Inflation and the Future of Economic Stimulus Two years ago, I predicted in Foreign Affairs that the COVID-19 recession, coming on top of the financial crisis of 2008, would lead rich democracies to redefine the outer limits of their monetary and fiscal power, ushering in an “age of magic money.” …

“People will die because of this vote,” US Ambassador to the UN Linda Thomas-Greenfield said of the Security Council’s failure to reauthorize the cross-border mechanism. Millions of Syrian lives hang in the balance after Russia vetoed a UN Security Council resolution on Friday that would have kept humanitarian aid flowing …

Algeria’s president managed to bring together Palestinian President Mahmoud Abbas and Hamas leader Ismail Haniyeh for the first time in 6 years, but divisions between the two rival factions they represent may be too deep at this point. Algerian President Abdelmadjid Tebboune brought together in the Algerian capital Palestinian President …