International Affairs

Articles on International Affairs.

Cyprus Forced Into Bailout Deal

Cyprus Forced Into Bailout Deal

For the first time in this crisis, the bailout does not cover depositors in full. Losses are to be suffered by not only shareholders and bondholders, but even by depositors. We expect future bailouts to incorporate this feature.…

The Iraq War Ten Years After

The Iraq War Ten Years After

Declassified Documents Show Failed Intelligence, Policy Ad Hockery, Propaganda-Driven Decisionmaking.…

Cyprus Targets Its Savers in Bailout Agreement

Cyprus Targets Its Savers in Bailout Agreement

They have hit their savers with a grievous blow, and this will do irreparable harm to trust and confidence.…

Lest we forget: The neglected roots of Europe’s slide to authoritarianism

Lest we forget: The neglected roots of Europe’s slide to authoritarianism

A multitude of evils can hide behind the ideological veil of top-down European integration.…

Justice Department: Worst Open Government Performance in 2012

Justice Department: Worst Open Government Performance in 2012

The Prize Memorializes President Nixon's Secretary Who Erased Watergate Tapes…

Are Ireland and Portugal out of the woods?

Are Ireland and Portugal out of the woods?

Is there any justification in saying that these two countries are closer today to exiting their ward-of-the-troika status than they were last July, before Mr Draghi’s pronouncement that he will do all it takes to save the Eurozone?…

Impact Of Germany’s Gold Repatriation

Impact Of Germany’s Gold Repatriation

I suspect the reason for repatriating the gold has more to do with a shift in German politics than any sudden questions about the faith and credit of a central bank, or any desire to re-monetize gold in Germany.…

German Gold Claw Back Causes Concern

German Gold Claw Back Causes Concern

The repatriation of even a part of Germany's central bank gold holdings should be regarded with concern.…

France and the UK Could Be the Lynchpins of Europe

France and the UK Could Be the Lynchpins of Europe

If either France faces an economic bailout or the UK votes to leave, the EU likely will begin to disintegrate.…

Space-Based Early Warning: From MIDAS to DSP to SBIRS

Space-Based Early Warning: From MIDAS to DSP to SBIRS

Cold-War DSP System is now in the process of transition to SBIRS. First SBIRS GEO Scheduled to become operational in January 2013.…

On the sad algebra of the Greek Debt Buyback

On the sad algebra of the Greek Debt Buyback

At the end of the day, tens of billions of fresh loan tranches will have authored another nasty act in the cruel theatre of horrors that is the Greek bailout.…

The Eurozone after the November Eurogroup ‘Greek Deal’: The state of (current) play

The Eurozone after the November Eurogroup ‘Greek Deal’: The state of (current) play

The repercussions of this short-sighted agreement are grave not only for Greece but for the Eurozone, and indeed the European Union, more broadly.…

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