October 22, 2014

By Peter Warburton and Joanna Davies

A drama is unfolding at the heart of Europe as old stimulus programs expire and new ones meet with skepticism and derision. Mario Draghi, president of the European Central Bank, pulled off a timely rescue of the European monetary system in the summer of 2012 without spending a cent of central bank money. That earned him the nickname of “Super Mario” among admirers and critics, alike.

Eurozone on the Brink, as ‘Super Mario’ Races to the Rescue
European Central Bank President Mario Draghi (Nicholas Kamm/Getty Images)
 Big Spenders Preach the Theology of ‘Secular Stagnation’
October 3, 2014
By Peter Warburton and Joanna Davies

Supporters of fiscal expansion and even bigger government in America and Europe have grabbed an old, discredited economic theory and are preaching about it like monetary missionaries. ‘Secular stagnation’ is the name given to the hypothesis that the economy is stuck in a rut because of a failure of the market to deliver sufficient stimulus for investment.

Ebola, Bioweapons Pose Huge Security Threat
October 2, 2014
By Joel Himelfarb

Growing public health concerns over the spread of the Ebola virus and the confused and often chaotic response of the government and public health authorities show the need for serious national attention to the security threats posed by biological weapons.
Naval Exercise Shows Growing Chinese-Iranian Military Ties
October 1, 2014

By Jack Caravelli

China and Iran last month conducted their first joint naval exercise, a pointed reminder of each nation’s intent to increase military cooperation. The exercise, held over four days in territorial and international waters around strategically important southern Iran, involved a Chinese frigate and a guided-missile destroyer, which first docked at the Iranian port Bandar Abbas. Several Iranian warships joined them later in the exercise.

Saudis Use Oil as a Weapon Against Russia
September 30, 2014

Heard in London

By Jeremy Bradshaw

When President Reagan wanted to destroy the Soviet Union, he secretly asked the Saudis to raise the price of oil. That helped trigger the bankruptcy of the USSR because Moscow lacked the dollars to buy imported fuel.

Today, with a resurgent Russia, the Saudis are again deploying the oil weapon against the Kremlin, according to Neil Barnett, a London-based security-and-risk analyst. But this time, there is a twist.

Iran-backed Jihadists In Yemen Deal Blow to US Drone Strategy
September 29, 2014
While the world was focused on Islamic terrorists in Iraq and Syria, jihadist rebels allied with Iran have captured the capital of Yemen, a country President Obama has cited as a success in the U.S.-backed war on terrorism.
ISIS Deploys Imagery to Inspire Barbaric Attacks Worldwide
September 29, 2014
SITUATION REPORT

The beheading of an Oklahoma woman by an ex-con who recently converted to Islam is the latest example of so-called “lone-wolf” terrorists abroad inspired and recruited by the publicity from the horrific violence committed by the Islamic State of Iraq and Syria.

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