The Eurozone Deal Cyprus Could Not Refuse
At last there is a deal on the table to avert financial and economic collapse in Cyprus, a threat to the euro, and bank runs elsewhere in the European Union. At this writing, the terms Cypriot President Nicos Anastasiades negotiated…
The Cold War Heats Up Between the U.S. and N. Korea
When Defense Secretary Chuck Hagel announced last Friday he would deploy14 new missile interceptors on the West Coast to thwart a potential nuclear attack from North Korea, the U.S. was squarely placed back in the Cold War. Hagel was responding…
Is “Abenomics” Japan’s Second Economic Miracle?
Shinzo Abe is proving to be a surprise-a-minute prime minister. This week he will announce his intention to enter talks with the US on a controversial free-trade pact called the Trans–Pacific Partnership, according to Japanese media. It is the latest…
The Post Austerity Way Forward for Europe
Italian voters delivered a hopelessly inconclusive election result last week. But the message they sent–to their political leaders, to Brussels, to Germany, to the global markets–is crystal clear: The austerity policies now in place to remedy Europe’s fiscal and economic…
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