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November 15, 2018

United Kingdom
Britain Has Reached a New Worst-Case Scenario on Brexit

A second Brexit vote remains the best option in a dizzyingly difficult situation.

A pro-Brexit campaigner holds a placard as a tourist bus passes by in Westminster London.

November 14, 2018

Financial Markets
Is There a Financial Time Bomb in Sight?

If an expert committee makes the wrong call on Thursday, there is a disquieting possibility that the cliff may be in sight.

A store closing sale sign is posted next to a Sears logo in New Hyde Park, New York.

November 10, 2018

United States
Happy 243rd Birthday to the United States Marine Corps!

The Marine Corps turns 243 years-old today. On November 10, 1775, the Continental Congress adopted a resolution to create a Marine force composed of two battalions. Since then, the Marines have been …

USMC birthday

October 16, 2018

Global Governance
America Has Abdicated its Vital Leadership Role, Warn Daalder and Lindsay in New Book

October 16, 2018—America under President Donald J. Trump is abdicating its important leadership role in the current world order, write Ivo H. Daalder and James M. Lindsay in their ne…

The Empty Throne Cover

October 9, 2018

United Kingdom
Brexit Isn’t the Only Shock Hanging Over Britain

While most attention focuses on the implications of Brexit, the Labour Party's Marxian hard leftism should cause us equal, if not more, concern.

Britain's Labour Party leader Jeremy Corbyn acknowledges the audience's applause after he delivered his keynote speech at the Labour Party Conference.

October 2, 2018

Trade
In the NAFTA Deal, Trump Got What Democrats Couldn’t

Critics are panning the president’s new trade deal with Canada and Mexico as a minor update. They’re wrong—it’s a significant accomplishment.

Trump US Mexico Canada Trade

September 30, 2018

China
Trump is Rising to the China Challenge in the Worst Way Possible

China has 800 million Internet users and is overtaking the United States in areas such as drones, mobile payments, bike sharing and artificial intelligence. But Trump is responding to the China chall…

Chairman and CEO Wang Xing and executives of China's Meituan Dianping attend a news conference celebrating the company's IPO.

September 25, 2018

Monetary Policy
Good News! The Federal Reserve is Surviving the Trump Era.

Improbably, the Federal Reserve is surviving the Trump era with its integrity intact. Jerome H. Powell, the Fed chairman since February, is quietly emerging as a skilled Washington operator.

Federal Reserve Board Chairman Jerome Powell testifies before a Senate Banking Housing and Urban Affairs Committee hearing.

September 21, 2018

United States
Is Trumponomics Working? Not Really.

Trump’s trade policy is turning out to be worse than expected and the growth surge mostly reflects a temporary sugar high from last December’s tax cut. The caveat has to do with corporate investment…

U.S. President Donald Trump delivers remarks on his tax policy in Blue Ash, Ohio, U.S. February 5, 2018.

September 14, 2018

Financial Markets
The Dangerous Myth We Still Believe About the Lehman Brothers Bust

The new consensus about the cause of the 2008 financial crisis is seductive — and misleading. Sebastian Mallaby presents an alternative opinion.

A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in Manhattan, New York City.