Here's what caught my eye in this morning's news:
Japan's nuclear accidents should be watched carefully, but so far the media has been in mass-hysteria mode. The fact is, despite the worst earthquake in decades, the fifth-worst in history, not one person has died from the "meltdown."
By contrast, oil rig explosions usually kill several people instantly. Will Saletan has the smartest piece on this in Slate. William Tucker of The Wall Street Journal explains the difference between Chernobyl and all other nuclear accidents.
The next move in the Middle East crisis – Saudi troops entering Bahrain. Excellent reporting from The New York Times on this (and a related piece on strained Saudi-U.S. ties). The Saudis are acting as the principal backers of the old order, using money and now arms. But this has the potential to backfire. I'm watching this very carefully.
I've always felt that the Euro will muddle through, and it appears that it will. Check out the Financial Times’ article on Germany’s actions. It's not sexy, but the Europeans will manage to come together and – with Scotch tape and strings – patch things up and move on.