The Federal Reserve announced a future strategy to contain the money supply and inflation that no one should believe will work.

It may be time for drug companies to invest only in countries that truly protect intellectual property rights.

Today's attack indicates that the policy of appeasing the Taliban has failed. Diplomatic engagement with the Taliban will not produce any results until the terrorist group is defeated militarily. One-sided engagement policy is not an exit strategy but a recipe for failure.

In considering the timing of the Federal Reserve's exit strategy, Chairman Ben Bernanke should not underestimate the potential fallout of a Greek failure on the U.S. and global economies.

As the Obama administration speeds up the drawdown in troops and rushes for the exit from Afghanistan, the Taliban has begun to celebrate the American withdrawal as a victory, and it is preparing for a comeback after foreign troops leave the country.

Christine Lagarde should substantially change the IMF's policies toward Greece.

It is not a moment too soon for the IMF to start planning how to respond to a spate of Euro-zone sovereign debt defaults, and the possible Euro exit of a few countries within the next year or so.

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In the months ahead, there will be a renewed intensification of the European debt crisis that could have major implications for the US economy.