This report, via LGF, seems to be good news:
Washington’s policies of promoting democracy in Iraq and elsewhere look “increasingly effective”, and even the threat from terrorism abated slightly during 2004, the International Institute for Strategic Studies said in an annual report.
The London-based think-tank noted however that the situation in Iraq was also creating a recruitment effect for terrorist groups, an aspect which remained “the proverbial elephant in the living room” of US foreign policy.
The report said that the improvement in the overall strategic climate was helped by factors such as the death of Palestinian leader Yasser Arafat, but it added that US President George W. Bush’s foreign policies also seemed to be bearing fruit.
The IISS site is here for those of you interested in the full report.