NATO bombs rain down on Moammar Gadhafi’s compound, the daughter of the Libyan dictator says she’s been telling her three young children bedtime stories about the afterlife “to make them ready.” “In a time of war, you never know when a rocket or a bomb might hit you, and that will be the end,” Aisha…
‘Global Zero’ and the Argument for Nukes Richard Perle Essay Defense policy veteran Richard Perle explains why, despite its appeal, the no-nukes, “Global Zero” agenda should – and will – fizzle. March/April 2011 There are many specters haunting our world, but one is of our own making—the utopian vision of a world free…
Sarkozy has the Dollar on his mind
Greece’s government must cut spending and improve tax revenue in order to greatly reduce or eliminate its need to borrow, reduce the cost of its output (via domestic deflation or leaving the Euro and depreciating a new currency) in order to restore the external balance between its imports and exports, and to reduce the impediments to economic efficiency and productivity growth so that its economy can grow more rapidly. How did it get in such a mess? What role was and is played by its use of the Euro? And what are its options?
News Americas France pledges $450m to Haiti Sarkozy is the first French president to visit the former French slave colony [Reuters] Nicolas Sarkozy, the French president, has pledged an aid and debt relief package amounting to about $450m to earthquake-ravaged Haiti. The amount includes a cancellation of Haiti’s debt to France of $77m, Sarkozy said during a…