Day: September 24, 2014

Argentina v. the Hedge Funds

Exclusive: A battle between Argentina and U.S. hedge funds, which gambled on the country’s defaulted bonds, is raising questions about how far U.S. courts can go in requiring governments to pay and whether developing nations can defy the U.S.-dominated financial system, reports…

Hoping Bombs Will Solve Iraq/Syria Mess

Contradictions beset the U.S. war over Iraq and Syria. The principal target ISIS wouldn’t even exist but for the U.S. invasion of Iraq in 2003, and al-Qaeda affiliates in Syria have benefited from defections of U.S.-backed “moderates.” But now warplanes and missiles are…