The International Monetary Fund and European finance ministers hailed their new agreement on Greece as a “major breakthrough.” In reality, it’s the beginning of a permanent fudge designed to make the intractable Greek problem a political non-issue for Greece’s EU partners and reduce the financial and reputational risk for the IMF. It’s the equivalent of canceling visitation hours for …

  The existing world order, led by the United States, is one whose aims include collective security, the protection of human rights, promoting negotiation and diplomacy, and improving global welfare. These ideals have been consistent from the League of Nations to goals of the United Nations (UN). Keeping consistent with these aims, we should take a humanist approach when viewing …

  BLOOMBERG Crude surpassed $50 a barrel for the first time in six months amid signs the global supply glut is coming to an end, buoying currencies where oil is produced. U.S. stocks fluctuated after a two-day rally. A drop in U.S. stockpiles and shrinking output in Nigeria and Venezuela contributed to the gains in Brent, which is up more …