The European Union is planning to tax all airlines that travel to and from the 27 EU nations based on the amount of carbon emissions they produce.  The tax, to be collected beginning in 2013 for prior year emissions, will be calculated based on the length of each flight. The farther the airlines travel, the heftier the tax.

The following is a letter to the editor in response to an April 8 op-ed in The Financial Times on the possibility of countries opting to leave the eurozone.

The Cold War is an increasingly distant memory in American military minds, except in the minds of the arms control community, and in particular those who seek the elimination of nuclear weapons. Alas, our president is a member in good standing of this community—indeed, an organizer.So, too, it...

We are not in a cold war with China. That is too simple a metaphor to describe the state of Sino-American relations.

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. 

German and French policymakers have yet to face up to Europe’s real policy choice. They could choose to continue the pretense that the euro can be preserved in its present form. This would run the real risk of a costly and disorderly unraveling of the euro that could embroil a...

Read this with charts as a PDF 

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

Ambassador Bolton's review of John Fonte's book "Sovereignty vs. Submissions:  Will Americans Rule Themselves of be Ruled by Others?"