This Week in the News

We begin by reporting on remarkable events in Europe. Due to a temporary decline of the euro and a surge of the dollar, voices were heard claiming the inevitable break-up of the euro zone. These voices do not understand biblical prophecy. The euro is here to stay, and it is predestined to become the most powerful currency of the world’s most powerful political and military entity. The EU has begun to show its new-found powers, as established in the Lisbon Treaty. In a surprising move which angered the USA, the European Parliament blocked an agreement with Washington on sharing European bank data.

Turning to events in Germany, the country’s coalition government is hopelessly divided. The (correct) position of Germany’s Vice Chancellor on the welfare “reform” is being openly criticized by the Chancellor and other high-ranking officials, and of course by the opposition. Politics can again be seen at its worst.

In the middle of the political turmoil in Germany, the Roman Catholic Church is facing another sex abuse scandal of perhaps historical proportions, while trying to “deal” with the sex scandal in Ireland. 

Focusing on the USA, with much of his legislative agenda stalled in Congress, President Obama is seriously considering using his executive powers in a wide variety of issues. This brings to light the unsettling question as to when democracy ends and dictatorship begins. The U.S. Marines leading one of NATO’s biggest offensives against the Taliban in Afghanistan are facing fierce resistance, and there are different opinions on how much progress NATO has made or will make.

Finally, Saudi Arabia’s foreign minister expressed doubts about the usefulness of more sanctions on Iran over its nuclear program, demanding instead “a more immediate solution,” and Israel finds itself in trouble again with Britain, France, Germany and other nations.

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