The greatly delayed and infinitesimally small credit rating downgrade of the U.K.'s debt by Moody's Investors Service caused nary a ripple in bond markets, as Britain's welfare state continues to rack up unsustainable debts.
Even as the European Union continues to pursue ever-closer “integration” in the name of “global governance,” Obama is now working to form a “Trans-Atlantic partnership” between the U.S. government and the EU under the guise of a so-called “free trade” agreement. Formally announced in the United States during the president’s State of the Union address, the highly controversial deal — a scheme that has been under discussion since before the current administration came to power — is expected to take at least 18 months to complete. It also has the backing of both Big Business and Big Labor.
Russia's presidency of the G20 nations for 2013 has opened the way for a dangerous series of programs to advance the "convergence" agenda — the economic, political, and social merging of Russia and China with the West.
Speaking at the United Nations Conference on Disarmament in Geneva on February 19, North Korean diplomat Jon Yong Ryong threatened South Korea with "final destruction.”
The transformation of Latin America into a communist region received a boost from the recent reelection of President of Ecuador Rafael Correa, a leader in the São Paulo Forum, a revolutionary Marxist alliance.