For 70 years, a key element of American power has been the dollar’s standing as the world’s premier currency. But Washington’s repeated use of economic sanctions as a foreign policy weapon has encouraged China and other powers to consider financial alternatives, write Flynt and Hillary Mann Leverett.
As the Israeli killing of Palestinians spreads from Gaza to the West Bank, Prime Minister Netanyahu weighs his pursuit of military objectives against growing world outrage. But his trump card remains the fear of U.S. politicians to voice any criticism of Israel, as ex-CIA analyst Paul R. Pillar notes.
Israel claims its latest slaughter of Gazans is justified as self-defense because some militants are firing poorly aimed rockets into Israel. But that leaves out the moral context of Israel’s seizure of Palestinian land and its harsh blockade of the 1.7 million people locked in the tiny Gaza Strip, says theologian Daniel C. Maguire.