Yesterday, Iranian President Mahmoud Ahmadinejad issued a vague threat against U.N. members that try to enforce the June 9 U.N. Security Council resolution that authorized inspections on Iranian ships and aircraft suspected of carrying prohibited materials for Iran’s nuclear or ballistic missile programs: “You should know whoever takes a decision …
The Washington Post reported today that the International Monetary Fund and various world governments warned U.S. officials years ago that “escalating financial problems” in the United States “had to be addressed quickly to forestall a larger threat to the world economy, but those urgings were discounted.” The Post went on …
Following the passage of the latest round of mild sanctions on Iran, the Obama administration is now seeking to weaken the sanctions passing through Congress. Secretary of State Hillary Clinton met with Sen. Chris Dodd (D-CT) and Rep Howard Berman (D-CA) last Friday seeking to increase the administration’s “flexibility” by …
The US Government looked on in shock this week when Turkey defied its traditional allies including the United States and Israel, and voted against UN sanctions for Iran. Ankara had already tried to stall a fourth round of sanctions by negotiating a flawed nuclear deal with the atomic ayatollahs. U.S. …
There’s nothing funny about the state of America’s finances, or those in even more dire straights in Europe. Greece has lined up a bailout from other European countries and the International Monetary Fund. The European Union has announced a trillion dollar defense fund to ward off attacks on the Euro …
Earlier this month while in Brussels, Vice President Joe Biden told the European Parliament that while “some American politicians and American journalists refer to Washington, DC as the ‘capital of the free world’ … it seems to me that this great city, which boasts 1,000 years of history and which …
An interesting, if alarming Op-Ed in the Washington Times by Ernest Christian and Gary Robbins this week, outlines what is likely to happen due to Washington’s Devil-may-care spending habits. The authors point out that according to the Obama administration’s planned budget, the gross national debt will reach 123% of GDP …
The proposed €110 billion ($140 billion) Greek rescue package announced on Sunday may well not survive the week. Watching public sector workers storming the Acropolis in protest at proposed government spending cuts and tax increases, raises the question of whether the Greek Government itself can survive. Eurozone countries have agreed …
