A Dangerous Alignment

PRESIDENT BARACK Obama likes to say that America and the world have progressed beyond the unpleasantness of the nineteenth century and, for that matter, much of the rest of human history. He could not be more wrong. And as a result, he is well on the way to repeating some of history’s most dangerous mistakes. […]

Rate this:

Why Stimulus Has Failed

Two fundamental beliefs have driven economic policy around the world in recent years. The first is that the world suffers from a shortage of aggregate demand relative to supply; the second is that monetary and fiscal stimulus will close the gap. Is it possible that the diagnosis is right, but that the remedy is wrong? […]

Rate this:

Russia, China Grapple With Mali’s Future

There is a saying, “Once bitten, twice shy“. Russia and China claim to have been bitten once: when the West turned the United Nation’s Security Council resolution 1973 on its head and proceeded to invade Libya. Moscow and Beijing became shy when the West tried to do another Libya, over Syria. When the West mooted […]

Rate this:

Revolution in the Kingdom of Saudi Arabia?

Saudi Arabia is the world’s last absolute monarchy. Like Louis XIV, King Abdullah has complete authority to do as he likes. But while a revolution in Saudi Arabia is still not likely, the Arab Awakening has made one possible for the first time, and it could come in President Obama’s second term. Read Here – The Daily […]

Rate this:

China Communist Party Unveils New Leadership With Xi Jinping At Top

China‘s ruling Communist Party unveiled its new leadership line-up on Thursday to steer the world’s second-largest economy for the next five years, with Vice President Xi Jinping taking over from outgoing President Hu Jintao as party chief. Xi was also named head of the party’s Central Military Commission, state news agency Xinhua said. The other new members […]

Rate this: