News Analysis
The Ranks of Revisionists
Amid Show of Friendship with Putin, Xi Doesn’t Budge Where it Counts

Xi Jinping was the guest of honor at Putin’s lavish celebration of the 70th anniversary of the Nazi defeat. The two presidents signed a rash of deals. But importantly, Putin didn’t manage to negotiate better terms on his biggest interest, the two countries’ enormous energy trade.

Hail Shale
One Title We’re Glad to See the U.S. Lose

China overtook the U.S. as the world’s top oil importer last month.

Land of the Rising Gun
We’re a Hop, Skip, and a Jump from a Remilitarized Japan

With parliament set to pass laws that officialize a more activist Japanese regional security policy, and with a major arms deal with Australia finally coming down the pike, Abe’s push to remilitarize Japan is in the home stretch. It’s going to be a big few weeks.

The European Refugee Crisis
EU Moves Ahead on Mandatory Refugee Quotas

The measure will come up for a vote this week, but seems certain to cause at least as many problems as it solves.

The King and O
Saudi King Snubs Obama on Eve of Summit

King Salman has pulled out of President Obama’s Arab summit at the last, most high-profile minute.

Syrian Chemical Attacks
Assad Still Has Sarin Gas

Adam Garfinkle called it in 2013: Assad signing to the Chemical Weapons Convention was just a ploy to have us dispose of his useless stocks of chemical weapons while he held on to the deadly parts of his arsenal.

To Pay or Not To Pay
Thinking The Unthinkable

As Athens reaches its next crossroads, voices are rising within Angela Merkel’s own party to cut the Greeks free.

Blue Bust
Illinois Supreme Court Rules Against Arithmetic

Illinois pension reform plan is ruled unconstitutional, leaving the governor the unenviable choice of either slashing services or taxing the economy into oblivion.

Blue Island on the Brink
A Greece of Our Very Own

Puerto Rico’s legislature declined to pass a set of tax laws that would have opened up some extra financing to the island. Severe cuts to services, and perhaps even a disorderly default, are now in the cards.

Reform in India
Tax Battle in India Tests Modi’s Mettle

Modi’s program of liberal economic reforms is the most important part of his agenda for the future of India. But changing the tax system to make India more attractive to foreign businesses is proving harder than many had hoped.

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