U.S. administrations have backed sweeping efforts for societal change in the Middle East in recent decades, with poor results. But Washington can still achieve more modest, essential goals in the reg…

Relentlessly falling inflation is bad news for Eurozone banks.  It increases the real (inflation-adjusted) value of borrower debt and the real cost of servicing that debt.  It causes loan defaults…

Fed Chairman Ben Bernanke defended QE3 at his September 13 press conference by arguing that it would lower mortgage rates and increase home prices.  Over 80% of U.S. household debt is mortgage deb…

The story of an American who died in service to his country.

Japan Broadcasting Corporation (NHK) Special Affairs Commentator Doden Aiko offers her insights from working as a correspondent and field reporter around the world.

Drone technology has been used extensively in twenty-first-century armed conflict, but the Russia-Ukraine war is driving innovations in autonomous warfare not seen on other battlefields.  

Annual reports on the health of democracy this year reaffirmed an ongoing trend of decline, which has occurred alongside a less heralded but related stalling of women’s political participation. Given…