct 2022 17:09:58 +0000

MILWAUKEE — A national team of more than two dozen economists lambasted Tim Michels’ proposed tax plan at a news conference in Milwaukee today.

“Do the flat tax math: moving from a graduated income tax to a common or “flat” tax rate requires EITHER lower taxes for the wealthy funded by higher taxes for the middle class OR a lower common flat tax rate and huge cuts for the public sector,” said Dr. William Holahan, professor emeritus of economics at the University of Wisconsin in Milwaukee. it is, Mr. Michels?Inquisitive voters want and deserve to know.

Dr. Holahan was joined by Luz Sosa from the Milwaukee Area Technical College School of Economics, Dr. Jeffrey Sommers from UWM and Dr. Michael Rosen, retired from MATC, at the event.

“The idea that cutting taxes on the wealthy leads to increased investment, job growth and prosperity has been proven demonstrably wrong for more than four decades, most recently in Kansas,” said the Dr. Sommers, Professor of Political Economy and Public Policy, Senior Fellow at the Institute of Global Affairs, University of Wisconsin-Milwaukee. “Michel’s flat-rate income tax will achieve the same results, a windfall for the wealthy and an increased tax burden for the middle class. Abkhazia, Bosnia and Herzegovina, Bulgaria, Belarus, Uzbekistan and Transnistria have tried flat taxes. Predictably, the wealthy got much richer, even as their economies stagnated.

“What a ‘flat tax’ does in Wisconsin is that the wealthiest residents of the state don’t pay taxes,” said Laura Dresser, associate director, Center on Wisconsin Strategy, University of Wisconsin-Madison. “The state does not need a policy that redistributes wealth along the income chain.”

Economists released an open letter about the plan, signed by more than two dozen economists across the country, and shared charts outlining the effect of the Michels tax plan. (attched.)

How much would it cost to rebuild Ukraine? Mon, 24 Oct 2022 10:34:00 +0000

Kviy: Exactly eight months to the day since Russian tanks first entered Ukraine, Moscow’s forces are stepping up their attacks on its neighbour’s energy infrastructure.

Russian shells and drones have also targeted Ukrainian cities for the first time in months, including the capital Kyiv, in retaliation for recent Ukrainian military gains.

As Moscow escalates the conflict, Germany will host two summits in Berlin this week aimed at helping Ukraine quickly rebuild critical infrastructure and ensure the country’s post-war recovery.

The first event on Monday will be a German-Ukrainian economic forum; while the second, on Tuesday, is the Ukraine Recovery Conference hosted by the German government in its role as the current holder of the rotating G7 presidency and European Commission.
Berlin insisted that Tuesday’s event is a summit of experts and not a conference of donors. Representatives of the main economic powers of the G7 and G20 are expected alongside international organizations, civil society and business leaders.

The war bill is increasing day by day
Meanwhile, the gigantic cost of Ukrainian support against Russian forces is multiplying day by day.

At least a third of existing loans and grants pledged by the rest of the world are used to fill a monthly shortfall of about 4 billion euros ($3.94 billion) in the Ukrainian government budget.

The European Union, along with the United States and other countries including Britain and Canada, have already jointly committed 93 billion euros in arms, loans and humanitarian aid to the Kyiv government. between February and early October, according to a count by the Kiel Institute. for the global economy.

With an estimated 30-35% contraction in gross domestic product this year alone, Ukraine is already struggling to pay for war, let alone its existing debt liabilities or its own reconstruction.

The vaunted new Marshall Plan
As Kyiv’s finances deteriorate, German Chancellor Olaf Scholz and European Commission President Ursula von der Leyen have proposed a Marshall Fund for Ukraine. The name refers to the multi-billion dollar program created by Washington after World War II to help rebuild Europe.

In a joint article for the Frankfurter Allgemeine Zeitung newspaper published on Monday, the pair said a “generational effort” to rebuild Ukraine must begin immediately.

“We need to start building destroyed residential buildings, schools, roads, bridges – infrastructure and energy supplies now so the country can get back on its feet quickly,” the two European leaders wrote.

