A nation that has the aspiration to become a leading power someday cannot continue with unsettled borders, an unintegrated region and under-exploited opportunities. Above all, it cannot be dogmatic in approaching a visibly changing global order. Napoleon once said that history is a version of past events that people have decided to agree upon. The […]
With 5G it is possible to do enormous amounts of computing at very high speeds and without having to connect the input device—a cell phone, say, or a self-driving car—to a wire of any kind. But those high speeds are possible only if the rest of the system (signal towers, base stations, distributed servers, and […]
Now that the old rules governing macroeconomic cycles no longer seem to apply, it remains to be seen what might cause the next recession in the United States. But if recent history is our guide, the biggest threat stems not from the US Federal Reserve or any one sector of the economy, but rather from […]
China’s all-consuming focus on sealing a US trade deal forced its top trade negotiator to cancel a trip to Brussels, raising the risk of Europe being pushed “off a cliff”, according to the head of a leading European business group in Beijing. Read Here – South China Morning Post
Abu Bakr al-Baghdadi, the reclusive leader of the world’s deadliest terrorist movement, was killed during a daring nighttime raid by U.S. Special Operations soldiers in northwestern Syria, President Trump announced…After five years of spawning terror that reached the far corners of the globe, the leader of isis was trapped—“whimpering and crying and screaming”—in a dead-end tunnel, with […]
The real problem with the phase one accord announced on October 11 is the basic structure of the deal into which it presumably fits. From trade to currency, the approach is the same – prescribing bilateral remedies for multilateral problems. Read Here – Project Syndicate
Even if the Trump administration moves closer to Turkey, the relationship between the country and Congress will sustain long-lasting damage. It’s unclear whether the latest cease-fire will mollify the cries to punish Turkey. Read Here – The National Interest
The war that now looms largest is a war nobody apparently wants… Iran has no interest in a wide-ranging conflict that it knows it could not win. Israel is satisfied with calibrated operations in Iraq, Lebanon, Syria, and Gaza but fears a larger confrontation that could expose it to thousands of rockets. Saudi Arabia is […]
The Federal Reserve’s old moniker of “lender of last resort” is no longer relevant. Its policy of holding its federal funds rate above levels seen anywhere else in the developed world and borrowing near these rates has made it the “borrower of first resort.” This is problematic. Read Here – The National Interest
While India welcomes the opportunity to serenade the American president in front of the diaspora, Delhi should be careful about not crossing some red lines. China, for example, is getting into trouble in many countries for turning its relationship with the diaspora into an active intervention in the domestic politics of the host nation. Given […]
looking beyond borders 