Elephant, meet room.
Doubt and despair returned to Europe by Tuesday despite positive reaction a day earlier to the French-German proposals to save the teetering euro. The reason? The pachyderm in the room that markets see all …
Borders
As the Peace Process Goes Sideways, Gaza’s Economy Remains Stifled
Israel’s grip on the Palestinian economy amounts to business as usual. Palestinians carry shekels in their pockets, and most of what they buy with the Israeli currency comes from Israel, which is said to account for at least 80% of foreign trade with the occupied territories. That is a dependence that goes unremarked until something …
Should Foreign Residents Be Allowed to Vote in France? Sarkozy Flip-Flops
Even when opinions in the U.S. and France do manage to generally agree on certain subjects, meshing trans-Atlantic views often end up differing in some rather remarkable ways. Take immigration. The issue remains an equally high-temperature political flash point in both countries. So, too, does the conjoined challenge of integrating
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Five Faulty Foreign Policies from the GOP National Security Debate
As all surely expected from a field of candidates with little genuine foreign policy experience, a lot of silly things were said during last night’s GOP national security debate. Rick Santorum called Africa a “country.” Michelle Bachmann, who, as a sitting member of the House Intelligence Committee should know better, claimed …
Fayyad Reported Sidelined as a New Palestinian Political Era Emerges – Will Abbas Follow?
Once hailed by Western pundits as the technocrat-magician who would conjure a Palestinian state into being through irrepressible institutional competence, Salam Fayyad has been unceremoniously sidelined from his job as Palestinian Prime Minister according to a deal announced Tuesday — a sign of the collapse of the illusions …
Quietly, the U.S. Embarks on an East Asia Offensive
If Americans were paying attention to matters of foreign policy over the weekend, it likely had to do with what was discussed at yet another farcical Republican debate, replete with wild distortions of reality and bald admissions of ignorance. What should have been more on the collective radar took place west of South Carolina — …
Whither the European (Dis)Union?
Is significantly greater integration the surest way to prevent both the euro and even the entire European Union from blowing apart? Or is EU federation–and the basic powers national governments now wield being weakened in the process–exactly the kind of radical fusion certain to send countries jealous of their sovereignty fleeing …
Made Your Millions in China? Now It’s Time to Move Overseas.
China is minting millionaires at an unprecedented rate, but many of the country’s new rich are keen to leave the country where they made their fortunes. A recent survey by the Bank of China and the Hurun Report, a wealth-monitoring project run out of Shanghai, found that more than half of the 980 millionaires (or more, accurately, …
How Will China Respond to a New U.S. Military Presence in Australia?
U.S. plans to station troops in Australia to help counter China’s growing clout might be expected to provoke cries of indignation from Beijing. But the development, which President Obama and Australian Prime Minister Julia Gillard are expected to formally announce on Nov. 17 during Obama’s visit to Australia, has thus far …
India-Pakistan Trade Normalized: Does It Matter?
When Pakistan granted India “most favored nation” (MFN) trading status yesterday (India did the same in 1995), Reuters called it “a major breakthrough that could bolster efforts to improve relations between the nuclear-armed rivals.” Some Indian officials agreed:
“It’s a very powerful step, and a welcome step in the right
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Planet 7 Billion: Five Crisis Hotspots to Watch
The following is a guest post from TIME contributor Joe Jackson.
As the planet’s population climbs towards a new U.N.-projected peak of 10.1 billion by the turn of the next century, competition for resources within and between states will likely intensify. So too, goes the logic, will the number of resulting conflicts over oil, …
Straight Out of Cairo: Tahrir Square Shows Solidarity with Occupy Oakland
This past Wednesday, walking home from dinner, I stumbled into a couple hundred Occupy Wall Street protesters noisily charging through Soho in solidarity with the throngs at Occupy Oakland who had been tear-gassed by police the day before. They were marching in the middle of the street, chanting and singing and disrupting traffic …
China and India at War: Study Contemplates Conflict Between Asian Giants
There are plenty of reasons why China and India won’t go to war. The two Asian giants hope to reach $100 billion in annual bilateral trade by 2015. Peace and stability are watchwords for both nations’ rise on the world stage. Yet tensions between the neighbors seem inescapable: they face each other across a heavily militarized nearly …