“The shape of the reconstruction will determine which country Ukraine will be in the future. A constitutional state with strong institutions? An agile and modern economy? A vibrant democracy that belongs to Europe?”

In his video podcast on Saturday, Scholz said the international community should engage heavily in Ukraine’s reconstruction to “make it work well” and said countries should pledge financial support during “many, many years” or even “decades.”

Russian damage estimated at $750 billion
Ukrainian Prime Minister Denis Schmyhal told the Frankfurter Allgemeine Zeitung on Sunday that the damage caused by the Russian invasion had already reached “more than 750 billion dollars (762 billion euros)”.

In August, the World Bank, the European Commission and the Ukrainian government estimated the country’s total losses as of June 1 at more than $252 billion, with reconstruction and recovery needs estimated at $348.5 billion.

But that was before Russia escalated its conflict by targeting Ukrainian power plants and cities.

An op-ed in the Washington Post over the weekend estimated the bill could even reach $1 trillion.

Schmyhal called for the release of the $300 billion to $500 billion in Russian assets frozen by Western sanctions in retaliation for the outbreak of war, which could be used for reconstruction.

“We should develop a mechanism to seize Russian assets,” he urged.

Donor countries face the prospect of huge financial commitments to Kyiv as many grapple with their own high levels of debt, soaring inflation and slowing economic growth.

At the same time, they will seek Kyiv cast guarantees that the funds will be used for the intended purpose. After all, the group Transparency International ranked Ukraine as the third most corrupt European country after Russia and Azerbaijan.

The Washington Post op-ed detailed how hundreds of millions of dollars in foreign aid have been embezzled in recent years by Ukraine’s oligarchs, describing how the government has been complicit in allowing them to use Ukraine’s state-owned companies as vending machines. tickets.

The EU must address the shortfall in donations
Corruption fears may explain the EU’s reluctance to commit and distribute funds to the government in Kyiv so far, compared to the US, as noted by Ukraine Support Tracker Kiel.

“The United States is now committing almost twice as much as all EU countries and institutions combined,” wrote Christoph Trebesch, head of the team responsible for compiling the tally.

“This is a meager performance for major European countries, especially as many of their commitments arrive in Ukraine with long delays. The low volume of new commitments from the summer now appears to be continuing consistently. “

Guy Verhofstadt, an MEP from Belgium, also lambasted the EU’s response on Twitter last week, saying “Europe is slow to engage and even slower to keep,” calling the policy ” political amateurism and geopolitical madness”.
European leaders will want to learn from the mistakes of previous post-war reconstruction efforts, including in Afghanistan, Iraq and Bosnia, and are likely to insist that Ukraine present concrete plans to establish the rule of law and reforms necessary to eliminate corruption before it disperses. with billions in reconstruction funds.

‘Xi’s third term is crucial’: CPI’s Dr Raja at start of latest session of Communist Party Congress Sat, 22 Oct 2022 04:28:07 +0000

As the closing ceremony of the 20th National Congress of the Communist Party of China (CPC) begins on Saturday, Communist Party of India (CPI) General Secretary D. Raja said Chinese President Xi Jinping entering his third term is a landmark event at a time when imperialist forces are strengthening and warmongering has increased triggered by the US military presence, especially in the Indo-Pacific region.

“For what purpose did the United States establish a military presence in the Indo-Pacific region, the Korean peninsula? The rise of imperialist forces is a matter of concern for the world and the Russian-Ukrainian crisis is the biggest example of this,” he told THE WEEK.

If the CCP sends an invitation after the party congress, India’s leftist parties can comply. “We attended a meeting after the 19th party congress. We do not participate in the party congress, but once it is over, communist parties around the world can meet,” he said.

The World Communist Gatherings have aroused great interest in India’s left-wing parties. As Xi rises in power inside and outside China, communist parties around the world should rally behind him. “China has achieved its poverty reduction targets. It was a stated goal in its five-year plan. It has its internal problems (Hong Kong and Taiwan included), but Xi’s emphasis on redistributing wealth for common prosperity to end inequality is a model to appreciate,” Raja said.

