Crude Economics
Adapting to the New Oil Reality

The IEA expects low crude prices to last through 2016. That could spell trouble for petrostates facing budget shortfalls.

Hollywood Hamlet
What a Piece of Work Is Celebrity

Movie star Benedict Cumberbatch takes on Shakespeare’s most famous character, plus hordes of screaming fans. More power to him—and them.

live-and-let-die
Life and Death Lunacy in the Golden State

Two weeks after signing an assisted suicide bill, California Governor Jerry Brown vetoed a bill that would have given terminally ill patients access to experimental drugs that could save their lives.

Obama's Foreign Policy
Inadvisable

What is the point of making strategic recommendations to someone who has not the slightest interest in hearing them?

China's Bubble
More Bad Economic Signs for China

Chinese imports are down. The longer China stumbles, the more instability we can expect worldwide.

The Enemy of My Enemy
Russian Airstrikes Push Sunni Rebels Together

One of the great risks of the current Russian-Iranian advance in the Middle East is that it will make Sunni radical groups look more acceptable to their coreligionists.

Death by Green
California Governor Weakens State Pension Funds

CalPERS and CalSTRS, the two biggest pension funds in the U.S., are being forced to divest from any company whose primary profits are related to the mining or use of coal. That’s likely to hurt their already battered bottom line.

Observed
Happy Columbus Day

There is a long history of celebrating the European discovery of the Americas, both inside and outside of the United States.

America Without A Strategy
Central Asian Officials Say They’re Worried About Taliban’s Spread

President Obama’s failure to stabilize Afghanistan gives a nice boost to the America-as-diminished-world-power narrative.

Limping to Paris
What Good Is an Unenforceable Climate Deal?

The UN’s climate chief hints that Paris won’t produce a binding treaty.

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