Around the globe, people cheered the momentous election of Sen. Barack Obama as president of the United States—perhaps it was

It was beautiful while it lasted: Impressive growth rates, speedy development, and a strong and diversified financial services industry put

It seems old news to say the world has turned upside down: The flagship American financial services industry is in

In the first chapter of his most celebrated work, Czech novelist Milan Kundera illustrates Nietzsche’s idea of “eternal return:” “There

Bolivia has a navy. In and of itself, this may not seem noteworthy. But a map will reveal why it

In Europe, “two percent” means more than a healthy content of milk fat in morning cappuccinos. It is the target

In a New York Times article last year, an unidentified politician commented on Robert Mugabe. As a fellow member of

With money and power comes temptation, as evidenced by the (now former) New York state governor and some (now former)

Anyone living in America, particularly those accustomed to the televised exchanges between Hillary and Barack, would have been surprised by

On January 23rd, nobody had heard of Jérôme Kerviel. He was just another junior trader at France’s second largest bank,