Britain’s Tarnished Sterling: A Global Warning for Theresa May on Brexit
At 7:07 last Friday in Hong Kong, the British pound suddenly plummeted: In the next two minutes it fell 6.1 percent, to $1.18, its lowest level since 1985. In the next half hour, it regained most of the loss, ending…
As Ties With Russia Grow Hostile, Three Dangers to Watch For
Now that Washington’s efforts to resolve the Syria crisis jointly with Moscow are a complete debacle, what else can get worse before President Obama cedes the White House to his successor? The answer could not be grimmer: U.S.–Russian relations across…
The Failed Ceasefire in Syria Now Leave Russia in Charge
Now that Secretary of State Kerry’s latest effort to forge a ceasefire in Syria is in ruins, he was right about at least one thing: That was the Obama administration’s last, best hope to lead warring sides toward a settlement….
The Failed Syria Ceasefire Pushes US-Russia Relations to the Brink
Unless there’s a quick and drastic turn for the better in Syria, the US may reach its moment of truth with Russia. If Washington is simply unable or unwilling to work with Moscow to resolve the conflict, it’s likely that…
Why the Kerry-Lavrov Syrian Ceasefire–the 9th Try–Better Hold
After a long walk on a stony path in the wee hours of Saturday in Geneva, Secretary of State John Kerry and Sergei Lavrov, his Russian counterpart, finally reached a Syrian ceasefire agreement – again. A week-long “cessation of hostilities”…
In One Week, Obama’s Ambitious Trade Pacts Are Coming Apart
Big trade deals across both oceans were supposed to be two marble monuments the Obama administration bequeaths to posterity. But as the president completes his second term, it’s more likely that he’ll leave behind a half-built and poorly carved stone…
As US Clout in the Mideast Declines, Russia and Iran Muscle In
It has long been clear that the Obama administration will hand its successor a dangerous mess in the Middle East, centering on Syria and emanating outward. Is it now ceding so much initiative that it risks delivering the next president…
Why It’s Time for the Fed to Green Light a Strong Stimulus
Even if a central banker is all you ever wanted to be, you’d have to think twice as you head for the Federal Reserve’s annual symposium in Wyoming later this week. After seven years of quantitative easing and inflation targeting,…
Bashing Trump Is Easy. Seeing His Foreign Policy Is Smart Takes Guts
Is Donald Trump “dangerous,” as 50 G.O.P. national security “experts” asserted in an open letter—the second this year—published last week? Would he be “the most reckless president in American history,” as they also warned? Jeffrey Goldberg calls Trump “a de…
4 More Foreign Policy Challenges that Clinton Could Botch
Hillary Clinton threw down a gauntlet worthy of a medieval knight when she attacked Donald Trump’s foreign policy competence in her much-noted speech in San Diego a couple of months ago. She bragged that she was the voice of experience…
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