Vladimir KvachkovThe bear continues to rattle as, on December 23, the Russian news agency Itar-Tass reported that a former Russian colonel was “detained on suspicions of complicity in terrorism.” Sources at Moscow’s Lefortovo district court identified the suspect as “Former Colonel of the Russian Military Intelligence Service (GRU), Vladimir Kvachkov” and told Itar-Tass that Col. Kvachkov “is suspected of complicity in terrorism and plans to organize an armed revolt.”

hammer and sickleBack in 1991, as newspapers around the world heralded headlines that read “Communism Falls” and the “End of Communism,” Gus Hall, the then-head of the Communist Party USA, quoted Communist Manifesto co-author Friedrich Engels saying: “If current events are negative, focus on the long-range.” Hall passionately declared “Communism is not dead.”

Nigerian hospitalEven as Christians in Iraq cancelled church services at Christmas for fear of further Islamic terrorism against their dwindling community, Muslims in Nigeria carried out a series of bombings targeting the Christians during this holy season.

christian In Baghdad, the dwindling remnant of Christians will observe the Feast of the Nativity this year in the knowledge that for many of them it may be their last such observance in their native land.

Several weeks ago, Greece was on the point of collapse and the European Union needed to bail out the government. In November, Ireland, once the economic dynamo known as the “Celtic Tiger,” needed a bailout of its banking system. Earlier this month, it appeared as though Belgium might be the next domino in that economic house of cards which is the European Union. The Euro itself is viewed as facing grave, perhaps insurmountable, problems. Spain and Italy are in serious trouble. Now things seem to be coming to a head. Greece, as reported here by Brian Koenig, faces a downgrade of government bonds from the Ba1 rating by Moody’s Investor Service. The confidence level that investors have in the new Greek government appears very low.

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