Frack Setback
South Africa Puts Shale Hopes on Hold

Shell is calling it quits on South African shale after being frustrated by plunging crude prices and licensing delays.

unforced error
The World Joins China’s Development Fund as America Protests

The biggest economies in Europe are signing up as members of China’s $50 billion World Bank rival. By needlessly chastising them, America has made its life more difficult over a non-issue.

Pension Meltdown
A Nasty End to the Blue Model

Police and firefighters are protesting pension cuts in Memphis by quitting. If the crisis deepens nationwide, expect more of this—and dangerous effects on public safety.

Go East Young Man
The Rise of Central Europe

Germany and a constellation of ex-Soviet countries are the new economic powerhouse of Europe.

Lightning Doesn't Strike
The F-35 Can’t Use Its Bombs, Either

More news supports the idea that the F-35 is not going to be able to serve our soldiers effectively in a close air support role.

Urbs and Burbs
Houston’s Pro-Middle Class Sprawl

Houston’s sprawl and minimal regulatory environment come with costs—but they make housing much more affordable for the middle class.

Shadow Cold War
Hard Power Gestures from Russia and the West

Russia and NATO are moving around conventional forces in a show of force reminiscent of the Cold War. But the real standoff will take place in the shadows, where conventional alliances are more easily wrong-footed.

Crude Economics
Irrepressible US Shale Defies OPEC

American shale producers are finding ways to keep output up despite plunging prices, defying OPEC’s expectations.

Vive La France!
US, Allies Toughen Military Stance Against Iran

A coalition starts to make some moves—but are we again leading from behind?

Bipartisan Support
Dems Stand by Iran Bill Despite Veto Threat

The White House is finding itself increasingly hemmed in by Congress on Iran, as Democrats appear ready to support a bill the Obama administration desperately wants shelved.

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