News Analysis
Don't Cry to Me Argentina
Argentina’s Holdout Creditors Aren’t All Vulture Funds

Not every creditor in the Argentinian bond cases is a titan of commerce.

Dirge For Puerto Rico?
The Beginning of the End

Puerto Rico’s state-owned energy company is in dire straits, and creditors are getting ready for a tough fight.

Battle-tested Ukraine
What a Competent Ukrainian Army Means

A newly competent Ukrainian military suggests that a competent Ukrainian state will emerge when the dust settles. But funding by oligarchs may bode ill for its ongoing struggles with corruption.

the new world disorder
1914 Redux? WRM on Great War Parallels to the Present

WRM writes in the World Post that while today isn’t quite 1914, the world is more deeply unsettled, and exhibits more parallels to that fateful year, than one would like.

Prices Prices Prices
Doctors Stop Offering Vaccines as Costs Skyrocket

Vaccines are now so expensive that doctors have stopped offering them to children, even while federal laws require children must be vaccinated before attending school. Corruption and rent-seeking pervade the story of how we got here.

As Iraq Disintegrates
Iranian Pilot Killed in Iraq

Iran suffered its first acknowledged military casualty of the war in the Fertile Crescent. As the Administration continues to ponder its options, events are accelerating.

Higher Education Bubble
For-Profit Corinthian Colleges to Close Down

The for-profit Corinthian Colleges is calling it quits following accusations that it misled students. It’s nice to see a school with an unsavory reputation bite the dust, but our higher ed problems extend to non-profit institutions as well.

The Oldest Hatred
Anti-Semitism Rises in Russia as Putin Stokes Nationalistic Fervor

By stoking nationalist passions Putin hopes to consolidate his, and Russia’s, power. But it’s also unleashing a lot of prejudices, including anti-Semitism.

Asian Tremors
This Is Just Getting Started

The regional struggles in Asia are just getting started, and there are no easy or obvious off-ramps. U.S. policymakers focusing on the meltdown in the Middle East should not lose sight of this other ticking time-bomb.

Middle East In Flames
How Iraq Was Lost

Who lost Iraq? The longest-serving American official in Iraq paints a detailed and nuanced, but ultimately damning picture of how bad U.S. policy helped the country unravel.

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