Little noticed during last weekend’s milestone summit between Barack Obama and Xi Jinping was another landmark event: China’s currency hit a record high, reaching almost 6 yuan to the dollar. In recent years, one of the few things Republicans and Democrats could agree upon was that an artificially cheap yuan damaged U.S. exports and stole U.S. jobs. The […]
Chokri Belaid knew that his life was at risk. The secretary general of Tunisia‘s Unified Democratic Nationalist Party, and a key member of the secular opposition front, had been receiving death threats for months. When he was killed yesterday outside his home in Tunis, however, the fear was that it was the country that 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 […]
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 […]
For decades, Democrats and Republicans alike have invested heavily in governance schemes that erode the Constitution’s separation of powers and mar its proper functioning. The Federal judiciary has uniformly rubber-stamped these schemes. The consequence has been an unsustainable spree of borrowing, spending and overregulation at the Federal level, cyclical fiscal crises at the state level, […]
LET him savour, for a day or two, a victory that many had said could not happen. No president since FDR had been re-elected with unemployment so high. The country seemed pessimistic and bitterly divided, on racial grounds even more than on economic ones. His best-known achievement, health-care reform, had turned out to be deeply […]
Vice President Joe Biden and rival Republican Paul Ryan battled fiercely over foreign policy and the economy in a lively debate on Thursday, with Biden aggressively defending the administration’s policies and dismissing Ryan’s criticism. Seeking to win back the momentum for the Democrats‘ campaign after a poor debate performance by President Barack Obama last week, […]
HOW did it come to this? That’s what Barack Obama’s supporters are asking in light ofMonday’s Pew poll that shows Mitt Romney leading the president by four percentage points. This represents a 12-point shift from the mid-September Pew poll that had Mr Obama comfortably ahead by eight points, and it represents a coda of sorts to […]
looking beyond borders 