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In 2007, the New York Stock Exchange (NYSE) bought the European Stock operator Euronext. Now, Deutsche Börse, the German Stock market, is in “advanced talks” to purchase the NYSE. This deal will require approval by both the United States government and the European Union.
The UN food agency has announced that the drought in China could place that country’s winter wheat crop in jeopardy. Experts warn that if much of the crop fails it could lead to social unrest like that in Egypt and Tunisia (Associated Press, February 8, 2011). Currently, the UN Food and Agriculture Organization believes that more than two-thirds of China’s wheat...
EU officials working in Palestine recently “proposed that EU officials should be present at the site of imminent house demolitions or evictions and intervene if non-violent Palestinians face arrest in East Jerusalem, according to a new confidential report.” “The Consuls-General—who are the ambassador-level representatives to the Palestinian Authority—suggested...
George Friedman, geopolitical author and founder of STRATFOR has released his most recent book: The Next Decade. In the “Author’s Notes,” Mr. Friedman makes the following observation, contrasting America as a Republic and an Empire: “I have spent a great deal of time thinking about the relationship between empire and republic, and the only conclusion I have...
Flour and salad oil prices have doubled in Algeria in the last couple of months. Although official government statistics place unemployment in the nation at about 10%, independent organizations place it closer to 25%. The result of increasing unemployment and increasing food prices has been rioting. Hundreds of people throughout the nation, mainly youth, have...
Rapidly developing events in the Middle East have placed Israel in a precarious position. On January 12, the pro-Western government of Lebanon collapsed, when ten Hezbollah ministers and the State Minister resigned. Subsequently, a Hezbollah-backed Prime Minister was selected who is said to be a proxy for Iran (Associated Press, January 26, 2011). This places...
Right on the heels of record rains and widespread flooding that swamped much of Queensland in northeast Australia, Cyclone Yasi—“the worst cyclone in a century” to hit the state of Queensland—tore through the same region causing widespread destruction (telegraph.co.uk, February 3, 2011). In the United States, “a vast winter storm… blasted much of the nation”...
Anticipating that the Muslim Brotherhood (who would revoke Egypt’s peace treaty with Israel) might gain power in Egypt, the Israeli government recently signed a security agreement with Germany. The agreement will expand cooperation in combating crime, terrorism and violent extremism.
Reports from the Middle East note, “There is something happening in the Arab world. A collective voice is being heard again… rarely has there been a moment when the Middle East felt so interconnected, governments so unpopular and Arabs so overwhelmingly agree on their demand for change… The Middle East is being drawn together by economic woes and a shared...
In 2005 a U.S. federal court struck down a motion to teach “intelligent design” along with the federally mandated topic of evolution. Since then, scientists and educators have developed evolution-based curricula to counter the growing movement questioning the validity of evolutionary theory (Education Week, November 16, 2010). In 2008, the Council of Europe “...