Coming to America

Last November, Michelle Makori, a business reporter formerly of Bloomberg News, joined a small group of seasoned Western television journalists for a whirlwind tour of China. The trip, arranged by China Central Television (CCTV), the world’s largest broadcaster, culminated in a visit to the network’s two headquarters: on the quiet, far west side of Beijing, […]

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Obama Looks Good Going Into The Final Weekend

After all the drama of the past few days, it may seem anticlimactic to suggest that not much has changed in the election. That’s what the latest polls are telling us, though. Going into the final weekend of the campaign, it’s still a tight race, but President Obama retains a distinct advantage in the electoral […]

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It’s Global Warming, Stupid

Yes, yes, it’s unsophisticated to blame any given storm on climate change. Men and women in white lab coats tell us—and they’re right—that many factors contribute to each severe weather episode. Climate deniers exploit scientific complexity to avoid any discussion at all. Clarity, however, is not beyond reach. Hurricane Sandy demands it: At least 40 […]

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The Myth of the Exploding Welfare State

Five years have passed since the advent of the current crisis, and while the beast has since morphed from a financial crisis into a confidence and debt crisis, some mantras have become so deeply engrained into our collective psyche after loud proclamations and endless repetitions that they feature is almost any discussion about the future […]

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Trouble for Tokyo: Japan’s Foreign Policy Challenges

Officials in Tokyo have known for some time that Japan’s regional foreign policy needs to be revamped. The economic crisis has brought Japan’s export giants to their knees and forced the country’s economy to look at different ways of conducting business. Moreover, the nuclear crisis in Fukushima last spring further intensified Japan’s already acute energy […]

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Berlin Unsure about a Possible President Romney

Germans have long since made up their minds about Mitt Romney. Only 5 percent would give him their vote if they had one, they say. The result of the most recent poll by Forsa is far from surprising. When America votes, the German heart traditionally beats for the Democratic candidate. To many, the Republicans are […]

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U.S. Navy Take Notice: China is Becoming a World-Class Military Shipbuilder

China’s military shipyards now are surpassing Western European, Japanese, and Korean military shipbuilders in terms of both the types and numbers of ships they can build. If Beijing prioritizes progress, China’s military shipbuilding technical capabilities can likely become as good as Russia’s are now by 2020 and will near current U.S. shipbuilding technical proficiency levels […]

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The Crisis That Dare Not Speak Its Name

In a campaign dominated by serious domestic policy concerns, perhaps it’s no surprise the only person asking the presidential candidates about the greatest threat to global financial stability is a comedian. Until Tonight Show host Jay Leno raised the European debt crisis with President Barack Obama last week, the Eurozone was almost completely absent from the presidential […]

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India’s Reforms of Decade Must Work Now or Die

Sitting in the study of the prime ministerial bungalow in New Delhi, surrounded by manicured lawns and palm trees, Indian leader Manmohan Singh and his soon-to-be finance minister Palaniappan Chidambaram pored over plans late into the evening to stem a growing sense of crisis. Singh, the 80-year-old soft-spoken architect of the country’s economic opening two […]

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