Turkey Stays Calm After Syria Downs Jet

Turks are known for a pugnacious, quickly roused nationalism; as a result, many observers have been predicting that Syria’s downing of a Turkish military jet yesterday could lead to greater Turkish pressure on Syria and even to military retaliation.But the news from Ankara this morning makes war less likely. Turkey’s President Abdullah Gul now says […]

Egypt’s Military Makes its Move; How will the Muslim Brotherhood Respond?

Following last weekend’s disputed presidential election results, when the ruling military rejected early victory claims by the Muslim Brotherhood’s candidate Mohammed Morsi, supporters of the Muslim Brotherhood have turned out in Cairo’s Tahrir Square to rally against the military. Last night, the protests hit its largest turnout, setting up an unprecedented showdown between the Muslim […]

Three Cheers for Serviceable Hypocrisy

In response to my most recent post, one of my loyal readers (my only loyal reader, for all I know) asked me to expound on the U.S. policy implications of what is going on in Egypt. I was going to do so in that earlier post, but I try to keep these things relatively short, […]

Boko Haram: A Threat Abroad?

As another frenzy of religious violence engulfs northern Nigeria, the United States is making its first substantial policy move regarding the situation. As Reuters reports, the State Department has now officially designated three of Boko Haram’s leaders as “foreign terrorists,” although Boko Haram itself has not yet been designated as a terrorist group.This designation may […]

EU “Fab Four” Meet and Fail in Rome

The euro is significantly closer to failure and Europe is closer to a meltdown after the leaders of the four biggest eurozone leaders met in Rome and made no progress whatever. The “Fab Four” (Spain’s Mariano Rajoy, France’s Francois Hollande, Germany’s Angela Merkel and Italy’s Mario Monti) reaffirmed a pre-existing agreement to make some mostly […]

Japan: Keynesian Poster Child

For years, Japan has been the poster child for Keynesianism—and not in a good way. Its “lost decade” of economic stagnation is well known (at this point, it’s closer to two decades than one), and this is only the beginning of its problems. Japan has been running a large budget deficit for more than twenty […]

The Brighter Side of a Military Coup

The presidential election and the military’s “creeping coup” have dominated the headlines in Egypt, but this week’s events in the Sinai remind us that there are plenty of reasons to pay attention to the country besides its elections. A band of militants crossed into Israel from Egypt and staged a ambush that claimed the life […]

White House Looking for Syrian Exit

Although the Obama Administration has had some surprising foreign policy successes, Obama’s Syria policy has been a case study in incoherence and mismangament. After remaining relatively quiet in the early stages of the crisis, Obama escalated his rhetoric to ridiculous levels, calling for regime change in Syria and demanding that that Assad step down, yet […]

For U.S., No Worries in Brazil-China Currency Swap

Today’s FT carries some news that is bound to raise a few eyebrows in America: Brazil and China have agreed to a currency swap deal that constitutes a “vote of confidence” in China’s efforts to promote the renminbi as a reserve currency.There is a tendency among some at home—and many abroad—to see China’s push for […]

Julian Assange: A Star Goes Dark

Two years ago, Julian Assange was the most infamous man in the world. Discussions of Assange and Wikileaks attempted to plumb the mysteries of this renegade crusader for truth and honesty above all else. Hero to some, villain to others, Assange, most agreed, was a powerful idealist. But now, two years later, the Assange saga […]

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