September 12, 2014
Beirut was once called the “Paris of the Middle East.” Now it is the capital of a failed nation. Lebanon — small but strategically located — is exposed to terrorist threats that could further cripple the chaotic country and region.
ISIS Targets Lebanon, the New Front for Warring Terror Armies
Lebanese army troops take position on the road leading the northeastern Lebanese town of Arsal on Aug. 7, 2014, after a truce was announced to end fighting between jihadists and Lebanese government forces on the Syrian border. (Joseph Eid/AFP/Getty Images)
How a US Blackout Could Cause Anarchy in 10 Days
November 1, 2013

A recent TV docudrama about the disastrous effects of a nationwide blackout — gasoline shortages and food rationing rapidly leading to anarchy — has the power companies pushing back with their own media campaign diminishing the risk. But the outcomes of such an event, whether triggered by a cyber attack or a natural cause like a storm, are very real, while the cost of safeguarding the national grid is a pittance.
Landmark Sino-Indian Border Pact Reduces Risk of War
November 1, 2013
The risk of accidental warfare between two nuclear-armed giants with a combined population of 2.6 billion has subsided considerably after India and China signed a landmark border agreement. Though it represents only an interim solution toward resolving the longstanding mutual mistrust over competing claims to territories around the Himalayas, the pact is nonetheless a small step in the right direction.
Focus on Islamist Terror Overshadows Right-Wing Threat
October 31, 2013
The ongoing threat from radical Islamist terrorists has tended to obscure the rise of extreme right-wing groups in Europe and in the United States. Yet their presence is increasing in countries with large immigrant communities and serious economic problems, such as Golden Dawn in Greece, and in nations with Nazi or fascist traditions, including Germany, Austria, Russia and parts of Eastern Europe.
Time for the Czech Republic to Grow Its Own Companies
October 31, 2013
Special Economic Analysis
by Peter Warburton, PhD

Despite its central bank lowering interest rates to virtually zero last November, the Czech Republic has been unable to revive its economy. It seems that an innate conservatism is preventing Czech consumers and firms from taking the bait of cheaper loans. In the absence of a relaxation of fiscal policy, the best hope for improvement in the Czech economy now lies in a depreciation of the Koruna.
Historic EU-Canada Trade Deal Dwarfs NAFTA, Fuels Growth
October 31, 2013
A historic free trade agreement between the European Union and Canada was reached this month to remove more than 99 percent of tariffs between the two economies. The agreement, which still needs to be finalized, will lead to new market access opportunities in services and investment and will serve as a proving ground for a potential FTA between the European Union and the United States.
Libya: Endangered Diplomats Head Home, Risking Failed State
October 31, 2013
Two years after Libya's civil war the country is becoming a war zone for diplomats. Five foreign embassies or consulates have been attacked by militants this year, some with casualties. Foreign governments are responding by evacuating citizens from the increasingly lawless nation, creating a brain drain of foreign technical expertise that weakens Libya’s fragile government and raises the risk of Libya becoming a failed state.
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