John J. Xenakis

Latest News

World View: The 'Experts' Scramble to Explain the Stock Market Plunge

I've written a couple of articles in the last four months that the stock market bubble was rising so quickly that it was becoming dangerously parabolic and might collapse at any time. The worldwide selloff during the last week of stocks, bonds and commodities is raising fears that the time is at hand. Jun 23, 2013 1:25 AM PT

World View: China and Philippines Close to Confrontation in South China Sea

U.S. and Philippine warships will conduct a joint naval exercise near islands in the South China Sea that have historically belonged to the Philippines but which are claimed by China as having "indisputable sovereignty" over. Six US and Philippine warships and 1,000 American and Filipino sailors and servicemen will take part in a joint naval exercise in Ayungin Shoal (called Renai Reef by the Chinese) from June 27 to July 2. Jun 22, 2013 11:15 AM PT

World View: Afghanistan 'Peace Process' Continues in Limbo

A meeting between U.S. officials and representatives of the Afghan Taliban had been expected on Thursday in Doha, Qatar, but the meeting has been postponed because the Taliban had portrayed themselves as the government of Afghanistan, thus angering Afghan president Hamid Karzai. Jun 21, 2013 1:20 AM PT

World View: Taliban Prepare for Return of 'Islamic Emirate of Afghanistan'

As U.S. officials were announcing the start of talks with the Taliban, the Taliban themselves were giving a press conference in Doha, Qatar, at the "Political Office of the Islamic Emirate of Afghanistan." This was the name of the country Afghanistan when the Taliban ruled it, prior to September 11, 2001. Jun 19, 2013 2:07 AM PT

World View: Egypt's Morsi Endorses Syria Rebels

Egypt's President Mohamed Morsi announced on Saturday the end of all diplomatic ties with the Syrian regime led by Bashar Al-Asaad, and that "the Egyptian people and army are supporting the Syrian uprising." Jun 16, 2013 11:38 AM PT

World View: Hezbollah Promises to Keep Fighting for Assad in Syria

As we've been reporting, the recent announcement by Hezbollah leader Sayyed Hassan Nasrallah, and his subsequent actions in providing thousands of fighters to help Bashar al-Assad's Syrian army, has resulted in a harsh Sunni/Shia divide throughout the Mideast, with Arab Sunni Muslims vitriolically condemning and threatening all Shias, especially after the stunning al-Assad/Hezbollah victory in Qusair. Jun 15, 2013 6:44 AM PT

World View: Reform Candidate Rouhani Advances in Iran's Presidential Polls

On Friday, voters in Iran's presidential election will have a choice of five hardline candidates, and only one who is considered "centrist" or "reformist." It's a question just how reformist he is, since he's a cleric who's close to Supreme Leader Ayatollah Ali Khamenei. Jun 13, 2013 1:16 AM PT

World View: Deja Vu in Turkey as Riots Threaten Erdogan Regime

What began as peaceful protests by a few dozen people in Gezi Park in Istanbul, Turkey, two weeks ago have now grown to anti-government protests by tens of thousands of people in Istanbul's Taksim Square, with additional protests in cities across Turkey. Jun 12, 2013 1:35 AM PT

World View: Russia Considers Putting Troops on Israel-Syria Border

Russia is considering putting Russian troops into the Golan Heights on the Israel-Syria border as peacekeepers. Russia made the suggestion last week after the Austrians announced that they would pull their troops out of the U.N. peacekeeping force, but the U.N. rejected the suggested because of a 1974 agreement between Syria and Israel that no permanent members of the U.N. Security Council could serve there as peacekeepers. Jun 11, 2013 1:12 AM PT

World View: The Deafening Silence Following the Xi/Obama Summit

Prior to the two-day meeting of China's president Xi Jinping and U.S. president Barack Obama, both of them bubbled with enthusiasm, and talked about a "new model" of cooperation between China and the U.S. Now that's it's over, a U.S. official has described it as "unique, positive and constructive." Jun 10, 2013 2:24 AM PT

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