WORLD NEWS HEADLINES
According to Ulrich Delius, a German correspondent, the current India – Pakistan conflict is one of the most dangerous trouble spots in the world, with the potential of escalation into a nuclear World War. His interview, given on December 25, has been placed, in the German language, on the news station “Deutsche Welle,” at dw_world.de/dwelle
Beginning January 1, the Euro will replace the national currencies of the 12 European member nations. Great Britain, Sweden and Denmark decided against using the Euro as their currency.
According to a report on CNN, the European Union and the Palestinian Authority signed an agreement guaranteeing the PA/PLO 30 million euros a month, over the next three months, to help finance its operating costs. Israel charged that EU funds are being used to finance PLO attacks against the Jewish state.