Abstract ▼

The aim of this paper is to highlight the great social danger resulting from uncontrolled trade in arms and military equipment. A large number of terrorist attacks in the world show that uncontrolled arms trade is a growing problem for international security. In order to provide the same protection, the problem of uncontrolled arms and military equipment, which is the major international business, should be viewed from several aspects. To this end, after defining weapons, their production and trade, the authors have presented one of the ways the leading companies in the military-industrial complex provide themselves a market for sale of arms and military equipment, thus creating the conditions that contribute to expanding of their military companies. As the world’s largest exporters of arms and military equipment the United States, Russia and China give a short historical account of their arms trafficking. Then, considering the fact that the amount of weapons would unlikely diminish, the authors have pointed out that states should find a way to control the movement of weapons in the world preventing terrorist to take hold of them.

Abstract ▼

The emergence and deepening of the global economic crisis is reflected in large part on the functioning of international financial institutions and their current structure. The long-term financial crisis has placed demands for decisive reform moves in the functioning and structure of the IMF, the World Bank Group and other global and regional financial institutions. This means that so far, the results of their policies have been inadequate and that their role is subject to critical observation finding an efficient performance of financial markets. The crisis has imposed the need to reform international financial institutions and the new global financial architecture. Changes in structure and their functioning should lead to the global economic stability. Members of the Euro zone are faced with a new attitude towards the international financial institutions and the International Monetary Fund, in particular. The proclaimed missions of the International Monetary Fund and the World Bank are clearly separated in theory, but with the passing of time, their activities have become increasingly intertwined, so that they often include a name international financial institutions.

Abstract ▼

The subject of this article is a specific problem in banking management - money laundering and financial institutions’ responsibility. Namely, at the beginning of the century, we were witnesses of global increase in money laundering. A lot of money earned by money laundering destroys the basic principles of economic activities. It is also a big threat to the financial institutions’ integrity making successful management impossible. Fundamental problems are as follows: “grey economy”, offshore countries and their financial institutions, corruption and alternative systems of transferring money. Therefore, their significance is emphasized in this article. All these dealings lead to general misuse of the financial systems. The connection between money laundering and financial terrorism is also considered. Terrorists’ needs can be classified to direct expenses connected to specific operations and to bigger organizing expenses for certain terrorist organizations as well as for the infrastructure maintenance in order to support the organization and promote the ideology of the particular terrorist organization. Money laundering can be used for these kinds of terrorist criminal activities. Some examples of misuse of banks, which were condemned for criminal acts, are also presented.

Abstract ▼

The paper points to some methodological and terminological dilemmas in defining the framework of the research as well as the linkage of environmental issues with other relevant issues. Based on the provisions contained in the strategic documents and relevant sources of law there have been analysed factors that determine the place and the role of the environment in the foreign policy and they are as follows: the state of the environment, the policy objectives of the Republic Serbia (RS) in the environmental field, powers for dealing with environmental issues, powers and way of organising foreign affairs, perspective of the RS membership in the European Union (EU), global and regional challenges in the environmental field, the place of international co-operation in environmental regulations, membership in international organisations in the environmental field, the status of the RS in international treaties in the environmental field, etc. The second part of the paper emphasises the possibilities of strengthening the environmental role as a subject of co-operation in achieving certain objectives in the foreign policy of the RS. The author argues the thesis that the place and role of the environment in the foreign policy of the RS are not defined in a clear and precise manner. However, it can be said that the general framework is determined in large part by perspective of the RS membership in the EU and specific regional and global issues in the environmental field.

Abstract ▼

The author analyses the key features of left-wing terrorism through the Red Brigades, a terrorist organization formed in Italy in the late 1960s. The complex situation in the country after World War II and the changes in international relations had caused the formation of this terrorist organization. The Red Brigades sought a complete transformation of the Italian society in line with the ideology of Marxism-Leninism. This terrorist organization was engaged in many terrorist activities and the most common targets were big capital owners and political officials. After World War II, West Germany had had the same problem as Italy, which prompted the formation of another terrorist organization – the Red Army Faction based in this country. The Red Army Faction acted in line with the same ideological principles and pursued the same goals as the Red Brigades, which resulted in close cooperation between the two. Both organizations established cooperation with other terrorist organizations around the world. After the Cold War, the activities of these organizations weakened and progressively disappeared. Meanwhile, radical Islamic terrorist organizations emerged basing their actions on religious grounds. However, there are some similarities and differences between Islamic and left wing terrorist organizations.