A report by Israel’s state comptroller is taking the country’s top political leaders to task over the botched May 2010 raid on a Turkish aid ship defying the naval blockade of Gaza. The incident led to the deaths of nine activists and severe injuries to several Israeli soldiers.The New York Times highlights the major findings of […]

Senator Carl Levin, chairman of the Senate Armed Services Committee, has called for the United States to drastically cut its nuclear arsenal to a level far below that which is allowed under current agreements. The U.S. signed a treaty with Russia in 2010 that requires both countries to reduce their deployed strategic warheads to 1,550 over […]

A few weeks ago, we reported that investors in Greece were beginning to pull their money out of the country’s banks. Although that flood had slowed down of late, it is beginning to pick up again ahead of the elections on Sunday—and this time the flood may grow into a deluge. The Wall Street Journal […]

That’s the reality, writes Matt Miller in the Washington Post: You [younger Americans] are in big trouble. You don’t even know it. You’re busy trying to get a degree, land a job, start a family, save for a home. You don’t follow the news. But trust me—you’ve been taken for a ride by your elders. . […]

For years, American energy companies and political officials hung on every word uttered by their OPEC counterparts. This year, OPEC member states are the ones running scared: In Vienna, Ryan Lance, chief executive of ConocoPhillips, the third-largest US oil group by production, set out a vision of a global shale oil revolution to chill Opec members’ […]

In another sign of Asia’s rising affluence and a growing middle class, budget airlines are proliferating across the region. As the New York Times reports, new low-cost airlines are sprouting up everywhere, from Singapore to China to Japan, and established carriers are attracting many more passengers: Just five years ago, Asia-Pacific airlines had a combined fleet […]

One of America’s best young economists, Luigi Zingales, has some smart things to say about fixing the problems with financing American higher education: Investors could finance students’ education with equity rather than debt. In exchange for their capital, the investors would receive a fraction of a student’s future income — or, even better, a fraction […]

Over the past three years of crisis in Europe, a regular pattern has emerged. European leaders argue for months as the situation in a troubled country steadily worsens, but finally cobble together a halfhearted deal at the last possible minute. Investors breathe a sigh of relief, bond yields go down, and things begin to stabilize. […]

Way to go, Australia: Australia plans to create the largest network of marine parks in the world, protecting waters covering an area as large as India while banning oil and gas exploration and limiting commercial fishing in some of the most delicate areas. The country’s marine reserves will increase to 60 from 27 under the […]

The CIA is in Syria, according to today’s WSJ. U.S. intelligence operatives and diplomats have stepped up their contacts with Syrian rebels in part to help organize their burgeoning military operations against President Bashar al-Assad’s forces, according to senior U.S. officials.As part of the efforts, the Central Intelligence Agency and State Department—working with Saudi Arabia, […]