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socialist paradise
socialist paradise
Venezuela Crisis Sucks in Pepsi

As President Nicolas Maduro’s approval ratings remain low in the run-up to Venezuela’s December elections, the leader is invoking two of his favorite excuses for his country’s economic woes: private sector greed and international saboteurs.

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Venezuela’s Economy Spirals

Venezuela sells off an oil refinery, a reminder that shedding fixed assets is a one-off move that indicates a country is in long-term trouble.

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Walter Russell Mead & Staff
Trouble in Brussels

After threatening Putin with new sanctions over Syria, European leaders discover they lack the political will to deliver.

The United States is now going to have to figure out how to help Venezuela avoid completely melting down, with the Venezuelan strongman still at the helm.

Fear the Airpocalypse

Companies are defying orders to cut back on air pollution.

Asia's Game of Thrones

Philippine officials sought to clarify Duterte’s comments on separating from the U.S., but the situation is still murky.

Reefer Madness

Is it Gary Johnson’s world? Not necessarily.


Rosneft CEO Igor Sechin thinks Moscow can add 4 million barrels per day in the coming years.

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