Nouriel Roubini, the New York University economist who accurately forecast the bursting of the housing bubble and the resulting economic contraction, has become famous for his pessimism—he has been the gloomiest of the doomsayers. Which is what makes his current outlook surprising: Roubini believes that the Obama administration’s policy makers—and especially the much-maligned Tim Geithner—have gotten a lot right. Pitfalls may still abound, but he is now projecting an end to the recession, and he sees growth ahead.
Under the weight of Congo’s civil war, an ecosystem collapses.
The Opposite House is an idealistic island in a country that rarely worries about details
Jacob Zuma is a former goatherd, a master of traditional Zulu stick-fighting, a resistance hero, a one-time spymaster, a graceful dancer, and the father of some 20 children. He has been tried for rape and indicted for corruption, racketeering, and fraud. He has been called the next Mandela and the next Mugabe, a black Jesus and a crass rube. By the time you read this, he will almost certainly be the new president of South Africa. Here is the story of his sometimes troubling rise—and what it portends for the future of his country.
Will Istanbul’s way of life survive a smoking ban?
With its “Islamic” nuclear bomb, Taliban- and al-Qaeda-infested borderlands, dysfunctional cities, and feuding ethnic groups, Pakistan may well be the world’s most dangerous country, a nuclear Yugoslavia-in-the-making. One key to its fate is the future of Gwadar, a strategic port whose development will either unlock the riches of Central Asia, or plunge Pakistan into a savage, and potentially terminal, civil war.
Delphine Schrank visits the empty lakes and scattered elephant bones left behind by the DRC's ongoing violence.
Why President Evo Morales’s racial politics in Bolivia may backfire
In the countryside of Finland, solitude is a national pastime
Idle factories, moored container ships, widespread bankruptcies, massive migration back to the hinterlands, strangely clean air—the signs of depression are everywhere in China. Because it makes so many of the goods the world isn’t buying now, China stands to be worse hit than the rest of the world
—just as America was during the Depression, when it was the world’s sweatshop. But like America then, China will use tough times to design innovative products that will get it the high profits and the high-value jobs Americans kept to themselves for decades. And that is very bad news for the United States, unless it uses tough times to reinvent itself, too.
Meet Narendra Modi, chief minister of Gujarat and the brightest star in the Hindu-chauvinist Bharatiya Janata Party. Under Modi, Gujarat has become an economic dynamo. But he also presided over India’s worst communal riots in decades, a 2002 slaughter that left almost 2,000 Muslims dead. Exploiting the insecurities and tensions stoked by India’s opening to the world, Modi has turned his state into a stronghold of Hindu extremism, shredding Gandhi’s vision of secular coexistence in the process. One day, he could be governing the world’s largest democracy.
For all the advances and wonders of our global era, Christians, Jews, and Muslims seem ever more locked in mortal combat. But history suggests a happier outcome for the Peoples of the Book. As technological evolution has brought communities, nations, and faiths into closer contact, it is the prophets of tolerance and love that have prospered, along with the religions they represent. Is globalization, in fact, God’s will?
Trevor Corson shares images from his mökki vacation
Photographer Evan Abramson offers a different take on Bolivian leader Evo Morales and his indigenous supporters
James Fallows and Megan McArdle discuss the current industrial moment in China and the folly of the term "currency manipulators"
Michael Pettis is a finance pundit by day, a Beijing rock impresario by (very late) night.
Why Japan’s young consumers are turning away from luxury goods
American air superiority has been so complete for so long that we take it for granted. For more than half a century, we’ve made only rare use of the aerial-combat skills of a man like Cesar Rodriguez, who retired two years ago with more air-to-air kills than any other active-duty fighter pilot. But our technological edge is eroding—Russia, China, India, North Korea, and Pakistan all now fly fighter jets with capabilities equal or superior to those of the F-15, the backbone of American air power since the Carter era. Now we have a choice. We can stock the Air Force with the expensive, cutting-edge F‑22—maintaining our technological superiority at great expense to our Treasury. Or we can go back to a time when the cost of air supremacy was paid in the blood of men like Rodriguez.
The place of gay people in the church is one of the bitterest disputes in Christianity since the Reformation. The Anglican Church is trying to have it both ways—affirming traditional notions of marriage and family while seeking to adapt its teachings to the experiences of gays and lesbians. Presiding over the debate, gently—too gently?—prodding the communion toward acceptance of gay clergy, is Rowan Williams, the brilliant and beleaguered archbishop of Canterbury. He’s been pilloried from all sides for his handling of these issues, but his distinctive theology and leadership style may offer the only way to open the Anglican Church to gay people without breaking it apart.
Archbishop Desmond Tutu reflects on terrorism, torture, and what the first African American president might mean for Africa.
Afghanistan’s most venerable relic faces its greatest challenge.
Panama has pristine jungles, a nascent ecotourism industry—and the dark allure of a Graham Greene novel.
The Basques reclaim their cultural identity, one word at a time.
Market crashes are inevitable, but financial innovation and globalization have massively increased our vulnerability to them. Unless we make big regulatory changes—changes on a global scale—we should prepare for more years like this one.