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When the G8 major economies convened at Camp David last weekend, the continuing crisis of the euro, common currency of 17 European Union (EU) members, dominated the economic discussions. The agonies of Greece, badly divided in recent parliamentary elections, and forced to vote again on 17 June, were at the forefront.
With Europe collapsing, China stumbling, and India and Brazil retreating from full free market reform, we’re the last stable, pro-growth economy left.
As theEuropean Unioncelebrates its fiftieth birthday, a trenchant new study of the continent"s economic history shows that reforms are needed.
In many European countries, churches fill up only on Christmas day; Europeans are so thoroughly secularized that clerics regularly question the existence of God. In America, on the other hand, politicians habitually invoke the Almighty and religious inspiration continues to play an important role in public life. Which of...
The Byzantine Empire’s long run — 1,100 years — may seem remote from the 21st century, but a reading of its history offers at least three timeless lessons.
If there is one success story since 9/11, it has been the efforts to combat terror finance. If military action is sometimes akin to conducting surgery with an axe, efforts to dry up sources of funding are like wielding a scalpel.
When Vladimir Putin returns to the Russian presidency on Monday, May 7, the pageantry surrounding his inauguration will aim to portray a picture of unassailable strength, a confident master of his domain invulnerable to pressures from within or without. But things are not quite as stable...
Mead urges Washington to “enter into deep strategic conversations” with each of these powers, so as to start building effective partnerships. The problem is, we’ve already tried that, with most of them.





