Thursday, December 19

Tag: defense spending

Only the U.S. Can Restore World Order
7Nov By adminNo Comments
Business

Only the U.S. Can Restore World Order

Chaos is spreading throughout the world as a direct consequence of America’s failure to deter Russia, Iran and China. The balance of power in key regions is faltering, leading to instability and global disorder. Like it or not, the U.S. is the only force that can restore equilibrium.In a global conflict, as the Yale political scientist Nicholas Spykman (1893-1943) observed, success or failure in one region has “immediate and determining effect on the others.” Spykman emphasized the importance of preventing the rise of hegemonic powers whose “principles and ideals are opposed to the whole course of Western civilization.” This effort to check power in key regions of the world has been a mainstay of American foreign policy since the Cold War. Copyright ©2023 Dow Jones & Company, Inc. All...
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The Federal Reserve at War
1Nov By adminNo Comments
Health

The Federal Reserve at War

Monetary policy officials are hinting to financial markets that the Federal Reserve will stop raising interest rates—even as the Fed signals that it is too early to declare victory over inflation. Wary investors can only speculate, while market analysts are happy to guess the Fed’s next move.Before the Fed announces its latest interest-rate decision on Wednesday, we should recognize that dramatic shifts in monetary policy that affect financial outcomes far into the future aren’t predictable. They occur when unexpected financial events force unanticipated actions.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Hamas’s Violence Is Another European Policy Failure
15Oct By adminNo Comments
Business

Hamas’s Violence Is Another European Policy Failure

If the European Union were a single country it would be the world’s third-most-populous nation—behind India and China—and boast the second-largest economy, behind the U.S. The bloc has evolved a central administrative apparatus that is leading to ever greater political integration and that increasingly attempts to exert its influence on the rest of the world.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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