Trouble brews in the Balkans

September 24, 2023

Police officers patrol in the aftermath of a shooting, at the road to Banjska village, Kosovo September 24, 2023.

REUTERS/Ognen Teofilovski

Is Europe’s tinderbox once again set to explode?

Tensions are running high in Kosovo after three people were killed in a gun battle in a monastery in Leposavic, near the Serbian border. About thirty armed men stormed the building following a battle with police at a road blockade near the village of Banska, in which one officer was killed. Police managed to regain control of the monastery, arrested 6 gunmen, and found "an “extraordinarily large amount of weaponry and ammunition, explosives.”

According to Prime Minister Albin Kurti, police were attacked by "professionals, with military and police background" and police said they had used "an arsenal of firearms, including hand grenades and shoulder-fired missiles.” Kurti blamed "Serbia-sponsored criminals" for the attack. Serbian President Aleksandar Vucicspoke later on Sunday, condemned the attack but accused the Kosovo authorities of “brutal” treatment of the Kosovo Serbs.

Violence has been escalating following the Kosovo government’s decision to install ethnic Albanian mayors in four Serb-majority municipalities in May. Demonstrations ensued, including one in which thirty NATO peacekeepers were injured.

This latest incident comes one week after EU-mediated talks designed to normalize relations between Serbia and its former province ended in stalemate. Kosovo unilaterally declared independence in 2008, a decade after a bloody war with Serbia that claimed 10,000 lives, but Belgrade has since refused to recognize the country.

As a means of cooling the temperature, Brussels warned both countries that unless they put their differences aside and abide by the EU’s ten-point plan to end the latest round of tensions, they will not be allowed entry into the EU. If what happened this weekend is any indication, however, that goal is still a long way off.

Can we achieve gender equality by 2030?

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It has been nearly 30 years since former US Secretary of State Hillary Clinton declared at the UN Conference on Women, hosted in Beijing, that “Women’s rights are human rights.” While progress has been made in some key areas, like education and access to healthcare, the number of women in the global labor force has remained largely stagnant since the 1990s. Women still trail men overall in income, digital inclusion, and even access to banking. This week World Bank announced a bold initiative to bridge that divide by creating more economic opportunity, broadening female leadership, and reducing gender-based violence in the next 5 years as 2030 approaches.

Can the IMF change to help more women?

Matthew Kendrick

When a country hits rock bottom financially, the International Monetary Fund is meant to step in with funds to stabilize the economy without damaging its society — or the gender gap. But studies show that these programs often push women out of work at a disproportionate rate to men as the economy contracts. Matthew Kendrick reports from the World Bank-IMF Annual Meetings on a push to build more equitable programs.

North Korean troops move into Russia’s border area with Ukraine

Russia's President Vladimir Putin and North Korea's leader Kim Jong Un attend a farewell ceremony before Putin's departure at an airport in Pyongyang, North Korea June 19, 2024.

Gavriil Grigorov/Reuters

Kyiv says that roughly 12,000 North Korean troops are in Russia, a far greater number than reported by the US, though it remains unclear precisely how many have entered what Ukraine referred to as the “combat zone.”

Will Japan’s LDP lose its grip on power?

October 23, 2024, Kamagaya, Japan - Japanese Prime Minister and leader of the ruling Liberal Democratic Party (LDP) Shigeru Ishiba reacts to his supporters after he delivered a campaign speech for his party candidate Hisashi Matsumoto for the general election at Kamagaya in Chiba prefecture, suburban Tokyo on Wednesday, October 23, 2024.

(photo by Yoshio Tsunoda/AFLO)

As Japan heads to the polls this Sunday, Prime Minister Shigeru Ishiba’s decision to call an early election just weeks after taking office is turning out to be a high-stakes gamble.

Global economy at risk if Middle East conflict expands, says World Bank's Ayhan Kose

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While the global economy shows signs of growth and decreasing inflation, the near future involves risks, including the escalation in the Middle East impacting oil prices, strained China-US relations, and an increasingly challenging tariff and trade environment, said Ayhan Kose, World Bank Deputy Chief Economist. He discussed the geopolitical tensions influencing the global economy with GZERO's Tony Maciulis at the IMF and World Bank Annual Meetings in Washington, DC, in a GZERO Global Stage interview.

Trouble brews in the Balkans

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There are times when we need more context, and there are times when we do not. How do we tell the difference?

Kyiv says that roughly 12,000 North Korean troops are in Russia, a far greater number than reported by the US, though it remains unclear precisely how many have entered what Ukraine referred to as the “combat zone.”

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Georgian Dream insists the country is still on track to join the EU, as critics accuse the party of pushing Georgia in an increasingly anti-Western, authoritarian direction.

In 2001, a Goldman Sachs economist coined an acronym for the four largest and most promising “emerging market” economies: Brazil, Russia, India, and China became known as the “BRIC” countries.

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