At this point in the Eurozone crisis, the only responsible thing for European leaders to do is to develop contingency plans that will minimize the economic fallout in Europe when—not if—Greece defaults. Economic figures released today for the fourth quarter of 2011 paint a bleak picture for the already embattled …
Heritage and the Wall Street Journal released the 2012 Index of Economic Freedom on Thursday, ranking 179 countries on 10 benchmarks that gauge their economic success. This year Heritage introduced a new interactive feature that gives you the opportunity to create a comparative graph. This week’s chart shows how the …
I had the privilege of attending the Ronald Reagan Centennial Gala in Washington earlier this week. Superbly organised by the Reagan Presidential Foundation, it was a truly magnificent event remembering the greatest American president of the last 100 years. Lech Walesa, the brave Polish freedom fighter who stood up to …
When President Ronald Reagan stood before the Brandenburg Gate in West Germany and famously demanded that Soviet leader Mikhail Gorbachev “Tear down this wall!” he brought to Europe—and indeed the world—America’s conviction that freedom and democracy are a powerful liberating force whose time had come for those living under communist …
The Franco-American-British coalition leading military intervention in Libya has demonstrated the cardinal rule of international security: enduring alliances matter. Ultimately, when the chips were down and the rebel stronghold in Benghazi was under threat, it was a coalition of long-standing allies that rallied behind one another to enforce a no-fly …
The Special Relationship between the U.S. and Britain has many facets, but at its core is close cooperation in the military and intelligence realms. And at the heart of our military cooperation is the U.S.–U.K. Mutual Defence Agreement. Signed in 1958, and renewed every 10 years—most recently in 2004—the agreement …
Last Friday, British newspapers reported that the U.S. had agreed to supply Russia with sensitive information on Britain’s nuclear deterrent in order to win Russian agreement to New START. Over the weekend, State Department spokesman P.J. Crowley described this claim as “bunk” and asserted that New START simply “carried forward …
According to British Chancellor of the Exchequer George Osborne, the United Kingdom will put into place “a radical new welfare state where it always pays to work.” Newly elected British Prime Minister David Cameron has set forth plans that, according to analysts, will result in the nation’s most dramatic welfare …
Last week, George Osborne, the British Chancellor of the Exchequer, unveiled the results of a wide-ranging review of spending, designed to bring the government’s share of the economy down from today’s 47.5 percent to 41 percent by 2014–15. In the main, the review’s results are welcome, though they do not …
In 2007, the director general of Britain’s internal security service described al-Qaeda and its associated groups as, “the main national security threat that we face today.” Revelations that al-Qaeda linked terrorists planned to carry out Mumbai-style attacks in Germany, France and Britain once again underscores this fact. The capture and …