Renmin Lingxiu (people’s leader), central leader, chairman of everything and a variety of titles have been bestowed on Jinping, but the most important ones, which he will hold again, are general secretary of the Communist Party of China central committee, chairman of China and chairman of the party’s central military commission.

The central committee’s roughly 200 voting members and 176 alternate (non-voting) members are expected to make Xi their leader by giving him a third term. The composition of the Politburo Standing Committee will likely become clear as soon as the 20th National Congress of the Communist Party of China enters its final stage on Oct. 23. The Great Hall of the People in Beijing will experience an unprecedented moment as Xi enters another decade of his rule, unlike any of his predecessors following the death of Chinese Communist Party founder Mao Zedong in 1976.

Witnessing it are the 2,296 delegates invited to the 20th CPC National Congress, but this time due to Covid protocols, few foreign invitations were sent. The CCP events are held after the party congress for foreign delegates where Indian leftist parties have participated in the past, the latest being the event after the 19th party congress. CPI(M) General Secretary Sitaram Yechury and CPI leaders have virtually joined the CCP’s centenary celebrations in 2021.

Foreign guests at CCP events are mostly three groups of people: those who have a political affiliation with a communist party in their country and may or may not hold a post, those who hold a post in a communist party, and also those with which the United States Front Work Department has established a good relationship over the years. The third category is an evolving list as China continues to strengthen its influence operations around the world.

This time, foreign delegates wishing for a third term for Xi come from South Africa, Maldives, Barbados, Pakistan, Nepal, Bosnia, South Sudan, Seychelles, Serbia, Japan, Germany, Italy, Cambodia to name a few.

But those watching Xi’s rise most closely are Taiwan’s leaders – around 10 Taiwanese representatives were chosen for the 20th Party Congress, a similar number to the 19th Party Congress. These are people who have roots in Taiwan but later moved to mainland China, some have families still living in Taiwan and most of them travel between China and Taiwan with frequent exchanges between the two sides . This aspect will gain prominence during Xi’s third term as he wants to realize his dream of unification, which the Taiwanese government and its people have flatly rejected.

Xi’s third term will have many challenges to overcome – economic, military and diplomatic, as he also plans to build a Chinese economy independent of the United States, a daunting task given that the yuan and the dollar are linked and everything dreams to make the yuan an international currency is still a distant cry. Xi must deal with the economic crisis at home after the pandemic before looking outward.

The next task will be to build the Chinese military to the same level as the United States, because despite the technological push and modernization efforts, comparisons are difficult on many fronts since the United States also has a strategic advantage. and greater diplomatic reach.

Meanwhile, as the final day of the party congress approaches, aside from Xi’s ascension, all eyes are also on who will be in his new team – key positions to watch are the Chinese premier, as incumbent Li Keqiang could resign now or retire in March; his eventual successor Wang Yang, 67, chairman of the Chinese People’s Political Consultative Conference, the main political advisory body and who could be the head of China’s legislature, the National People’s Congress. A likely candidate is Wang Huning, a close aide to Xi, for NPC chairman.

All eyes are also on those who might make it to the politburo standing committee – the likely ones are Shanghai party leader Li Qiang; Chen Miner, Chongqing party leader and considered a technocrat; and Ding Xuexiang, director of the general office of the central committee. Within the CMC, Xi himself will take the helm as the almighty leader.

EU enlargement means stability on the continent ⋆ Visegrad Insight Mon, 17 Oct 2022 09:08:25 +0000

EC makes landmark recommendation to grant Bosnia and Herzegovina EU candidate status. More border controls are expected in central Europe and Slovakia is rocked by a tragic hate crime.

