On Monday, German chancellor Angela Merkel said that her government is thinking of enacting measures that would prevent funds controlled by foreign governments from buying German businesses. The concept is simple: if countries are not open to German capital, Germany won’t be open to them either.
The measure seems prompted by Russia’s interest in increasing its 5-percent stake in the European Aeronautic Defense and Space Company, the principal shareholder of Airbus. As Merkel noted on Monday, state-controlled buyers don’t always have commercial considerations in mind when they make corporate acquisitions.
Of course, Moscow is not the only predator on the global scene. There is also the world’s largest holder of foreign currency reserves: China. Today, China is sitting on $1.2 trillion in “forex” (called “the greatest fortune ever assembled”) and is creating a vehicle, the State Investment Company, to invest these holdings. Analyst Andy Xie has forecast that China could end up with over $10 trillion in net foreign assets—about five times what Japan possesses.
The release of Alan Johnston, the BBC Gaza correspondent held hostage for four months, is the biggest propaganda coup that Hamas has achieved so far. Predictable demands for “engagement with” (i.e., recognition of) Hamas as a reward for obtaining Johnston’s freedom from his kidnappers, the Army of Islam, were made on the BBC by Alastair Crooke.
Who is he? He seems to surface every time Islamist organizations need a Western spokesman to lend respectability to their cause. Crooke was an MI6 intelligence officer for some 30 years, specializing in the Middle East. After leaving the security service, he landed a series of international jobs: as a staff member of the Mitchell committee on the intifada convened after the Israeli-Palestinian summit at Sharm al Sheikh in 2000; then as “security adviser” to Javier Solana, the European Union’s High Representative and de-facto foreign minister. Crooke was assigned to the EU’s Middle East envoy Miguel Moratinos in 2002, but was recalled by the British Foreign Office in 2003 after he held a series of secret meetings with Hamas, Islamic Jihad, and other terrorists. At one of these, Crooke told the then-leader of Hamas, Sheikh Yassin: “The main problem is the Israeli occupation.” Crooke went on to say that “I hate that word [terrorism]” when applied to Hamas, whose suicide bombers were then slaughtering Israeli civilians. Crooke was already working hard to legitimize Hamas as “freedom fighters” while speaking on behalf of the EU.
First it was Nicholas Lemann, Dean of the Columbia University School of Journalism, who underhandedly manipulated the facts of the Scooter Libby case while chastising the Bush administration for underhandedly manipulating the facts. See my It’s a Lemann. The New Yorker has yet to publish a correction to the error that I was not alone in pointing out. It is said to have published correspondence on the matter, but I must have missed it. As I know from personal experience, it can be hard to admit a mistake.
Now we have Michael Kinsley, Dean of the Snark School of Journalism, who has a collision with himself today while talking about the case. Did he suffer a whiplash injury? Will the op-ed page of the New York Times publish a correction? As I have warned in the past, do not hold your breath waiting.
Last month, France commemorated the centenary of the poet René Char (1907-1988). Despite an exhibit at Paris’s Bibliothèque nationale de France, which runs until July 29, and various dutiful school commemorations, some observers have noted that Char is receiving as much disrespect as adulation in his native land. The French poet Jacques Dupin told the newspaper L’Humanité that Char, once widely admired, “is now unfairly disparaged.” In true French style, much of the current resentment against Char stems not only from his poetic accomplishments—including the rare honor of inclusion in the prestigious Gallimard Pléiade series of literary classics while still alive—but also from his very real wartime heroics.
During the German occupation of France in World War II, Char joined the Resistance under the pseudonym le capitaine Alexandre, organizing paratrooper insertions and arms drops in the south of France. In his compelling wartime collection of poetic, aphoristic prose fragments, Feuillets d’Hypnos (Leaves of Hypnos; 1946), Char explained what he called the “humanism of resistance” by declaring, “I shall write no poem of acquiescence.” (He added to this a piece of memorable advice for his fellow vanquished Frenchmen: “Bow down only in order to make love.”)