The EU debt crisis foretells a more serious global debt crisis, caused by unlimited growth and the ongoing financial casino. Latin America's emerging financial and regional architecture offers hope for a new type of integration based on solidarity.
Renewed U.S. efforts to bring sanctions against Iran are more backlash for being snubbed in favour of a tripartite deal with Turkey and Brazil than they are about nuclear proliferation. A UN Security Council coalition may be able to block U.S. pressure for sanctions that would only punish Iranian civilians.
The massive concentration and growth of corporate power poses a major threat to what remains of public services, highlighting the ever-deepening crisis of democracy, and the urgent need for people to reclaim the state.