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“EU’s Financial Hurricane Is About to Hit,” read a sobering headline in this week’s Times. This week something critical happened in reaction to leaked information that the EU would allow Greece to redeem some of their bonds at their current financial status—50% less than their original worth. The news scared Italian investors with the notion that the same...
“Half of Christchurch wants to leave,” reads one Australian headline. In the wake of three powerful and devastating earthquakes in the last nine months, an unofficial poll of more than 40,000 Christchurch, New Zealand residents revealed that over 3,000 have emigrated to Australia so far. Twenty-one percent of residents plan to leave Christchurch at some point...
Last weekend, an oil pipeline under the Yellowstone River in Montana broke, unloading more than 1,000 barrels of crude oil into the river. The cause of the break is unknown, however some officials think it may be due to unusually high river levels thanks to the spring snow melt. This high water has made containment of the spilled oil very difficult. The...
“Greece faces massive loss of sovereignty,” read a recent article in the EU Observer. As the EU forwards 12 billion euros of additional relief to Greece, it completes its fifth payment of the overall 110 billion euro package. This recent payment should help Greece meet its financial obligations through the end of the month.
Britain can do “nothing” to prevent Argentina retaking Falkland Islands read a recent headline in the British Telegraph. “The head of the Naval task force in the Falklands War has warned that defense cuts mean Britain can now do ‘precisely nothing’ to prevent Argentina retaking the islands…. a substantial task force of two aircraft carriers, a dozen frigates and...
The Jerusalem Post recently ran a powerful Opinion/Editorial article highlighting the unrest throughout North Africa and the Middle East. It noted the instability and the bloody intents of regional leaders.
A recent Wall Street Journal article observed, “Germany is sitting on top of the world. But the rest of the world thinks it’s getting too comfortable up there… What is Germany’s place in the world?” John Kornblum, former U.S. ambassador to Berlin recently asked the question: “Germany is rising in a Europe that’s coming apart at the seams… How is this country—the...
According to scientists at the International Programme on the State of the Ocean (IPSO), “The health of the oceans is deteriorating far more rapidly than expected… they predict that marine life could be on the brink of mass extinction” (The Times, June 21, 2011). While scientists have been witnessing drop-offs in species population sizes for years, current...
The United States is experiencing disasters of biblical “extremes.” Vast areas of the country are suffering drought, flooding, or wildfires.
“Russian Prime Minister Vladimir Putin, Deputy Prime Minister Sergei Ivanov and Defense Minister Anatoly Serdyukov are spending two days in Paris shortly after Moscow and Paris signed a deal for Russia to purchase two French Mistral-class amphibious assault ships.” This follows a deal where Germany has agreed to build a military training center in Russia, to...