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Week In Review

We ran three big essays:

  • While you might think that Republicans will be on the forefront of pushing America to re-think its commitment to the outmoded blue model, it may also be Democrats looking for efficient and sustainable means of delivering popular public services that catalyze the change.
  • As the Spanish oil company YPF was unceremoniously relieved of its concessions in Argentina’s Chubut province, we noted how this is historical par for the course for foreigners trying to do business in that country. Culture matters most: a tradition of fleecing foreign investors has more than made up for any natural resource blessings in keeping Argentina from reaching its full potential.
  • As top Saudi cleric has issued a fatwa that not only must new Christian church construction be stopped, but that all existing churches should be demolished, we worked through a hypothetical inter-faith dialogue to shed some light on how the politics of tolerance and progress continue to play out.

The trials and tribulations of the green movement bubble up to the fore of our news feed this week. Though European officials were incredulous, India joined China in opposing the EU’s carbon trading scheme for airlines, an act that may precipitate the first green trade war. In Australia, yet another Labour Prime Minister saw her fortunes decline by its blind pursuit of blinkered green policies. As President Obama pirouetted around his evolving stance on the Keystone pipeline, the New York Times acknowledged the debt we owe to the Bush/Cheney administration for putting America on the road to energy independence. The Chinese, no fools themselves, are following suit with an ambitious attempt at domestic fracking. And Via Meadia clearly laid out why we’re skeptical of the climate movement itself.

As Syria continued to unravel, both the West and Russia were backing away from their favored sides in an attempt to find a UN-brokered solution. Even Israel, a state with tangible interests in the conflict’s outcome, feels like it can’t do anything one way or another. And through it all, humanitarian activist agitation continues to be predictably counterproductive, inevitably prolonging the bloodbath and harming the very people they  profess to protect.

Is Israel really serious this time about attacking Iran? It would appear so though the future is, as always, hard to read. Meanwhile, sanctions against Tehran continued to bite, with China substituting its oil imports with Saudi product, South Africa tightening the noose from its end, and India finessing its stance as well.

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  • Kris

    “In Australia, yet another Labour Prime Minister saw her fortunes decline by its blind pursuit of blinkered green policies.”

    How disappointing! How can Australians possibly sleep through this, when due to Global Warmening, their very beds are burning?

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