The January 2011 revolution in Egypt changed the nature of Iran–Egypt relations. Unlike the old Egypt under Hosni Mubarak, which perceived Iran as its main threat, the new Egypt seeks close relations with Iran in the broader context of regional cooperation in solving regional issues, such as that of the Syrian crisis. This development may create […]
The White House likes a bit of threat. In his State of the Union address, Barack Obama wanted to nudge Congress yet again into passing meaningful legislation. The president emphasized that America‘s enemies are “seeking the ability to sabotage our power grid, our financial institutions, and our air traffic control systems.” Read Here – Foreign […]
At the end of last year, Japanese Prime Minister Shinzo Abe fired a loud salvo. In a forceful attempt to kick start Japan‘s economy from its decade-long stupor, Abe leaned on the Bank of Japan to set a 2% inflation target. He threatened to pass a law to limit the central bank‘s independence if it […]
When Prince Turki al-Faisal suggested last year that the House of Saud would join in the U.S.-led sanctions against Iranian oil, by seeking to displace Tehran’s oil exports from the global economy, he was not referring to a novel idea. Indeed, Saudi Arabia has led two prior oil wars against Iran. Read Here – The National Interest
When Arab societies rose up and toppled four dictators during 2011—in Tunisia, Egypt, Yemen, and Libya—people around the world joined in the celebration. Yet soon after the autocrats’ fall, a wave of apprehension washed over many in the policy and intellectual elite in the United States, Europe, and the Middle East itself. The warnings and […]
The United States often uses exaggerated civilian casualty numbers to make a case for military intervention in strife-torn regions. Since the 1990s, the West has justified its military interventions on liberal grounds — to remove noxious leaders who oppress their people or who have begun to conduct policies that appear genocidal. Buoyed by the intervention […]
Since the second half of 2012, financial markets have recovered strongly worldwide. Indeed, in the United States, the Dow Jones industrial average reached an all-time high in early March, having risen by close to 9% since September. In Europe, European Central Bank President Mario Draghi’s “guns of August” turned out to be remarkably effective….But this financial market […]
Two new books lament the outsized role of the military in Israeli national security decisionmaking, blaming the generals for favoring force over diplomacy. But the military has sometimes been a force for peace and moderation, and in truth the persistence of the Arab-Israeli conflict is the result of far more than just Israel’s bureaucratic politics. […]
Early this year, China found a missing province, one doing very well for itself. The total GDP for 2012, according to the National Bureau of Statistics, was 51.9 trillion yuan. The total GDP figures of China’s 31 provinces for 2012 added up to 57.6 trillion yuan, giving the phantom 32nd province an annual GDP of 5.7 […]
Lost in this cross-wired debate is the issue of the long-term future of the economy. Britain has been finding it difficult to recover from the financial crisis not just because of its austerity policy but also because of its eroding ability to engage in high-productivity activities. This problem is most tellingly manifested in the country’s […]
looking beyond borders 