Samuel Rines The Fed has become a borrower of first resort, rather than a lender of last resort. The Federal Reserve’s old moniker of “lender of last resort” is no longer relevant. Its policy of holding its federal funds rate above levels seen anywhere else in the developed …

Giancarlo Elia Valori The “blue” industry, especially the high range one, is one of the main development areas for the economy also in the near future. China, which has always tried to strike a balance between maritime power and terrestrial equilibria in the Heartland, is the right place …

Amitai Etzioni While millions of people are willing to die for their nation, few are willing to die for the European Union, not to mention for less advanced supranational unions. Brexit is often depicted as driven by a wave of right-wing nationalism. The same wave is viewed as …

Currently the Vatican is the largest and most effective mediator between the various ideological worlds and between the old, great political alliances. A system in which the Church operates by mediating both between them and between them and the West. This is the case of the Russian Federation, …

The rebellion in Hong Kong is more complex and politically relevant than we may think, both nationally and internationally. In the elections held on last September in the former British colony, as many as eight openly pro-independence representatives were elected who, at the first meeting, shouted hate phrases …

NATO and the European Umopm can be compatible, as long as real security requirements and responsible action—not political agendas—drive cooperative efforts. Question: What’s the number one immediate threat to the peace and stability of the transatlantic community? Answer: Vladimir Putin’s belief that he has veto power over how …

There’s never been a bill that has been opposed by a prime minister but supported by a parliament that refuses to take power. The British political system exploded this week when Tory Minister of Parliament Philip Lee switched parties and joined the Liberal Democrats, which eliminated the Conservative …

The Trump administration’s degradation of diplomacy has appeared in multiple ways, including vacancies at the State Department, setting new records for nominating grievously unqualified people for important ambassadorial posts, and the disavowing of agreements carefully negotiated under previous administrations. Earlier this year the Trump administration, while stoking an …

Kabul must learn to grapple with its Taliban problem. Anyone looking in Afghanistan for an easily understood story of good versus evil, or moderation versus extremism, will be disappointed. That war-torn country is a congeries of conflicts with diverse ethnic, sectarian, and ideological overtones. Battles are fought between …