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    Democracy in Venezuela Heads for the Life Boats

    On February 15, the prospects for genuine democratic development and good governance in the Western Hemisphere took a serious step back as a majority of Venezuelans voted by a margin of 54% to 45% to lift terms limits for elected officials. Although worded in a way to give all potential … More

    The World Bank and the UN Want a Bailout Too

    Just when you thought that you had seen everything, here come the World Bank and the United Nations to claim their slice of the government bailout pie. According to the Times Online, “The UN and the World Bank are lobbying for a portion of the billions of dollars allocated to … More

    Japanese Initiative on Pakistan Welcome

    When Secretary of State Hillary Clinton visits Japan this week, one of the main topics of conversation will be developments in Afghanistan and Pakistan. Japan has played an important role in contributing to efforts to stabilize and secure South Asia over the last seven years. Washington should welcome a more … More

    A Telling Double Standard

    The British Government’s decision to ban Dutch MP Geert Wilders from entering the country is another chapter in Britain’s story of shamefully appeasing radical Islamists. Mr. Wilders had been invited by Lord Pearson of Ranoch to show his film, Fitna, in the House of Lords. Fitna is a short, online … More

    China Not About to Dump American Bonds

    The Financial Times makes a valiant effort to curb wild talk about China dumping U.S. Treasury bonds. Luo Ping of the China Bank Regulatory Commission may use strong language – “we hate you guys” — but he has a better grip on the PRC’s options than much of the American … More

    The Israeli Elections: A Shift to the Right

    Israel’s elections yesterday sent a mixed message. On the one hand the centrist Kadima party managed to squeak by with a narrow victory over the conservative Likud party by winning 28 seats to Likud’s 27 seats in Israel’s 120 seat parliament. On the other hand, the Israeli electorate shifted to … More

    Dumb Power

    In the world of international affairs, popular phrases usually signify not thought, but its absence. Calls for ‘a new Marshall Plan,’ for example, are invariably made by people who know absolutely nothing about the original one. The appearance of these phrases is the surest proof that the speaker is content … More

    Russia’s Self-Assertion Politics in Post-Soviet Space

    Despite a harsh economic downturn, Moscow is continuing down the road of solidifying its positions in the post-Soviet space and crowding the United States and NATO out of the regions it deems its sphere of influence. The past week saw an array of developments along this same track. Clearly under … More

    It’s Beginning to Look a Lot Like the 1970s

    In Britain, London’s buried under eight inches of snow, the trains don’t work, the economy’s collapsing, and a Labour government’s put the nation deeper in debt that it has been in thirty years. The Adam Smith Institute, preferring to laugh instead of cry, jokes that it looks like the 1970s … More

    Nice Work, If You Can Get It

    We like to think of Britain, the U.S. and the rest of the Anglosphere as nations that reject the statist European economic model. But from 1997 to 2008, the government’s share of the British economy increased from 38.4 percent to 41.9 percent. This expenditure was funded by debt that the … More