The eurozone's sovereign-debt crisis both reflects and reinforces a banking crisis, most glaringly in Spain, but also in Italy, Ireland, and Greece. By instituting a common regulatory framework, the European Commission's proposal for a eurozone-wide banking union aims to sever the link between public debt and banks' solvency. Will it be enough to bring long-term stability to the eurozone?
The two-state solution is virtually dead in the water, and the international community has largely abandoned the Palestinian cause. At this point, there is little to stop Israel from cementing the one-state reality that its right-wing government has long sought, regardless of whether that leads to a permanent civil war.
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