News Analysis
Crude Economics
Oil Price Plunge Socks One to American Shale

American shale is reeling from falling oil prices, and the world’s oil majors’ balance sheets are showing it.

German Intelligence Leak
Spying on Thee, But Not on Me

Leaks suggest that the German intelligence service was spying on the French Presidential Palace for the U.S.—all while Berlin was complaining about U.S. spying on Chancellor Merkel.

No El Dorado Here
Venezuela Sells Off Part of Gold Reserves for Dollars

Here’s how you know Venezuela is getting truly desperate: the country has agreed to a gold swap deal with Citigroup in an effort to stay afloat.

Frack Baby Frack
America Set for Net Exports of Natural Gas

The U.S. will be a net exporter of natural gas by 2017, even in the most conservative scenarios.

The Francis Era
Vatican Conference Calls for Fighting Climate Change

In advance of an expected Pope Francis encyclical on the environment, a Vatican conference released a document calling the mitigation of climate change a “moral and religious imperative.”

Crude Economics
Saudis Feel the Squeeze

The Saudis spent a record amount of their rainy-day fund in February and March. The oil price plunge is taking a toll.

Peace in Our Time
What’s Going on with the Maersk Tigris?

There was a real legal dispute between the Dutch shipping company and an Iranian firm. But none of the backstory fully explains Iran’s aggressive move.

Of Immigration and Indenturement
The Magic Kingdom and the H-1B

Disney has fired “several hundred” of its IT staff and replaced them with immigrants bound by corporate-friendly visas. This insidious move is great for Disney, but not so great for America—and the immigrants themselves.

Revisionist Power Play
Russia and China to Stir Up Mediterranean

The two countries are set to hold live fire naval drills on the Mediterranean this month, their first joint surface exercises in the region. It’s a provocative move by revisionist powers who feel spurned, but don’t read it as much more than an angry gesture.

immigration politics
Kochs Get Smart on Latino Outreach

A new Koch-funded initiative is reaching out to immigrants by helping them with tax prep and driver’s exams. The GOP is starting to realize that providing services wins more loyalty from immigrant communities than promoting ideology.

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