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  • Western Leaders Suspend Russia from G8; Now They Should Downgrade the G20

    The leaders of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States (the G7), plus the president of the European Council and the president of the European Commission, met yesterday in The Hague to reaffirm their support for Ukraine’s sovereignty, territorial integrity, and independence. They also made … More

    Chile: Socialists Fire First Salvo at Pacific Alliance

    In office only a week, the new foreign minister of Chile, Heraldo Muñoz, is already signaling the intention of the government of Socialist president Michelle Batchelet to weaken the pro-free-market Pacific Alliance in favor of its more statist competitor, Mercosur. A move like this would seem to confirm rumors of … More

    Q&A: International Monetary Fund Reforms and U.S. Aid to Ukraine

    The Obama Administration and some members of the U.S. Senate have made aid to Ukraine contingent on the passage of an IMF reform package. A review of this reform package and its relation to the Ukraine (hint: zero) is critical. What Is the IMF? Established at the end of World … More

    Treasury Is Misinforming the American Public about Ukraine and IMF Reforms

    A U.S. Treasury Department spokesperson blogged last week about “Why IMF Quota and Governance Reforms are Urgently Needed” and implied that opponents of President Obama’s campaign to demand that Congress link passage of International Monetary Fund (IMF) reforms to any U.S. help for Ukraine are guilty of spreading “myths.” In … More

    Chile Gets the Visa Waiver Program, but What About Poland?

    On February 28, the Obama Administration announced the designation of Chile as the 38th country to be admitted into the U.S. Visa Waiver Program (VWP). That’s great as far as it goes. The VWP allows foreign nationals to travel to the U.S. for up to 90 days without a visa … More

    Ukrainians and Venezuelans Demand What Their Neighbors Have: Economic Freedom

    The images flashing around the world of courageous freedom fighters in the streets of Kyiv, Caracas, and other cities and towns in Ukraine and Venezuela are compelling. Why are these people risking their lives? For freedom, that’s why. And how do they know they don’t have it? Because they can … More

    Putin Has Set His Sights on Ukraine

    Last week, I visited Kiev’s Maidan — “Independence” square. It had something of a street festival feel, but there was also the sense that violence would soon strike. Barricades of old tires and garbage bags filled with snow protected the ramshackle booths and tent cities erected by pro-democracy groups from … More

    Spain: Get Economic Freedom Out of the Shadows

    Spain’s economy is finally pulling out of its recession, with growth accelerating from a standstill to a snail’s pace. This is a good sign for a country that has been in recession for nearly two years. But the official estimates of tepid growth in the formal economy are missing the … More

    Heritage Takes the Message of Economic Freedom to Ukraine

    The Heritage Foundation sought to bring a small measure of encouragement to Ukrainians this week as they continue their months-long protests for democratic and market reforms in the streets of Kyiv and throughout Ukraine. At a presentation sponsored by the U.S.–Ukraine Business Council and the Bleyzer Foundation on February 13, … More

    Corruption Blocks Influence of Foreign Aid

    Why do some nations that receive U.S. foreign aid year after year never seem to improve, or move beyond the dependency phase? Perhaps the largest reason is corruption. It’s the “pre-existing condition” that keeps many aid recipients from ever recovering. It’s a major obstacle to economic growth, which is why … More