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In the beginning of US intervention in Iraq there was talking that democratization will lead to the economic prosperity. In practice it turned out to be wrong. In 2005, the constitution of Iraq was approved, Iraq was proclaimed a democratic state and the presidential and parliamentary elections were held (the second elections were held in March 2010). On the results of the elections the new government was formed, but put it lightly - the development of the Iraqi economy leaves much to be desired.

Russian Prime Minister V. Putin will visit Istanbul on June 8. Last May Russian President D. Medvedev signed a landmark agreement in Ankara by which Russia would within the coming 7 years construct Turkey`s first nuclear power plant.
The first tender to construct a nuclear power plant in Turkey was announced in September, 2008. A Russian-Turkish consortium comprising Atomstroyexport (a subsidiary of Rosatom), Inter RAO UES, and Turkey`s Park Teknik outbid competitors, but the contract was annulled in November, 2009 as Turkey was dissatisfied with the energy price offered. 

The report on the sinking of S. Korea`s Cheonan corvette claiming that the tragedy had been caused by a torpedo fired by a N. Korean submarine caused further escalation on the Korean Peninsula. In a strongly worded address to the nation on May 24, S. Korean President Lee Myung-bak made accusations against N. Korea, charging it with organizing a military provocation against its southern neighbor.

The Bilderberg group will convene in Sitges, Spain, a resort community 30 km from Barcelona, on June 4-7. As usual, the information is supplied by James Tucker and Daniel Estulin who revealed that this year the issues topping the agenda of the club`s meeting will be the global recession and the approaches to provoking such economic breakdowns that can help justify the establishment of a full-scale world economic governance.

Multimillionaire and free mason David Rockefeller, one of the founders of the Bilderberg Club, used to be concerned over the revolutionary processes in Latin America “instigated by the Soviet Union”. He admitted in his inner circle that it was his serious mistake to underestimate the threat posed by F. Castro and his communist supporters.
As a result, Batista had to flee and for the rest of his life blamed his failure on the US, which denied him additional arms supplies, financial assistance, and propaganda support. Like many influential people in the US, Rockefeller was under an illusion that Castro was a representative of the formerly widespread brand of Cuban politicians – a demagogue that would be open to “deals” with the US.

Some 90 years ago, on June 4, 1920 the allies who won World War I and the defeated Hungary signed a peace treaty – the Treaty of Trianon - in the the Grand Trianon Palace in Versailles. Subcarpathian Rusyns, Slovaks, Romanians, Croats, Serbs, and the respective communities across the world rejoiced at the liberation from the protracted Hungarian domination.

Facing an unprecedented economic crisis, the EU is hurriedly offloading the Balkan part of its agenda. The year`s major Balkan event - the EU-Balkan summit – will take place in Sarajevo on June 2. The previous summit, which convened in Brdo (Slovenia) on May 20, was plagued with scandals and, when all of the EU leaders eventually chose not to attend, degenerated into a meaningless formality.

The police operation in the Kingston slums which would be more adequately described as a battle that lefts dozens of people dead or injured highlighted the problem of drug trafficking. The Jamaican government`s decision to extradite to the US renown drug lord Christopher Coke provoked an unexpectedly active reaction of his supporters who are the majority in the poverty-stricken quarters of Kingston. The bizarre web of interests of mafia, secret services, corrupt local officials, and global powers, altogether combined with the hopeless poverty of the Jamaican population, bred a new form of social organization based on de facto institutionalization of one of the worst ills of mankind.

On May 17, the European Court of Human Rights (ECHR) revealed the long-awaited decision on the Kononov case. It concerns Russia directly not only because Russian citizenship was granted to former Soviet partisan Vasily Kononov in 2000 amid his ordeal in Latvian courts, but, even more so, because the whole case targets not just Kononov, but Russia as a country. Due to the reason, in 2004 Russia got involved in the Kononov case citing its right of a member of the Council of Europe to act as a third party in the ECHR cases affecting its interests.

The world is facing a second wave of the global economic meltdown, with Europe being in the front line of it. And no matter how hard the European officials try to calm the world by saying that the European Central Bank is able to solve all financial problems of the worst affected countries, we should not get deceived. Officials just have to act this way, to tell us that everything is under control. Actually, Europe is in a great trouble.