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By offering significant tax relief to businesses and most taxpayers, the Trump administration and Congressional Republicans have created conditions for boosting the U.S. economy. For its effects to prove lasting, however, the tax reform will ultimately need to be accompanied by measures to constrain the untamed growth in government spending.
Beijing’s increasing involvement in the Middle East has important economic, diplomatic, and military implications for the region, China and the world. The stakes were highlighted when the Chinese government chose to build its first overseas military base in Djibouti, in the Horn of Africa. President Xi Jinping’s recent visits to Iran and Saudi Arabia drove the poin...
Professor Enrico Colombatto