We haven’t posted many articles lately on the European sovereign debt crisis, largely because there hasn’t been many news reports. The crisis, however, still festers, and European leaders are beginning to pay more attention to a seemingly intractable situation. Greece is ground zero of the crisis, although it is not, by itself, large enough to unravel the European Union. We will be hearing more about how the euro will fare as European leaders return from their summer vacations.
In a move that will rattle both the US and Israel, Egyptian President Morsi has announced that he will go to the Non-Aligned Movement meeting in Iran. Iran and Egypt have not had full diplomatic relations since the Iranian revolution in 1979, and the upcoming visit may signal a warming of relations that will alter the power relationships in the Middle East.
There has been a massive exodus of people from the northeast states of India, as fears of ethnic and religious violence have been stimulated by a number of text messages and web photos. It is not clear that any of these rumors have any basis in fact, although there has been violence in that area of India recently. But the number of people fleeing the region is staggering, and we should worry about the volatility of people’s perceptions. It is very difficult to get accurate information in such circumstances.
World Politics News 
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