n.36 June 2011

The ongoing Libyan crisis has put the global operations of the country’s sovereign wealth fund – the LIA – under a microscope. In some cases the results have proved embarrassing for the West, with Libyan interests in the British publishing house Pearson – publisher of The Economist – dismay both shareholders and observers.

Hungary began its stint atop the European Union with an ambitious set of goals that included pushing for Croatian EU entry and ensuring Romania and Bulgaria participation in the Schengen area.

Hungary’s new constitution defines marriage as between a man and a woman only, establishes life as beginning at the moment of conception, and drops the word “republic” from the country’s name.

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