Correct, apart from the "largely ignored" bit. I still expect, though, that once US troops are no longer in Iraq in large numbers, Iraq will be as prominent in the news as Afghanistan is today.
A year from now, Iraq will be where Afghanistan is today: a troubled but largely ignored backwater where things are much better than before the US invasion, and American troops help minimize the chaos, but there's still plenty of turmoil, and the long-term political structure of the country has yet to be fully sorted out.
Fortunately, some excellent police work in several European countries, uncovering a number of terrorist cells primed for action, ruined the accuracy of my prediction. Al Qaida has focused instead on Middle Eastern targets (although the generous might be willing to consider Turkey part of Europe).
Another terrorist "mega-attack" will occur, this time somewhere in Western Europe.
My most accurate prediction. Arafat had a bit of a scare, but came through with flying colors, while Chavez managed to postpone the reckoning till next year. Kim and Khamenei were never seriously in jeopardy, despite a few overstated rumblings in the blogosphere.
Yasser Arafat, Kim Jong Il, Ayatollah Khamenei and Hugo Chavez will (barring death by natural causes) still be clinging to power in their respective political entities at the end of the year, although perhaps somewhat more precariously than at present. The "engagement" strategies pursued by the UN, EU, OAS and other multilateralist organizations with respect to these leaders will have absolutely no effect on their strength or belligerence levels. Their satrapies will suffer further declines in living conditions, but will otherwise (and, particularly, in political terms) remain largely unchanged.
Way off base, apart from the dollar. Of course, it's awfully tough to time the markets.
The major American market indices will experience yet another year of net decline, as will the US Dollar and real estate market. The American economy will have dipped back into recession by the end of the year, and the domestic American political debate will have largely shifted from international politics to economics. The president's popularity will suffer significantly as a result, although not as severely as his father's did.
Some reforms have at last begun, but the American-led boom has so far cushioned Japan from the adverse consequences.
Japan will at last begin adopting some necessary financial reforms. Their short term effect on its economy will be markedly negative.
Now for some predictions:
And now for a few more daring predictions: