Two years ago, tragedy struck Poland when a plane carrying the Polish president and 95 other people crashed in eastern Russia. Although some suspected foul play on the part of Russia at the time, there had been little evidence to back this up and the consensus holds that the crash was just an unfortunate accident. […]

The new Greek coalition government of left-wing and right-wing moderates hasn’t exactly lived up to its (very low) expectations. Greece has repeatedly failed to meet its debt targets (which, admittedly, were seriously flawed to begin with), and it has done little to sort out the, um, byzantine regulations that are strangling businesses and stymieing the recovery. Worse, […]

Saudi Arabia wants to establish a “private court” in London to try major commercial cases involving foreign investors under English law. The Saudis apparently believe that this will step up foreign investment in the the country because foreign investors do not trust sharia-based law or the integrity of Saudi courts.In itself, this seems like an excellent […]

Regular readers know that we’ve never been optimists about the results of President Obama’s decision to wage an air war in Libya against the Qaddafi regime. The consequences of the war have more than justified our concern; this story in the FT, about the ongoing tribalist chaos around the town of Bani Walid, only underlines the […]

The Israeli police department has been hacked. Its servers have been disconnected from the Internet since last Thursday as it investigates the attacks.The attack itself was not terribly sophisticated. It took the form of an infected email attachment that copied itself across the network and presumably broadcast sensitive information back to its source. But an […]

Both sides of Syria’s civil war have been fortified by foreign fighters, including Chechens, Libyans, and now Iraqis.Iraqi Shiites are making their way to Syria to fight for the Assad regime. Iraqi Sunnis are fighting on the side of the rebels. Convoys of Iraqi buses ferry weapons to both sets of fighters. Armed Iraqi “pilgrims” […]

Sandy’s impact on New York City may not be limited to lost lives, destroyed property, and hobbled infrastructure. By flooding the subways, the storm may force the city’s formidable rat population above ground.How big is the city’s rat problem in the subways? This big (h/t zerohedge):[yframe url=’https://www.youtube.com/watch?v=7cFxfuu87jc’]And as you shudder at the footage of that […]

California’s pension crisis is metastasizing. Last week we noted that the California public pension fund CalPERS was at loggerheads with the city of San Bernardino, which was using its bankruptcy filing as grounds to default on its obligations. This week, CalPERS sued the city of Compton, which owes $2.6 million to the fund. One detects its […]

The G-20 continues to fade as a serious arm of global governance: Tim Geithner says he won’t be attending the next meeting, the WSJ reports: The U.S. Treasury secretary Tim Geithner will skip a meeting of the world’s top finance officials in Mexico City next week, according to Treasury Department plans released Monday. One of […]

We know what you’re thinking, but the headline above isn’t meant to refer to that guy—you know, the guy with the “bunga bunga” parties and underage models. No, this is another Italian comic, Beppe Grillo, whose Five Star Movement is shaking up Italian politics in a big way. The FT reports: A new anti-establishment party […]