After years of crisis in Europe, key economic indicators are beginning to look up, and a calm is settling in. Manufacturing is on the rise, markets are less turbulent than they were a few months ago, and the euro no longer seems bound for imminent destruction as it did last year. Even the latest installment […]

There have been hopeful signs and some positive rhetoric emanating from both Tehran and Washington after Iran’s new President, Hassan Rouhani, formally entered office this week. At his first press conference Rouhani called for “serious and substantial” talks with the US. The Obama administration responded by saying that if Rouhani is serious about negotiations, then […]

I’ve been going on a lot lately about time. My editor’s note for the forthcoming Autumn 2013 issue of The American Interest focuses down on that, and since not everyone who reads this blog also reads the magazine (shame on those of you to whom this applies….we need your money), I offer it here in […]

Japan unveiled the Izumo, a hulking grey destroyer that will patrol and protect the Japanese archipelago, in a cheerful ceremony at a harbor outside Tokyo yesterday. The Izumo resembles an aircraft carrier, with its flat top and 820-foot long flight deck, and it is indeed designed to carry 14 helicopters, with the potential to be outfitted for fixed-wing, […]

German federal parliamentary elections are a month away and the outcome is still uncertain. While Chancellor Angela Merkel, who has held office since 2005, remains personally popular, her Christian Democratic party and their junior coalition partner, the liberal FDP, may have trouble collecting the necessary votes in September. Poor regional election results for the ruling […]

Both Roman Catholic and Evangelical Protestant media have for years been drawing public attention to the persecution of Christians in many countries. Secular media have been less attentive; some have ascribed this to an anti-Christian bias; I rather doubt this—more likely it comes from the fact that many otherwise well-informed journalists are less informed on […]

Spain has had a rough couple of years, struggling with a moribund economy and a massive government deficit. Unemployment prospects, especially for the increasingly disillusioned young, is at grimmer than ever. Restive provinces have joined the Basque country in pushing for independence.The country’s leaders can’t seem to get their own house in order, much less […]

There was a slew of good economic news this morning, starting with reports that state and local pensions gained more than 12 percent in fiscal year 2013, driven by a strong US stock market. This isn’t going to be the new normal; Fed policy has pushed stocks up to record levels. But for now both […]

Which country is more likely to steal business secrets, Russia or the US? If you ask the Germans, it’s the US in a landslide. A new survey by EY found that within the German business community, 26 percent of those surveyed said that America is a “high-risk place for industrial espionage and data theft,” a close […]

Germany’s green revolution continues to bedevil the country, chasing away German industry and raising electricity prices for households. Now the renewables push is claiming a new victim: coal and gas fired power plants. Reuters reports: Since renewable power from wind and solar power is fed into the grid at the expense of gas and coal, conventional […]