The EU has learned the lesson that war is not supposed to be encouraged and supported at the drop of a hat. Also, there are no more great enemies or rivalries to be fought out. The world was consolidated into two spheres, and now with free market capitalism coming out as the dominant, the world is connected to the point where everyone is supporting each other economies. We support the Chinese, the Chinese support someone else and etc...all the way until it reaches back to us. Anyone who says the Chinese will attack us is wrong. Anyone who says that Russia will attack us is wrong. China needs to sell crap, Russia needs to sell natural gas.
Arab threats all stem from the Isreali-Palistinian conflict, it serves as the great tool for recruiting destabilizing terrorists. If we simply manage to come to a peaceful solution to that conflict, the world will be likely be safer then it has been for a long time.
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