The Next Big Housing Crisis?
Second-lien debt could be a greater threat to bank solvency than the subprime disaster of 2008.
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Saudi Troops on the Move
Sending in Saudi-UAE troops is probably a counter-productive over-reaction, because tensions in Bahrain are purely political and local. An inner beast has awoken in Saudi Arabia, and it has regional and global implications.
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Libya and the World Left
The key struggle worldwide right now is the second Arab revolt. It will be hard enough to obtain a truly radical outcome in this struggle. Qaddafi is a major obstacle for the Arab, and indeed the world, left.
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Europe Must Regain the Diplomatic Initiative
It is high time for Europe to take over the lead role from the United States in negotiations with Iran over its nuclear programme, as well as in attempting to broker a settlement of the long-running Arab-Israeli conflict.
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The Right Intervention in Libya
Intervention in Libya -- whether political, humanitarian or military -- should only happen if it is based on three critical prerequisites.
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License and Liberty
The Supreme Court has ruled that the Westboro Baptist Church can't be punished for picketing at funerals. Is this really a win for free speech?
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Egypt Shows the Way
Egyptians stormed the intelligence directorate in Cairo in recognition of how important the over-extended role of the security agencies has been in plunging Egypt into a steady downward spiral of ineptitude and irrelevance in the past 50 years.
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