Iran and Saudis Acting Out Ancient Messiah Prophecy?
Jews familiar with an ancient compilation of Haggadic exegesis called Yalkut Shimoni noticed in recent weeks that current tension between Iran and Saudi Arabia matches a prophecy it contains regarding the year in which the Messiah – the King who redeems Israel and the world – is to appear. In particular, the recently revealed Iranian […]
India Reports Sharp Contraction in Production as Exports to West Lag
Given the economic stagnation in the West, the tendency has been to regard Asia as the supplier of growth engines. Unfortunately China has reported a slowdown and now India is joining suit as the global crisis is depressing demands for Indian exports. Indian manufacturing and export has contracted for the first time since 2009 and […]
Jordan Warns Israel: Don’t Touch Mughrabi Bridge (Rambam Bridge) That Connects to Temple Mount
Jordan’s foreign minister warned Israel on Friday not to demolish the Mughrabi Bridge which links the Western Wall to the Temple Mount. Speaking in an interview on the Arabic-language Al-Rai network, Foreign Minister Nasser Judeh said, “Jordan rejects any Israeli attempt to influence the holy sites in Jerusalem and the character and heritage of the […]
Saudi Authorities Behead Woman for ‘Sorcery’ Under Islamic Shari’a Law
A Saudi woman was beheaded Monday after being convicted of practicing sorcery, which is banned in the ultra-conservative kingdom, the Interior Ministry said. Amina Bint Abdulhalim Nassar was executed in the northern province of Jawf for “practicing witchcraft and sorcery,” the ministry said in a statement carried by SPA state news agency. Bin Salim was […]
Turkish President Slams Israel, Hails Hamas
Turkish president Abdullah Gul on Sunday said Israel should take advantage of the changes in the Middle East to achieve peace with the Palestinian Authority and the entire Arab world, the Turkey-based Today’s Zaman reported. Speaking upon his return from Vienna, where he snubbed an official lunch on Friday because of the presence of Defense […]
50,000 Protest Putin’s Rule in Moscow – Can They Stay United?
Although the postelection demonstrations in Russia came as a surprise, if I were a betting man (without offering a $10,000 wager a la Mitt Romney), I would still put my money on Putin and company in the intermediate term. Some analysts point to the rise of a Russian middle class that seeks to achieve participation […]
What did Israel Get for Disengagement from Gaza? 10,000 Missile Strikes
Defense Minister Ehud Barak alluded to the 2005 Disengagement from Gaza Sunday as he warned that Israel would strike back at terrorists there. “Since Friday, about 36 missiles have been fired from Gaza at Israeli communities,” he said in a speech at the World Policy Conference in Vienna. “Israel will know how to defend itself […]
Ambassador Prosor: I Warned About Iran in 1998
Israel’s Ambassador to the United Nations, Ron Prosor, spoke at a recent event of Maagalim, an organization that helps disadvantaged youths. During his talk, Prosor spoke about the challenges Israel currently faces, as well as about the difficulty of being an Israeli ambassador in the UN. “Coming to the United Nations you really feel sometimes […]
Gingrich Discusses Muslim Palestinians and Obama: Barack Diplomacy ‘Favoring the Terrorists’
GOP presidential hopeful Newt Gingrich has gotten himself into hot water with the Arab world, and with the Palestinian Authority over an interview he gave to The Jewish Channel. Gingrich last week told the Jewish cable television station that the claim of Palestinian Authority Arabs to be “a people” is not legitimate, and that diplomatic […]
Canada Bans Face Coverings for Citizenship Oath
New Canadians will have to remove garments that cover their faces when undergoing an oath of citizenship, Immigration Minister Jason Kenney said Monday. The minister told a news conference in Montreal that the ban includes the Islamic niqab or burqa. It takes effect immediately. Kenney said there have been complaints that it is difficult to say […]
Another Free-Money Report
Because the concept of opportunity cost is fundamental to all of economics, it is covered in the first chapter of every principles-of-economics textbook. Opportunity cost tells us what we give up when make decisions on consumption and production. There are no free lunches. In spite of the universal agreement on the importance of opportunity cost, […]