In The News

While US military forces have worked alongside Iran’s Revolutionary Guard Corps, or IRGC, to counter the Islamic State in Iraq, political moves out of Washington may unravel any conciliatory efforts between the two countries. As Donald Trump works to undo many of former US President Barack Obama’s foreign and domestic policies, he simultaneously emboldens Iranian hardliners, argues the Economist...

The US dollar may lose its status as the world’s reserve currency due to weak US governance and geopolitical pressures: the North Korea threat, diminished US-EU transatlantic ties and China’s prominence in global markets, including skill in managing credit excesses, so far, without disrupting the global economy. China strives to increase demand for yuan, announcing plans to buy oil in yuan and...

The rural people of South Africa expect land reform. Land is being redistributed, but the demand for small tracts is not being met, reports the Human Sciences Research Council, “as the state has sought to increase the percentage of land in black hands, it has focused increasingly on transferring large farms, often to established black businesses and commercial operators, rather than on supporting...