Europe’s ‘Sad Day’?

“A sad day for trade relations between the US and Europe”. This is how John Disharoon, vice president of the trade committee at the American chamber of commerce to the EU described the decision by the European Union to begin imposing trade sanctions on US goods as of today. Of course, the arguments about why this measure is totally justified (or conversly totally un-justified) will be legion. However, at the end of the day, I can’t help agreeing with the above-mentioned comment. With all the problems we face out there in front of us, with all the dangers of a renascent protectionism which we can clearly see inside the US itself, this, it seems to me, is the last thing we need right now. It wreaks of the worst kind of logic of bureaucratic decision making.
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The Country That Has it All

Posting under the header: ‘More Signs That We Are In the Twentieth Century After All’ my young Argentinian co-blogger notes crypically “I don’t know what a XIXth (or XXth) century englishman would say, if we told him that English unions would one day protest against losing skilled jobs to India”……… adding…………”and, in the heels of our previous post about Sekhar Kapur interview, today the blogsphere is buzzing with news of the P2P network Kazaa’s agreement to distribute (in a pay-per-view fashion) the indian film Supari. If this works out economically, the sidelining of traditional distribution channels might very well enhance the global reach of Bollywood productions, specially among the growing Asian diaspora in the developed world. We are truly living in interesting times”. (BTW: I owe the post on Kapur to Marcelo: completely. If it wasn’t for Argentina, what would I know about India!).

In the comments I respond “Absolutely, there is another big push going on, Google’s innovative share offer is another example, maybe blog portals will be another. Something is really happening out there”. So it’s wakey wakey time. For the first time since the mid-ninetees the thing is really humming. First-movers, creative destruction, defining moments: get tighly back in your seats. Hold on for the bumpy ride.

And meantime, exceptionally, and on a boring grey Saturday morning: news from the country that has it all: problems, problems, problems.
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