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 bypass the American ratings agencies. The downgrades made yesterday’s credit and recovery plan calculations obsolete by increasing the cost of borrowing for nine European countries. […]

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Iran Vows Revenge Against Israel, US and UK

Enraged Iranian officials are vowing retaliation against Israel, the US and the UK over the latest assassination of a nuclear scientist, 32-year-old Mustafa Ahmadi Roshan, in Tehran. A former Iranian ambassador who served in Mexico and Italy recommended that an American being held in Tehran be executed in retaliation for the assassination. “The terrorist attack on […]

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US Announces Troop Cuts Limiting US To One Theater Of War At A Time; Abandoning Israel

The new US defense review combines politics, economics and ideology. The decision to make cuts in the US military forces will obviously appeal to President Obama’s base. Obama has announced that the US is ending a decade of war and is effectively going to concentrate on rebuilding the United States domestically. The administration has renounced […]

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Quartet Intervention Doomed

President Shimon Peres says the Quartet’s plan and deadline that expire this month is doomed and that the Palestinian Authority and Israel will return to direct talks. The Quartet told the PA and Israel three months ago to put forth suggestions for two issues: boundaries for a new Palestinian Authority country and security for Israel, a request […]

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2012 Will Be More Difficult Than 2011

Do you believe that 2012 will be more difficult for the global economy than 2011 was?  Well, that is what German Chancellor Angela Merkel believes.  The woman that has become the most important politician in Europe recently declared that 2012 “will no doubt be more difficult than 2011”.  The funny thing is that she has […]

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Report: Qaddafi’s Daughter Seeking Asylum in Israel

The daughter of former Libyan leader Muammar Qaddafi, Aisha, is seeking political asylum in Israel, according to a report on the Intelligence Online website. The report, which was quoted by Yeshiva World News on Wednesday, said that Aisha Qaddafi has hired the services of Nick Kaufman, a former prosecutor assigned to the Jerusalem District Prosecutor’s […]

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