Seen from the other end of the Atlantic, the solution to the euro crisis always seemed obvious to some – not least NYT columnist Paul Krugman. Yet the Nobel Prize-winning economist has been wrong on virtually everything he has said about European fiscal policy.
The US Department of Justice’s indictment of leading FIFA officials is likely the result of successful cooperation with between US and European authorities, and relied on robust data collection. This example of successful surveillance could do with a bit more fanfare.
As the sober National Interest warns that America and Russia are “stumbling to war,” roughly four Western scenarios compete to explain where we stand in the year-old Ukraine crisis. Let’s call them the McCain, Mearsheimer, Motyl, and Merkel theses of, respectively, Russian aggression, Russian hegemonic privilege, Russian decline, and Russian paranoia. (Part 1 of 2)
German Chancellor Angela Merkel turned down Russian President Vladimir Putin’s invitation to attend the huge military parade planned for the 70th anniversary of the Allied victory over Germany. Instead, she will travel to Moscow one day later to take part in a ceremony at the Tomb of the Unknown Soldier – an unexpected hopeful sign.