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Chávez Moves Reserves Out of US Treasuries

October 7, 2005
President Hugo Chávez has liquidated about half of Venezuela's US$30.4 billion holdings of US Treasuries, confirmed a director at the country's central bank. The bank director attributed the transfer to financial reasons: Venezuela's foreign reserves have benefited from high oil...

Agreeing on Africa, Up to a Point

June 8, 2005
As incoming president of the G-8, Tony Blair has made reducing African poverty the focus of his agenda, aiming to pardon the continent's staggering debt and increase aid by US$50 billion. But he faces opposition from Germany, France, and Japan – who propose focusing efforts on just five...

Iranian Embassy Denies Dress Code

May 11, 2006
The original article was retracted. – YaleGlobal

Europe Seeks to Free Itself From Rating Agencies' Grip

July 8, 2011
Risk and creditworthiness of state debt are largely assessed by three major agencies based in the US. Nations rated low – due to low revenues, excessive borrowing or threat of default – pay high interest rates to borrow. As Greece and Portugal struggle to repay massive debt, facing steep downgrade...

Why Syria Will Get Away With It

June 14, 2011
Deep in debt, the US struggles to end three wars. At the same time, the departing US secretary of defense criticized European NATO allies for a lack of commitment and poor military preparation. The combination of a lack of funds and fortitude has complicated Libyan intervention, which could allow...

We Can Accept Israel as Neighbor, Says Hamas

April 22, 2008
Peace comes by way of tiny little steps in the Middle East, moving forward and backward with diplomatic and military acts. The leader of Hamas said that his group would “respect Palestinian national will,” even if that meant some form of a Palestinian-Israeli peace agreement, during a meeting...

OPEC President Scrambles for Output-Cut Consensus

October 16, 2006
Consumers are unlikely to be sympathetic, but OPEC’s president is striving to get the cartel to reduce oil production to halt an ongoing fall in oil prices. While prices are still more than twice as high as they are three years ago, they have fallen considerably off their recent peaks. President...

Public Diplomacy: America Is Job No. 1

May 9, 2005
As the Bush administration prepares for another round of international public diplomacy – at least its third campaign since September 11 – it is necessary to first examine the lessons from the past few years. In this National Journal article, Bruce Stokes writes that while the goal for US public...
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