Eurasia

The price of the euro in terms of the US dollar closed at 1.135 in November, against 1.156 in October and 1.193 in November last year. The yearly growth rate of the price of the euro in US dollar terms fell to –4.8 percent in November from –0.7 percent in …

In an address to the nation in early July, President Joe Biden suggested that one of the factors leading him to withdraw all remaining U.S. troops from Afghanistan was the “need to focus on shoring up America’s core strengths to meet the strategic competition with China and other nations that …

Last week, the U.S. Department of Defense released a one-page summary of its findings from an investigation into a drone strike in Kabul that killed a family of 10 during the U.S. withdrawal from Afghanistan. U.S. military officials had received intelligence that a specific car had visited a “suspected” Islamic …

Russia’s ongoing military buildup along its border with Ukraine has cast into sharp relief the debate about how the United States, and its allies, can most effectively ensure security in the no man’s land lying beyond NATO’s eastern perimeter. Meanwhile, China’s mounting campaign of military pressure and intimidation against Taiwan …

There are any number of ways to measure one of the great secular transformations of our time: the decline of the United States’ power relative not only to a rising rival like China, but to the rest of the world generally. From 1960 to the present, the American share of …

Throughout much of the past century, the idea of a gold standard for national currencies has been routinely linked with laissez-faire economics and “classical liberalism”—also known as “libertarianism.” It’s not difficult to see why. During the second half of the nineteenth century—as free-market liberalism was especially influential in much of …

Older Russians blame NATO for rising tensions between the Kremlin and Western powers over Ukraine, according to a public survey conducted this week by an independent Moscow-based pollster. Across all age groups, half of those polled by the Levada Center believe the United States and other NATO nations are “the …

While much of the world wonders when Russia will invade Ukraine, the US Senate’s number 2 ranking member on the Armed Forces committee has added something new: When will the US invade Russia? Senator Roger Wicker disclosed that a US invasion of Russia is on the table. He spoke on …

NATO has wrestled with how to defend its Baltic member states of Estonia, Latvia, and Lithuania ever since their accession to the Alliance in 2004. All three militarily weak countries sit uncomfortably close to NATO’s main adversary, Russia. Making matters even worse, they are tenuously connected to the rest of …

A fateful week is ending today for international security with the Russian Foreign Ministry releasing the two documents on security guarantees that Moscow had proposed to Washington as the basis for discussions to ease the tensions over NATO’s eastward expansion and to cease the alliance’s deployments close to Russia’s borders, …