This could get ugly, fast.

The United States is understandably worried that sanctions against Russian energy companies would adversely effect its biggest customers: our allies in Europe. But by focusing its efforts on preventing new oil and gas tech from making its way to Siberian shale and Arctic oil and gas reserves, the West could hamper Russia’s long-term strategic interests without endangering its short-term energy needs.

American biofuel producers have reduced their output this year, as the EPA considers not increasing the biodiesel mandate. This is good news, but we need real reform to end the US biofuel boondoggle.

Japan is rearming and rethinking its approach to regional security. Today, Prime Minister Abe declared that Japan’s military should be permitted to come to an ally’s defense.

With anti-China riots continuing in Vietnam and China starting to build on a remote reef near the Philippines, things are getting hot in the South China Sea.

History’s largest election ended this week, results are to be released on May 16, and Narendra Modi looks set to win big. His victory will undoubtedly have consequences for U.S.-India relations.

Chris Christie’s sixth credit downgrade since 2010 ties him with former Democratic Governor James McGreevey for the most credit downgrades for a New Jersey Governor. Not all the blame lies with Christie, however. The embattled Governor inherited the state’s pension mess, and a Democratic-controlled legislature is reluctant to help him fix it.

Young households without student debt accumulate seven times the net wealth of young households with student debt. And student debtors also rack up far more debt of every sort.

American green groups successfully stalled construction of a new coal export facility in Oakland, California, on grounds that the terminal would be detrimental for our climate. In their quest to save the planet, environmentalists want to deprive developing countries from one of the cheapest sources of baseload power.

More Jews will have left France for Israel by the end of 2014 than in any other year since 1948, when Israel was founded—and a new poll shows that Jew-hatred is a worldwide problem.