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Terrible rulers, sullen populations, a terrorist fringe -- the Arabs' exceptionalism was becoming not just a human disaster but a moral one. Then, a frustrated Tunisian fruit vendor summoned his fellows to a new history, and millions heeded his call. The third Arab awakening came in the nick of time, and it may still usher in freedom.
Opponents of military action against Iran assume a U.S. strike would be far more dangerous than simply letting Tehran build a bomb. Not so, argues this former Pentagon defense planner. With a carefully designed attack, Washington could mitigate the costs and spare the region and the world from an unacceptable threat.
China seems to want the yuan to dethrone the dollar as the global reserve currency. But don’t expect China’s currency to take over anytime soon. The yuan will rise, but far slower than predicted, and Beijing’s puzzling efforts to help it along reveal flaws in the government’s divided and incremental approach.
Confidence in the dollar and the euro continues to falter, threatening the international monetary system. The world has faced such monetary collapse before: in the 1930s, with disastrous results, and less catastrophically in the 1970s. Understanding these two precedents is crucial to successfully navigating the crisis today.
The collapse of the euro is no accident; the seeds of the crisis were planted before the monetary union even began, argues a former chair of the Council of Economic Advisers. It never made sense to yoke so many different economies and cultures together—yet they now find themselves trapped in a union that leaves no means of escape.
As the United States looks ahead, it faces two central challenges in foreign policy, writes a former national security adviser: enlarging the zone of prosperity and democracy in the West while balancing the rise of China and allaying the fears of the United States’ Asian allies. Neither challenge can be addressed in isolation -- for today, the fates of the West and the East are intertwined.
The United States gives Pakistan billions of dollars in aid each year. Pakistan returns the favor by harboring terrorists, spreading anti-Americanism, and selling nuclear technology abroad. The bribes and the begging aren't working: only threats and the determination to act on them will do the job. Washington must tell Islamabad to start cooperating or lose its aid and face outright isolation.
In their single-minded pursuit of economic growth, China's leaders have long overlooked public health -- which, by some measures, is now worse than under Mao. Despite recent reforms, China's citizens keep getting sicker, threatening the country's health-care system, the economy at large, and even the stability of the regime.
Since the collapse of the Soviet Union, Russia has been gripped by a devastating population crisis. The country's demographic decline will undermine the Kremlin's plans for economic and military modernization -- and could make Moscow more dangerous in the international arena.
Despite the fall of the Qaddafi regime in Libya, humanitarian intervention still has plenty of critics. But their targets are usually the early, ugly missions of the 1990s. Since then -- as Libya has shown -- the international community has learned its lessons and grown much more adept at using military force to save lives.
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