Economics & Politics

Read More, Comment & Share

NEW YORK – Back in 1965, Valéry Giscard d’Estaing, then France’s Minister of Finance, famously called the benefits that the United States reaped from the dollar’s role as the world’s main reserve currency an “exorbitant privilege.” The benefits are diminishing with the rise of the euro and China’s renminbi as competing reserve currencies. And now [...]

Read More, Comment & Share

(CNN) Maybe Donald Trump really is the Manchurian Candidate, a stooge of some foreign potentate. Much more likely, Trump is just mentally unstable and narcissist. Whichever it is, Trump is rapidly destroying American global leadership, alliances, and interests. Wednesday’s announcement of new tariffs on steel and aluminum exports from Canada, Mexico, and the European Union is [...]

Read More, Comment & Share

NEW YORK – Donald Trump’s renunciation of the Joint Comprehensive Plan of Action (JCPOA) with Iran and the reimposition of US sanctions on that country threaten global peace. Europe’s security depends on defending the agreement with Iran despite the US withdrawal. That, in turn, requires Europe, along with Russia, China, and other United Nations member [...]

Read More, Comment & Share

NEW YORK – There are two types of foreign policy: one based on the principle “might makes right,” and one based on the international rule of law. The United States wants to have it both ways: to hold other countries accountable to international law while exempting itself. And nowhere is this truer than on the [...]

Read More, Comment & Share

The Millennium Village Project (MVP) was initiated in 2005 as a means to implement the recommendations of the UN Millennium Project at a local scale in rural Africa. The main conclusion of the UN Millennium Project was that the Millennium Development Goals (MDGs) could be achieved if the high-income donor nations increased their official development assistance [...]

Read More, Comment & Share

In recent years, New Yorkers, like people all over the world, have faced the realities of human-made climate change: extreme storms, rising sea levels, summer heat waves, massive winter nor’easters, and a $20 billion plan to reduce future flooding. Last year, the United States as a whole experienced the highest losses from climate disasters, an [...]

Read More, Comment & Share

Published in Financial Times. Letters to the Editor Despite the pleading by Gerson Zweifach, group general counsel of 21st Century Fox, UK regulators would be ill-advised to agree to Fox’s bid for Sky News (“Fox’s bid for Sky deserves a swift and fair decision,” April 17). Rupert Murdoch’s media empire has had several notorious brushes [...]

Read More, Comment & Share

(CNN) The federal government’s top ethics official has asked the Environmental Protection Agency to take “appropriate actions to address any violations” rising from the behavior of the agency’s administrator, Scott Pruitt.  Read the full article on CNN.

Read More, Comment & Share

Italy – which stands at the border between Europe’s prosperous north and crisis-ridden south, and between an open Europe and one seized by atavistic nationalism – will play a pivotal role in determining whether the EU survives long enough to reform itself. The coalition government that emerges will prove crucial. Read the full article on Project [...]

Read More, Comment & Share