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Azeri-Armenian clashes escalate in disputed area

Bloomberg Azerbaijan stepped up attacks against Armenians in a disputed region of South Caucasus on Saturday, using artillery, tanks and air raids. One child was killed and two others wounded. The attacks, targeting civilian areas and military units across the contact line of Nagorno-Karabakh, came in response to Armenian shelling of Azeri areas, Azerbaijan’s Defense Ministry said on its website. ...

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Why ASEAN must remain neutral on the South China Sea

Pressure is growing on ASEAN to choose condemnation of China and both explicit and implicit support of the U.S. in the South China Sea. Proponents argue that this is a way to shift the tide and contain an expanding Chinese presence. And it has come at a time when ASEAN has demonstrated concern over the fast rising tensions in the ...

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A funny thing happened on the way to recession

At the beginning of the year, fears were widespread that recession was heading toward the U.S. — and, indeed, the rest of the world. Even the perennially- optimistic Wall Street Journal survey of economistsput the odds of recession in the coming 12 months at 21 percent, twice the level anticipated a year earlier and the highest reading since 2012. On ...

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