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The Global Report: March 29, 2012
  • March 29, 2012 : 10:03
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The most recent mention of America’s planned Ballistic Missile Defense (BMD) Shield in Europe was overheard on a tape Monday between US and Russian Presidents Barack Obama and Dmitry Medvedev. In the exchange, Obama informed Medvedev that he needed President-elect Putin to give him “space” to maneuver on the highly-politicized topic until after this November’s election. Not only does this signify Obama believes he will win against the TBD Republican candidate, but that Putin is undoubtedly in charge at the Kremlin, despite Medvedev currently holding the Presidency. We’re just waiting to see what aspects of this dilemma will appear in the next Republican debate.

Pope Benedict delivered Mass and met with President and former-President Raul and Fidel Castro in Cuba yesterday, as part of his tour of the region. In his address, the head of the Catholic church spoke to end Cuba’s isolation, allow religious teaching in school, yet managed to publically criticize the communist regime without actually mentioning the Castros’ through calls for “Authentic Freedom.” An interesting point on his part, but we doubt it will invoke much of a citizen uprising. We imagine private talks with the revolutionary leaders may be more effective.

Several European media outlets reported early Wednesday that the UK, France, as well as the US, could attempt to lower global fuel prices in the coming weeks with the strategic release of certain oil stocks to alleviate pressure on the system. Hummer owners of the world rejoice! Well…whoever still owns one.

Topping UK news this week was her majesty Queen Elizabeth II who wedding crashed for the first time. The 85 year old monarch and her husband, the Duke of Edinburgh, dropped in unannounced to a commoners wedding as a surprise while on her Diamond Jubilee tour. Who says you can’t have fun at any age?

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