John J. Xenakis

World View: U.S. Sends More Troops to Jordan After Threat from Syria

The U.S. has informally had special forces in Jordan for the last year, assisting the Jordanian forces. On Wednesday, the U.S. announced that it would create a more official military presence in Jordan -- the first formalized ongoing presence of an American military unit in Jordan for many years -- deploying 200 troops to the country. 18 Apr 2013

World View: Germany's Economic Experts Consider Wealth Tax to Fund Bailouts

Germany's council of economic experts, known as the "Five Wise Men," is considering a plan to raise bailout money by large increases in real estate taxes on property. The Europeans have been looking for ways to fund bailout programs, and in Cyprus it was done by confiscating 60% of bank accounts above 100,000 euros. 17 Apr 2013

World View: John Kerry Says North Korea's Rhetoric Is 'Unacceptable'

The U.S. has been calling North Korea's actions and rhetoric "unacceptable" for years, so much so that saying it again is just a joke. So, why would a missile test be a "huge mistake"? Does anyone really believe that the North Koreans care if they're "further isolated"? 13 Apr 2013

World View: Cost of Cyprus Bailout Explodes Upward to 23B Euros

The cost of the bailout of Cyprus, which had originally been estimated at 17 billion euros, has now surged to 23 billion euros. In the previous deal, the Europeans would provide a 10 billion euro loan, and Cyprus would supply 7 billion euros, mostly by confiscating 60% of bank deposits about 100,000 euros. 12 Apr 2013

World View: Japan Deploys Anti-Missile Systems After North Korean Threats

North Korea's shrill, belligerent threats continued on Tuesday, as the government warned all foreigners to leave the country immediately because of an approaching war. Nobody really has any clue what to expect from the North Koreans in the next few days, but the hope is that it won't be anything worse than a new missile test. 10 Apr 2013

World View: Greece May Demand 162B Euros in WW II Reparations from Germany

A top-secret Greek report has been partially released to the press, and it comes to the conclusion that Germany owes Greece as much as 162 billion euros in World War II reparations. According to the report, "Greece never received any compensation, either for the loans it was forced to provide to Germany or for the damages it suffered during the war." 9 Apr 2013

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