Yemen’s Renewed ‘War on Terror’

May 30, 2012 by

Yemeni forces continue to push against fighters affiliated with al-Qaeda. Their major victories come on the heels of the inauguration of Abd Rabbuh Mansur al-Hadi, who is now entrusted with the task of leading the country through a peaceful transition. A new constitution and presidential elections are expected by 2014. Faced with the most strenuous of circumstances the youth of Yemen have successfully managed to introduce a hopeful chapter to an otherwise gloomy modern history.

Another One Bites the Dust: The ECB Pours Cold Water on Bankia Bailout Solution

May 30, 2012 by

It might seem strange to invoke Freddie Mercury and Queen in the context of the eurozone, but it’s the first thought that springs to mind, as Brussels and the increasingly hapless ECB, continue to mismanage their way to financial and economic catastrophe. Yesterday, there were sigs that the Spanish plan to recapitalise Bankia (which came with the implied backing of the ECB’s balance sheet) introduced a potential way out of the eurozone’s metastisizing banking crisis.

Syrian Regime Change and the Kurdish Problem

May 30, 2012 by

If Assad loses control of his armed forces and the regime loses its legitimacy as the expression of Syrian nationalism, the ingredients don’t seem there for a Lebanon-style civil war with local proxies armed by regional or global actors. That’s because I don’t think that Russia, China, or even Iran see any upside in arming some Ba’ath regime generals of primarily Alawite backgrounds trying to beat back an insurrection powered largely by Syria’s dominant Sunni majority.