Sunday, February 14, 2016
  1. World Affairs

    Europe on the Sidelines

    Ana Palacio
    World Affairs

    Europe on the Sidelines

    17

     warns that the EU's irrelevance as a global player is a direct threat to the liberal world order.

    European Union flag

    America's withdrawal from global leadership and Europe’s drawn-out crisis have put the international liberal order under strain. And while there are signs that the US is ready to reassert itself, the EU seems to have chosen to remain on the sidelines – with grave implications for global stability. READ MORE

  2. Culture & Society

    Putin, the Pope, and the Patriarch

    Nina L. Khrushcheva
    Culture & Society

    Putin, the Pope, and the Patriarch

    2

     explains why the Kremlin wants to help mend Christianity's Great Schism.

    Vladimir Putin and Pope Francis Alexei Nikolsky/Planet Pix via ZUMA Wire

    The historic meeting between Pope Francis and Russian Orthodox Patriarch Kirill in Cuba will not only be an opportunity to heal one of the oldest divisions in Christianity. For Russian President Vladimir Putin, it will be an occasion to project his country's influence at a time when it is being battered by oil prices and sanctions. READ MORE

  3. World Affairs

    Boundless Crises, Reckless Spoilers, and Helpless Guardians

    Wolfgang Ischinger
    World Affairs

    Boundless Crises, Reckless Spoilers, and Helpless Guardians

    9

     outlines the challenges facing world leaders and the international order over the coming year.

    Army vehicle isolated in the desert.

    The world is entering a period of growing risk, rising uncertainty, and fundamental transformation – the beginning of a less stable international era. Responsible leaders must work together to reconstruct the international order, strengthen institutional arrangements, and stem spreading chaos. READ MORE

  4. World Affairs

    A Mexican Impasse for the Pope

    Hernando de Soto
    World Affairs

    A Mexican Impasse for the Pope

    1

     urges Francis to advocate for a simple reform that would benefit billions of poor people worldwide.

    Pope Francis

    When Pope Francis holds mass just south of the US-Mexico border next week, he will almost certainly urge support for immigrants who have headed north. He should also take the opportunity to advocate for the five billion people in the world who lack documented property rights. READ MORE

  5. Economics

    The Negative Rates Club

    Daniel Gros
    Economics

    The Negative Rates Club

    36

     explains why expansionary monetary policy has only a limited impact in Japan and the eurozone.

    Euro coins

    After years of quantitative easing and negative interest rates, it is becoming clear that these policies work as expected only in debtor economies, but have little effect in creditor economies. The reason is simple: creditors lose when rates go negative, and debtors gain. READ MORE

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