1. An event analysis system comprising: an information database; a memory comprising: an event model comprising an event type and event attributes of the event type; an event detection engine configured to detect events that correspond to the event model; an event implication engine configured to determine implications of events detected by the event detection engine; an environment model comprising a first model entity and a focus entity, and a focus relationship between the focus entity to the first model entity; and a processor coupled to the memory which is operable to: initiate execution of the event detection engine on articles published on a network to: parse a markup language of the articles and extract text from the articles published on the network; store the extracted text; based on the extracted text, detect an event involving the first model entity represented in the articles; and apply the event model to generate an event object for the detected event according to a common event structure; initiate execution of the event implication engine on the event object to: recognize that the focus relationship exists between the focus entity and the first model entity; determine an inferred event involving the focus entity based on the recognition that the focus relationship exists between the focus entity and the first model entity and the detection of the event involving the first model entity, the inferred event having an event type that is different than an event type of the event involving the first model entity; and create a new event object from the inferred event.