News Analysis
Gazproblems
Will Gazprom Start a New Price War?

To keep its share of its most important market, Gazprom may have to start cutting prices for its European customers.

Global Commodities Collapse
Australia Posts One of Its Worst Trade Deficits Ever

In recent years, Australia has looked to South Asia for business, but those countries’ economies, starting with China’s, are slowing.

The UK-EU Referendum
Rearranging the Deck Chairs on the Titanic

Britain has a genuinely different perspective on many problems in Europe—one which could help Europe, if Britain can bring its weight to bear.

Higher Education Watch
One Step Toward Fixing Student Loans

Colleges that accept federal loans should be required to mandate a course in financial literacy for freshmen.

2016
Rand Paul: A Jeffersonian in a Jacksonian Moment

2016 is looking more like the year of the angry, middle- or working-class nationalist than the year of the quasi-isolationist libertarian.

The Next Foreign Policy
US to More Than Quadruple Defense Spending in Europe

Move gives the next POTUS more tools in more places. Plus: an increase in anti-ISIS spending.

Asia's Game of Thrones
Thailand Pivoting to Beijing

China is buying influence with a key U.S. regional ally.

Iraq and Ruin
Collapsing Oil Prices Reveal Iraq’s Fragility

Iraq has been buying off restive population with oil wealth. What happens when oil markets seize up?

The Guild-ed Age
Sen. Mike Lee Takes On Crony Capitalism

The explosion of occupational licensing requirements have raised prices and squelched opportunities for less credentialed workers.

Off the Boil
Not Even a $50 Rebound Could Save North Sea Oil

North Sea oil production is in dire straits, and analysts say the outlook would still be grim even at $85 per barrel.

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