As the U.S.-Africa Leaders Summit draws near, some will undoubtedly bill it as the Obama Administration’s next move in an escalating competition with the Chinese in Africa. This oft-repeated and inaccurate platitude misrepresents both current geopolitical realities and commercial opportunities.
In a court-ordered vote, Detroit’s public sector retirees have accepted the cuts inflicted by the city’s bankruptcy plan. Ultimately, this is just one part of the damage done by the city’s corrupt, one-party political machine.
The scandal gripping the Cuomo Administration is a big boost for Camp Hillary’s chances in 2016 and an ugly example of the kind of cronyism and corruption that plagues the Empire State.
The new Hungarian Ambassador to Italy thinks Jews are “agents of Satan.” While Hungary’s government is the most overtly anti-Semitic in Europe, the hatred of Jews is on the rise throughout the continent.
Putin reportedly ordered the Russian government to consider ending Gazprom’s monopoly on gas exports, but a Kremlin economic adviser says the state-owned firm’s grasp on markets abroad is “unshakeable.”
The IRS scandal has been clouded by partisan hype, but reports that Lois Lerner’s hard drive might not have been dead after all suggest that a tipping point has been reached.
Russia’s operatives could be taken to the International Criminal Court for their role in the downing of flight MH17 over Ukraine. Even ICC skeptics in America ought to be open to this approach.
Middle-class incomes are stagnating while prices for many basic goods and services continue to rise. It’s time to think about how to make things cheaper, not just how to subsidize their expense.
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