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...optimal economic solution would be a fully integrated fiscal system in which a central European government made decisions in a structure similar to the U.S. Thus, monetary and fiscal policy would be coordinated on the same scope, and Europeans would not have to worry about a single member state bringing down the entire economy, just as no one worries about California’s fiscal problems hurting the stability of the dollar. European countries, accustomed to full sovereignty, are used to full independence, and therefore an intermediate step to fiscal and political integration might be the creation of a European...
...issue. Don't look for Obama to utter "Kashmir" again anytime soon. Still, the U.S. is believed to be a key player behind the scenes in pushing for the talks, and New Delhi will be listening closely for public and private statements from Senator John Kerry and Secretary of State Hillary Clinton evaluating its progress...
Iran is gloating now that it has seized its public enemy No. 1. On Feb. 22, Iranian agents allegedly intercepted Abdolmalek Rigi, leader of Jundallah, a Sunni extremist group that has waged a low-level war against Tehran for the better part of a decade, killing hundreds. According to state media, Rigi, 27, was on a flight bound for Bishkek, Kyrgyzstan, from Dubai when the Iranians forced the plane to land at the Iranian port of Bandar Abbas. A day later, Iran's Intelligence Minister Heydar Moslehi hailed Rigi's arrest as proof of "the power of the Islamic Republic...
...still unclear how exactly Tehran caught wind of Rigi's presence in Dubai. News of the arrest has only been gleaned from accounts revealed by Iranian state-media sources and cannot be independently confirmed. On Feb. 25, Iranian state television broadcast footage of a supposed confession made by Rigi, saying he was flying to Central Asia to meet with American handlers at the U.S.-run Manas air base in Kyrgyzstan. Intelligence Minister Moslehi had already pointed his finger at Washington and the hand of the CIA, claiming to have evidence that Rigi was earlier housed at a U.S. base...
Tehran and Islamabad had largely cordial ties until Iran's Islamic Revolution in 1979. By the 1990s, they found themselves facing each other across a post-Cold War battle line as Pakistan built up the Afghan Taliban, whose Sunni puritanism grated against Iran's state Shi'ism. Following the U.S. invasion of Afghanistan in 2001, Islamabad allowed the U.S. the use of two military bases in Pakistani Baluchistan for counterterror operations. This predictably drew Iran's ire and deepened its fears of external forces conspiring to undermine its interests both at home and in Afghanistan...