Is China’s system of capitalism better than that of the United States? That depends — do pigs fly? While I have no question in my mind that the U.S. is still the paragon of success when it comes to the capitalist system, lately a strange coalition of think-tankers, investors and politicians have been advancing the idea that China is eating our lunch when it comes to deploying capitalism.
Iran’s nuclear brinkmanship is leaving President Obama with few options: push Iran too hard, and energy prices rise. Do too little, and leave Israel in danger. Eurasia Group President Ian Bremmer explains how the U.S. can contain the Iran threat. Part 2.
Could it be that the international sanctions against Iran are hurting the Obama administration more than Iran itself? The argument over whether sanctions ever work is an age-old and never-ending debate, and to be clear, that’s not the one I’m trying to have in this column. But I do think it’s worth examining the negatives of Obama’s Iran policy, especially because it is likely to play out during this election season.
Almost a year on from a devastating earthquake and tsunami that left the Fukushima nuclear catastrophe in its wake, it’s fair to say Japan has experienced a crisis unlike any other since the 1945 bombings of Hiroshima and Nagasaki that ended World War Two.
At a time when President Obama has moved troops out of Iraq and is moving them out of Afghanistan, it’s looking increasingly like our worries in the Middle East are far from over. Maybe it’s not unprecedented, but it’s highly unusual for a sitting secretary of defense to worry in print (to Washington Post columnist David Ignatius) that Israel could launch a strike against Iran as early as this spring. The point of the Israeli attack, according to Ignatius and Panetta, would be to stop Iran before it begins building a nuclear bomb. The U.S. is saying that it would find such a move foolhardy, and yet also reassuring both the Israeli and American publics that it is committed to Israel’s security.
DAVOS–If 2011 was the year of the protestor, 2012, at least where the World Economic Forum is concerned, is the year of the reckoning. Through the events of the Arab Spring, major power vacuums have been created in countries all over the Middle East. More governments, such as Syria’s, are likely to topple. But the time to start thinking about what’s next for countries like Egypt is already here.
A Russian Spring grows as the prospects of Vladimir Putin returning to the presidency loom. Ian Bremmer, Susan Glasser and Gideon Rose talk with Thomson Reuters Digital Editor Chrystia Freeland about the prospects of an uprising in Russia similar to what we’ve seen in the Arab world.
The media can’t help themselves when it comes to presidential politics, and that’s never been more in evidence than in the current Republican nomination battle. For the press, campaign season is its Olympics, the time when reporters’ bosses open their wallets to send them to far off places like Dixville Notch, New Hampshire and Cedar Rapids, Iowa, and correspondents can make a career on how well they report on the race. Except this year, there is no race. Mitt Romney will be the nominee, and that’s been clear for months.