As Washington and its great power partnersprepare for more nuclear negotiations with Iran, the Obama administration and policy elites across the political spectrum talk as if America is basically in control of the situation. Sanctions, we are told, are inflicting ever-rising hardship on Iran’s economy. Either Tehran will surrender to U.S. demands that it stop […]
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 […]
In countries like Mali, the hard work begins after the defeat of the insurgency. Development and reconciliation could become the cornerstones of a common European foreign policy. Read Here – The European
Cambodia has never enjoyed the kind of political clout its neighbors Thailand and Vietnam have been able to assert on the international stage. This issue does not sit well with Prime Minister Hun Sen, who wants to see his country’s standing improve significantly. But the key to raising Cambodia’s stature is Hun Sen’s own success. […]
The general mood was at its most upbeat since January 2007, when the financial system was as frozen as the Davos streets. Relief that most experts judged the financial crisis to be over at last outweighed concern that economic growth and job creation seems likely to remain sub-par for the forseeable future. (Christine Lagarde, boss […]
Russia is taking the helm of the Group of 20, and with that honor comes a unique opportunity: to lead the international community toward sustainable, inclusive growth and shared prosperity in 2013. The Russian government has pledged to focus its G20 presidency on practical solutions to stimulate growth and jobs, manage government debt and regulate the financial sector. Russia could lead in advocating yet another significant G20 priority: strengthening local capital markets. […]
Imagine a future meeting of the Organization of Petroleum Exporting Countries, where the agenda is set not by Iran or Saudi Arabia, but by the United States. Oh, and the meeting takes place in Tel Aviv — because the other big power in OPEC is Israel. That’s where the world is headed, thanks to the […]
Millions of people in Arab Spring nations are painfully realising that the fruits of revolution are not all they were cracked up to be. January 25 was meant to be a joyous occasion in Egypt, but instead of fireworks, there were Molotov cocktails and smoke from burning tyres and torched buildings. No major Egyptian city […]
Britain’s economy is a riddle wrapped in a mystery inside an enigma, but this much is clear: it’s a disaster. After its Olympics-fueled growth, such as it was, lifted it out of recession in the third quarter of 2012, Britain might be headed back after its economy fell 0.3 percent at the end of the year — the […]
As the football commentators might put it, it was a week of two speeches. I’m not generally one of those people who believe that a political speech is an actual event in the world: it’s only somebody talking, after all. A political leader can say pretty much anything, and however moving or courageous it sounds, […]