This week on Visegrad Insight:

  • Visegrad Insight Fellow Vitaly Portnikov comments on the situation of former USSR republics in Central Asia get away from russia following the failed blitzkrieg in Ukraine.
  • Martin Ehl writes about how The success of Viktor Orbán on the Hungarian scene is based on identity politics and the creation of the “new Hungarian”.
  • Krzysztof Izdebski analyzes whether the The Polish government will receive the RRF without the reforms requested by Brussels.
  • Lukas Valasek highlights the organizers and profiteers of Czech far-right protests.
  • Visegrad Insight will organize two exclusive roundtables at the Riga Conference 2022:
  • War and the future of Europe. Is the EU losing its strategic autonomy? During a meeting, Overview of Visegrad will present the findings of the foresight on war and the future of Europe and discuss the reform of the EU’s strategic autonomy and the transfer of the enlargement dynamic to the facts – the two main recommendations of the report – in the context of possible futures.
  • 3SI Digital Future prospective round table with policy influencers from the Three Seas Initiative (3SI). During the discussion, Marcin Król Fellow Krzysztof Izdebski of the Open Spending EU Coalition and the Stefan Batory Foundation will present the recommendations and key points of an upcoming foresight report developed with the 3SI Digital Civil Society Forum and supported by META .


  • The European Commission recommends that Bosnia and Herzegovina obtain EU candidate status. The EC made this recommendation as part of its 2022 enlargement package.
  • Despite Bosnia and Herzegovina’s rusty progress towards the bid, the EC prioritizes geopolitical concerns, as Bosnia’s structural problems are continually targeted by the Kremlin’s subversive activities. “Russia’s brutal invasion of Ukraine highlights the importance of EU enlargement,” Josep Borrell said in a press release, adding that enlargement “is a long-term investment in the peace, prosperity and stability of our continent”.
  • Germany refused Putin’s offer to resume gas flow via Nord Stream 2
  • Türkiye is interested in building TurkStream with Russia. Turkish Recep Tayyip Erdogan said Russian and Turkish authorities will work together to build a gas distribution center making Turkey’s border region with Greece and Bulgaria an ideal location.
  • Politico places Vladimir Putin at the top of its inaugural list POLITICOGreen28. “Vladimir Putin’s brutal invasion of Ukraine has forced Europe to finally end its dependence on fossil fuels,” the outlet said.
  • The World Bank is preparing to launch a trust fund to reduce carbon emissions at the COP27 climate change conference in Egypt in November.
  • Meeting of NATO Defense Ministers. A number of NATO countries, including several Central European countries, are considering establishing a joint air defense system.
  • V4 presidents met in Bratislava while the host of the meeting, Zuzana Caputova, told the media that the presidents discussed ways in which their countries can help each other despite their differing views.
  • The European Council meeting to be held on 20 and 21 October will discuss Ukraine, energy, economic issues and foreign relations.
  • Charles Michel prepares to visit Kazakhstan and Uzbekistan following invitations from heads of countries. Michel tweeted that he was satisfied with the prospects for cooperation between Central Asia and the EU. Russian influence in the region has diminished following Russian battlefield losses in Ukraine as China attempts to fill the power vacuum.
  • OPEC’s decision to curb oil production has pushed up prices and could push the global economy into recession, the International Energy Agency said. The United States criticized Saudi Arabia, the leading OPEC country, for the decision.
  • The Greek power grid was running entirely on renewable energy for five hours last week. Renewables represent 46% of the energy mix in Greece so far this year, which is already an increase from 42% for the corresponding period in 2021. Greece has an economy comparable to that of Czechia where renewable energies renewables represent more than 10% of the energy mix.
  • The IMF is lowering its growth forecast for the world economy. Individual outlooks for Czechia, Hungary or Slovakia dipped, citing exposure to stalls in Russian energy supplies. The IMF also predicts that Germany and Italy, the two eurozone countries, will fall into recession.
  • CPC Congress to end on October 22 in China probably reconfirming Xi Jinping and the revisionist strategy, especially towards Taiwan.
  • Destruction of the semiconductor manufacturing industry. An unprecedented set of tech sanctions against China designed by the Biden administration took effect last Friday, crippling the country’s economic potential and advanced weapons plans. It could also have a lasting impact on China’s burgeoning AI sector as well as other cutting-edge technologies.

Iranian-made suicide drones attack Kyiv



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