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Updated: 2 weeks 7 hours ago

Why Trump Should Leave the Fed Alone

Tue, 23/04/2019 - 06:00

Monarchs of old used to clip currency. Shaving slivers of gold or silver off coins was a crude but effective way to acquire seigniorage—revenue from minting money—which they often used to finance unpopular foreign wars. Nations don’t do that anymore; there aren’t enough gold and silver coins left to make a difference. Instead, they generate seigniorage by printing money to finance debt and allowing the resulting inflation to erode the value of the currency in circulation and, if the inflation surprises markets, to erode the value of the pre-existing debt.

Which brings us to U.S. President Donald Trump and his plan—now hastily modified—to put both Herman Cain and Steven Moore on the Federal Reserve’s Board of Governors. Trump has expressed extreme unhappiness—anger, even—over the actions taken by the politically independent Federal Reserve. He would like to clip its wings by placing sycophants like Moore (and, before he withdrew, Cain) on its board. Economists and businesspeople, almost to a man and woman, think this is a terrible idea.


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What Jokowi’s Reelection Means for Indonesia

Mon, 22/04/2019 - 06:00

On a sunny afternoon in Yogyakarta, many of the neighborhood women have gathered to share tea, exchange gossip, and select the president of the world’s fourth-largest nation. Whom have they picked? They can’t say: any type of electioneering—even so much as wearing a candidate’s T-shirt—is banned today. Not just at polling sites but throughout Indonesia. But the women find a sly way around the restriction. They hold up their ink-purpled forefingers to indicate that they’ve already voted—and to reveal their choice: “Number One” (that is, the first candidate on the ballot), President Joko Widodo. In case there was any doubt about their meaning, a few subtly angle their fingers toward a mural on the wall, showing all of Indonesia’s past leaders. Widodo (more commonly known by the nickname “Jokowi”) is in the lower right corner, looking slightly bemused to be in the company of such towering figures. Just as he does in real life. And that, perhaps more than for any policy position, is why the women at Voting Station 105 are so smitten by him.


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The Mueller Report Shows Politicians Must Unite to Fight Election Interference

Mon, 22/04/2019 - 06:00

The release of Special Counsel Robert Mueller’s report has generated pitched debate over whether it vindicates President Donald Trump or damns him. But lost in this partisan fight is one of the investigation’s most important findings: its detailed documentation of Russia’s interference in the 2016 U.S. presidential election, which Mueller concluded was “sweeping and systematic.” If Democrats and Republicans cannot unite to take action against this threat to U.S. national security, they will leave Americans vulnerable to further attacks. Luckily, there are clear steps policymakers can take to secure American democracy—but they will require bipartisan leadership.


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This Time Is Different

Tue, 16/04/2019 - 06:00

It is a truth universally acknowledged that a foreign policy community in possession of great power must be in want of peace of mind. Climate change, the Middle East, terrorism, trade, nonproliferation—there is never a shortage of issues and areas for those who work in international relations to fret about. If you were to flip through the back issues of Foreign Affairs, you would find very few essays proclaiming that policymakers had permanently sorted out a problem. Even after the Cold War ended peacefully, these pages were full of heated debate about civilizations clashing.


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Spies, Lies, and Algorithms

Tue, 16/04/2019 - 06:00

For U.S. intelligence agencies, the twenty-first century began with a shock, when 19 al Qaeda operatives hijacked four planes and perpetrated the deadliest attack ever on U.S. soil. In the wake of the attack, the intelligence community mobilized with one overriding goal: preventing another 9/11. The CIA, the National Security Agency, and the 15 other components of the U.S. intelligence community restructured, reformed, and retooled. Congress appropriated billions of dollars to support the transformation.


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Hard Truths in Syria

Tue, 16/04/2019 - 06:00

Over the last four years, I helped lead the global response to the rise of the Islamic State (ISIS)—an effort that succeeded in destroying an ISIS “caliphate” in the heart of the Middle East that had served as a magnet for foreign jihadists and a base for launching terrorist attacks around the world. Working as a special envoy for U.S. Presidents Barack Obama and Donald Trump, I helped establish a coalition that was the largest of its kind in history: 75 countries and four international organizations, their cooperation built on a foundation of U.S. leadership and consistency across U.S. administrations. Indeed, the strategy to destroy the ISIS caliphate was developed under Obama and then carried forward, with minor modifications, under Trump; throughout, it focused on enabling local fighters to reclaim their cities from ISIS and then establish the conditions for displaced people to return.


