Pension Despair
Public Pensions Have a $1 Trillion Problem

The total gap in public pension funding surpassed $1 trillion in 2012, a new record. Some of this is due to the recession, but short-sighted politicians deserve much of the blame.

Hollande Heads Right
Crushing Defeat Prompts Dramatic Changes for French Socialists

In the wake of his party’s big local losses, Hollande is tacking right. This may appease voters, but a showdown with Germany looms.

Once and Future NATO
Speaking Loudly While Carrying No Stick

Calls to expand NATO are a reckless response to Russian aggression. Taking on new members without committing to their defense risks hollowing out the alliance and handing Putin an easy victory.

State of the UN
United Nations: Forget Syria, Let’s Save the Whales

The UN International Court of Justice has nixed Japan’s Antarctic whaling program. Australia and New Zealand applaud the decision. Meanwhile, in Syria…

Islamists in Africa
Militants Attack Oil Facility in Nigeria

Militants have bombed a state-run oil facility in Nigeria. If the Islamist group Boko Haram is targeting the country’s key industry, we can expect a firm response from Abuja.

Defusing the Population Bomb
The Gray Lady Falls For the Malthus Trap

Food security warnings in a recent IPCC report have the New York Times asking, “Might Thomas Malthus be vindicated in the end?” The newspaper of record seems to have forgotten just how remarkable humanity’s ability to innovate is.

Modi Rising
Allies on the Outs: US Ambassador to India Resigns

The U.S. ambassador to India stepped down, as ties between the two allies remain strained. Is Modi the man to save the relationship?

Winter for Higher-Ed
GOP Targets Pell Grants

Paul Ryan’s proposed House budget includes a provision for freezing Pell Grants at their current levels for a decade. It doesn’t have a prayer of making it through Congress, but it could get a conversation going about the role of student aid in driving up college costs.

Motor City Meltdown
Detroit Cuts Pensions, Again

Detroit has decided to make the cuts to public pensions even deeper than expected. Pensioners in other cities should beware.

Gassing Up
China Hits a Big Green Milestone

For the first time, natural gas is flowing from an offshore field in China. This will help Beijing meet its ambitious natural gas targets, but it’s also good news for greens.

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