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Brazil’s Economy: Falling Like a BRIC

Brazil’s latest GDP data further tarnishes its reputation as the great hope of Latin America. The country’s economy grew by a mere 0.6 percent last quarter—far less than what’s needed to achieve the 4 percent annual growth rate its overly optimistic finance minister had predicted.This is in sharp contrast with earlier years. In 2010, Brazil grew by […]

Indian Growth Crisis Worsens

India’s economy continues to falter. In the quarter from July to September, its growth rate shrunk from 5.5 to 5.3 percent, a three-year low. With only one month left, India looks like it will post one of its worst years in recent memory. The BBC News reports: Weaker global demand for exports, a dip in foreign […]

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Small Calamities

 

Small Business Owners Lose Confidence After Election

According to a Gallup poll, American small-business owners became extremely pessimistic about their future prospects following the presidential election. After hitting a nadir in mid-2010, optimism had been growing steadily over the past two years. But in the last month, that positive trend has reversed.A deeper look at the Gallup data reveals even more bad […]

Wall Street vs Schools in California

California school districts, hit hard by declining tax revenues, are turning to Wall Street for “capital-appreciation bonds.” It’s a quick fix with a heavy cost: In return for delaying payments for decades, the districts will have to pay back much, much more than they borrowed—often 10 times as much. Needless to say, these cities will […]

China Sentences Dissident’s Nephew to 39 Months in Prison

The Washington Post: Chen Kegui, the nephew of blind legal activist Chen Guangcheng, was sentenced Friday to 39 months in prison for injuring government agents who stormed into his home while searching for his uncle, who had fled house arrest.Another activist and friend, Hu Jia, said on his Twitter account that Chen Kegui was found guilty […]

Dissidents Attacked by Cuban Police… Again

Plainclothes police in Cuba harassed an internationally respected human rights leader and his colleague in separate incidents on Tuesday. Sounds like Cuba’s government is carrying out yet another crackdown on its dissident community. The Associated Press reports: Elizardo Sanchez said two plainclothes officials stopped him near his Havana home on Tuesday, shouting physical threats and using crude language. […]

Gov Christie Appeals to Feds for Aid

In the aftermath of Hurricane Sandy, Governor Chris Christie is calling for the construction of a dune system to protect costal communities from future storms.Despite protests from shoreline NIMBYs who complain that the new dunes will block their view, Christie has vowed to push ahead with the project, teaming up with New York Governor Andrew […]

As Fighting Rages in Syria, US Prepares to Recognize Opposition

The internet is still down in Syria, and fighting is raging in multiple locations across the country in what people fear could be the beginning of a more brutal and destructive phase of the civil war. “In some ways, it’s a Cyclops stabbing itself in the eye,” Joshua Landis, a Syria expert at the University […]

U.S. Winning War Against The Young: Birth Rate Plunges

Pew has some ugly U.S. demographics numbers in a new report out yesterday: The overall U.S. birth rate, which is the annual number of births per 1,000 women in the prime childbearing ages of 15 to 44, declined 8% from 2007 to 2010. The birth rate for U.S.-born women decreased 6% during these years, but […]

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Walter Russell Mead & Staff
Asia's Game of Thrones

After the Chinese abruptly canceled a trade summit, the Philippine President is now walking back his Foreign Secretary’s harsh criticism of China.

Technology and Africa

A moment of bitter irony in the midst of Cameroon’s Anglophone crisis highlights the promises and limits of technology.

Bromance Interrupted

The love of Putin’s Russia is a precious gift that costs a lot and can be taken away at a moment’s notice—as soon as the beloved doesn’t fit the Kremlin’s selfish interests any longer.

Higher Education Watch

How the government might restrict the flow of subsidies to selective American universities whose priorities aren’t necessarily in line with the public’s.

My Big Fat Greek Bailout

Europeans hoping that the U.S. might lean on the IMF for friendlier Greek bailout terms may be out of luck.

Crude Economics

US imports of Middle Eastern crude are set to drop, and our exports just hit a 24 year high.

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