Monetary policy for the Eurozone is the main event for Thursday, starting with the European Central Bank’s policy announcement and followed by the central bank’s press conference. Later, two weekly numbers will bring new perspective on the state of macro in the US: initial jobless claims and Bloomberg’s Consumer Comfort Index.
Harrison, a research fellow at the Hoover Institution, draws on Soviet Communist Party and secret police records housed at the Hoover Institution Library & Archives. In his work, he describes how people became entangled in the workings of Soviet rule.
Political instability, defined as volatility in electoral politics, is on the rise in Western democracies and shows no signs of abating. Granting the premise just for the moment, why is this happening?
While at Stanford last month, we had a long conversation with former Secretary of Defense William Perry about the nuclear dangers facing the world. We were struck by his provocative and frightening outlook: that the possibility of a nuclear catastrophe today is greater than it was during the Cold War. North Korea’s recent bluster only underlines the dangers.
The term “culminating point” in military operations describes the stage of an offensive at which the heretofore successful attacker is about to outrun his advantages, whether in numbers, materiel or psychological leverage on the defender.