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    What Bitcoin Tells Us About Economic Freedom

    Chinese regulators are cracking down on Bitcoin, the anonymous open-source virtual currency. Officials at China’s central bank announced this week that they were banning all third-party payment processors from accepting Bitcoin, effectively shutting down the exchanges they are sold on. This is nothing new. Regulators have been interested in Bitcoin … More

    Benghazi: Let Eyewitnesses Tell the Whole Story

    As Congress laboriously extracts eyewitness accounts of the Benghazi terrorist attack, unexplained aspects of the tragedy are becoming clearer. Important case in point: the reports of an “order to stand down,” which prevented or at least delayed CIA security personnel from coming to the rescue of the diplomats at the … More

    Ecuador: Chevron Trial Illustrates Poor Investment Climate

    Press coverage of the just-concluded testimony phase of a racketeering trial in a New York federal court provides an excellent recent illustration of the behind-the-scenes maneuvering by President Rafael Correa of Ecuador and his government that has created disillusionment and a climate of mistrust among international investors. Two years ago … More

    Don’t Look to Hollywood for the Truth About Interpol

    This week on the big screen, martial arts master Jason Statham tangles with James Franco in Homefront. Statham’s on-screen backstory? He’s a British Interpol agent who retires to rural Louisiana, where he runs afoul of Franco and his gang. As a story, it’s not bad. But as a depiction of … More

    China’s Growing Navy

    China’s declaration of an air defense identification zone over Japanese-administered waters in the East China Sea and confrontation with an American guided missile cruiser is a useful reminder of China’s growing naval strength. In a recently released report, The Heritage Foundation noted that China’s navy is by far the largest … More

    Russian “Spy Stations”: A Clear and Present Danger?

    CIA and Pentagon officials have expressed concern that Russia’s efforts to place satellite positioning monitors throughout America pose a direct threat to U.S. national security, according to a recent report. Russia’s satellite system, known as the Global Navigation Satellite System (GLONASS), is currently the only major alternative to the U.S.’s … More

    China’s Increasingly Aggressive Stance Toward Its Territorial Claims

    A Chinese naval vessel nearly collided with the U.S. cruiser USS Cowpens last week after another Chinese vessel had ordered the U.S. ship to stop, according to reports. Beijing appears intent upon establishing its dominance over the entire Asian littoral, from Japan in the north to Indonesia in the south, … More

    Vladimir Putin Disbands RIA Novosti, Tightens His Grip on Russian Media

    This week, Russian President Vladimir Putin disbanded the state-owned RIA Novosti news agency. A new agency—Russia Segodnya (Russia Today)—will be taking over its assets with the mission of improving the image of Russia internationally. It will be headed by a hard-line propagandist, TV anchor Dmitri Kiselev, leaving no doubt about … More

    U.S. Suspends Aid to Syrian Rebels as Islamists Seize Supplies

    Washington has suspended nonlethal aid to Syrian rebels after Islamist militants seized warehouses containing U.S.-provided supplies close to the Turkish border, U.S. officials announced Wednesday. General Salim Idris, commander of the Free Syrian Army, the non-Islamist rebel group that the United States has weakly supported, was forced to flee Syria … More

    China Promises Relaxed One-Child Policy: Will It Deliver?

    Chinese Communist party leaders recently declared in an official communiqué that the government could begin to slightly relax its infamous one-child policy. Though vague, the new plan will apparently allow certain couples to have more than one child, assuming one of the parents is an only child. But the U.S. … More