The United States and Britain have long shared a special relationship, but the recent release of the Lockerbie bomber has put that relationship in jeopardy.

The Financial Stability Oversight Council is now prepared to designate 'systematically important financial institutions', another step towards creating an unhealthy and dangerous relationship between the biggest financial firms and the federal government. Read AEI financial services expert Peter Wallison's detailed insights on how this change poses a serious threat to the US financial system.

With tax day deadline here, Congress returned to Washington Monday to vote on the "Buffett Rule," a proposal to impose a minimum 30 percent tax on people earning more than $1 million.

The proposal, which failed in the Senate, resembles the alternative minimum tax (AMT) in one way -- it was...

A jihadist in plain sight in Lahore makes the most-wanted list.

Iranian outbursts towards the United States and Israel are nothing new, but the Iranian plot to assassinate the Saudi ambassador to Washington surprised many people. Iran's animosity toward Saudi Arabia, however, should have surprised no one.

Upon the victory of the 1979 Islamic Revolution in Iran, Ayatollah Ruhollah Khomeini led Friday prayers at Tehran University. His sermon would carry the weight of an American State of the Union address. With time, Khomeini and his successor Ali Khamenei designated a substitute prayer leader from amongst the regime hierarchy.

The Japanese military is emerging from decades of pacifism. But do the country's political leaders have the vision and the will to make the country strong again?

Many people, observing the severe problems caused by Greece and other financially weak members of the European Union, wonder why the United States is not similarly afflicted. After all, the structures seem quite similar; the EU is united through a treaty into a single political grouping, while the U.S. is a union of states in a constitutional system.