At the moment we are busy staring into our crystal ball, trying to work out if 2012 is going to be a good year, a mediocre year or a bad year. Let's hope that it's not another 2009 or 2010. However, I thought that it might be useful to have a look at a few possible flash points, since being forewarned is akin to being forearmed.
Iran: I've visited five times, and have lots of Iranian contacts and friends: it's a big, populous country with friendly, polite people, great food and awe-inspiring scenery, architecture, culture and history. However, the fly in the ointment is that Iran seems to be determined to build its own nuclear weapons, even though Ayatollah Ali Khamenei issued a fatwa forbidding the production, stockpiling and use of nuclear weapons on August 9, 20051. Allied to its pre-stated aim to obliterate its near-neighbour Israel, this is a potentially tricky situation. (No-one seems to question the right of the US, the UK, France, China and Russia's rights - or not - to own and control nuclear weapons: India, Pakistan, North Korea and possibly Israel2 all took the decision to develop them anyway, on the basis that it is very difficult to stop a sovereign nation doing what it wants to within its own borders, without invading it).


