Facebook Needs a Dislike Button for Abe’s Ideas

For Shinzo Abe, it isn’t enough to see Sony Corp. and Panasonic Corp., two icons of industrialJapan, reduced to junk-debt status. The man who probably will become prime minister next month might do the same for the yen. That is the upshot of his desire to browbeat the Bank of Japan into unlimited easing. Granted, his Liberal Democratic […]

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The European Citizen: Just a Myth?

As Jürgen Habermas’ new book “The Crisis of the European Union: A Response” arrived at bookstores, The Global Journal asked Francis Fukuyama to interview the German philosopher, one of the most influential thinkers of our time. In a highly relevant and exclusive discussion, Professor Fukuyama and Professor Habermas articulate Europe’s most pressing issues, such as the building of a more integrated […]

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Facing Austerity, Europe’s Bureaucrats Chafe

Workers protesting austerity on the streets of southern Europe weren’t to know it, but earlier this month there was also a strike at the heart of the European Union – by bureaucrats fighting possible cuts. For an increasing number of Europeans, cuts in Brussels are what is needed. The European capital has told member states […]

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China’s Next Step on Yuan Is Convertibility, Zhou Says

China’s central bank governor said convertibility will be the next step in the overhaul of the exchange-rate system as calls grow for the nation’s new leadership to deepen changes in the economy to sustain growth. “For the central bank, I think the next movement related to the yuan is going to be reform of convertibility,” Zhou Xiaochuan said at […]

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The Four Horsemen of Foreign Policy

Barack Obama has been reelected by concentrating on domestic issues. A look beyond US borders would have been unbearable to American voters anyways. That isn’t Obama’s fault: Foreign policy problems usually come with a long history, and we certainly can’t blame the president for not forecasting global turmoil. Yet we can admit that the global […]

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American Dreams, Indian Realities

After years of “estrangement,” the United States and India have transformed their relationship at a breathtaking pace since 1998, and grown it into a wide-ranging strategic partnership. The speed and scope of these changes initially led to highly positive reviews of India and its potential contributions to American interests by U.S. commentators, gushing with praise […]

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Notes on the Decline of a Great Nation

The United States is frittering away its role as a model for the rest of the world. The political system is plagued by an absurd level of hatred, the economy is stagnating and the infrastructure is falling into a miserable state of disrepair. On this election eve, many Americans are losing faith in their country’s […]

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The Greeks Are on the Brink Once More

Not too long ago, the only people who would watch votes in the Greek Parliament were those paid to do so as part of their jobs. Over the last couple of years, though, ballots in the historic and often raucous Parliament House have become required viewing for audiences around the world. It seems that every […]

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China Most Threatening Cyberspace Force, U.S. Panel Says

China is “the most threatening actor in cyberspace” as its intelligence agencies and hackers use increasingly sophisticated techniques to gain access to U.S. military computers and defense contractors, according to the draft of an annual report mandated by Congress. Chinese hackers are moving into “increasingly advanced types of operations or operations against specialized targets,” such as […]

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