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Global financial markets currently obsess about the fate of a small Balkan country’s sovereign debt and its impact on the Eurozone. However, if the burden of Greek debt were to disappear overnight, the miracle would just reveal the underlying weakness of the Greek economy and its dependency on Europe for the foreseeable future.

Listening to the President's State of the Union address last week, you might have come away convinced that, at least in the field of foreign policy, everything is coming up roses. Yet a look at the real world provides a jarring contrast to the complacency and unrealism of that speech - and of the Obama administration's policies writ large.

To hear President Obama tell it, the West is winning in Ukraine. In his State of the Union Address last week, the President sounded downright triumphant in his description of the current situation in Eastern Europe. "We're upholding the principle that bigger nations can't bully the small - by opposing Russian aggression, supporting Ukraine's democracy, and reassuring our NATO allies," he insisted publicly.

You have to feel a bit sorry for the Obama administration. The White House in December announced plans to normalize diplomatic relations with Cuba, including establishing a U.S. Embassy in Havana and formally revisiting Cuba's status as a state sponsor of terrorism. The move was a clear effort by Washington to distinguish itself in a new international theater.

The state of the union is great if you happen to be Iran.

On Tuesday, during the State of the Union address, President Barack Obama discussed his view of the continuing controversy over Iran's nuclear program. "Our diplomacy is at work with respect to Iran," he said, "where, for the first time in a decade, we've halted the progress of its nuclear program and reduced its stockpile of nuclear material."

"First they came for the Socialists, and I did not speak out - because I was not a Socialist," German pastor Martin Niemoller famously observed about his nation's intellectuals during the Nazi rise to power. "Then they came for the Trade Unionists, and I did not speak out - because I was not a Trade Unionist. Then they came for the Jews, and I did not speak out - because I was not a Jew. Then they came for me - and there was no one left to speak for me."

One of the first orders of business for the new Congress may be to consider a resolution authorizing the use of force resolution in Operation Inherent Resolve, the U.S.-led combined joint mission against the Islamic State group. Such a move would be long overdue.

The recent resignation of Chuck Hagel as US defense secretary is a sign of the times. During his short, unglamorous tenure as the Obama administration's defense chief, Hagel had become a symbol of the White House's failed foreign and defense policies.

In the wake of the hacking of Sony, all eyes are now on North Korea's disruptive online capabilities. But the cyberwarfare potential of another rogue state — Iran — is also growing, and it could soon constitute a major threat to the United States and its allies.

Since Vladimir Putin launched his war against Ukraine back in February, speculation has run rampant about the Russian president's objectives. While objectives change in the course of any war, Mr. Putin himself has admitted that the invasion of Crimea was a strategic decision that, therefore, had strategic objectives in mind. Those objectives also relate to the current fighting in the Donbas region (encompassing Ukraine’s Donetsk and Luhansk provinces). As such, Russia's conduct repudiates the speculation in Washington that Russia's Ukraine policy is something of an improvisation. Rather, U.S. policymakers would be well-served in trying to figure out the factors driving Mr. Putin's decision-making, both at home and abroad.

America's discussion about missile defense tends to be a one-sided conversation. More often than not, it revolves around what capabilities the United States has fielded to date, and what it plans to provide to its allies overseas. But in the not-too-distant future, the United States might be able to count on a new voice in the missile-defense debate, as political and intellectual shifts progressively nudge Canada into alignment on the need to defend North America against ballistic-missile attack.

This month, the OnCue Express gas station in Oklahoma City lowered its price for a gallon of regular gas to $1.99.

Nationwide, the average price is $2.41 per gallon, down from a high of $3.70 the end of April. Gas prices are the lowest they have been in five years and are expected to decline further, following the $50 collapse in oil prices since this summer.

As talks between U.S.-led global negotiators and Iran over its nuclear program resume this week in Geneva, the most welcome shift on the Iranian nuclear front may be occurring thousands of miles away in Washington.

Ukraine suffers more afflictions than Job. Most Western attention focuses on responding to the military confrontation with Russia and then on the economic and political consequences of two decades of oligarchic misrule. However, Ukraine also inherited at independence a genuine crisis in health and demographics, the product of catastrophic policies of the Soviet era compounded by the continuing stress of the post-Soviet transition.

Secretary of State John Kerry is confident that an agreement on Iran's nuclear program can be concluded in three to four months, or sooner. But maybe it will be later - or maybe not at all.

In recent months, discussions of Russia in Washington and European capitals have focused on the Kremlin's ongoing neoimperialist aggression against Ukraine. But Wednesday's coordinated terrorist assault on the Chechen capitol of Grozny—which left at least 20 dead and scores more injured—should refocus global attention on a problem that Russia itself increasingly is confronting: a resilient wave of radical Islam.