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March 27, 2002

Global
War on Terrorism: World Views

The latest issue of the Council on Foreign Relations’ semiannual publication, Correspondence: An International Review of Culture and Society, reports on what the U.S. media may have missed in coverag…

February 15, 2018

Europe
“Doom Loop” Binding Weak Banks and Sovereigns Still Haunts Europe “Doom Loop” Binding Weak Banks and Sovereigns Still Haunts Europe

One important reason no one talks about Puerto Rico leaving the “dollar zone” is that the island’s banks have minimal exposure to its government’s debt. There is thus no need even to consider int…

December 15, 2017

United States
Why The Trade Balance (Still) Matters Why The Trade Balance (Still) Matters

It is a useful indicator (even for the U.S.)

February 16, 2018

China
U.S. President Donald Trump takes part in a welcoming ceremony with China's President Xi Jinping in Beijing, China, November 9, 2017. REUTERS/Thomas Peter Stepping Up to the China Challenge

On February 15, I testified before the House Armed Services Committee on the emerging strategic competition between the United States and China, arguing that it is vital for the United States to must…

February 16, 2018

North Korea
KCNA Avoiding War With North Korea

The U.S. military is prepared for a number of contingencies with regard to North Korea, but the best path forward is diplomacy aimed at denuclearization.

February 15, 2018

United States
Trump’s Tax Success Is at the Expense of His Trade Agenda Trump’s Tax Success Is at the Expense of His Trade Agenda

It looks like a combination of tax cuts and spending increases will raise the U.S. fiscal deficit by about 2 percentage points of GDP (that’s the number Krugman used; Goldman’s US economics team puts…

February 15, 2018

China
U.S. President Donald Trump takes part in a welcoming ceremony with China's President Xi Jinping in Beijing, China, November 9, 2017. U.S. Policy Toward China: Dumping the Baby, the Bathwater, and the Tub

According to a recent Foreign Affairs article, U.S. policy toward China has failed. Two senior Asia officials who served in the Obama administration, my good friends Kurt Campbell and Ely Ratner (who…

February 14, 2018

South Africa
South-Africa-Zuma-No-Confidence The Painful Exit of South Africa’s Jacob Zuma

Zuma is not out yet, but he will be by February 15. Today, Speaker of Parliament Baleka Mbete moved the motion of no confidence originally scheduled for February 22 to Thursday, February 15.

February 14, 2018

Italy
Grillo and Di Maio What to Know About Italy’s 2018 Elections

Italy’s elections will shape the country’s response to economic stagnation, migration woes, and European integration, with repercussions across the continent.

February 13, 2018

South Africa
South African Deputy President Cyril Ramaphosa (left) and President Jacob Zuma stand at the opening of Parliament in Cape Town. Jacob Zuma’s Undoing

The scandal-plagued leader’s removal could set the party of Nelson Mandela on a path toward reestablishing South Africa as a role model for the rest of the continent.