Hearts of Iron 3 Modern Warfare puts you in the seat of government of any country during the years 2000 - 2011.
In this picture you see the "USS Cole Bombing" event, one of many to be added in Beta 4. This event is an example of the new way events will be handled in Modern Warfare, with more explanations where those are needed and dynamic choices for the player for both a historical outcome and a not so historical path.