The world is rapidly entering an era of “revenge”. Two main vectors converge: from the East and South. On the one hand, Asian powers – China, India, Russia – are striving to take a strong position in the World Order. On the other hand, a diverse group of …
Read More »Lagarde: Euro, dollar status should not be taken for granted
The United States and the euro zone should not take the international status of their currencies for granted as countries such as China and Russia seek to create their own systems, said Christine Lagarde, president of the European Central Bank. The dollar’s 80-year-old reign as the world’s reserve …
Read More »The U.S. Economy Is Headed for a “Hard Landing”
Desmond Lachman Unfortunately, in clinging to its backward-looking, data-dependent policy, the Fed shows no sign of changing policy course anytime soon. By so doing, the Fed risks setting us up for a harder economic landing than would be needed to contain inflation. John Maynard Keynes famously wrote, “When …
Read More »Can America Survive a Two-Front Nuclear War with China and Russia?
Deterring a hostile Russia and China, possibly at the same time, has been a fixture of U.S. policy for decades. A critical national security question has recently emerged: Will the United States need to adjust its nuclear posture in light of the so-called “two nuclear peer” problem? Specifically, …
Read More »The toxin political money: A formidable challenge
Eng. Saleem Al-Batayneh In our ever-evolving lexicon, a relatively recent addition stands out – “political money.” This term, although lacking a comprehensive definition, carries profound implications for the political landscape. It creeps into every crevice of the political process, casting a long shadow on our democratic institutions. The …
Read More »Erdogan is Here to Stay
The Turkish president has adopted a transactional policy with the West. Washington should respond in kind. Since the conclusion of Turkey’s presidential elections in May, much analysis has rightly focused on the implications of President Recep Tayyip Erdogan’s third term from both domestic and foreign policy perspectives. In …
Read More »Elemental Bonds: The United States, Vietnam, and Rare Earth Elements
Washington and Hanoi should seize the opportunity presented by recent improvements in relations to forge a partnership in Rare Earth Element (REE) development. Just a few weeks ago, the United States and Vietnam announced an upgrade in relations to a Comprehensive Strategic Partnership, Vietnam’s highest tier of foreign …
Read More »Tragedy and Opportunity in Nagorno-Karabakh
The United States has tended to think about this crucial region too little and too late. But a strategic opportunity still exists. In the span of mere days, the long-disputed territory of Nagorno-Karabakh, home to Armenians since antiquity, has disappeared as a political entity. By the evening of …
Read More »Beijing’s Middle East Policy is Running Aground
Despite limited diplomatic achievements this year, China finds the Middle East’s perennial conflicts and tensions difficult to navigate. As the United States and the Soviet Union discovered half a century ago, China is finding that its deepening engagement with the Middle East is more frustrating than rewarding. Energy, …
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