The food bubble
Prices of agricultural commodities are soaring. What are the causes? Many are natural, others are contingent on market forces. International organizations are now scrambling to assess what, if anything, can be done.
The changing face of the Middle East
The Great Arab Revolt of 2011 offers a crucial lesson for the West: do not follow the usual routes, which are often as wrong as they are familiar.
The new challenge posed by the dramatic changes in the Middle East is how to maintain stability. To do this we need to understand who our new interlocuters are. We hope those who have effected the trasformation will also prove to be viable counterparts.
Libya is not Egypt. And yet the people of both countries have been enflamed by a desire to take their political destiny into their own hands. How each country differs depends largely on its historical relationship to the West and its own indigenous cultures.
The riots across the Arab world have been largely determined by the reaction of the military. So how do they compare?
Things change quickly. If we don’t want to be caught out we must use our imagination to forecast possible outcomes and take the right steps.
Most of the countries experiencing upheavals are NATO partners in the Mediterranean Dialogue and the Istanbul Cooperation Initiative. So what happens when a hostile warship takes advantage of the turmoil to provoke the Alliance?
Ironically, much of the recent strife has been the fruit of past economic reforms. Whoever now gains power will have to build on them.
There’s no dispute that something needs to be done about America’s runaway deficit. The spending of recent years will have to end. Now everyone is asking how much pain it will take to rein it in.
Some say US economic power is waning. But the fundamentals tell a very different story. No one comes even close.
Germany is a prime mover, both in Europe and beyond. What are the key challenges and opportunities of Berlin’s primacy?
France’s prime minister has long been seen as the president’s lightning rod. François Fillon is showing how this may no longer be the case.
As Lula hands off the baton to Dilma, his handpicked successor, everyone is wondering if she can sustain Brazil’s remarkable growth in recent years without falling prey to Brazil’s traditional nemesis: inflation.
Most observers agree that charity by itself might be the worst thing for Africa’s future. There needs to be reform. But given Africa’s many problems, finding a solution will require more political will than largesse.
As Beijing asserts itself and shifts its own economy toward more sustainable growth, an increasingly integrated East Asia is poised to become the world’s third economic pillar.
Everyone is on edge about US-China current account imbalances. Though some are busy blaming Beijing, market forces and government actions bode well for both economies.
Subsidies for ethanol was an idea the former VP sold to Congress with a zealot’s fury. Now the green prophet is backtracking.