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Some politicians claim the U.S. economy is rising from the ashes even while Europe’s financial situation melts down. However, numerous analysts believe more turmoil remains for the United States. In Europe, Britain gives wise financial advice but continues to “borrow” endlessly without fixing its own financial problems. According to one financial analyst, “...
Noted economic historian Niall Ferguson observed in a recent interview that the only real solution to Europe’s financial crisis is a full fiscal union—a true United States of Europe—that would be unquestionably under the leadership of the financial powerhouse, Germany. Ferguson believes Europe could limp along for a while with Greece falling into step with EU...
Tensions in a resource-rich region of central Asia threaten to disrupt a 25-year ceasefire between Armenia and Azerbaijan. The two nations signed a treaty after the Nagorno-Karabakh War (1988-1994). However, in a direct provocation, Azerbaijani troops entered Armenia and killed three out-of-uniform soldiers. An Armenian military source stated, “The killing is...
Recently, a radical Muslim preacher told thousands of Muslim Brotherhood supporters in Egypt, “We can see how the dream of the Islamic caliphate is being realized, God willing, by Dr. Mohamed Mursi [the movement’s presidential candidate]... The capital of the caliphate—the capital of the United States of the Arabs—will be Jerusalem, God willing… Our capital...
The mounting debt crisis in Greece is again prompting talk that Greece will or should depart from the Eurozone! Respected columnist Roger Bootle writes in London’s Telegraph newspaper that Greece’s departure from the Eurozone and its return to the drachma may be the only way for Greece to recover from its insurmountable debt. Returning to the drachma will...
The day after North Carolina approved a constitutional amendment to ban same-sex marriage, Barack Obama became the first U.S. President to publically endorse homosexual marriage (YahooNews.com, May 9, 2012). His comments stirred controversy around the globe.
At a recent Jewish Global Forum meeting in Washington, German Foreign Minister Guido Westerwelle stated, “the international community will block Iran from obtaining a nuclear weapon… The current Iranian nuclear program represents an enormous danger, not only to Israel but to the region as a whole.” Germany, as a northern European nation, has recently become...
This sobering headline appeared recently in a British paper, The Daily Express, as more details emerged from a covert meeting of the Berlin Group. This elite group of nations aims to create a super-president that opponents believe will be “a modern-day equivalent of the European emperor envisaged by Napoleon Bonaparte or a return to the Holy Roman Empire of...
On May 6, 2012 France elected François Hollande as the new president, ousting Nicolas Sarkozy. Mr. Hollande, a socialist, has pledged to reverse the course set by Mr. Sarkozy and German Chancellor Angela Merkel (BBC News, May 7, 2012). France is a leading nation in Europe, but its fluctuating governmental policies may force Germany to assume a more dominant...
Today, it is popular to believe that living together before marriage increases the likelihood of success in a future marriage. In the USA, “the majority of young adults in their 20’s will live with a romantic partner at least once, and more than half of all marriages will be preceded by cohabitation.” However scientific research points to just the opposite! ...