Don’t Go Baghdad on Tehran

The Iraq War might seem a thing of the past. But nearly ten years after combat began, the United States and its allies are using policies to address the Iranian nuclear challenge that are eerily similar to those it pursued in the run-up to Operation Enduring Freedom. Just as they did with Saddam Hussein, concerned […]

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Ben Bernanke Is Locking in His Legacy

Michael Feroli, chief U.S. economist at JPMorgan Chase, has a fascinating analysis out Thursday on how Federal Reserve Chairman Ben Bernanke is moving to lock in new procedures for setting interest rates that will last long after his term ends in January 2014. The upshot is that Bernanke, who vowed to depersonalize the Fed, could end […]

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Billions in Hidden Riches for Family of Chinese Leader

The mother of China’s prime minister was a schoolteacher in northern China. His father was ordered to tend pigs in one of Mao’s political campaigns. And during childhood, “my family was extremely poor,” the prime minister, Wen Jiabao, said in a speech last year. But now 90, the prime minister’s mother, Yang Zhiyun, not only left poverty […]

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UK Emerges From Double-Dip Recession

George Osborne has seized on news that the economy has emerged from double-dip recession, growing by 1% in the third quarter of 2012, as evidence that his policies have put Britain “on the right track”. The figures, announced by the Office for National Statistics on Thursday, mean the chancellor will be able to deliver his autumn statement […]

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Coming: Lax Americana

Historian Arnold Toynbee likened America to a ”large, friendly dog in a very small room. Every time it wags its tail, it knocks over something.” More recent chroniclers have not been as charitable. They ascribe to the United States less innocence, and credit it with a more predatory outlook in its pursuit of global domination […]

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Playing God

How serious is the threat of global warming? One way to figure out is to take your cues from some leading climate scientists: They have moved on. That doesn’t mean they’ve abandoned the issue, but they are looking beyond what all agree is the most obvious solution — decreasing the amount of carbon we spew […]

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The Alliance from Hell

The United States and Pakistan are by now a classic example of a dysfunctional nuclear family (with an emphasis on “nuclear”). While the two governments and their peoples become more suspicious and resentful of each other with every passing month, Washington and Islamabad are still locked in an awkward post-9/11 embrace that, at this juncture, neither can afford to […]

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China’s ‘Image’ Problem in Africa

Since the 1950s, China has effectively used the doctrine of non-interference to guide its foreign policy agenda in the developing world. In its recent economic and diplomatic engagements in Africa, the policy has come under intense scrutiny and censure as Beijing attempts to strategically navigate the contours of resource acquisition alongside south-south solidarity with its […]

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How Yanukovych Turned Tycoons Into Enemies

Ukraine‘s parliamentary election on Sunday will be neither free nor fair. After eight unproductive years since the 2004 Orange Revolution, the democratic opposition is depressed and demoralized. Even so, the elections may check President Viktor Yanukovych‘s power. Yanukovych came to power in February 2010 in elections that were rated free and fair. This was a time when Freedom House still ranked Ukraine as democratic. But Yanukovych […]

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