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    Libya: Stolen Oil Requires U.S. Military Intervention

    In the most recent episode of insecurity in Libya, a rebel militia hijacked a Libyan oil vessel and transferred it to an unauthorized oil tanker. The eastern Libyan rebel militia led by Ibrahim Jathran has successfully maintained control over some of Libya’s oil terminals since July 2013, but until last … More

    EU Finally Begins to Take Hezbollah Threat Seriously

    Yesterday, the European Union finally reached the necessary consensus among its 28 member states to list Hezbollah’s “military wing” as a terrorist organization. The decision comes after many months of impasse and indecision, the byproduct of the EU’s required unanimity coupled with a concern among some European nations that the … More

    Europe Must Confront Hezbollah’s Growing Threat

    Hezbollah, a Lebanon-based Shia terrorist organization, engages in numerous illicit activities around the world, particularly in the Middle East, Europe, South America, and the United States. A close observer of Hezbollah, the Washington Institute’s Matthew Levitt, discussed how Hezbollah’s criminal network is expanding: An extensive 2011 Drug Enforcement Agency investigation … More

    EU Disconnect on Display in Croatian Elections

    Turnout in Croatia’s first European Union (EU) parliamentary elections on April 14 was a meager 21 percent. The low turnout is just the latest example of the disconnect that exists between EU decision makers in Brussels and average voters in the individual member states. The fact that less than a … More

    Europe Must Face Up to Hezbollah’s Bloody Legacy

    This week, the parliament of Bahrain voted unanimously to declare Hezbollah a terrorist organization. “It is time we join the world in outlawing this group, which has terrorized the region enough and has been instrumental in spreading evil among us,” said lawmaker Shaikh Jassim Al Saeedi, a sponsor of the … More

    Hezbollah Terrorist Conviction in Cyprus: When will the EU Act?

    A Cypriot court on Thursday sentenced a member of the terrorist organization Hezbollah, Hossam Taleb Yaacoub, to four years in jail for planning to attack Israeli citizens and targets in Cyprus. Yaacoub’s conviction a week earlier marked the first time a Hezbollah member had been found guilty in a European … More

    Cyprus Bank Raid: The Decaying Eurozone Is Rotting the European Union

    Today, Cyprus’s banks opened for the first time in more than 10 days, after Cypriot President Nicos Anastasiades—without seeking approval from his parliament—agreed to bailout terms that will raid citizens’ bank accounts. Those banking in Cyprus should not get too excited about the banks reopening. Strict capital controls are in … More

    Cyprus Bank Bailout: Russia Partly to Blame

    As Cypriots come to grips with this week’s agreement to bail out its banks, Russian policymakers need to think about why their citizens are involved in this crisis. Around 40 percent of Cyprus bank deposits belong to Russian individuals or businesses, and accounts with more than 100,000 euros now face … More

    Cyprus: Last-Minute Bailout Doesn’t Address Eurozone’s Underlying Systemic Issues

    A last-minute accord struck early Monday morning between Cypriot authorities and International Monetary Fund and European Union officials is being hailed in Brussels as a breakthrough. In reality, the agreement simply papers over serious structural fractures within the eurozone and is likely nothing more than a temporary solution to long-term … More

    Cyprus: Big Government on a Little Island

    The Cyprus bailout fiasco continues, elevating the four-year-old eurozone debt crisis to a new level of volatility and uncertainty. At the core of the debacle lies the tiny island’s outsized banking sector, which is over eight times the size of the economy. But the third-smallest European Union (EU) member has … More