By Bernd Debusmann When President Barack Obama announced the opening of a new chapter in U.S. relations with Cuba last December, he said, “We cannot keep doing the same thing and expect a different result.” The phrase echoed Albert Einstein’s definition of insanity...
By Alan Wheatley The dollar bestrides the globe. How are oil, copper and other commodities priced and traded? In dollars. Unsure what currency to take to a faraway country? Best take dollars. How does every nation measure the strength of its currency? By how much it...
By Girish Gupta When Hugo Chávez came to power in Venezuela in 1999, U.S. Ambassador to Caracas John Maisto said the U.S. government should watch what Chávez did, not listen to what he said. Chávez’s rhetoric was indeed fiery. Seven years after coming to power, he...
By Randall Mikkelsen U.S. Republicans and Democrats have cooperated on a couple of occasions since Republicans assumed control of both houses of Congress in January. But these rare examples are unlikely to signal any breakthrough in the Washington stalemate that has...
When Jimmy Carter ran for U.S. President, he capitalized on the fact he was little-known, adopting the campaign slogan, “Jimmy Who?” When Jimmy Carter ran for President of the United States 39 years ago, he capitalized on the fact that he was a little-known former...
By Jane Macartney For Democrats, Obamacare is the most sweeping social change in decades and one that will help millions to afford to see a doctor. Republicans see the reform – the Affordable Care Act – as a stealth means to bleed the rich to pay for the poor. It has...