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A Good Democracy Is Hard to Find

Tue, 16/04/2019 - 06:00

Democracy’s global travails continue to mount. What looked as recently as a decade ago to be real democratic progress in countries as diverse as Brazil, Hungary, South Africa, and Turkey has been either reversed by illiberal strongmen or unsettled by revelations of systemic corruption. Some of the most stirring recent political openings, such as those in Egypt and Myanmar, have slammed shut. The United States and several long-standing democracies in western Europe are struggling with serious democratic challenges, especially the rise of illiberal populist forces.


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The Real Killer

Tue, 16/04/2019 - 06:00

These are dangerous times: war in Syria and Yemen, bloody repression in Venezuela, ethnic cleansing in Myanmar. Yet by some measures, the world is safer than ever before. The rate of violent death has been falling, albeit unevenly, for decades, even centuries. Fewer people are killed on the battlefield, on the streets, and in homes. Led by the psychologist Steven Pinker, who has collected reams of evidence demonstrating that humanity has slowly but surely grown more peaceable, a new group of thinkers is urging policymakers and the public to consider not just what the world is doing wrong in terms of violence but also what it is doing right.


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The Longest Wars

Fri, 12/04/2019 - 22:05
Richard Holbrooke helped normalize U.S. relations with China; served as U.S. ambassador to a newly reunified Germany and then to the United Nations; and, most famously, negotiated the 1995 Dayton peace agreement that ended the war in Bosnia. But he began and ended his career struggling with how to resolve two American wars: first in Vietnam, then in Afghanistan.

Hard Truths in Syria

Fri, 05/04/2019 - 21:54
With the impending troop reductions decreed by Trump, Washington must lower its sights in Syria. It should focus on protecting only two interests: preventing ISIS from coming back and stopping Iran from establishing a fortified military presence there that might threaten Israel.

A Cold War Case of Russian Collusion

Fri, 05/04/2019 - 06:00

In a matter of days, the U.S. Department of Justice will release a redacted version of Special Counsel Robert Mueller’s report on Russian interference in the 2016 U.S. presidential election. It is tempting to believe that, at long last, Mueller will deliver the definitive account of Russia’s operation. But even after 22 months, 2,800 subpoenas, nearly 500 search warrants, and 34 indictments, there is reason to expect that Mueller and his team of attorneys will not have uncovered the full story. When it comes to covert foreign electoral interference, probes are rarely conclusive: key witnesses live abroad, lies pass as truth, and unanswered questions can stay that way for decades, sometimes forever.


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Why Europe Is Getting Tough on China

Wed, 03/04/2019 - 06:00

Over the past two years, Washington has come to embrace a policy of strategic competition with China. The Trump administration’s National Defense Strategy and National Security Strategy make clear that the United States sees China as a great power rival not only militarily but also in a contest for economic and technological supremacy.

As a result, an effective coalition to manage China’s rise can no longer center on Asian security partnerships alone but must now include the world’s principal concentrations of economic power, technological progress, and liberal democratic values. Among these are many of the United States’ partners in the Indo-Pacific, such as Australia, India, and Japan. But the European Union and its major member states are also becoming increasingly critical U.S. counterparts in dealing with China.


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The New German Question

Tue, 02/04/2019 - 06:00

Many have been lamenting the dark path that Europe and the transatlantic relationship are currently on, but there hasn’t been much discussion of where that path leads. European weakness and division, a strategic “decoupling” from the United States, the fraying of the European Union, “after Europe,” “the end of Europe”—these are the grim scenarios, but there is a comforting vagueness to them. They suggest failed dreams, not nightmares. Yet the failure of the European project, if it occurs, could be a nightmare, and not only for Europe. It will, among other things, bring back what used to be known as “the German question.”


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Will a Comic Actor Become Ukraine’s Next President?

Tue, 02/04/2019 - 06:00

On March 31, Ukrainians went to the polls to elect a new president. Front-runner Volodymyr Zelenskiy, an inexperienced 41-year-old comic television actor, came out on top, with even higher numbers than predicted. The results give the comedian 30 percent of the vote. Incumbent President Petro Poroshenko came in second with just under 16 percent. Because no candidate crossed the 50 percent threshold, Zelenskiy and Poroshenko will face off in a second-round runoff on April 21.

All of this was to be expected. Zelenskiy had been leading in the polls for two months, and Ukrainian presidential incumbents don’t enjoy an advantage as they do in other systems. Since gaining independence in 1991, Ukrainians have reelected only one president.


