Beijing is ahead in the race for establishing a global digital currency standard (FPRI) — At the Beijing Olympics—in addition to showcasing a 60-foot snowman and an ambitious (if controversial) environmental initiative—China is debuting its newly minted central bank digital currency, or CBDC. The country had hoped to make a …

The United States assumed that Russia would be scared of the risks to go into Syria. That is a mistake that should not be made when it comes to Ukraine. Senior U.S. national security officials, diplomats, and military officers are all sounding similar warnings. “If Russia intervenes, they face a …

NATO and the European Union have reached their limits. Here’s what should come next. The Western attempt to expel Russia from Europe has failed. That there was such an attempt was always implicit in the strategy of seeking to admit every European country but Russia into NATO and the European …