Current affairs

Feb 4th 2009

NEW YORK - For 15 years, I have attended the World Economic Forum in Davos. Typically, the leaders gathered there share their optimism about how globalization, technology, and markets are transforming the world for the better.

Feb 4th 2009

From his first Middle East tour as President Obama's special envoy, George
Mitchell must have found that not much has changed since his 2001 report. During
his previous mission on the origins of the Second Intifada, Mitchell concluded

Feb 3rd 2009

JERUSALEM - Europe's vocation for peacemaking and for international norms of behavior is bound to become the base upon which Barack Obama will seek to reconstruct the transatlantic alliance that his predecessor so badly damaged.

Feb 3rd 2009

Sunday's enthronement of Russia's first patriarch since the fall of the Soviet Union, Patriarch Kirill, was a moment of some reflection for those present.

Feb 2nd 2009

BERKELEY - When an economy falls into a depression, governments can try four things to return employment to its normal level and production to its "potential" level. Call them fiscal policy, credit policy, monetary policy, and inflation.

Feb 1st 2009

BANGKOK - A friend recently asked a seemingly naïve question: "What is money? How do I know I can trust that it is worth what it says it is worth?" We learn in introductory economics that money is a medium of exchange. But why do we accept that?

Jan 30th 2009

Watching President Obama's interview on Al-Arabiya this week was striking in multiple respects, not the least of which, of course, was that an American president actually did an interview with an Arab network with a largely Muslim viewing audience -- and did it in the f

Jan 30th 2009

The recent appointment of George Mitchell as special envoy to the Middle East is
no doubt a positive sign of President Obama's commitment to the region,
signalling that there will be immediate and direct American involvement in the

Jan 30th 2009

According to James Wolcott in last month's London Review of Books, Norman Mailer exerted telepathic powers over the future, while the Beats hot-wired 'the American psyche (at the risk of frying their own circuits).

Jan 29th 2009

Hisman Melhem, Washington Bureau Chief for Al Arabiya, was trying to chase down an interview with former U.S. Senator and new presidential envoy to the Middle East George Mitchell.

Jan 28th 2009

PARIS - Hollywood history is often nonsensical, but filmmakers usually have the good sense not to whitewash killers and sadists. Steven Soderbergh's new film about Che Guevara, however, does that, and more.

Jan 27th 2009

In appointing former Senator George Mitchell as Special Envoy for the Middle East, President Barack Obama made clear his determination to pursue Arab-Israeli peace. Mitchell, an Arab American, was former Majority Leader of the U.S.

Jan 27th 2009

For decades the prices of gold and oil have closely paralleled one another. In 2003 an ounce of gold would have bought you 12 barrels of oil. Today that ounce will buy you about 20 barrels, even though the nominal price of oil is up about 50% from what it was in 2003.

Jan 23rd 2009

French President Nicolas Sarkozy is not a happy man. All evidence indicates that his ascendancy as the world's leading peacemaker and problem-solver is over.

Jan 23rd 2009

Of course, I agree with my passionate friend, Bernard-Henri Levy, who

Jan 23rd 2009

LONDON - I spent the New Year in Sydney, watching the fireworks above the iconic bridge welcome in 2009. The explosions over Gaza that night were not intended to entertain, but rather to break Hamas and discredit it in the eyes of Palestinians.

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