News and Prophecy Staff

Already this year Germany has spent more on U.S. investments than it did in the previous two decades (Wall Street Journal, September 22, 2014). “The latest deals bring to almost $70 billion the total value of German acquisitions announced in the U.S. so far this year, according to Dealogic” (ibid.). The motive behind these acquisitions is that Europe’s economy is still contracting, while the U.S. economy is expanding—making the U.S.

The Franco-German relationship that has held Europe together is faltering. “‘The problem is that the relationship has become deeply unbalanced,’ said Dominique Moïsi, a senior adviser at the French Institute for International Relations.

In a recent visit to a northern Italian cemetery, the Pope made some profound remarks.

Reports indicate that the Islamic extremists of ISIS are “planning to capture the city of Arar in Saudi Arabia” which is close to the Iraqi border and within a day’s drive of Mecca. The leaders of ISIS know that “if you want to control Islam, you have to control Mecca…ISIS knows the only way to enhance legitimacy among Muslims for its ‘Caliphate’ is to control Mecca” (The Times, September 26, 2014). 

As EU leaders met in Brussels earlier this month, former German Defense Minister Karl-Theodor zu Guttenberg wrote an op-ed for The Wall Street Journal, thrashing the Europeans for their grandiose ideas and their chronic inattention and inaction. He noted, “One hundred years ago, Austria-Hungary declared war on Serbia, setting in motion a swirl of events that brought decades of devastation to the entire continent.