Japan Snaps Back, Moody’s Drops Credit Rating. Huh?
This week Japan became the latest nation to get a downgrade from one of the rating agencies that seem to whizz around the world pronouncing this economy or that unworthy of its previous status. On Wednesday, Moody’s dropped Japan from…
Do’s and Don’ts of a Post Qaddafi U.S. Policy
“American aid, not American troops,” President Obama declared from a Martha’s Vineyard vacation house on Monday as news of Tripoli’s fall toinsurgent forces flowed in. In five simple words, the President described a fundamental turn in U.S. policy abroad – a…
The Unwinnable Afghan War: Get Out Now to Save America
It’s supposed to be the dog days of August, but we find ourselves watching global markets on a frightening teeter-totter and waiting for Washington to cobble together a debt deal that may or may not hang together. More tragically, the…
Asia Becomes More Asian as America’s Power Shrinks
Late in June, Chinese fighter jets crossed into Taiwan’s airspace in pursuit of a U.S. spy plane. The U.S. aircraft quickly exited the area, avoiding the kind ofembarrassing push-and-shove that followed when American spies were actually forced down on Hainan Island, off…
The Big Question for China as Global Growth Slows
Part 1 The investing world awoke from America’s debt-ceiling nightmare this week only to realize that global growth is hitting the brakes all around the planet—including China. “China is not collapsing, [but] it’s notably slowing,” Harvard economist Kenneth Rogoff told…
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