Photo Credit: Gage Skidmore Since China devalued its currency 3 percent, global markets have gone into a tailspin. Why should this be? After all, 3 percent devaluation in China could be countered by a U.S. tariff of 3 percent on all goods made in China, and the tariff revenue used …
However the Greek crisis ends, whether with Athens leaving the eurozone, or submitting and accepting austerity at the dictates of its creditors, the European Union appears headed for an existential crisis. Greece borrowed and spent beyond its means, like New York City in the ’70s, and Detroit, Illinois, and Puerto …
“U.S. Poised to Put Heavy Weaponry in East Europe: A Message to Russia,” ran the headline in The New York Times. “In a significant move to deter possible Russian aggression in Europe, the Pentagon is poised to store battle tanks, infantry fighting vehicles and other heavy weapons for as many …
Toward the end of the presidency of George H.W. Bush, America stood alone at the top of the world — the sole superpower. After five weeks of “shock and awe” and 100 hours of combat, Saddam’s army had fled Kuwait back up the road to Basra and Bagdad. Our Cold …
Who rises if Assad falls? That question, which has bedeviled U.S. experts on the Middle East, may need updating to read: Who rises when Assad falls? For the war is going badly for Bashar Assad, whose family has ruled Syria since Richard Nixon was president. Assad’s situation seems more imperiled …
“Could a U.S. response to Russia’s action in Ukraine provoke a confrontation that leads to a U.S.-Russia War?” This jolting question is raised by Graham Allison and Dimitri Simes in the cover article of The National Interest. The answer the authors give, in “Countdown to War: The Coming U.S. Russia …
Though “Bibi” Netanyahu won re-election last week, the Senate Permanent Subcommittee on Investigations will still look into whether the State Department financed a clandestine effort to defeat him. Reportedly, State funneled $350,000 to an American NGO called OneVoice, which has an Israeli subsidiary, Victory 15, that collaborated with U.S. operatives …
With Hillary Clinton scrambling to explain her missing emails, much of America is wailing, “Please don’t make us watch this movie again!” Why, then, would the Republican Party, with a chance to sweep it all in 2016, want to return us to the nightmare days of George W., which caused …
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