August 29, 2014
Many U.S. officials fear the Islamic State of Iraq and Syria is planning to attack the United States by crossing the porous southern border with Mexico. Texas Gov. Rick Perry has already warned that the militants probably are lying in wait in some U.S. border towns. Mexico dismisses the talk as “absurd,” but it does so little to police its own border that three Ukrainians with long criminal records easily walked into Texas recently.
New Nightmares: ISIS Crossing Border; Sleeper Cells in US
Members of the Islamic State of Iraq and Syria and Jabhat al-Nusra pose on a road in northern Iraq. (Getty Images)
NATO Adrift as Russia, Islamic Terrorism Tops Summit Agenda
August 25, 2014
Next week’s NATO summit will be dominated by the crises in Ukraine and Iraq, but it is unclear that the 28 member-nations will reach a consensus on critical security risks. The United States remains NATO’s most influential member but in recent years has exercised little leadership, resulting in an alliance adrift.
Global Real Estate a Better Deal Than Government Bonds
August 25, 2014
Special Economic Analysis
by Peter Warburton, PhD

These days most investments earn very little income: the interest rate on bank deposits is paltry and the yield from 10-year U.S. government bonds has fallen back to 2.4 percent, after surging ahead last year. The search for yield has intensified as retirees and many others look to derive more income from their savings without putting their capital at risk. While government bonds are traditionally a safe asset, this description may no longer be valid because of the artificial demand that has been created by the U.S. Federal Reserve. In this world of shrinking yields, real estate investments have begun to look extremely attractive.

New Protests Open Old Political Wounds in Pakistan
August 22, 2014
Pakistan is veering toward another political crisis as thousands of protesters call for the resignation of Prime Minister Nawaz Sharif, while two leading opposition leaders accuse Sharif of rigging last year’s election that brought him back to power. Pakistan’s troubled political history is replete with similar crises, as the civilian leadership has sparred routinely with the military over who will control the government.
For British Defense Industry, Trade Trumps Principles
August 22, 2014
Heard in London
by Jeremy Bradshaw

Relations between London and Moscow may be strained over Ukraine, but that hasn’t stopped the British defense industry from selling more than $200 million in arms to Russia, a new parliamentary report on arms exports revealed.
ISIS Looks for Propaganda Coup From Beheadings
August 22, 2014
Press coverage of the horrific execution by the Islamic State of Iraq and Syria of photo-journalist James Foley has focused on the terrorist group’s claim that it killed him in retaliation for recent U.S. airstrikes. But the most important reason ISIS cut off Foley’s head was likely to score a propaganda victory to recruit radicalized Muslims from around the world to join its fanatical Islamist cause.
Syrian Rebels Facing Defeat in Leningrad-Type Siege
August 21, 2014
Syrian rebels are facing their biggest challenge of the three-and-a-half-year civil war in a battle that could determine the fate of the revolution and close the books on the Free Syrian Army. Regime forces and the sinister terrorist army of the Islamic State of Iraq and Syria have almost surrounded Syria’s largest city, Aleppo – setting the stage for a horrendous siege and blockade not seen since World War II.
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