As reported previously, last year’s financial meltdown in Iceland seemed in many ways to offer a summary of the worldwide economic crisis. Rampant speculation, massive deficit spending, soaring unemployment, bank collectivization, and various schemes that, to say the least, did not seem to be in the national interest, may take on different forms in different countries, but points of familiarity remain the same.
The Council of Europe is set to investigate the World Health Organization’s swine flu campaign this month over allegations of improper influence from pharmaceutical companies in declaring the H1N1 “pandemic” and the promotion of “inefficient” and potentially dangerous vaccination strategies.
Following the failed attempted bombing of Northwest Flight 253 by Nigerian Umar Abdulmutallab — a man with ties to al-Qaeda in Yemen — the United States is asking the Arabian Peninsula nation for help in restricting the terrorist organization’s activities.
Many analysts bemoan the failure of governments at December's UN Climate Change Conference to arrive at a legally binding agreement to rescue the world from alleged pending eco-disaster. But the UN's top climate official claims Copenhagen was, in many ways, a success.
It had been billed and hyped as the "Seal the Deal" summit, a conference that would produce a binding global agreement on greenhouse gases to replace the 1997 Kyoto Protocol. The United States had remained the only major nation that refused to ratify the treaty, and hopes were high in environmentalist circles that President Barack Obama would change that by bringing the United States on board the newer, tougher treaty expected to come out of Copenhagen.