FROM Wolfgang Munchau
What's Next for International Capitalism? President Obama and Britain's Prime Minister Brown today renewed “ the special relationship .” But will they get the cooperation they want from the rest of the world? We get a preview of the G-20 summit and the likelihood of resolving the global financial crisis.
What's Next for International Capitalism? Barack Obama met Queen Elizabeth today, as protests turned violent on the streets of London. The leaders of 20 countries are preparing to meet on the global financial meltdown, and the eyes of the world are on the new President of the United States. Obama and Britain's Prime Minister Gordon Brown are calling for unified action , but France and Germany, Eastern Europe and the nations of Asia all have their own ideas. Can they agree on the need for economic stimulus, increased regulation or more money for the International Monetary Fund ? Can Obama lead the way out of a crisis that started here and infected the rest of the world?
Why Don't Facts Matter? "Fake News" may have a long history, but social media and 21st Century politics have brought it front and center. One reason for its appeal and its power is the tendency of so many people to cling to their beliefs — even when confronted with contradictory evidence. Today, another look at the Emotional States of America.