Anger in Athens as Greek Austerity Measures Passed

It came after a night of rain, tear gas and clashes. But after four months of tortuous negotiations and a rancorous parliamentary debate, the Greek parliament finally announced late on Wednesday night that it had passed the most draconian package yet of austerity measures needed to keep Europe‘s weakest economy afloat. Following heady scenes inside and […]

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In The End, Obama Won On The Economy

In the end, President Barack Obama won re-election on the issue that was supposed to send him packing: the sluggish U.S. economy. The United States is still digging out from the deepest recession in 80 years, and employers are barely adding enough jobs to keep pace with population growth. Trillions of dollars of household wealth have vanished in […]

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Obama Wins Re-election With Romney Defeated in Key States

Barack Obama, the post-partisan candidate of hope four years ago who became the first black U.S. president, won re-election by overcoming four years of economic discontent with a mix of political populism and electoral math. Obama defeated Republican Mitt Romney, with the Associated Press projecting the president winning at least 303 electoral votes in yesterday’s election, with 270 […]

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China’s ‘$2.7 Billion Problem’ Says Everything

Savvy investors eyeing the next big thing in China should consider cigarettes, nicotine gum and cancer-treatment providers. That is the upshot of a new Brookings Institution report that raises burning questions about the family of Li Keqiang. He is expected to be named China’s next premier at a Communist Party congress that begins on Thursday. Li’s […]

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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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Pakistan’s Hot Nuclear Greenhouse

Forty-seven years ago this month, Pakistan’s then Foreign Minister, Zulfikar Ali Bhutto, while on a visit to Vienna, had an unscheduled chat with a young, obscure nuclear scientist called Munir Ahmad Khan. “I briefed him about what I knew of India’s nuclear programme and the facilities that I had seen myself during a visit to […]

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Race & Money — And The Money In The Race

It’s just a few hours to the end of the race, but Race isn’t going to end anytime soon. It was pretty ugly in the 2008 presidential poll, too. Yet, 2012 makes that year seem benign. On the last lap, Mitt Romney is running as the Great White Hope, a Captain America against the illegal […]

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