With Sarkozy Gone And Merkel Weakened, Turks Resume EU Entry Bid

The elections in France ousted from power one of the leading opponents of Turkish accession to the European Union- Nicolas Sarkozy. Although the new French President, Francois Hollande, ruled out ...

Israeli-US Air, Naval Forces Train for Energy War

Israeli, Greek and U.S. forces are in the midst of a drill in preparation for a possible war over Israel’s huge off-shore gas discoveries, which also may contain commercializable oil. ...

Chart: ‘America’s Debt Worse Than Greece’

Thanks to the office of Senator Jeff Sessions (R-Ala), ranking member on the Senate Budget Committee, sends along this shocking chart, showing that ‘America’s Per Capita Government Debt is Worse ...

Why Greece’s Fate Is So Important

We need to follow Greece because their default and withdrawal from the eurozone would set off major consequences to the European Monetary Union, and thus the EU, that are unforeseeable. ...

Eurozone: A Bad Situation Getting Worse

At this point in the Eurozone crisis, the only responsible thing for European leaders to do is to develop contingency plans that will minimize the economic fallout in Europe when—not ...

Despite Austerity Vote, Expectations Rise For Greek Exit

The Greek Parliament was ringed by firebombs, and a venerable movie theater was left a blackened shell. The Greek Prime Minister Lucas Papdemos appealed to the parliamentarians to vote for ...

Kastelorizo – Mediterranean Flashpoint?

by Daniel Pipes National Review Online February 7, 2012 Remember the name Kastelorizo; you heard it here first. It is the far-flung, easternmost island of Greece, 80 miles from Rhodes, ...

The Greek Crisis Resurfaces

The batch of downgrades on European credit, delivered over the weekend by Standard Poor’s ratings agency, prompted angry threats that Europe would have to create its own ratings agencies to ...

How much longer will the Euro survive?

Few things are as galling as being right too soon. Back in 1970, dissident Soviet historian Andrei Amalrik wrote a book boldly called “Will the Soviet Union Survive Until 1984?” ...

Actual Unemployment Rate Is at ‘Great Depression Levels’

U.S. unemployment rates may officially be hovering around 9 percent but in reality, they’re up near the 20 percent levels around the time of the Great Depression, maybe even higher, ...