The ratings agency’s decision will have no consequences for the U.S. dollar’s global role, but it highlights the country’s darkening fiscal outlook and governance challenges.

A successful reform of the system is essential not only to reducing poverty, but also to restoring public faith in the country’s democracy.

Despite the destabilizing effects of his economic and foreign policies, as well as a major election loss, President Erdogan shows no sign of interest in course correction.

Israel at 75 is facing fundamental choices about its identity. 

Fully implementing and funding its 2008 constitutional reform of the justice system would reduce impunity, boost public confidence and uphold the basic rule of law.

This multi-state project could establish India, instead of China, as the Asian authority on trade. However, Delhi’s track record on economic corridors is mixed.