If the United States cannot get its fiscal house in order, the dollar’s privileged position as the world’s reserve currency may be at risk—at a time when there seem to be few if any plausible alternatives.
Finance ministers around the world are up in arms over the Fed's latest efforts to jump-start the anemic U.S. economy. The future of globalization hangs in the balance.
The IMF has become little more than an abettor of bad policymaking. To avoid the next meltdown, the IMF must become a global advocacy group. Diplospeak is out; punchy prose and clear policy recommendations are in.
America’s debt is ballooning. Runaway inflation threatens our creditors. Faith in the almighty dollar is wavering. Soon a global reserve, complete with its own currency, will land the final blow against the dollar. But contrary to popular opinion,
The America-China symbiosis cannot be overstated. Beijing’s willingness to buy U.S. debt allowed us to live on credit, while our purchase of Chinese goods propelled their meteoric rise. But as the financial markets have soured, some in the United
No more Brie, no more Stilton, no more Gorgonzola. Just what have Washington and Brussels got against cheese? Don't you know there's a war on?
Bush appeases the anti-globalizers; the Democrats embrace them; the economy bubbles along; and the clouds gather.
American is playing matchmaker to Turkey and the EU. It had better work. A broken engagement could mean a clash of civilizations.
Is the United States becoming more skeptical of the EU, or just more confused?
Russia's reversal of fortunes in its resource-rich Far East will complicate the Asian equation for the United States.