Korea Times

Over the last several weeks, the dollar's depreciation against the euro and yen has grabbed global attention. In a normal world, the dollar's weakening would be welcome, as it would help the United States come to grips with its unsustainable trade deficit.

But, in a world where China links its currency to the dollar at an undervalued parity, the dollar's depreciation risks major global economic damage that will further complicate recovery from the current worldwide recession.

In early September, Colombia's biggest businesses surprised everyone by declaring their wholehearted support for the country's president, Alvaro Uribe, in his deepening conflict with Venezuela.

If they lost the huge export market next door, well, that would simply be too bad.

John Bolton, America's recent U.N. ambassador, brags in his new tell-all memoir about thwarting efforts by his successive bosses, Colin Powell and Condoleezza Rice, to open a dialogue with Iran over its nuclear program.

If you're disturbed to read about U.S. diplomats backstabbing one another while our nation drifts toward yet another Persian Gulf war, then don't pick up Esquire's November issue, because it features a story that will make your blood boil.

Titled "The Secret History of the Impending… more