Russia is starting to open up to better relations with the West, especially a security alliance like NATO because they have common security interests. Russia has finally withdrawn its troops from Georgia, allowing the dialogue to take place. I wonder whether Russia intends apply for NATO membership within a few years.

While many predict that China's economy will overtake ours, inflation has been rising while wages have stagnated, resulting in high food prices, property speculation, and much discontent. It is difficult to say whether the economy is just stabilizing or about to slump.

Deflation has really destroyed Japan's economy. Japan is in even more trouble, especially due to its debt and graying population. Western powers fear that the same fate is in store for them, especially if they are unable to stimulate their economies.

While there is a lot of fraud, there seems to be hope. The two heads of the Independent Election Commission are much less corrupt and plan to throw out nearly a million votes (25% of those cast) to reduce the effect of ballot-stuffing and coercion.

Interesting new development. It seems that the US and NATO have been pursuing peace much more seriously than previously thought. Also, the Taliban denies that any peace talks have been taking place.

An interesting article on European unity (or disunity) and decreasing EU power.

The Tea Party's ideological base - Hayek and free markets. The debate between capitalists and socialists continues.