The World Ignites
Western Jihadis Release ISIS Recruitment Video

ISIS is not just the Middle East’s problem. As a new recruitment video makes clear, it’s full of Western jihadists. What happens if they decide to come home?

The World Ignites
Iran’s Popularity Plummets in Middle East

Iran is one of the main sponsors of terror in the Middle East, and now it’s losing popularity in the region.

Don't Cry to Me Argentina
Argentina Seeks Home Court Advantage

Argentina is having trouble paying its bondholders back due to two U.S. Supreme Court rulings. Its solution? Let’s just resolve the whole mess under Argentinian law.

Iraq Disintegrates
Kurdistan Exists: What Now?

The Kurds now stand as perhaps the most coherent and powerful force in Iraq, and they will probably elect to form their own state. Turkey may well be backing them. What then will Washington do?

Don't Cry to Me Argentina
SCOTUS to Argentina: Pay Up, Deadbeat

The Supreme Court said that Argentina had to tell US bondholders where it was keeping its assets around the globe and had to pay creditors back in full from its 2001 default, in a pair of rulings that delivered a body blow to the South American republic yesterday, and may have important repercussions well beyond its borders.

Blue Civil War
Obama Makes the Trains Run on Time

President Obama ended a transit strike in Philadelphia by executive order. Democrats are increasingly forced to choose between the interests of consumers of government services and the unionized providers of those services.

Innovation Imperiled
Patent Trolls Cost Start-Ups Billions

“Patent trolls”, which exist solely to sue productive companies for patent infringement, are becoming a major threat to tech innovation in the United States.

Iraq Disintegrates
How Turkey Could Drag NATO and the US into Iraq

ISIS seized eighty Turks, including 49 consulate workers, during the conquest of Mosul. As Turkey seeks their release, NATO—and the US military—may become involved.

Crony Capitalism Watch
Congress Nixes Cheap Flights to Europe

The House of Representatives moved to block a budget airline from offering cheap flights to Europe on Tuesday at the behest of established airlines and unions.

The Fracas in Caracas
Sex, Dollar Bills, and the Venezuelan Black Market

Venezuelan prostitutes have been moonlighting as currency traders recently. The former job is legal in Venezuela, but the latter isn’t.

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