The dominoes in Europe are falling — at least that is one interpretation of the latest Standard & Poor’s outlook on the government bonds of Belgium. The ratio of debt to GDP in a European nation that was a founding member of the European Common Market and whose capital, Brussels, is the home of the European Union headquarters, NATO headquarters, and is in many ways the symbolic “center” of unified Europe is almost 100 percent. Which means that if the entire wealth of the nation were devoted to paying the national debt for an entire year, it could not do so (an analogy for consumers might be that if the family’s credit card debt was greater than the entire income of the family for one year.)
Following the release of a series of State Department cables that unveiled Russia's support of international terrorism, WikiLeaks has yet again released a cadre of cables that further place Russia under the veil of scrutiny regarding its activities in Tajikistan.
After two bombs were detonated in downtown Stockholm over the weekend, killing the man suspected of the attack and injuring two others, investigators from several countries are trying to determine whether the suspect had accomplices in Sweden or abroad. So far, experts are divided on the question.
The United Nations' "One UN Joint Program" has been a total failure in Pakistan owing to mismanagement and the apparent appointment of incompetent staff at the key administrative posts.
The exodus of Iraqi Christians, which has been underway since the U.S. invasion in 2003, continues unabated, and may even be accelerating. As reported previously by The New American, the massacre that took place at a Baghdad Church on October 31 of this year has heightened the sense within the Christian community that the Iraqi government will not take the steps necessary to defend them from the terrorism of the Jihadists.