The rot needs to stop if public trust in government, already at a low, is to be restored. But the prospects for constructive reforms are poor.

It may take a further rise in Italian bond yields to remind the populist government’s leaders in Rome that their room for maneuver to operate with more debt is very limited.

A deep Turkish recession could lead to more migrants leaving Turkey for the EU. Currently more than three million Syrian refugees are living in Turkey.

If Trump has his way, the liberal market economy of the post-war period is ending. The Trump world proudly and unapologetically embraces mercantilism.

Additional designations of Erdogan’s cronies would hurt the Turkish strongman’s warchest.

Multiple diplomatic spats raise questions about Saudi concept of sovereignty and its human rights obligations internationally.

The convergence of Russian-Turkish interests is likely only of a temporary nature.

Are the Koch brothers going to be devoured by the very same radical forces on the right-wing of Republican politics that they helped spawn?

China’s refusal to cut back on Iranian oil purchases opens up another frontline with the U.S.

In the age of Trump, the EU must strive toward ending its psychological and emotional dependency on the U.S. and be prepared to act unilaterally and independently.