Key Indicators of a New Depression

With the mainstream media focusing on the country’s leveling unemployment rate, improving retail sales, and nascent housing recovery, one might think that the US government has successfully navigated the economy through recession and growth has returned. But I will argue that a look under the proverbial hood reveals a very different picture. I believe the […]

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European Immigrants in Marrakech

by Daniel Pipes May 24, 2010  updated May 29, 2010 Here’s a man-bites-dog story, about 8,000 foreigners, mostly Europeans, moving to a city in Dar al-Islam. Amsterdam’s De Volkskrant ran the story by Greta Riemersma under the revealing title, “Has Marrakech sold out to Europe?” Excerpts:  Most of them are entrepreneurs or pensioners who come […]

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Euro and Oil Will Continue to Plunge

By: Dan Weil– The carnage isn’t over for the euro, which has dropped to a four-year low against the dollar, says investment guru Dennis Gartman. Europe’s financial crisis will continue to drive the common European currency down — below $1.20, says the publisher of The Gartman Letter. The euro recently traded at $1.2240. “It’s having […]

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How Islamists Came to Dominate European Islam

by Daniel Pipes National Review Online May 25, 2010  The 7/7 bombings in London, in which Islamists killed 52 and injured 700, prompted British authorities to work with Muslims to avoid future violence.  However, rather than turn to anti-Islamist Muslims who reject the triumphalist goal of applying Islamic law in Europe, they promoted non-violent Islamists, […]

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Turkey Helping Hamas Prepare for Anti-Israel Ships

Turkish aid is instrumental in helping Hamas clean and prepare the Gaza port, in preparation for the arrival of the anti-Israel protest flotilla later this month. Pro-PLO organizations in Europe that have aligned themselves with Hamas are planning a flotilla of aid to the Gaza Strip. The coordinators of what some call the “ship intifada” […]

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Euro Zone May Collapse Within Days

New York University economist Nouriel Roubini says the euro zone’s days may be numbered, and he’s not talking about some day far off in the future. “In a few days, there might not be a euro zone for us to discuss,” he said at a Los Angeles conference sponsored by the Milken Institute, Reuters reports. […]

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In Europe, Remorse Has Turned to Masochism

by Daniel Pipes National Review Online April 27, 2010 “Nothing is more Western than hatred of the West.” So writes the French novelist and essayist Pascal Bruckner in his book La tyrannie de la pénitence (2006), capably translated into English by Steven Rendall and recently published by Princeton University Press as The Tyranny of Guilt: […]

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