The Financial Times’ Martin Wolf argues that massive accumulations of currency reserves enabled housing bubbles in developed economies and sparked the current financial crisis. The shakeout, Wolf say…

The emerging BRICS economies agree that the West should hold less sway in the global economy. But their leaders, despite regular summits, have failed to articulate a coherent vision because of diverg…

Multiethnic states, whether they are empires of diverse nationalities like the former Soviet Union, former colonies like Nigeria and Indonesia, or conglomerations of native and immigrant peoples like…

Amid diplomatic challenges on Iran and Syria, Israeli prime minister Benjamin Netanyahu could face conservative opposition at home for progress on peace with Palestinians, says CFR’s Robert Danin.

Italy’s vote on constitutional reforms, which may determine whether the country can escape its economic doldrums and rescue its ailing banking system, could have consequences for all of Europe, says …