As the conflict over U.S. government-funded interference in Egyptian politics appeared to be easing slightly — travel bans on American “pro-democracy” activists charged with various crimes were just lifted — analysts and officials suggested U.S. taxpayer aid to the dubious regime in Cairo would likely continue to flow.
While Americans are being murdered in Afghanistan after the accidental burning of the Koran and an Iranian general is advocating the destruction of the White House, similar Islamist extremists have gained control of the Egyptian parliament. The Islamist Muslim Brotherhood’s Freedom and Justice Party took 58 percent of the available seats in the upper house of Egypt’s parliament, while the even more extremist Salafist Al-Nour party took a quarter of the seats. In all, more than 80 percent of the contended seats in Egypt’s upper parliament are now in the hands of Muslim extremists. Last year’s “Arab Spring” is now more fully manifesting its true character: the transformation of Egypt into a more stridently Islamist regime.
In the face of escalating sanctions imposed by the European Union and the U.S. government, supposedly related to the Iranian nuclear program, officials in Iran announced that the nation would accept gold and currencies other than the dollar in international trade. China, Russia, India, and other major economies have continued to do business with the Islamic Republic despite the growing Western pressure.
Is the Syrian government of Bashar al-Assad, in the opinion of U.S. officials, a valued ally or a murderous, tyrannical regime? It all depends on which day you ask.
As reported in The New American here, the difference in wages between Chinese and American workers is narrowing rapidly. Part of the reason is that China has passed the Lewis Turning Point.
Borderland Beat reports that Mexico's drug cartels are using Caribbean countries as trans-shipment points for drugs bound for either the United States or Europe. VOXXI (Voice of the Hispanic 21st Century) — a multimedia site for topics relevant to Hispanic Americans — noted that on December 15 analysts with the State Department and the Drug Enforcement Agency, as well as independent analysts, told a Senate Foreign Relations subcommittee on drug trafficking that the Sinaloa Cartel, Mexico's largest and most powerful group, is establishing drug routes with the Dominican Republic as the command center.
JBS CEO Art Thompson's weekly video news update for February 27 - March 4, 2012.
The Group of 20 meeting in Mexico City over the weekend decided that the best course of action was inaction, putting off making any decisions on how to “rescue” the European Union from its financial and economic difficulties until next month at the earliest. The statement justifying kicking the can down the road for another month or so was breathtaking in its obfuscation: putting off any decisions, it said, “will provide an essential input in our ongoing consideration to mobilize resources…” This is how finance ministers and world economic experts explain that, after two days of meetings, the best thing to do was nothing at all.
Despite the widespread hysteria over the potential of a nuclear-armed Iran, American intelligence agencies have still not found evidence that the Iranian regime is actually pursuing atomic weapons, according to recent government assessments cited in news reports and congressional testimony from top U.S. officials.
As Christians around the world pray and wait for word about the fate of Iranian pastor Youcef Nadarkhani, the Obama administration has added its voice to those demanding that the Iranian government release the Christian minister, who was sentenced to death last year for refusing to renounce his faith.