Daily Archives: May 17, 2012

Esther Bintliff

REUTERS/Kai Pfaffenbach

REUTERS/Kai Pfaffenbach

Today we’re looking at Greece. Yup, again. But over the last week, the possibility that the Mediterranean country of 11 million people might actually leave the eurozone – a scenario long considered taboo – has become increasingly plausible. European policymakers and central bankers have gone from repeated assurances that a ‘Grexit’ would never, EVER happen, to a gradual admission that, yes, it’s possible. And if that’s the case, then the threat of contagion to the larger eurozone economies of Spain and Italy – and thus the broader single currency project – is magnified. Much will rest on the outcome of fresh elections in Greece on June 17. In the meantime: 

David Pilling

I just came across this revamped version of what purports to be North Korea’s official website. Even if it is not, and is just a fan site, it is a credit to what is described on the homepage as a genuine workers’ state in which “all the people are completely liberated from exploitation and oppression”.

I’ve never been to North Korea (visa still pending) but, from what I can make out from this site, it sounds like a pretty wonderful place. It is apparently the only country where “the workers, peasants, soldiers and intellectuals are the true masters of their destiny” and in a “unique position to defend their interests”.