Don’t look now, but for all the buzz about the Obama administration’s “pivot” to Asia and the Trans-Pacific Partnership, momentum is building on both sides of the Atlantic for a U.S.-EU free trade agreement that could be at least as consequential in shaping the world order. In fact, considering the messy geopolitical landscape with few […]
U.S. stocks rallied, sending the Dow Jones Industrial Average above 14,000 for the first time in five years, as data on the labor market and manufacturing boosted confidence in the world’s biggest economy. “You’re going to see this economy driven by capital being put to work,” Robert Lutts, president and chief investment officer of Cabot […]
The downfall of David Petraeus sent such shock waves through the policy establishment when it hit the news in November because the cause was so banal: the most celebrated and controversial military officer of our time compelled to resign from his dream job as CIA director as the result of an extramarital affair. Yet long […]
The financial crisis had many causes—too much borrowing, foolish investments, misguided regulation—but at its core, the panic resulted from a lack of transparency. The reason no one wanted to lend to or trade with the banks during the fall of 2008, when Lehman Brothers collapsed, was that no one could understand the banks’ risks. It was […]
With bipartisan momentum mounting for comprehensive immigration reform, cautious optimism has emerged that 2013 will be the year for action. Most Americans agree that our immigration system is flawed, but there remains a lack of understanding about the real effects that new immigrants have on wages, jobs, budgets, and the U.S. economy in general. Two […]
As Secretary of State Hillary Clinton prepares to hand the reins of foreign policy over to Senator John Kerry, her legacy is a matter of hot debate. To be sure, with much of the Middle East in turmoil and U.S. relations with Russia and China shifting, broad assessments of her tenure, no matter how heated, […]
U.S. President Barack Obama’s second inaugural address is now history. It has been labeled “progressive,” “partisan,” “one of the best ever” and “pedestrian.” Whatever the positive or negative take on its content, the speech was largely about America’s domestic concerns. The limited internationalism highlighted in the speech lacks significant support from the American people, especially those who […]
No tour of Uranium Energy Corp.’s processing plant in Hobson, Tex. is complete until CEO Amir Adnani pries the top off a big black steel drum and invites you to peer inside. There, filled nearly to the brim, is an orange-yellow powder that UEC mined out of the South Texas countryside. It’s uranium oxide, U3O8, otherwise known […]
President Barack Obama’s nomination of Senator John Kerry to be secretary of state won approval today from the Senate Foreign Relations Committee. The panel’s action by voice vote sends the nomination to the Senate floor, where a final vote is scheduled for later today. Kerry, a Massachusetts Democrat who is chairman of the committee, showed […]
We are now set for a third term for Israeli Premier Benjamin Netanyahu. And, although Netanyahu’s Likud–Yisrael Beiteinu coalition seems to have underperformed expectations, a plurality of the vote will allow him to once again lead Israel’s government. But even a somewhat moderated Netanyahu government will continue to advance radical positions that put regional and […]
