Iraq is using its influence in the international oil markets to throw up serious obstacles to Kurdish crude sales—and therefore Kurdish independence.
Though there are some important differences this time around, the solution to this recurring nightmare remains the same—and remains unlikely.
The IRS scandal has been clouded by partisan hype, but reports that Lois Lerner’s hard drive might not have been dead after all suggest that a tipping point has been reached.
Putin reportedly ordered the Russian government to consider ending Gazprom’s monopoly on gas exports, but a Kremlin economic adviser says the state-owned firm’s grasp on markets abroad is “unshakeable.”
Russia’s operatives could be taken to the International Criminal Court for their role in the downing of flight MH17 over Ukraine. Even ICC skeptics in America ought to be open to this approach.
Middle-class incomes are stagnating while prices for many basic goods and services continue to rise. It’s time to think about how to make things cheaper, not just how to subsidize their expense.
The hope that the MH 17 crash would galvanize EU efforts to impose sanctions on Russia now looks increasingly unrealistic.
The Assad regime is gearing up for an ISIS attack on Aleppo, Syria’s largest city. The showdown could gain ISIS fame, followers, and a strategic stronghold if it wins—or destroy the group if it loses.
A leaked letter from the New York Fed takes Deutsche Bank to task for “low quality, inaccurate and unreliable” bookkeeping.
Japan is joining the annual U.S.-Indian naval drill. Beijing can’t be happy that its two strongest opponents among its neighbors are drawing closer together.