If sequestration becomes a reality in January 2013, the Department of Defense (DOD) will cut another $500 billion from an already slashed defense budget. These cuts are likely to negatively affect many American allies—especially the United Kingdom. Here are two programs that London should watch carefully: 1. The Short Take …
As the fiscal cliff approaches, Congress and President Obama continue to debate tax increases, even though spending is the problem. Investor Warren Buffett recently opined that tax hikes on the wealthy would not curtail investments or hurt the economy. His logic, like President Obama’s, assumes that incentives don’t matter. Oh …
It’s Spring Break in Argentina, and tens of thousands of demonstrators have taken to the streets to protest the policies of President Cristina Fernández de Kirchner. Argentineans are angry—about rising crime, corruption, and the virtual ban her government has imposed on the purchase of foreign currencies as it attempts to …
On Tuesday, British Home Secretary Theresa May announced in the House of Commons that Gary McKinnon, who has acknowledged hacking into U.S. government computers, would not be extradited to the U.S. because he was mentally ill, and extradition would therefore violate his human rights. The U.S. Department of Justice responded …
Harvard economist Larry Summers claims in The Washington Post that aggressive fiscal austerity in the U.K. is the primary cause of its continued economic stagnation. But the former Obama advisor understates both the necessity for a credible British fiscal plan in 2010 and the structural factors that have been a …
President Obama’s address to Britain’s Parliament in historic Westminster Hall was of a piece with many of his speeches: a mixture of soaring generalities and devils in the details, with some dubious history thrown in. The President’s entire visit to Britain has delivered a mixed message. Both leaders have evidently …
The results of the UK elections and the new coalition government that has resulted have sparked much commentary and debate. But few Americans actually understand how the British election system works. In this week’s Heritage in Focus podcast, Ted Bromund, senior research fellow at the Margaret Thatcher Center for Freedom, …
