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Posts published in “United Nations (UN)”

A New World Order?

Philip Stephens has a very interesting and to the point op-ed in yesterday’s Financial Times in which he speculates whether the current world-wide financial crisis signals the beginning of a new world order. Stephens argues that, in addition to the moral corrosion of western values which started with the Iraq war, the current financial crisis, which largely has come about as a result of western profligacy (notwithstanding the misguided tendency among some Europeans to point their fingers at the US), will add to a change in today’s global order weakening western influence. Stephens’ predictions become perhaps more evident when it…