Europe’s Paralysis Problem

It is seductive to think that the Russian war in Ukraine—and NATO’s sluggish response—is a crisis wholly tied to Russian nationalism and power politics. But in reality, the current crisis is neither simply a function of personal leadership nor political decision-making. As this crisis slowly expands and escalates, we must look at the deeper and far more consequential forces at work upon which the future of Europe—and Ukraine—rest. Russian President Vladimir Putin deals in the currency of force and power. He has found the nations of Europe to be weak, self-indulgent, irresolute, and intestinally unfit for confrontation.

The Middle East in Crisis: A View from Israel

 

DAVID SPEEDIE: I'm David Speedie, director of the program on U.S. Global Engagement at the Carnegie Council for Ethics in International Affairs. This is another in our series of Ethics in Security bulletins and I'm delighted to welcome today back to the Carnegie Council, Charles Freilich.

Backsliding on Nuclear Promises

 

For much of the past six years, President Obama has talked about working toward a world without nuclear weapons. Yet his administration is now investing tens of billions of dollars in modernizing and rebuilding America’s nuclear arsenal and facilities, as The Times reported in detail on Monday. And after good progress in making nuclear bomb material more secure around the world, Mr. Obama has reduced his budget requests for that priority. This is a shortsighted and disappointing turn.

 

A Generational Challenge

 

President Obama’s plan for dealing with ISIS is a step in the right direction, albeit one that doesn’t go far enough. That’s because ISIS is the symptom and immediate threat, not the primary problem: The Middle East is a fundamentally ill region, one that has repeatedly exported its problems to the United States and the rest of the world and will continue to do so for decades. Iran’s Islamic revolution, Saddam’s rapacious Iraq, al-Qaeda, the Taliban, Hezbollah, and Hamas, the slaughter in Syria, Darfur. The litany goes on.

Secrets Of The Fed Dallas Fed President Interviews Former Federal Reserve Chief Paul Volcker

 

Former Federal Reserve chairman Paul Volcker thinks a lack of discipline in financial markets and speculative banking investments led to the financial crisis of 2007-08. That’s what he told a roomful of fellow economists and business leaders last night at a global economic conference at the Federal Reserve Bank of Dallas. Dallas Fed president Richard Fisher led a question-and-answer session with Volcker, who is best known for taming inflation in the 1970s and 1980s and, more recently, helping to pass a federal regulation restricting U.S. banks from making risky investments that could lead to their failure.

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