As Egypt struggles to revive an economy battered by last year’s uprising against Hosni Mubarak, private lawsuits are attempting to overturn the sale of state assets during his rule. The court actions present the new government with a dilemma: It’s trying to attract foreign investment while addressing the demands of a population that stages protests […]
Predictions of the date may differ, but the general consensus on Japan remains the same. In a matter of just three to 10 years, the world’s third-biggest economy may start running out of the savings needed to fund its massive public debt. Is it time to start selling yen, or are the doomsayers off target […]
October is a scary month. And it’s not just Halloween. October also happens to be the anniversary of the Cuban Missile Crisis. And if the ghosts and goblins don’t make you wet your pants, the thought of Khrushchev, Kennedy, and Castro dancing on the edge of nuclear war should. During the Cold War, the United […]
World over, efforts are afoot to ensure that 15-year-old Malala Yousafzai’s blood counts for something. Hollywood actor Angelina Jolie suggested her name for the next Nobel Peace Prize and an online campaign to advocate her case is being signed up by government representatives in various countries. Former British Premier and United Nations Special Envoy for […]
IS HURRICANE SANDY capable of altering the election result? The presidential candidates are hunkering down and trying to avoid looking partisan as this big, wet storm heads for the eastern seaboard. But any number of calculations are being made by the campaigns. Plausible arguments are flying, explaining why this storm is bad news, or is […]
Hurricane Sandy’s economic toll is poised to exceed $20 billion after the biggest Atlantic storm slammed into the Eastern U.S., damaging homes and offices and flooding subways in America’s most populated city. The total would include insured losses of about $7 billion to $8 billion, said Charles Watson, research and development director at Kinetic Analysis […]
For those in favor of immigration reform, it might have been a relief that the presidential candidates spent more time describing how workers overseas are stealing American jobs than they did accusing foreign workers of stealing jobs right here in the U.S.A. But the status quo on immigration apparently supported by the candidates isn’t nearly […]
One reason U.S. politics is almost as popular as NASCAR among American sports is that it gives the little guy someone to root for. Of course, that’s almost never the candidates of the major parties, most of whom are odious concoctions of their own egos and the corrupting forces of money and ideology. But dependably, […]
During the recent foreign policy debate, the president presumed to instruct his opponent: “Governor Romney maybe hasn’t spent enough time looking at how our military works. You mentioned the Navy, for example, and that we have fewer ships than we did in 1916. Well, Governor, we also have fewer horses and bayonets, because the nature […]
The Middle East is undergoing a historic transformation. Parts of the region are up in flames, and Asia’s primary powers either have no role or a destructive one. Pakistan, Indonesia and other Asian Muslim countries, as well as India, with the world’s second-largest Muslim population, are largely uninvolved, as if events in the region have no […]
