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Economics
The finance minister who steered Greece into the common currency club argues that the country’s problems today are not an inevitable result of having adopted the euro -- and they can be resolved without abandoning it.
Mongolia is one among a small handful of places left in the world with major untouched mineral deposits. But investing successfully in its mining industry demands more than just money and a willingness to take risks; it requires understanding the country's vulnerable geography and byzantine political environment.
For technologies from the global South, worldwide success usually means shedding local ties and, should all go well, returning home triumphant. It is a treacherous road, and most of the benefits of such projects will never make it to the communities in which they started. But the alternative strategy of focusing on local problems and solutions is even less appealing.
Environment
Mongolia is one among a small handful of places left in the world with major untouched mineral deposits. But investing successfully in its mining industry demands more than just money and a willingness to take risks; it requires understanding the country's vulnerable geography and byzantine political environment.
Recent headlines have been shocking: 16,000 decaying pig carcasses in Shanghai’s Whampoa River, dire air quality reports in Beijing, and hundreds of thousands of people dying prematurely because of environmental degradation. China's pollution problem is holding back its economy -- and is endagering its people and the rest of the world in the process.
The U.S. energy revolution is not confined to a single fuel or technology: oil and gas production, renewable energy, and fuel-efficient automobile technologies all show great promise. To best position the country for the future, U.S. leaders should capitalize on all these opportunities rather than pick a favorite; the answer lies in ‘most of the above.’
Security
Israeli intervention in Syria's civil war has remained very limited. In part, that is because of Israel's long history with the Assad regime, which has consistently maintained peace along the two countries' border. Ultimately, Israel has more confidence in President Bashar al-Assad than in any foreseeable successor.
Given that there are few appealing policy options for Syria, it might be tempting to downplay Assad's alleged use of chemical weapons and brush aside earlier rhetoric about red lines. But that would be a mistake: chemical weapons can kill thousands in a single day, their use becomes a national trauma, and their debilitating effects linger for decades.
All in all, the reaction of the online jihadist community to the Boston bombing was unusually tepid. For many, the relatively small attack was simply a sideshow to bigger operations, most notably in Syria. For others, it was an uncomfortable indication of the global jihadist movement’s real limitations in the West.
Law & Institutions
The Supreme Court decision on Kiobel v. Royal Dutch Petroleum Co. seemed to deal a blow to foreign victims of foreign human rights abusers who wished to the Alien Tort Statute to sue their abusers in U.S. courts. But the decision might be a blessing in disguise. The ATS never proved that useful in advancing human rights worldwide, and by slamming the door on it, the Supreme Court has pushed the human rights movement to focus on using other tools.
The finance minister who steered Greece into the common currency club argues that the country’s problems today are not an inevitable result of having adopted the euro -- and they can be resolved without abandoning it.
The case against him may be phony, but Alexei Navalny, the Russian blogger and opposition activist, faces long odds in his trial, which begins Wednesday. When Putin cannot co-opt his enemies, it seems, he has other means of crushing them.
Politics & Society
The debate about what to do in Syria has been sidetracked by discussions of credibility and reputation. But both logic and evidence prove that reputations are mostly imaginary. Obama should not let fears that others might think him irresolute drive him to disaster. Instead, he should refocus on what U.S. interests really are in Syria, and how he can best obtain them.
The high turnout for the recent general election indicates that the Pakistani public is warming up to democracy. But participation is a double-edged sword: by virtue of having had its voice heard, the public now has heightened expectations of government performance. If Sharif fails to deliver, public disaffection could set in rather quickly and powerfully.
After an inconclusive vote and months of gridlock, Enrico Letta was sworn in this week as Italy's prime minister. But his center-left party is weak and bereft of ideas -- a problem facing the left Europe-wide.
U.S. Policy
The debate about what to do in Syria has been sidetracked by discussions of credibility and reputation. But both logic and evidence prove that reputations are mostly imaginary. Obama should not let fears that others might think him irresolute drive him to disaster. Instead, he should refocus on what U.S. interests really are in Syria, and how he can best obtain them.
The Obama administration is still looking for hard evidence that the Assad regime used chemical weapons in Syria. Although finding it is easier said than done, it is possible. The really important question is how the government will use evidence after it is collected.
The world may expect great things from India, but as extensive reporting reveals, Indians themselves turn out to be deeply skeptical about their country’s potential. That attitude, plus New Delhi’s dysfunctional foreign-policy bureaucracy, prevent long-term planning of the sort China has mastered -- and are holding India back.
