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GreeceLet us be perfectly clear: The fiscal woes of Greece, one of the European Union’s weaker economies to begin with, are quite likely beyond even the abilities of the denizens of Mount Olympus to solve. Greece, a thoroughgoing socialist basket case for decades, is probably going to lead the rest of the soft economic underbelly of Europe — Spain, Portugal, and eventually, Italy – into insolvency, a chain of events that may dissolve Europe’s decades-old experiment in economic unity.

The Pentagon has approved more than $150 million in military assistance to the government of Yemen, more than doubling last year’s budget of $67 million, international news sources reported Tuesday.

Citing a February 24 report from the the Nikkei Business Daily, AFP news reported that Japan has offered to enrich uranium for Iran to allow it to have access to nuclear power, while relieving international fears that the Islamic nation might be trying to build atomic weapons.

In an attempt to increase the size of the Afghan police force to 160,000, the United State military intends to invest more than $600 million to build approximately 200 police stations for the Afghan National Police by 2013.This was announced only days after President Obama signed an executive order establishing a new, bipartisan National Commission on Fiscal Responsibility and Reform.

Following a heated debate and the collapse of the Dutch government over the issue, Prime Minister Jan-Peter Balkenende announced Sunday that the Netherlands’ troop contingent will begin leaving Afghanistan in August.

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