MI5 singles out the credit crunch as a major threat Following on the heels of US intelligence reports, the MI5 UK's domestic intelligence service warned of new major threats spawning from the credit crunch crisis. Jonathan Evans the head of the MI5 said the international recession could be a "watershed moment" which will shift the balance of power away from the West. He said, "Where there have been watershed moments,…

Britain throws more money at fighting Islam in the communities On 10/12/2008 Britain's Home Secretary; Jacqui Smith said that the government's counter-terrorism strategy had to extend to challenging non-violent extremist groups that "skirt the fringes of the law ... to promote hate-filled ideologies". She urged local authorities and the police to tackle extremist groups that were targeting mosques and community centres to create the idea that being Muslim and being…

Latin America: Russia Bolsters ties with VenezuelaTaking advantage of America's waning influence in Latin America, leaders of Russia and Venezuela vowed closer cooperation to establish a "multi-polar" world. The pledge came ahead of planned Russian Naval exercises with Venezuela. Speaking about the closer military cooperation Russian President Medvedev said, "is not a market relationship or aimed at any other state but is based on partnership ... It should strengthen multi-polarity…

Obama chooses Muslim haters as his advisorsRecently Obama's appointment of Rahm Emanuel as Chief of Staff has raised consternation amongst Arab nations. Emanuel is an avid Israeli supporter. He holds an Israeli passport and joined the Israeli army reserve during the first Gulf War in the early 1990s. A prominent Israeli newspaper, Maariv described Mr. Emanuel's appointment as "our man in the White House". No less has been attention attracted…