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by ZH If anyone needed the proper epitaph for the insane stupidity out of Europe, Reuters may have just provided it. In an exclusive article, Reuters stuns us with the following: “German and French officials have discussed plans for a radical overhaul of the European Union that would involve establishing a more integrated and potentially smaller euro zone, EU sources say. French President Nicolas Sarkozy gave some flavour of his thinking during [...] MOSCOW (Reuters) – Russia’s Prime Minister Vladimir Putin said he wants to bring ex-Soviet states into a “Eurasian Union” in an article which outlined his first foreign policy initiative as he prepares to return to the Kremlin as the country’s next president. Putin said the new union would build on an existing Customs Union with Belarus and Kazakhstan which from next year will remove all barriers [...] From FT: Twenty years after the Soviet Union collapsed, Vladimir Putin, the Russian prime minister, may not, as is sometimes alleged, be trying to recreate it. But he is pursuing a different project – to build a “quasi-European Union” out of former Soviet states. A customs union he launched a year ago between Russia, Belarus and Kazakhstan has already removed tariffs and customs controls along the three [...] http://wikileaks.ch/cable/2005/01/05OTTAWA268.html SUBJECT: PLACING A NEW NORTH AMERICAN INITIATIVE IN ITS ECONOMIC POLICY CONTEXT “While in principle many of them support more ambitious integration goals, like a customs union/single market and/or single currency, most believe the incremental approach is most appropriate at this time, and all agree that it helps pave the way to these goals |
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