• 4 hours Bidding Action Heats Up In UK’s Continental Shelf
  • 9 hours Keystone Pipeline Restart Still Unknown
  • 13 hours UK Offers North Sea Oil Producers Tax Relief To Boost Investment
  • 15 hours Iraq Wants To Build Gas Pipeline To Kuwait In Blow To Shell
  • 17 hours Trader Trafigura Raises Share Of Oil Purchases From State Firms
  • 19 hours German Energy Group Uniper Rejects $9B Finnish Takeover Bid
  • 20 hours Total Could Lose Big If It Pulls Out Of South Pars Deal
  • 22 hours Dakota Watchdog Warns It Could Revoke Keystone XL Approval
  • 2 days Oil Prices Rise After API Reports Major Crude Draw
  • 2 days Citgo President And 5 VPs Arrested On Embezzlement Charges
  • 2 days Gazprom Speaks Out Against OPEC Production Cut Extension
  • 2 days Statoil Looks To Lighter Oil To Boost Profitability
  • 2 days Oil Billionaire Becomes Wind Energy’s Top Influencer
  • 2 days Transneft Warns Urals Oil Quality Reaching Critical Levels
  • 2 days Whitefish Energy Suspends Work In Puerto Rico
  • 2 days U.S. Authorities Arrest Two On Major Energy Corruption Scheme
  • 2 days Thanksgiving Gas Prices At 3-Year High
  • 3 days Iraq’s Giant Majnoon Oilfield Attracts Attention Of Supermajors
  • 3 days South Iraq Oil Exports Close To Record High To Offset Kirkuk Drop
  • 3 days Iraqi Forces Find Mass Graves In Oil Wells Near Kirkuk
  • 3 days Chevron Joint Venture Signs $1.7B Oil, Gas Deal In Nigeria
  • 3 days Iraq Steps In To Offset Falling Venezuela Oil Production
  • 3 days ConocoPhillips Sets Price Ceiling For New Projects
  • 5 days Shell Oil Trading Head Steps Down After 29 Years
  • 6 days Higher Oil Prices Reduce North American Oil Bankruptcies
  • 6 days Statoil To Boost Exploration Drilling Offshore Norway In 2018
  • 6 days $1.6 Billion Canadian-US Hydropower Project Approved
  • 6 days Venezuela Officially In Default
  • 6 days Iran Prepares To Export LNG To Boost Trade Relations
  • 6 days Keystone Pipeline Leaks 5,000 Barrels Into Farmland
  • 6 days Saudi Oil Minister: Markets Will Not Rebalance By March
  • 6 days Obscure Dutch Firm Wins Venezuelan Oil Block As Debt Tensions Mount
  • 7 days Rosneft Announces Completion Of World’s Longest Well
  • 7 days Ecuador Won’t Ask Exemption From OPEC Oil Production Cuts
  • 7 days Norway’s $1 Trillion Wealth Fund Proposes To Ditch Oil Stocks
  • 7 days Ecuador Seeks To Clear Schlumberger Debt By End-November
  • 7 days Santos Admits It Rejected $7.2B Takeover Bid
  • 7 days U.S. Senate Panel Votes To Open Alaskan Refuge To Drilling
  • 7 days Africa’s Richest Woman Fired From Sonangol
  • 8 days Oil And Gas M&A Deal Appetite Highest Since 2013
Alt Text

What Is Putin Planning For Ukraine?

Despite a 2015 ceasefire, conflict…

Bosnian Elections See Moderate Gains, but Little Hope for Change

Bosnian Elections See Moderate Gains, but Little Hope for Change

More than 8,000 candidates from 39 political parties and 11 coalitions competed for seats in Bosnia-Herzegovina’s central parliament and tripartite presidency during 3 October elections. The Bosnian Croat and Bosniak seats look set to go to supporters of a unified Bosnia, while the Bosnian Serb representative is vowing more strength for entities – a situation that has created deadlock in the work of the presidency over the past four years. The moderate Social Democrat Party’s (SDP) Zeljko Komsic won the presidency's Croat seat, beating ethno-nationalist Croat Democratic Union (HDZ) candidate Borjana Kristo. The Bosniak front-runner was Bakir Izetbegovic, of the predominantly ethno-nationalist Bosniak Party for Democratic Action (SDA). Komsic’s victory was disputed by Croat nationalists who said he earned it thanks to Bosniak, not Croat voters, and vowed to press for an early election in two years. In the lead for Bosnian Serb post was the incumbent Nebojsa Radmanovic, of the Alliance of Independent Social Democrats (SNSD), the party which during the election campaign raised the possibility of seceding from the country. While Komsic and Radmanovic hold on to their presidential seats, Izetbegovic will replace Haris Silajdzic, who came in third, and whose Party for Bosnia and Herzegovina (SBiH), burdened with several corruption affairs, failed in the 3 October poll. Even though Izetbegovic is seen as more moderate than Silajdzic, it is hard to expect any major progress. Preliminary results for the central parliament are showing that the only change from the last elections in 2006 will happen in the areas where Bosniaks are the majority, gaining mostly at the expense of Bosniak ethno-nationalist parties. Most of the SBiH and SDA votes were taken by the newly founded Party for Better Future (SBB), led by media mogul Fahrudin Radoncic, who came up as the main surprise of the elections. With some 70% of votes counted, SDP is slightly ahead of SDA. But in the areas where Bosnian Serbs and Bosnian Croats are the majority, the elections were swept by Republika Srpska President Milorad Dodik’s SNSD and HDZ. SNSD’s leader Milorad Dodik, who is leading in the presidential elections in Republika Srpska, and whose party won most of the Bosnian Serb votes on all levels.

Analytical Note: According to the results, the deep ethnic divisions will be maintained and offer no solution to the ongoing political stalemate. There is also little hope that the election results will introduce new leaders that could launch badly needed political reforms set by the EU. Most of the same political personalities and parties were voted into power. Aside from an increase of votes for the moderate party among the Bosniak voters, ethno-nationalists remain popular in the Bosnian Serb-dominated Republika Srpska entity and areas dominated by Bosnian Croats. Given the differences among the sides, it is hard to expect any progressive cooperation on the state level. The results of the elections could actually further entrench ethnic divisions as many candidates have put ethno-nationalist slogans at the heart of their electoral campaigns, which voters recognized and supported. Even though Bosniak voters recognized the need for change and voted for the SDP, which doubled its performance compared with the 2006 elections, overall, this is not as significant as it may appear, since the party will have to ally with other parties, which very well may not share their moderate views.




Back to homepage


Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News