Self-identified communist activists have claimed responsibility for a bomb explosion at 9:00 a.m. Thursday which caused only minor damage at the four-star Morosani Posthotel in Davos, Switzerland, a few hundred yards from where company heads, central bankers, and politicians are meeting at the World Economic Forum.
In what has been described as “the first sale to Russia of such technology by a NATO country,” French President Nicolas Sarkozy announced Tuesday that France had finalized and signed an agreement with the Russian Federation for the purchase of four Mistral class amphibious assault ships to the Russian Navy.
Italy’s notorious communist terrorist group the Red Brigades has sent a string a letters with bullets threatening various public officials in Italy, according to the Italian press agency Adnkronos.
The financial crisis which has been pulling eurozone nations such as Greece and Portugal into a downward spiral of high interest rates on government debt and inability to repay loans has rippled throughout many medium-sized European nations as well. Belgium and Spain are facing growing problems that may require a bailout from the European economic community. The European Union's rationale for bailing out member nations has been that it was to maintain the stability of the single currency, the euro, and to keep free trade within the community.