For weeks, nations across the world have speculated over a potential Israeli attack on Iran. While there have been a number of indications that Israel could be considering a military strike on Iran, the conjecture has been exacerbated by Israel’s unwillingness to inform the United States of its intentions.
Speculation over a potential Israeli attack on Iran has circulated via media reports and governmental agencies, and was heightened following the release of an IAEA report this week that portrayed Iran as a major nuclear threat. According to a United Kingdom foreign official, an attack on Iran by Israel could take place as early as next month.
“High-profile detainee” and alleged al-Qaeda operative Abd al-Rahim al-Nashiri was arraigned Wednesday before a military tribunal in Guantanamo Bay Naval Station in Cuba.
As the debt crisis in Italy and other European Union countries spirals out of control, reports said the French and German governments have started early discussions on a possible collapse of the single currency. Publicly, however, EU bosses are denying problems and demanding more “integration.”
Gadhafi is now dead. After more than four decades of brutalizing the Libyan people, he died a brutal death. His convoy was hit by NATO bombs as it fled the city of Sirte. Western-backed revolutionaries finished the job, wildly shouting “Allahu Akbar” — usually translated as “God is great” — as they ripped his hair out, smashed his face in, and finally, put the fatal bullet through his skull. American officials celebrated the ghoulish announcement.
Gadhafi was born in 1942 to poor parents outside of Sirte, Libya, a country then ruled by Italy. Raised in a tent, he eventually joined the military. And in 1969, while pro-Western Libyan King Idris was away, Gadhafi led a coalition of military officers in a bloodless coup that abolished the monarchy.
Retired Army General Otto Pérez Molina (left) won Sunday's runoff presidential election in Guatemala, seizing on voters' concerns about growing insecurity in the Central American nation. Pérez led with more than 53 percent of the vote, Guatemala's election authority said. His opponent, businessman Manuel Baldizón, garnered 46 percent of the vote. Both candidates had promised to tackle growing insecurity and the presence of Mexican drug gangs in the country, an area of special concern to the Central American nation, due to its prominence as a key transit point for drugs from South America to the United States.
With yields on Italy’s 10-year government debt rising sharply higher and beyond the seven-percent ceiling deemed unsustainable, Italy is running out of options in finding buyers for its debt. It is also running out of options as a sovereign nation.
While the global powers are speculating over the possibility of an Israeli military strike against Iran, many analysts are saying that such an endeavor would steeply raise the price of oil. As a preemptive attack by Israel — on its own — seems increasingly more likely, oil has already increased $1.17 a barrel to $115.73, the highest price in the last two months.
The downward spiral of the Greek economy — and now likely that of Italy — has led to calls for the European Union to step in and prevent a total collapse. Portugal, Ireland, and Spain — the other three of the so-called PIIGS EU member-states — are enduring their own woes, such as downgrades of sovereign debt and corresponding jumps in the interest rates on government bonds. The cumulative effect — particularly if Italy does suffer a crisis serious enough to reduce its national credit rating to junk-bond status — will ripple throughout Europe and across the Atlantic.