Economy & Business

Does America Still Want to Lead the World?

By Fred Kempe, the New Atlanticist

From Fred Kempe, the New Atlanticist:  For all their bitter differences, President Obama and Governor Romney share one overwhelming challenge. Whoever is elected will face the growing reality that the greatest risk to global stability over the next 20 years may be the nature of America itself. Nothing – not Iranian or North Korean nuclear […]

Afghan security forces to shrink by 80,00 after 2014 due to $4 billion drop in allied funding

By Thom Shanker and Alissa J. Rubin, the New York Times

From Thom Shanker and Alissa J. Rubin, the New York Times:  Afghanistan’s defense minister said Tuesday that his government and the international coalition paying for the war effort had agreed in principle that Afghan security forces would undergo a significant reduction

Europe has yet to make Europeans

By Gideon Rachman, the Financial Times

From Gideon Rachman, the Financial Times:  The construction of a group identity typically takes generations. But Europe’s politicians no longer have the luxury of time.

Why Europe Still Matters

By Alberto R. Coll, the Chicago Council on Global Affairs:  Over the past decade it has become fashionable to write off Europe and downgrade its importance to American interests.

Spain to cut government ministries by 17%, Foreign Ministry by 54%

By Al Goodman, CNN

Draghi Rides to the Rescue

By Ben Carliner

Give Mario Draghi his due: he knows how to stop a bank run. Since the European Central Bank launched its Long Term Refinancing Operation for Eurozone banks, contagion has all but stopped in its tracks.