The United States' current account deficit and foreign debt are not dire threats to its global position, as would-be Cassandras warn. U.S. power is firmly grounded on economic superiority and financial stability that will not end soon

In its first term, the Bush administration all but ignored a powerful diplomatic tool that had served Washington well in the past: the special envoy. With the State Department now under new management, it should start dispatching emissaries again

The electoral triumph of opposition leader Viktor Yushchenko and the victory of the Ukrainian people over their country's corrupt leadership represent a new landmark in the postcommunist history of eastern Europe, a seismic shift Westward in the geopolitics of the region. But what will come next for the new president--and the rest of the former Soviet Union?