The upcoming summit between China’s new president Xi Jinping and President Barack Obama in California could be consequential, if stage-setting reports in the Wall Street Journal and the New York Times are to be believed. Xi believes that relations between the two countries are at a “critical crossroads” and that it is time to explore “a new type of […]

…and it’s all thanks to fracking. Members of the Organization of the Petroleum Exporting Countries are meeting Friday to discuss cutting production in response to the new US addition to the global oil market. But delegates have already hinted that the asymmetric impact of the shale revolution on OPEC’s member countries has weakened the bloc’s resolve […]

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 […]

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 […]

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. […]

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 […]

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 […]

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 […]

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 […]

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 […]