INTERNATIONAL. This is not how the West, nor many Egyptians, thought the Arab Spring would turn out in Egypt. Their mistake was overestimating the significance of the democratic secularists, how representative the anti-Mubarak demonstrators were of Egypt as a whole, and the degree to which those demonstrators were committed to Western-style democracy.
INTERNATIONAL. Economic crime in financial services outpaces other industries; Increased spending on compliance fails to reduce economic crime; 10% of economic crime reported by UK respondents was perpetrated internally.
INTERNATIONAL. Iran received its first delivery of Russian-made S-300 air defense systems in May; Satellite imagery shows intensive construction underway at an air base near Tehran to accommodate the systems.