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Economics

AP Photo/Richard Drew

Economy Can Handle Higher Interest Rates

The U.S. economy can handle higher interest rates, and the Federal Reserve’s policymaking committee has signaled such a move is likely by summer. The Fed has kept short term borrowing rates near zero since December 2008 to support recovery from

Reuters

Russia Invites North Korea to Victory Day Celebration in May

The Ukraine crisis weakened relations between the West and Russia, which has forced Moscow to look for allies elsewhere. In his quest for friendly nations, it appears President Vladimir Putin has chosen North Korea, as Putin invited leader Kim Jong Un to Russia’s Victory

AP Photo/Franklin Reyes

Cuba vs. Freedom: Let the War of Ideas Begin

With a move toward normalization of U.S.-Cuban relations on December 17, 2014, the war of ideas can now begin. This move by the Obama Administration is seen by some as an unwelcome endorsement of the regime of Raul Castro, or