Economists like Mr. Weinberg — and a few policy makers as well — are beginning to worry that a danger of deflation in Europe, similar to the one that strangled Japanese growth for most of the 1990s, is a bigger threat than inflation.
Prices fell in Ireland in April, while inflation was below 1 percent [...]
Looking closely at the images of North Korea using the Google Earth web service one can see evidence of not only Prsident Kim Jong-il’s lavish lifestyle but also of the state’s gulags and prison camps. This image shows Kim Jong-il’s Sinuiju house complete with private train station in the bottom right hand corner
The amount of discontent in China is very high. The popping of the housing market bubble could destabilize the current communist government.
The problems in China’s housing market are more severe than those in the US before the financial crisis because they combine a potential bubble with the risk of social discontent, according to an [...]
South Korea broadened efforts Monday to persuade the world and its own public that North Korea sank one of its warships, sharing evidence with Russian torpedo experts and preparing a special briefing for influential bloggers and Twitter personalities.
Today, a large part of the Latin American continent is in danger of collapsing into a situation that fluctuates between totalitarianism and anarchy, between authoritarianism and chaos. The region is also in danger of falling under the strange influence of insurgent and terrorist groups, drug cartels and distant countries that historically have been poles apart [...]
Russia’s aerospace security is in danger. The commander of the Russian Air Force Anatoly Kornukov and the former chief for procurement of the Russian Armed Forces Anatoly Sitnov stated that the military hardware of the Russian aerospace defense system was outdated. The nation’s defense complex, which produces the weaponry for air and space defense, is [...]
Iran has amassed more than two tons of enriched uranium, the International Atomic Energy Agency said Monday in a report that heightened Western concerns about the country preparing to produce a nuclear weapon.
Two tons of uranium would suffice for two nuclear warheads, although Iran says it does not want weapons and is only pursuing [...]
An apparatus that could be used to extract plutonium for an atomic bomb is gone, the United Nations watchdog agency says.
The International Atomic Energy Agency (IAEA) released on May 31, 2010 its latest report on the implementation of NPT safeguards in Iran and the status of Iran’s compliance with Security Council Resolutions 1737, 1747 and 1803.
The following analysis highlights the IAEA’s key findings, including 1) modestly increased production of LEU at the Natanz [...]
For all those that wish to help Israel in the PR war we need you to help now. The Muslims are trying to use the Gaza Flotilla incident to exploit in the propaganda war against Israel.
The Gaza Flotilla was a deliberate attempt to provoke Israel and the intention was to “kill Jews” [...]