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Welcome to “The Hangover,” Cairo edition. The widespread grass-roots protests that broke out in Egypt this spring succeeded in accomplishing what many skeptics doubted they could: ousting long-serving strongman Hosni Mubarak and ending his 30-year authoritarian rule. But now, some four months on, Egypt’s revolution is obviously on the skids.

The problems start with Egypt’s economy. Under Mr. Mubarak, Egypt’s economic fortunes were comparatively rosy, with the national gross domestic product growing an average of nearly 6 percent annually over the past three years. Today, by contrast, they are anything but rosy. Since Mr. Mubarak’s ouster in February, the Egyptian stock exchange has lost nearly a quarter of its value, prompting its chairman, Mohamed Abdel Salam, to embark upon a frantic tour of Gulf monarchies in an effort to drum up Arab investment. Tourism, the lifeblood of the Egyptian economy, likewise has plummeted, falling an estimated 60 percent over 2010 levels and costing the country more than a half-billion dollars in revenue to date in the process. Nor is a reprieve in sight. According to observers, it could take a decade for Egypt’s tourism industry to rebound fully - if, indeed, it rebounds at all. The prognosis is grim: As a recent analysis in the Asia Times put it, “Egypt’s economy is in free-fall.”

With the drama of the Arab Spring and the death of Osama bin Laden dominating the headlines, you might have missed the most important development in months surrounding Iran's nuclear program: Zimbabwe's emergence as a key enabler of the Islamic Republic's march toward the atomic bomb.

In recent days, officials in Harare have confirmed that the government of Robert Mugabe is finalizing a massive resources deal with Tehran, in defiance of United Nations sanctions aimed at derailing Iran's nuclear push. That agreement, in the works since Iranian President Mahmoud Ahmadinejad visited the African state in April 2010, would provide the Iranian regime with preferential access to the country's estimated 455,000 tons of raw uranium over the next five years.

The deal sheds light on what amounts to a major chink in the Islamic Republic's nuclear armor. For all of its atomic bluster, the Iranian regime lacks enough of the critical raw material necessary to independently acquire a nuclear capability. According to nonproliferation experts, Iran's known uranium ore reserves are limited and generally of poor quality. It desperately needs steady supplies of uranium ore from abroad, and without those supplies the Islamic Republic's nuclear plans would, quite simply, grind to a halt.

Perhaps the most striking thing about the recent death of Osama bin Laden at the hands of American commandos is the reaction it has elicited throughout the Middle East. That is because, while most regional governments have welcomed news of the al Qaeda chief’s demise, not everyone is embracing the post-bin Laden era.

The Taliban, for example, have been quick to lionize the terror mastermind and threaten retribution against the coalition and its allies. “Pakistani rulers, President Zardari and the army will be our first targets,” a spokesman for the movement’s Pakistani branch has warned. “America will be our second target.”

What's next for the U.S.-Russian reset? Having already succeeded in ramming the ambitious New START arms control treaty through a reluctant Senate late last year, the administration of U.S. President Barack Obama is now eyeing the next step in its reboot of relations with Moscow: integrating Russia into the world economy.

President Obama's announcement last night that al-Qaeda leader Osama Bin Laden was killed by U.S. special operations forces outside the Pakistani capital of Islamabad is welcome news indeed. The death of the man responsible for the worst attack on the U.S. in history represents a major counterterrorism victory, and long overdue justice for the victims of 9/11. But it's hardly the "end of the War on Terror," as some observers have been quick to suggest.