U.S. financial regulators have now approved the Volcker Rule, despite intense sustained opposition from powerful banking lobbyists. This confirmation reflects the profound sustained efforts of Paul Volcker, who served as Chairman of the Economic Recovery Advisory Board during President Obama's first term.
North Korea's official source of information and incendiary insults, the Korean Central News Agency, announced on Friday that the regime had executed the uncle of leader Kim Jong Un.
The international agreement to restrain Iran's nuclear program has generated anxiety in Israel, and elsewhere. Middle East uncertainty underscores the growing importance of Turkey, a democracy with strong ties to both Iran and the West.
China has made an ominous move in claiming sovereignty over the air, and the Obama administration has appropriately responded with B-52 bombers. The unfolding conflict highlights the dark side of the Beijing regime, and reminds us all that growth of investment and trade has not removed political conflicts and military dangers.
Shortly after the assassination of President John F. Kennedy in Dallas on Nov. 22, 1963, CBS commentator Eric Sevareid noted the principal legacy of the murdered leader might well be an 'attitude,' a contagious spirit that all things are possible if only we have the vision and will.
On Nov. 1, a United States drone strike killed Hakimullah Mehsud, notorious leader of the Taliban in Pakistan. He has been a priority of the Pakistan as well as U.S. governments for initiating many terrorist attacks, including a December 2009 Afghanistan bombing which killed Americans.
2013/11/10, 1 Comment
Director of National Intelligence James Clapper took a hard line on Oct. 29 in testimony before the Intelligence Committee of the U.S. House of Representatives. He argued that alarm over electronic monitoring of foreign leaders and vast numbers of citizens is misplaced.
The United States may have averted a debt default, and ended the federal government shutdown, but costly political reverberations continue. The experience of Democratic and Republican leaders frozen in unmoving partisan positions has been unnerving, abroad and at home.
The maneuvering by Chancellor Angela Merkel and other senior politicians in Germany to form a viable new government is important for Europe, and beyond. Unfortunately, the alarming partisan budget standoff in Washington D.C. has been preoccupying most related media attention.
Considerable news has been generated by United States military strikes in two countries of Africa, while less commentary is resulting from the passing of a major military leader in Asia, but the two stories are related. Regarding war and revolution, fundamental lessons are enduring.