Video courtesy of BBC Newsnight. Originally aired on Jan. 19, 2016.

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SEVEN YEARS AFTER the failure of Lehman Brothers triggered a panic on Wall Street and sent the world economy into a tailspin, a free fall of the Chinese stock market has set off a new alarm. China’s stock market travails are also pulling down US and European stocks. Equity markets worldwide shed more than $2 trillion [...]

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The wars over climate science aren’t really about whether humanity is dangerously changing the climate. It is. They are proxy wars—lobbying wars—over 21st-century energy sources: fossil fuels vs. renewables vs. nuclear energy. In fact, we will need all energy sources that meet three conditions: homegrown (for national security), low-cost (for competitiveness) and environmentally safe. With [...]

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December 19th, 2015

A New Century for the Middle East

NEW YORK – The United States, the European Union, and Western-led institutions such as the World Bank repeatedly ask why the Middle East can’t govern itself. The question is asked honestly but without much self-awareness. After all, the single most important impediment to good governance in the region has been its lack of self-governance: The region’s [...]

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The Wall Street Journal has become the Fox News of print journalism, another entertainment outlet of the Murdoch media empire. The paper’s opinion pages are lively, clever, and increasingly fact free. Business leaders looking for serious analysis instead of entertainment should turn to The Financial Times and other leading business outlets. Read the full article [...]

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NEW YORK – In the run-up to the United Nations Climate Change Conference (COP21) in Paris, more than 150 governments submitted plans to reduce carbon emissions by 2030. Many observers are asking whether these reductions are deep enough. But there is an even more important question: Will the chosen path to 2030 provide the basis [...]

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The pledges that countries have signaled they will make in Paris over the next two weeks to cut emissions will inevitably fall short of what is needed to solve the problem of climate change.   But many political leaders gathering there — including governors, mayors, and provincial cabinet secretaries — are pushing for more aggressive cuts. By the dozen, they [...]

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Globalization is a positive and powerful force for good, if it is embedded in the right kind of ethical and legal framework. Yet the current draft of the Trans-Pacific Partnership is not worthy of a simple thumbs-up by the Congress. Without jettisoning the purported goals of TPP, the 12 signatories should slow down, take the [...]

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There are no easy answers to Europe’s migration crisis. Perhaps that fact alone – the reality that all options are insufficient – could be the basis to build a consensus out of the bitter divisions that now grip the continent. The answer to the crisis in the longer term will depend less on migration policy and [...]

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