Beggaring the world economy
CHICAGO: Global capital is on the move. As ultra-low interest rates in industrial countries send capital around the world searching for higher yields, a number of emerging-market central banks are…
Economics for parrots
BERKELEY: It is said that the early nineteenth-century British economist J.R. McCulloch originated the old joke that the only training a parrot needs to be a passable political economist is…
Obama’s flawed peace process
MADRID: Since its inception in Oslo almost two decades ago, the Israeli-Palestinian peace process has been stymied by the dysfunctional political systems of both sides. Hostage of an impossible coalition…
China as a superpower
YALTA: Given its rapid and successful development, there can be no doubt that the People’s Republic of China will become one of the dominant global powers of the twenty-first century.…
Brady bonds for the Eurozone
WASHINGTON, DC: Today’s conventional view of the eurozone is that the crisis is over — the intense, often existential concern earlier this year about the common currency’s future has been…
Religious leadership and building a culture of peace
JERUSALEM: It may very well be that one of the obstacles to the success of the Oslo Process was the absence of any component of religion or religious leadership. Oslo…
Egypt Minister: world economy recovery uneven
WASHINGTON: The head of the International Monetary Fund's steering committee says the global economy is bouncing back unevenly but still faces pitfalls, particularly the high debt burdens some governments are…
US raps Egypt-Iran resumption of flights
WASHINGTON: The United States on Thursday criticized an agreement between Egypt and Iran to resume direct flights between their capitals. "We're aware of the reports that they've signed a memorandum…
Vatican invites Jewish and Muslim guests to Mideast synod
ROME: A senior Iranian cleric and a Jewish rabbi are among some of the guests invited by Pope Benedict XVI to attend the synod on the Middle East starting on…
Adib says he’ll be back on the air soon
CAIRO: Popular talk show host Amr Adib said that his show will be back on the air soon, quelling concerns that Orbit’s studios were shut down for political reasons ahead…