John J. Xenakis

Latest News

World View: Eurozone Plummets into Deflation

The eurozone consumer price index (CPI) inflation rate fell to 0.8% in December, continuing a long string of steadily decreasing month after month inflation rate reports. The "core inflation rate," which excludes food and energy and so is less volatile, fell to 0.7%. Jan 9, 2014 1:29 PM PT

World View: The 'Battle of Fallujah' Begins in Iraq

Iraqi army troops are massing around the city of Fallujah in Anbar Province in Iraq in preparation for an attack to retake Fallujah from the forces of Al-Qaeda in Iraq and Syria/Sham/theLevant (ISIS or ISIL), after the latter captured Fallujah and parts of Ramadi last week. Jan 8, 2014 5:09 AM PT

World View: Thailand's Elite Minority Seeks to Shut Bangkok Down

Anti-government protesters led by Suthep Thaugsuban of the "People’s Democratic Reform Committee" are planning a massive rally to shut down the city of Bangkok, Thailand, next week on Monday, January 13, in an attempt to gain control of the government. Jan 6, 2014 2:15 AM PT

World View: Russia Takes the Lead in Foreign Policy for 2014

In 2011, Russia was very unhappy that they'd abstained in the U.N. Security Council resolution allowing military action in Libya, because they felt that the U.S. and Nato had taken advantage of the situation to go much farther than they had said they would. Jan 1, 2014 3:21 AM PT

World View: Another Volgograd Explosion Throws Russia's Sochi Olympics into Doubt

Twenty-six Palestinian prisoners were released from Israeli jails in the early hours of Tuesday morning, the third batch of a total of 104 prisoners who committed terrorist acts prior to the 1994 Oslo accords, and are to be released according to rules for the current "peace process" negotiations between the Palestinians and Israelis. Dec 31, 2013 2:41 AM PT

World View: Saudi Arabia Pledges $3 Billion to Lebanon's Army

A couple of days after the murder of moderate Sunni leader Mohammad Shatah in the heart of downtown Beirut, Saudi Arabia is pledging $3 billion for the Lebanese army. In the same announcement, France's President François Hollande is offering to sell to Lebanon's army any weapons it wishes to buy. Dec 30, 2013 7:16 AM PT

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