If Iran is able to boost oil exports as part of sanctions relief, Russia stands to lose the most.

A new and supposedly more professional and incorruptible police force is being rolled out in Ukraine, but the reform doesn’t seem to get at the structural problems that make Ukrainian state employees so corrupt in the first place.

Bush suggested that a strong political order is a precondition for for liberal democracy.

Turkey and China are in a diplomatic row over Beijing’s crackdown on its Muslim Uighur minority during Ramadan.

The Texas Supreme Court struck down a burdensome state licensing law. Let’s hope more states shed licensing laws, and soon.

“The card with it, which had a teddy bear dressed as a hobo on the front, explained that Greece made us this because they don’t have enough money for a present, which brought a tear to my eye,” Mario Draghi is reported to have said.

A Turkish-Kurdish firefight on the Syrian border breaks out as Turkey sends more forces to the border. If Turkey goes into Syrian Kurdistan, the U.S. will be put in a tricky situation.

In an effort to stave off a financial bust, China has ordered traders buy billions of dollars of shares. The market’s response was lukewarm.

People pay the most attention to errors of commission, where things (as in Libya) go spectacularly awry. But over time the errors of omission, like in Greece, usually cost you more.

New York rubber-stamped a fracking ban this week, while the prospects for Pennsylvania’s shale industry darkened.