Student Debt Delinquency At All-Time High

Student debt has just hit a grim new milestone: the number of overdue student loans has reached an all-time high, as college students fall deeper into debt and their employment prospects dim. Bloomberg reports: Eleven percent of student loans were seriously delinquent — at least 90 days past due — in the third quarter of […]

The Bandwidth of the Future

A team of researchers at Bell Laboratories has reportedly developed a new technique for sending data farther and faster along fiber-optic lines, the physical infrastructure that forms the backbone of the internet. This is a big step. Researchers have long feared that there might be a limit to the speed and distance data can be […]

Obamacare Victories Carry a Heavy Cost

Last week, Obamacare supporters rejoiced over new estimates that California’s insurance premiums would be lower than expected under the ACA. But this week they’re being more cautious in their predictions.On Wonkblog, a pro-ACA outlet that cheered loudly when the California numbers came out, Sarah Kliff argues that success in the Golden State might not be replicable elsewhere. […]

State Schools Let the Good Times Roll

A number of states with some extra money on hand are increasing funding for their public university systems. This is a significant reversal: With the exception of North Dakota and Wyoming, every state now spends less money per student on public education than it did at the beginning of the recession. Many public schools increased tuition to […]

China Gives Greens False Hope on Climate Treaty

Beijing’s leadership is getting tough on environmental issues. Last week, President Xi Jinping vowed to hold officials who harm the environment “accountable for a lifetime.” And top officials have proposed a cap on carbon emissions for China’s next five-year plan, starting in 2016.  That news has greens in a tizzy, and has boosted their hopes for a global climate […]

More Glittering Success for Latin American Socialism

Argentina and Venezuela may one day grow weary of being global laughingstocks and turn to sensible policies, but at least for now the socialist dream lives on.The BBC reports that product scarcity has forced Venezuela’s “only wine maker” to stop selling wine to the Catholic Church, which is already suffering from a shortage of consecrated […]

Chinese Hacking Is Much Worse Than We Knew

A confidential report prepared by the Defense Science Board for the Pentagon found that the Chinese have been hacking American defense companies and government departments to a much greater extent than previously reported. The Washington Post got an advance look at the report, and it’s not pretty.Mark Stokes, the executive director of a think tank focused […]

EU Lifts Syrian Arms Embargo. Why Are The Russians So Livid?

There were two perplexing details in this morning’s announcement that the EU had agreed* to lift the arms embargo on Syria’s rebels. First, William Hague very clearly indicated that the UK (and presumably France) had no immediate plans to arm the rebels. But then Russia jumped in with a strident complaint. If the EU decision […]

As Libya Deteriorates, Obama Doubles Down on Caution

Here’s a reason you probably won’t hear to explain Obama’s reluctance to do anything substantive in Syria: his Libya policy is more and more clearly emerging as a big ugly flop, and it has made him gun-shy.The International Energy Association is now predicting serious oil supply problems in Libya, where the security situation continues to […]

African Union to UN: International Criminal Court Is Racist

The African Union is telling the UN, and specifically the International Criminal Court, to butt out of African affairs. Ethiopian Prime Minister Hailemariam Desalegn, also chairman of the AU, complained in particular about the ICC’s charges against (now President) Uhuru Kenyatta and William Ruto over their roles in tribal violence stemming from Kenya’s 2007 election. The […]

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