Yemen in the Arabian Peninsula is in crisis. Competing forces are fighting for power inside the country while Saudi Arabia, the neighbor to the North is shelling the country to stop Iranian foothold in the country. Fight for power in Yemen has consequences for neighbors as well as countries throughout the world. Forces loyal to […]
Author: elegant
Jihadi John identified
The U.S. authorities have identified the brutal killer Jihadi John in ISIS videos as 27-year old British man named Mohammed Emwazi. He appeared in highly publicized video beheadings by the ISIS. He is responsible for beheadings of number of captives in 2013 and 2014. Born in Kuwait in 1988, Emwazi came to the United Kingdom […]
Nuclear deal with Iran is likely
The United States and world powers known as P5+1 including Russia, China, France, United Kingdom, Germany and the European Union are continuing their negotiations for a framework for a comprehensive agreement on the Iranian nuclear program. Final phase of the negotiations for a frame work agreement are still continuing in Switzerland. In November 2013, Iran […]
Supreme Court and the Affordable Care Act
The United States Supreme Court has agreed to review the Federal subsidies under the President Obama’s signature legislation known as Affordable Care Act otherwise known as Obama Care. The case before the highest court is King v. Burwell which will be heard by the court on March 4, 2015. If the plaintiff prevails millions of […]
Fraudulent tax filing by hackers
In February, the popular tax filing software, Turbo Tax found increased fraudulent activity in filing state returns and briefly stopped submitting returns. Taxpayers who were affected by the fraudulent activity were unable to file their state tax returns. More than 19 states were affected by the fraudulent tax filing scheme. How could a hacker file […]
Could the sliding oil prices create a financial crisis?
Several months ago it would have been unthinkable. Oil prices continue its slide and hovering less than $50 a barrel for West Texas Intermediate (WTI) crude. However, due to various factors, price at the pump not correlate with the sliding crude prices. What will happen if the prices continue to go lower? A similar slide […]
Where are the missing students from Guerrero?
The September 26, 2014 disappearance of 43 student protesters from a teacher training college in Guerrero state in Mexico still hasn’t being resolved. Family and friends as well as activists are marching everywhere in the country demanding justice. The mayor and his wife of the town of Iguala have been taken into custody for the […]
Will the Greece exit the European Union?
Many expected Greece to default on its borrowings and even exit the European Union (EU) and the Euro Zone. Much of its bailout money came from the EU and the International Monetary Fund (IMF). Instead, after recent parliamentary election victory by the far-leftist party, Syriza and the new government in Greece is launching a new […]
Saudi King Abdullah dies at age 90
Saudi Arabia’s King Abdullah died on January 23, 2015 at age 90. He was buried in an unmarked grave according to Islamic customs. He has been ruling the kingdom since 1996 and became the King in 2005, after his half-brother’s death from a debilitating heart attack few years back. Saudi Arabia is crucial for the […]
Economic cost of Ebola still rising
The Ebola outbreak in West African countries of Guinea, Sierra Leone and Liberia not only killed thousands of people but also infected scores of others with the virus. Daily life in those counties came to a virtual halt. The devastation is now being shown in economies of the affected countries. Total economic costs for those […]