Yesterday marked 75 years since NATO’s founding, notable not only as a mark of longevity but also because, unlike most of the years of NATO’s existence, the alliance is immersed in war. That makes NATO as relevant as ever. But does “relevant” necessarily mean “valuable”? Put simply, is NATO still worth it?
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With every passing day, 2024 looks more like a hinge year in history. Every year is crucial, and unexpected events can reroute the course of history at any moment. And yet, there are good reasons to believe that this is, in fact, a more important than average year in the trajectory of global events.
The consequences of Chinese President Xi Jinping’s intention to double down on China’s manufacturing prowess to boost growth has attracted a lot of discourse. But it’s important to understand that excess capacity has a political logic within the Chinese system that is fundamental to the country’s governance model.
The past few weeks have seen the insults fly among Latin American leaders, with Venezuela’s foreign minister labeling Argentina’s ruling party “neo-nazis,” and Argentina’s president calling Colombia’s president a “murdering terrorist.” Unfortunately for the region, there are significant real-world consequences of this petty name-calling.