Europe gets the prize: Sixty years of peace, if not prosperity

Europe gets the prize: Sixty years of peace, if not prosperity

John J. Metzler UNITED NATIONS — The European Union, the concert of 27 countries ranging from the Bay of Biscay to the Baltics and the Balkans has been awarded the Nobel Peace Prize in Oslo, Norway. Some may smile, others may smirk, and many, when they think about it for a second time, may say […]

Demise of the West: Waiting for Act II, but the stage is empty

Demise of the West: Waiting for Act II, but the stage is empty

Special to WorldTribune.com By Gregory Copley, Global Information System It would be a mistake to think that the Western economic crisis is being managed toward a successful conclusion; that perhaps it can escape from disaster. Rather, most Western societies have moved closer to the brink of economic — and therefore political and social — instability […]

Global economics and the future of the planet

Global economics and the future of the planet

Sol W. Sanders   [See Archive] You don’t have to be a determinist — believing as orthodox Marxists, all life’s decisions lie in the stomach — to occasionally believe overwhelming national and international economic movements will likely determine the future. But it sometimes helps. The thought comes after reading an analysis by Swedish Anders Aslund, […]

Turkey warns Israel, Greece offshore energy exploration

Special to WorldTribune.com ANKARA — Turkey has threatened to sanction companies that participate in energy exploration or development for the Republic of Cyprus. Officials said the government of Turkish Prime Minister Recep Erdogan would ban any foreign company that helps the offshore energy exploration project of the Republic of Cyprus. Turkey has warned that it […]

The coming train wreck

The coming train wreck

Sol W. Sanders   [See Archive] Resembling a huge 74-wheeler packed with unassembled goodies, the U.S. is stranded on the world economy grade-crossing with the Euro express gathering speed as it tears down the Trans-Atlantic financial tracks for a seemingly inevitable collision. A police report written by patronizing Harvard economists some time in the dim […]

Greece calls new election, slides toward chaos

Greece calls new election, slides toward chaos

Times247.com Greece abandoned a nine-day hunt for a government on Tuesday and called a new election that threatens to hasten the nation’s slide towards bankruptcy and a future outside the euro zone. … A second election is expected to produce a similarly divided parliament, with opponents of the EU/IMF rescue consolidating their gains and raising […]

Somali pirates hijack first oil tanker near Oman in over a year

Somali pirates hijack first oil tanker near Oman in over a year

Special to WorldTribune.com ABU DHABI — Despite international naval patrols, Somali piracy continues in the Gulf region. Somali pirates hijacked an oil tanker in the Arabian Sea 630 kilometers from the coast of Oman on May 10. The Liberian-flagged Smyrni, operated by a Greek company, was carrying 135,000 tons of oil and said to have […]

End of Atlanticism and the rise of Germany: The West looks East and yields to unelected bureaucracies

End of Atlanticism and the rise of Germany: The West looks East and yields to unelected bureaucracies

Special to WorldTribune.com By Gregory Copley, Global Information System Europe is at a pivotal point. Or, rather, it is at a point where its structural transformation can no longer be ignored. Events in Europe have finally led us to the dénouement of the 20th Century. It may presage a new Europe tied more firmly into […]

France’s pendulum swing to the left jolts a continent’s fault lines

France’s pendulum swing to the left jolts a continent’s fault lines

John J. Metzler UNITED NATIONS — Tone, tenor, and style separate Nicolas Sarkozy from Francois Hollande as much as clear political ideology divided the two contenders for the French presidency. But sentiments like voter discontent, backlash and anti-austerity describe the mood French voters were in when they elected the Socialist candidate. Francois Hollande’s victory with […]

Greece enters into ‘strategic alliance’ with Israel

Greece enters into ‘strategic alliance’ with Israel

Special to WorldTribune.com WASHINGTON — Greece has reported forming a strategic alliance with Israel. Officials said Athens and Jerusalem launched strategic cooperation over the last year. They said the cooperation included military exercises, strategic dialogue and intelligence exchanges on regional threats. “This is a strategic alliance,” Greek Defense Minister Dimitris Avramopoulos said. During a visit […]