Here’s the Bad News for America If Britain Leaves the EU
In a little more than a month, Britons will decide whether to remain in or leave the European Union—a choice that could shift alliances, economies and trade agreements throughout the developed world. Americans have a big stake in whether the…
The Pentagon Is Endangering Our Economic Ties With China
When China refused to allow the USS John C. Stennis to dock in Hong Kong 10 days ago, it got only modest mention in the news reports. Keeping the nuclear-powered supercarrier and its strike group out of a port where…
If Consumers Don’t Open Their Wallets, We’re In for Another Recession
Apple, the totemic icon of high-tech’s promise of eternal growth, reports its first revenue decline in 13 years. The Eurozone is back from the brink. The U.S. economy may not be. All this in the same week. And let’s not…
The Mideast Mess Obama Will Leave Behind
What a dismal week in the Middle East for the Obama administration. In the course of a couple of days, the partial ceasefire in Syria began to fray, the peace talks in Geneva turned stony, and the Saudis pointedly cold-shouldered…
The Biggest Cause of the Next Recession? Wary Consumers
The big question at the International Monetary Fund’s annual gabfest last week was why global economic growth is chronically slow and what can be done to shift into a higher gear. I.M.F. and World Bank economists have many ways to…
China Is Buying Up US Companies — Does Anyone Care?
During the late 1980’s, Americans were in a tizzy during the wave of Japanese corporate and real estate acquisitions. Well, here come the Chinese and, in all likelihood, here comes the tizzy. When Americans think of China, here’s what comes…
Trump Is the Wrong Messenger, But He’s Raised Some of the Right Issues
Donald Trump is never short of controversial remarks and highly unlikely policy positions, but his recent ventures into foreign affairs have prompted unusually sharp reactions even by Trump’s standards. First came a scathing open letter from 120-odd Republican national security…
While Europe Girds for the Next Attack, Is the US in ISIS’s Crosshairs?
The terror attacks in Brussels last week fairly zapped the American political conversation. Among our presidential aspirants, it’s suddenly all about foreign policy and national security—a long overdue focus. We have two new truths confronting us now. One, the Islamic…
Obama Faces Painful Choice in Syria as Peace Talks Falter
Following the ceasefire in Syria negotiated a month ago by Washington and Moscow, Secretary of State John Kerry must now work out a long-term settlement in Syria. Any agreement involves not only the Assad regime and the Russians — a…
Draghi and the ECB Are Pumping Up Europe’s Economy—Will it Work?
Mario Draghi and the European Central Bank president’s announcement of new monetary measureslate last week is a shrewd contribution to the fight against sluggish growth and the now-chronic threat of deflation. The markets had figured for weeks that Mr. “Whatever…
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