Nothing happens in Europe without German approval. And that is exactly what happened when German Chancellor Angela Merkel’s cabinet approved legislation that would grant the European Central Bank (ECB) the authority to oversee a banking union of the continent’s largest…

It is as if the world is being synchronized through globalization. And big multinational corporations stand to benefit. Both the United States and Europe are simultaneously taking sweeping control of agriculture. President Obama recently signed legislation that places Monsanto and…

The U.S. now has a bunker buster bomb capable of destroying Iran’s underground nuclear site in Fordo. The Wall Street Journal reported that diplomats have shown a video of the bomb to the Israelis and explained the advanced features that…

Tightening their prophetic cooperation, the United States and the Vatican signed an agreement to exchange information to prevent money laundering and terrorism funding. The Vatican is trying to clean up its image with regard to the Vatican bank known as…

Israeli jets twice bombed military targets recently in Syria. The attacks were an attempt to destroy missiles enroute to Hezbollah. About 10 locations were hit. The U.S. White House was “fully supportive of the airstrikes.” After that attack, an Israeli…

When Cyprus went bankrupt, the European Union and the International Monetary Fund required the nation to forcefully confiscate part of the deposits of unsecured depositor’s money. Bank accounts over €100,000 were raided to help pay for the national rescue. The…

Delaware has become the 11th state to legalize same-sex marriage. The new law will take effect July 1, 2013. Delaware has an existing civil unions law. All civil unions will be converted to marriages over the next year. The new…

Hungary has a political movement called Jobbik, which styles itself as fighting crime, particularly “Gipsy crime.” It is the third largest political party in Hungary and has 47 seats in the 386 member parliament. Jobbik has taken over the town…

The Archbishop of Newark, New Jersey, John J. Myers, is being criticized for mishandling a priest who “attended youth retreats and heard confessions of minors in defiance of a court-ordered lifetime ban on ministry to children.” Parishioners at St. Mary’s…

For the first time, a Roman Catholic Church official has been convicted in the United States of covering up sex-abuse claims against Roman Catholic priests. Monsignor William Lynn, 61, the former secretary for clergy at the Archdiocese of Philadelphia, was…

Enrico Letta, 46 is Italy’s new premier (prime minister) after a bitter political stalemate in recent months. Tasked by the President, Giorgio Napolitano, 87, with forming a coalition out of bitter rivals, Letta is viewed as a bridge-builder between political…

Canada is pushing forward with its “MintChip” program to replace cash transactions with digital transactions. The new technology is aiming at small transactions under $10, especially coins, which is where most cash transactions take place. Canada is the only nation…