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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...
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...
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...
The Canadian weekly Maclean’s recently ran a sobering article on the USA by Scott Gilmore (Maclean’s, September 10, 2014).
As EU nations met in Wales to discuss the ISIS crisis in Iraq, former Israeli president Shimon Peres met with Pope Francis at the Vatican. Mr. Peres’ aim was to encourage the Pope to create “a ‘United Nations of Religions’ to counter the rise of religious extremism” (The Times, September 5, 2014). “Mr.
“A new athletic program at Robert Morris University in Chicago is offering scholarships for videogamers—to play on the school’s League of Legends team” (The Wall Street Journal, September 1, 2014). The University is giving creative scholarships in order to counter its declining enrollment.
“Deadly flooding has affected more than one million people in Pakistan, officials said Wednesday.” Tens of thousands have been rescued and hundreds of thousands remain stranded (AFP, September 10, 2014).
Russia is moving further away from the “West” politically, militarily and monetarily. “Russia and China pledged on Tuesday to settle more bilateral trade in rouble and yuan and to enhance cooperation between banks… we’re going to encourage companies from the two countries to settle more in local currencies, to avoid using a currency from a third country [the U.S...