Friday, December 19, 2014
  1. World Affairs

    Pakistan After the Peshawar Massacre

    Shahid Javed Burki
    World Affairs

    Pakistan After the Peshawar Massacre


     calls the Taliban's slaughter of schoolchildren a tipping point in the fight against extremism.

    Kashmiri protest Pakistan Tariq Mir/ZumaPress

    The Taliban's December 16 massacre of students at a military school in Peshawar was the single deadliest attack in the group’s history. But, by attacking the children of military families, the Taliban has dramatically increased the likelihood that Pakistan will move resolutely against it. READ MORE

  2. Business & Finance

    Running From the Ruble

    Sergei Guriev
    Business & Finance

    Running From the Ruble


     attributes the abrupt collapse of Russia's currency to doubts about corporate debt.

    Russia Ruble exchange rates Valya Egorshin/ZumaPress

    The cause of Russia’s “Black Monday” was readily apparent: the government bailout of state-owned Rosneft, the country’s largest oil company. Usually, bailouts calm markets; but this one recalled early post-Soviet experiments, when the Central Bank of Russia issued direct loans to enterprises – invariably fueling higher inflation. READ MORE

  3. Politics

    Xi’s Reform Gambit

    Andrew Sheng

    Xi’s Reform Gambit

    & 0

    &  compare Chinese President Xi Jinping's reform ambitions to those of Deng Xiaping.

    Xi Jinping nznationalparty/Flickr

    When Deng Xiaoping initiated China’s market-oriented reforms 35 years ago, he was taking the biggest political risk since the founding of the People’s Republic in 1949. Now that President Xi Jinping has initiated his own, equally risky program of reform, one must ask whether his strategy, too, will pay off. READ MORE

  4. Business & Finance

    Socrates in Silicon Valley

    Lucy P. Marcus
  5. Economics

    Why Are Commodity Prices Falling?

    Jeffrey Frankel

    Why Are Commodity Prices Falling?


     says that slower global growth and the threat of deflation are not driving the decline.

    Newsart for Why Are Commodity Prices Falling?

    Most dollar commodity prices have fallen since the first half of the year. Though a host of sector-specific factors are at work, the fact that the downswing is so broad – as is often the case with large price movements – suggests that macroeconomic factors are at work. READ MORE

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