@Finn dAbuzz,
Nice post Finn. I'll try as well with the caveat that this are very US centric predictions.
1) Mitt Romney wins the GOP presidential nomination; he picks a Southern tea party champion as his VP (Rubio?)
2) Biden retires allowing Obama to pick a new number two. It is not H. Clinton.
3) The economy slowly gains strength through the year as businesses that were holding off hiring due to economic uncertainty can't hold off any more. Unemployment remains high as businesses continue to do more with less.
4) President Obama continues to fight a Clinton like rear-guard action against the Republican House, hammering at them for their obstructionism.
5) Going into the election unemployment is in the mid 7% range, Obama squeaks out a win. Both houses move toward neutral with the Democrats gaining seats in the House and the Republicans in the Senate.
6) Iran does not take any military action to restrict oil and is not militarily attacked. A face saving way of bringing Iran back to the negotiating table is taken but no real results come from it. The British reopen their embassy.
7) There continues to be violence in Iraq, but both sides, tired from 10 years of fighting, are only just gong through the motions. Something like a civil government starts to emerge.
8) Syria continues to degrade. Resistance starts to look like civil war and the economy tanks.
9) Europe stabilizes but continues to be in an economic slump driven by a high Euro and debt crisis drain. Germany will be the best performing economy in Europe but with only 2% growth in GDP. Britain and the EU continue to grow apart and neither thinks this is a bad thing.
10) China growth slows but continues upward. Japan continues to be stagnant. India explodes. Brazil continues to be very strong.
11) Oil continues around $100/barrel. Saudi Arabia works hard to keep prices stable ahead of the US elections.
12) The new government in N. Korea does something provocative to show they are not to be trifled with (like missiles in the sea of Japan) and then enters a period of warming relations with S. Korea ending 2012 with some level of cross border visits.
13) The 2012 Olympics have tight security and go off without incident. The US has the top medal count followed closely by China.