In case you were wondering, this is what an economy dying looks like. More specifically, it’s what a currency dying looks like. It turns out the latter implies the former, as Iran is quickly finding out. The chart below compares the official and black market exchange rates between the Iranian rial and the U.S. dollar. […]
While the civil war in Syria continues to grab headlines, prompting some in the international community to call for immediate intervention, another major conflict, displacing thousands of civilians, rages in Central Africa. Despite the rising number of refugees and internally displaced persons, as well as the reports of massive human rights violations being committed against the local […]
A NEW force is emerging in Asian politics: the non-politician—or at least the politician posing as such. In South Korea the campaign for the presidential election in December has been shaken up by the new candidacy of an independent, Ahn Chul-soo, a former doctor turned antivirus-software tycoon. In Japan the new Japan Restoration Party (JRP), […]
Last September a woman was raped by two police officers in Tunisia, while a third officer held down her fiancé who had been with her in a car. It was a weighty event in a country that is still feeling its way forward after it inaugurated the era of Arab revolutions, said the Lebanese journalist […]
Since his election for the country’s top post last June, Egyptian President Mohammad Mursi has been sending mixed messages as to whether he seeks to normalise relations with Iran after more than three decades of bitter animosity. In the wake of the Egyptian revolution, pro-Iran analysts expected that the new Islamist government in Cairo would […]
AFTER months of firing up core supporters in swing states with partisan attack lines and blood-chilling predictions about the other side’s plans, Barack Obama and Mitt Romney found themselves in their first televised debate on October 3rd, obliged to pitch for undecided voters and independents nationwide. Both Mr Obama and Mr Romney duly struck a […]
The challenger came in well-prepared and displayed an impressive command of the issues. He was sharp, energetic, and direct. Time and again, he corrected the President, politely but firmly pointing out that his proposals were being misrepresented. He gave a strong closing statement, and after it all ended, the pundits were in agreement that he […]
In 1889, two years after an eccentric American millionaire established the European edition of The New York Herald, the precursor of the International Herald Tribune, Rudyard Kipling dined with some British businessmen in Hong Kong. The imperial rulers of China, most recently humiliated by France, had reluctantly started to modernize their vast domain; and British […]
Until recently, Beijing’s policy in Afghanistan could be characterized as masterful inactivity: It sat on the sidelines of a war that it wanted neither side to win. But the late September visit by security chief Zhou Yongkang, the first by a senior Chinese leader in almost five decades, is the most visible sign that the U.S. 2014 […]
Regional elections, which will be held in less than two weeks, will be the first since the State Duma elections last December that sparked the mass protest movement. They are important for the opposition and for society as a whole. Both are rousing from a state of lethargy and calling for a more open, fair and competitive political system and for the authorities to heed its demands. The authorities are afraid […]
