I am afraid a lot of the postings for the next few days will be on the economic crisis in Europe. Matters are building to a head as banks are becoming increasingly concerned about the high possibility of a Greek default. Many are convinced that the Greeks will leave the eurozone. That event is not in and of itself a major catastrophe. The concern is that people who have money in Greek banks will send their money out of the country. That flight will lead to the collapse of Greek banks. And the collapse of Greek banks will lead to a run on other European banks. So anxiety is building.
As the fighting in Syria continues, there are a number of different interpretations for the continued inaction by the international community. The Russian press has an interesting take on the situation, one which emphasizes the desire of the US to increase its influence in the region.
The trial of Ratko Mladic is finally underway in the Hague. Mladic is accused of some of the worst atrocities in the Bosnian conflict, including the massacre of men and boys in the town of Srebenica. The trial is long overdue and the world will finally gain some insight into how these atrocities were allowed to happen.
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