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U.S. Treasury Secretary Scott Bessent speaks to members of the press outside the White House in Washington, D.C. The U.S. Bond Crisis Highlights a Deeper Fiscal Rot
Scott Bessent is breaking the glass to check rising bond yields, but the fix is flawed.
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Palestinian Ali Shaath, head of the Palestinian technocratic committee for managing the Gaza Strip, in Cairo on January 19, 2026. Israel and America Agree on Gaza’s New Leader
The Trump administration’s peace plan has invested its hopes for Gaza’s future in the little-known Ali Shaath.
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A sign indicates a no-drone zone at Munich Airport in Erding, Germany. Gray-Zone Warfare Picks Easy Targets in Germany
Political appeasement won’t buy off hostile powers.
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A statue of a seated, bearded man with a bare torso and draped cloth around his waist, holding a scroll in one hand, positioned in front of a row of large classical columns. Realism Is Unrealistic
How useful is a theory about power that consistently fails to explain what the world’s most powerful country does?
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A woman faces away from the camera while holding a baby on her shoulder. The baby's face is turned toward the camera and one of her hands reaches upward. The woman wears a black headscarf with an ornate gray floral pattern on it. Five Years on, Washington Is Failing Afghanistan Again
Despite administration promises, aid cuts are leaving Afghan mothers and children to die.
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Elbridge Colby Colby’s ‘Flexible Realism’ Won’t Work in the Indo-Pacific
Washington’s new strategy is little more than a euphemism for unpredictability.
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The Chinese flag flies behind barbed wire at the Chinese consulate in San Francisco on July 23, 2020. China’s New Laws Are Ensnaring Western Companies
Beijing is systematically countering U.S. and European sanctions efforts by expanding its jurisdiction.
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Australian Prime Minister Anthony Albanese listens to speeches at the opening of the Vuvale Skills hub in Suva, Fiji, on July 6. Why Australia’s Getting Tough on China Again
Unlike other U.S. allies, Canberra is betting its entire strategic house on Pax Americana.
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Zhu Rongji and Jiang Zemin sit next to each other while raising their right hands. Zhu Rongji’s Death Is the Final Knell for China’s Breakneck Reform Era
Under President Xi Jinping, politics and security, not real change, come first.
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Trump speaks at a podium; Vance, Rubio, and Hegseth stand behind him. Yes, the Iran War Really Is Similar to Vietnam
Trump’s war is “The Best and the Brightest”—but without the best and the brightest.