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    Goings-on in Kremlin and Around It

    MOSCOW – The past week’s developments gave lots of food for conjecture and speculations among Kremlinologists both within Russia and beyond. The regime – President Dmitry Medvedev and Prime Minister Vladimir Putin – sent out an array of signals that could be interpreted as both the attempts at somewhat liberalizing … More

    First Rain From Trade Storm

    Yesterday’s Wall Street Journal had a front-page story on soaring unemployment among China’s rural migrants. While official Chinese employment statistics are spotty, the gigantic figures being thrown around are no surprise. The Journal and other outlets emphasize the Communist Party’s overwhelming fear of political instability caused by job loss. This … More

    Regulation Didn’t Save Them

    Does the financial crisis reveal a failure of American deregulation compared to better conceived European regulatory schemes? This thesis is shared by many, especially here in Europe where some see the current financial crisis as the proof of the superiority of the European “social market economy” over “cow-boy capitalism”. This … More

    The First Duty of Any State

    In its latest issue, the Economist reports on the state of Britain’s armed forces. It answers the question posed in the title of the piece, “Losing Their Way?,” with a resounding “Yes,” blaming underfunding, recruiting shortfalls, and a loss of institutional confidence. The joke among Americans in Afghanistan, it reports, … More

    Britain’s Road to Serfdom

    The amount of money the U.S. is spending in its vain effort to stimulate the economy is hard to grasp. As we’ve pointed out, $819 billion is equivalent to borrowing $10,520 from every family in America. That’s $819 billion that individual Americans will no longer be able to spend freely, … More

    Afghanistan Demonstrates Need for a GFC

    On January 21, French Defense Minister Herve Morin announced that the French government would be unwilling to send more troops to assist in NATO-led operations in Afghanistan. Morin’s comments came on the heels of German Chancellor Angela Merkel’s announcement the day before that indicated German reinforcements to the NATO mission … More

    A Welcome Post and Appointee for South Asia

    The appointment of a Senior Representative on Afghanistan and Pakistan is a welcome development that should help fulfill a long-standing need to better integrate U.S. policy toward these two key countries. It will be helpful to have the focused attention of a senior official who is neither attached to the … More

    Will U.S. F-35s Face Russian S-300s?

    Russia and Iran seem intent on crashing President Barack Obama’s honeymoon. Last month the deputy chairman of the Iranian Parliament’s Commission on National Security and Foreign Policy told Iran’s official Islamic Republic News Agency that Russia had agreed to deliver S-300 missile components to Iran. Heritage Senior Research Fellow Ariel … More

    We Sure Hope This Is True

    Reuters reports: Obama to work to pass Bush trade deals WASHINGTON (Reuters) – President-elect Barack Obama wants to win approval of stalled free trade deals with Colombia, Panama and South Korea, but more work is needed on two of the pacts, Democratic lawmakers said on Wednesday. “The president-elect wants to … More

    Skies Darken Over U.S.-China Trade

    The Sino-American trade conflict I wrote on last month has just become more likely. Chinese trade numbers show exports declining and imports collapsing at the end of 2008, the latter plunging 21% in December. The grave weakness in imports puts paid to the once-popular but unfounded notion that China could … More