The massacre in the Syrian town of Houla has led to more dramatic diplomatic action on the part of many nations and the United Nations. But Russia remains opposed to any international action, instead blaming the Syrian rebels for the deaths. There do not appear to be any new moves being planned at this time, but Assad clearly now knows that he will be prosecuted as a war criminal when the violence ends. The chances for an easing of the violence therefore seems remote, and humanitarian intervention no longer seems to be a viable policy option for the international community.
A new computer virus named Flame has been identified as the newest virus in cyberwar. It apparently has been around for about 2 years, but is only now being introduced to the world. It joins Stuxnet and Duqu as particularly powerful, insidious, and targeted viruses that could only have been developed by an entity as complex as a nation-state (read, the US, Russia, China, or Israel). This newest military frontier is rapidly becoming the battlefield of choice.
Spain now faces the problem of bailing out its banks on the open market. The European Central bank has refused to participate in the recapitalization so Spain has no choice but to issue new bonds, even though the interest rates on its most recent bonds have come close to 7%. We’ll see how the markets react to this sign of no confidence. It could be very ugly for the Spanish.
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