economic freedom

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As pro-democracy demonstrations flare across Hong Kong, it continues to rank first in the world in economic freedom. Hong Kong has been at the top since 1970, according to the just-released Fraser Institute Economic Freedom of the world index, a collaborative effort of more than 100 research groups in 90 nations and territories. The 2014 report is based on 2012 data, the most recent available.

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The violent storms triggered by the Arab Spring continue to batter the Middle East. As regimes fall, wars rage and nations fracture, is there any reason for hope? A new Fraser Institute study—Institutions and Economic, Political and Civil Liberty in the Arab World—says yes and no.


3:03PM
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With violence flaring in the Middle East, the Arab Spring seems like a distant wilted dream. Yet, some green shoots have sprouted.


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The presidents of Guatemala, Honduras, and El Salvador just visited U.S. President Barack Obama to urge him to change course in combatting the flood of illegal immigrants into the United States.


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With the recent Russian-inspired tragedies in eastern Ukraine and the war between Israel and Hamas in Gaza, much of the world is understandably focused on those regions. But another continent, Asia, is worth watching, particularly Chinese government action vis-à-vis Hong Kong.


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Napoleon famously cautioned against interfering with an enemy making a mistake. So why is the West interfering with Vladimir Putin’s massive mistake in Crimea? More puzzling is the West’s unstated goal of legitimizing Putin’s Crimea grab.

Putin’s mistake? Some in the media are lionizing Putin as a strategic genius, running circles around the West. Yet, Putin could have gotten Crimea with a please-and-thank-you and looked like a humanitarian hero. Instead, he’s viewed as a threatening thug, with long-term negative consequences for Russia.