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- On paper, the just-concluded Greek parliamentary elections were a triumph for investors. The leftist, populist Syriza party of Prime Minister Alexis Tsipras has been replaced by the far more acceptable (in investors’ eyes) center-right New Democracy (ND) party of Kyriakos Mitsotakis. The ND w...
- A standard laugh line from one of my political risk boardroom briefings is: “I am the last Eisenhower Republican left in the world; by all rights I should be stuffed and put in a museum as the last of my kind.” Like many jokes, it is funny because it contains more than a kernel of truth. This i...
- Growing up amid a loving, if resolutely practical, Midwestern American family, one of our favorite sayings was: “Other than that, how was the play, Mrs. Lincoln?” In this case playing on the gallows humor of Abraham Lincoln’s assassination, this adage denoted someone entirely missing the point....
- As I wrote in my last book about the political risk industry, “To Dare More Boldly: The Audacious Story of Political Risk,” I have long held heretical views about my chosen profession. Despite their shiny exteriors, the recent predictive call record of many top firms has been nothing short of a...
- Conrad Black’s book, “Franklin Delano Roosevelt: Champion of Freedom,” authoritatively manages to revise our image of this most famous and important man. Attacked at the time as being a socialist or revolutionary intent on remaking American society along Bolshevik lines, Black instead sees Roo...
- As Stephen King memorably wrote in “The Shining,” ghosts are real; “They live inside us, and sometimes, they win.” This is precisely what is happening now in the French presidential election, as — more than anything — the ghost of Charles de Gaulle is propelling Emmanuel Macron to victory. Re...
- Washington insiders read polls like the rest of the country looks at baseball scores: Relentlessly, daily, obsessively. A politician’s “numbers” are akin to understanding his political health. A basic rule of thumb is that any president with an approval rating over 60 percent can tell Congress ...
- During a recent trip to London, I did my usual deep dive, meeting as many British political players as I could over the course of a fascinating (if frenetic) three days. As ever, my political marathon did its job, giving me a thorough, if impressionistic, view of what is going on in Westminster...
- As ever, French President Emmanuel Macron’s hero, Charles de Gaulle, put it perfectly. The imposing founder of the Fifth Republic caustically encapsulated the problem with ruling his perpetually turbulent nation when he said: “How can you govern a country that has 246 different kinds of cheese?...
- I have long been skeptical about the conventional political risk narrative that China is effortlessly rising to superpower status. The country faces myriad intractable economic, demographic, political, and geopolitical problems that will slow, and likely even halt, its march to dominance. Thi...
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