Little Chance of Israeli-Palestinian Peace Deal
With peace negotiations at a standstill, a two-state solution seems farther away than ever.
Regionalization Looms for Republican Party
The Southern base of the party is ideologically supreme but can’t win national elections.
New Japanese Government Deepens Burma Engagement
Japan plans to forgive the majority of the debt Burma owes it and invest more in the country.
Britain “Entitled” to Request Changes in Europe: Cameron
The British prime minister promises voters a “real choice” on Europe in the next election.
Italy’s Berlusconi, Separatists Seal Electoral Pact
The former prime minister renews his alliance with the separatist Northern League.
Syria’s Assad Soldiers On, Blames Foreigners for Civil War
The president urges Syrians to defend their country against an alien rebellion.
Netanyahu Tries to Fend Off Right-Wing Challenge
The Israeli prime minister responds to the defection of conservative voters to the right.
Sudans Agree to Demilitarize Disputed Border Area
The two Sudans agree to set up a buffer in the region where most of their oil is produced.
Nationalization Works? For Whom?
Saving insurance giant AIG only worked for AIG. The economy as a whole isn’t better off.
President’s Illness Casts Doubt on Venezuela’s Political Future
A week before his scheduled inauguration, Hugo Chávez remains in hospital in Cuba.
Czechs, Poles to Keep German Green Energy Out
Germany’s neighbors are tired of grid fluctuations and shut themselves off.
Obama Divides Republicans With “Fiscal Cliff” Deal
Fewer than half of Republican congressmen vote to raise taxes to stave off the “fiscal cliff.”
Yemen Succeeds Pakistan as Ground Zero in Drone War
Drone strikes in Pakistan decrease as Al Qaeda expands its presence in Yemen.
Senate Averts “Fiscal Cliff,” Long-Term Budget Deal Elusive
Lawmakers avoid an immediate tax hike but achieve no long term fiscal consolidation.
Necessary Financial Correction Has Yet to Come
It’s hard to be optimistic when central bankers are spending like drunken sailors.