No Respect
India Takes Turn at New Global Sport: Ignoring John Kerry

India’s cancellation of a major WTO agreement while the U.S. Secretary of State was in town was just the latest in a series of slights that indicate an alarming decline in U.S. influence.

The Rise of Khan
Pakistan’s Sharif Calls in the Army

By calling in the army to Islamabad ahead of Pakistan’s independence day—ostensibly for general security reasons but plausibly because his rival Imran Khan is planning massive demonstrations in the city—Prime Minister Nawaz Sharif may be headed for a showdown.

Raising the Alarm
NYT: New York City’s Public Pensions a Mess

NYC’s public pensions are underfunded and, given Mayor Bill de Blasio’s recent deals with teachers’ unions, even more overcommitted than before. What can’t go on, won’t.

Still Here
Terror’s War on Civilization Grows

The Obama Administration appears to be treating gains by terror groups around the world as separate, localized problems. But the whole, unfortunately, is greater than the sum of its parts, and that whole amounts to a global conflict that at the moment civilization cannot claim to be winning.

To The Casino
Public Pension Funds Are in Trouble

Even NPR is raising the alarm: Underfunded public pensions are turning to the Wall Street casino to try to square the circle of generous benefits coupled with unrealistic growth projections.

Far-Right Revival
Marine Le Pen Takes the Lead in French Presidential Poll

A new poll about the next Presidential election shows Marine Le Pen ahead of her main rivals. The European far right is becoming a force to reckon with in national politics, not just the EU parliament.

© Getty Images
The Weekend Read
The Radical As the Vanguard of the Status Quo

The middle ground in the tragic conflict between Israel and the Palestinians will never be found by insisting on either radically partial Zionist or anti-Zionist narratives that ignore the basic facts.

Rolling the Dice
PA Fix for Pensions: Get Me to the Casino

Pennsylvania’s Democrats are gung-ho about using pension obligation bonds to finance a serious shortfall in the state’s pension system. This is probably not a very good idea.

Higher Education Bubble
Families Depending Less on Student Loans

Families aren’t borrowing as heavily to send junior off to college, rather relying more on savings and scholarships. That’s pretty good news—but not for some private schools, which are slashing prices in an attempt to reverse the decline in enrollment.

Foreign Policy a la Modi
India Scuttles WTO Agreement

Modi’s first major act of economic policy is to defend the worst and most damaging set of misguided policies that hinder India’s progress

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