Joyent's Node SmartMachine services (no.de)? Germany: Yes!
Twitter's URL shortener (t.co)? Colombia? _Hugo Chavez?_ Umm, not really.
There are real countries behind these country codes and companies expose themselves to risks associated with those countries—and are arguably supporting the governments of those countries—by using a domain name with that country code.
HN readers learn that GoDaddy's run by a megalomaniacal big game hunter and they run for the exits. HN readers discover a punny domain name can be had by giving Qaddafi or Hugo Chavez money (however indirectly) and they place their orders. Hello?!