News and Prophecy Staff

With the ongoing debt crisis in Europe, the specter of an EU break-up looms ominously over the continent.  Many nations now see the negative repercussions of such a breakup and are calling for action to prevent it.  This week Poland’s Foreign Affairs Minister made a sobering appeal from Berlin:  “I will probably be the first Polish foreign minister in history to say so, but here it is.  I fear German power less than I am beginning to fear German inactivity.

Plunging European real estate values have China eyeing future infrastructure purchases.  Despite European nations being loath to sell their infrastructure to China (e.g., railroads, power companies, and factories), Chinese investors are circling and waiting for prices to “hit bottom.”  China’s Minister of Commerce made the following statement this week:  “Next year, we will send a delegation for promoting trade and investment to the European countries...

For years, scientists have warned about the growing strength and drug resistance of bacteria.  In Europe, nations are reporting drug resistance of up to 50% with some bacterial infections.  This means that antibiotics used to treat certain bacterial infections are failing half of the time.  Experts cite overprescribing and misuse as major reasons that antibiotics are failing (Reuters, November 17, 2011).

As the European financial crisis continues, rhetoric becomes more pointed and possibilities become more interesting.  A German news source, Der Spiegel, recently proclaimed, “The old EU is Finished.”  The author went on to summarize an interview with Joschka Fischer, former German foreign minister.  Mr. Fischer “wants to see a resolute political body consisting of the leaders of euro-zone countries.

The once close relationship between Syria and Turkey has rapidly deteriorated due to Syria’s continued violence toward its own protesting citizens.  This week, “Turkey… suspended its joint oil exploration projects with Damascus and threatened to cut off electricity supplies to its neighbor in response to the continued violent suppression of Syria’s popular uprising” (Deutche Welle, November 16, 2011).  The Arab Spring has slipped out of view of some media sources, but civil unrest and violent government crackdowns are still ripe in Syria.