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The Global Language of Hatred Is French

Mon, 01/04/2019 - 06:00

Since the terror attack that killed 49 Muslims and wounded dozens at Christchurch, New Zealand, on March 15, French authorities have been investigating what connections, if any, the killer, Brenton Tarrant, may have had in France.

We know that Tarrant visited the country during the presidential campaign of 2017, witnessing the defeat of what he called “the nationalist camp” (that is, Marine Le Pen). Tarrant traveled to several countries at the time, including Israel, but France impressed him the most—so much so that he made his final decision to “do something” to stop the Muslim invasion of the West on his way back from France. France is where he claims to have had the revelation that the West was “invaded” by the “nonwhites,” a problem to which French politicians offered only a “farce” in guise of a solution. In language disturbingly close to that emerging from the anti-Semitic corners of the “yellow vest” movement in recent months, Tarrant also meditates on French President Emmanuel Macron, whom he sees as “a globalist, capitalist, egalitarian, an ex-investment banker was [sic] no national beliefs other than the pursuit of profit.”


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Israel and Hamas Need Each Other

Fri, 29/03/2019 - 05:00

War, like politics, makes for strange bedfellows. Israel is currently preparing for a potentially dramatic faceoff with Hamas. Over the past week, the group has launched rockets into Israel, and it has called for a million man march this weekend  along the Israeli-Gaza border to mark the anniversary of last year’s March of Return. The protests may either fizzle or spark an intensified round of conflict. Whatever happens though, it will not undermine the curious, co-dependent relationship that has evolved between Hamas and the Israeli government, especially under Israeli Prime Minister Benjamin Netanyahu. These two key Middle East actors despise yet depend on one another.


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Why Russia Might Shut Off the Internet

Fri, 29/03/2019 - 05:00

On the morning of Sunday March 10, thousands of people gathered in the center of Moscow to protest proposed new legislation cracking down on Internet freedom. They waved placards saying “Save the Internet, Save Russia,” “Isolation—It’s Death,” and “NO to Digital Enslaving.” Kremlin spokesperson Dmitry Peskov, who was watching the protests on his TV, was unpleasantly surprised. “One of the speakers at the rally claimed that the Kremlin wanted to press a button and switch the Internet off,” he told the Russian wire agency Interfax. “It is absolutely wrong! Why aren’t they concerned that somebody on the other side of the Atlantic will press this button?” 

Peskov was echoing official propaganda, which claims that the new legislation is essential to stop the United States from cutting Russia off from the Internet. But the protesters have good reason to believe that it is the Kremlin, not some Western conspiracy, that is endangering their Internet access.


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The Lost Art of American Diplomacy

Wed, 27/03/2019 - 05:00

Diplomacy may be one of the world’s oldest professions, but it’s also one of the most misunderstood. It’s mostly a quiet endeavor, less swaggering than unrelenting, oftentimes operating in back channels, out of sight and out of mind. U.S. President Donald Trump’s disdain for professional diplomacy and its practitioners—along with his penchant for improvisational flirtations with authoritarian leaders such as North Korea’s Kim Jong Un—has put an unaccustomed spotlight on the profession. It has also underscored the significance of its renewal.


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Negotiations Are the Best Way to End the War in Afghanistan

Fri, 01/03/2019 - 06:00

In 2012, while I was serving as senior adviser to the State Department special representative for Afghanistan and Pakistan, I met in Istanbul with a group of Iranian scholars and former diplomats. After listening to the Iranians protest the United States’ purported plans to establish permanent bases in Afghanistan, I told them that they were worrying about the wrong thing. Their problem was not that U.S. forces would stay forever; it was that, sooner or later, they would leave, and the Iranians and their neighbors would once again be stuck with a problem that they could not solve.


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Where Weimar Germany Went Wrong

Thu, 28/02/2019 - 06:00

Published in the fall of 1929, two weeks before the Wall Street crash, Alfred Döblin's Berlin Alexanderplatz is a classic of the turbulent late Weimar period, an era that provides a favorite point of comparison with the politics of our own day. The story of Franz Biberkopf, reissued now in a new edition, is a kind of morality tale. It shows a man who is repeatedly knocked down and gets up again, before he finally opens his eyes to what is happening around him. But the novel also presents a morality tale about the politics of resentment on the right and sectarian conflict on the left, and where they can lead.


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