Can Russia Lead the G20?

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. […]

Rate this:

Time for U.S. to Stop Shielding Israel

We are now set for a third term for Israeli Premier Benjamin Netanyahu. And, although Netanyahu’s Likud–Yisrael Beiteinu coalition seems to have underperformed expectations, a plurality of the vote will allow him to once again lead Israel’s government. But even a somewhat moderated Netanyahu government will continue to advance radical positions that put regional and […]

Rate this:

Fracking Means A New Middle East

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 […]

Rate this:

Violent Dissent And The Dream Of Democracy

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 […]

Rate this:

Obama’s Parting Gift to Hillary Clinton

Last week campaign disclosure reports revealed that Hillary Clinton had finally retired the debt from her 2008 presidential campaign—with a little help from the guy who beat her, Barack Obama. Clinton’s debt once totaled more than $20 million, although it had dwindled to about $250,000 by last year. That’s when a team of top Obama donors decided […]

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:

The Unloved Dollar Standard

Since World War II’s end, the dollar has been used to invoice most global trade, serving as the intermediary currency for clearing international payments among banks and dominating official foreign-exchange reserves. This arrangement has often been criticized, but is there any viable alternative? The problem for postwar Europe, mired in depression and inflation, was that […]

Rate this:

Eyeing Rich Bounty, China In Line For Afghan Role

 China, long a bystander to the conflict in Afghanistan, is stepping up its involvement as U.S.-led forces prepare to withdraw, attracted by the country’s vast mineral resources but concerned that any post-2014 chaos could embolden Islamist insurgents in its own territory. Cheered on by the U.S. and other Western governments, which see Asia’s giant as […]

Rate this:

Western Democracy Under Pressure

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, […]

Rate this:

The New Political Geography Of Europe

The euro crisis has revolutionised politics across Europe. Established political parties are fighting for their lives; countries that thought of themselves as part of the European core are finding themselves on the periphery; and a huge gulf has emerged in the core of Europe. What we are witnessing, as the euro crisis enters its third […]

Rate this: