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Walter Russell Mead & Staff
The Costs of Traffic Accidents

Cheap fuel has put more people on the road, and traffic crash fatalities are skyrocketing. Self-driving cars can’t get here fast enough.

Tsai's Taiwan

Although Taiwan will never, on its own, be able to repel China, in some areas the military lacks even basic capabilities.

Pricing Carbon

The state’s carbon market is floundering, but that didn’t stop the legislature from moving to extend it.

Universalism vs. Pragmatism

Hungary’s PM stance on migrants has long given Brussels the vapors. His doubling down points to real trouble ahead for the EU.

Petrostates in Peril

The collapse in crude prices cut OPEC’s oil export revenues nearly 50 percent in 2015.

Checkbook Diplomacy

The Land of the Rising Sun may be stagnating, but it still has plenty of economic clout in its region.

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