Croatia take the #FIFAWorldCup 3rd spot! 🇭🇷🥉@adidasfootball | #Qatar2022

— FIFA World Cup (@FIFAWorldCup) December 17, 2022

On this third Sunday of Advent, millions of Christians will be at church. But millions will also be glued to a screen, anxious to find out if the Argentinian GOAT will at long last claim a World Cup title. Though past his prime, the 35-year-old team captain Lionel Messi has been sublime in the competition, with five goals and three assists under his belt, and is leading the golden boot race in his fifth World Cup.

Although the reserved Messi, whose right arm bears a tattoo of Jesus crowned with thorns, has not expressed his faith openly beyond pointing to heaven after his goals, this World Cup has featured numerous heroics of confessing Christians.

Leading the freewheeling French attack against Argentina will be 36-year-old striker Olivier Giroud, who has Psalm 23’s “The Lord is my shepherd. I shall not want” tattooed in Latin on his right arm. During this World Cup, Giroud became the all-time top scorer for France with four magnificent goals.

While the team’s talisman Kylian Mbappé has lived up to the hype with his blistering speed and lethal shooting, Giroud has provided a reliable focal point in offense and his selfless play has created openings for his teammates. “I try to speak about my faith whenever I can,” he said after winning the World Cup in 2018. “I feel I have to use my media profile to talk about my commitment to Jesus Christ.”

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We celebrate the heroics and good works of athletes, coaches, and fans: https://t.co/Nf8JmztQrR

— Christianity Today (@CTmagazine) December 16, 2022

France are through to the final! 👊@adidasfootball | #FIFAWorldCup

— FIFA World Cup (@FIFAWorldCup) December 14, 2022

Argentina are in the #FIFAWorldCup Final! 🔥@adidasfootball | #Qatar2022

— FIFA World Cup (@FIFAWorldCup) December 13, 2022

This was a Diego Maradona performance from Lionel Messi. This was one man inspiring his team-mates through his goal, his assist, his genius. This was the Argentina captain running the show, even when seemingly inhibited from running at full pelt by a slight hamstring strain, driving his team to the World Cup final.

Even Luka Modric and his gutsy side who fear no one had to bow down before Messi. Even Croatia’s usually noisy supporters fell silent as they stared open-mouthed at Messi’s brilliance. He took his penalty unerringly, helped create Julian Álvarez’s first and then destroyed the new prince of European centre backs, Josko Gvardiol, by finally racing through the gears and setting up a simple finish for Álvarez.

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France overcome England to secure place in the Semi-finals!@adidasfootball | #FIFAWorldCup

— FIFA World Cup (@FIFAWorldCup) December 10, 2022

A historic pride of Atlas Lions 🦁@EnMaroc | #FIFAWorldCup pic.twitter.com/MU9FMIRaHo

— FIFA World Cup (@FIFAWorldCup) December 10, 2022

Argentina are through to the Semi-finals!@adidasfootball | #FIFAWorldCup

— FIFA World Cup (@FIFAWorldCup) December 9, 2022

🏆⚽ Croatia 🇭🇷1 – 1 Brazil 🇧🇷 (4-2 after penalty kicks)

Croatia advances to the World Cup semifinals, after defeating Brazil 4-2 on penalties at the World Cup in Qatar, Dec. 9, 2022. pic.twitter.com/EcYzB8JEVS

— Voice of America (@VOANews) December 9, 2022

The Biden administration took a public stand last year against the abuse of spyware to target human rights activists, dissidents and journalists: It blacklisted the most notorious maker of the hacking tools, the Israeli firm NSO Group.

But the global industry for commercial spyware — which allows governments to invade mobile phones and vacuum up data — continues to boom. Even the U.S. government is using it.

The Drug Enforcement Administration is secretly deploying spyware from a different Israeli firm, according to five people familiar with the agency’s operations, in the first confirmed use of commercial spyware by the federal government.

At the same time, the use of spyware continues to proliferate around the world, with new firms — which employ former Israeli cyberintelligence veterans, some of whom worked for NSO — stepping in to fill the void left by the blacklisting. With this next generation of firms, technology that once was in the hands of a small number of nations is now ubiquitous — transforming the landscape of government spying.

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Over 10 weeks & reporting in 5 countries, @MarkMazzettiNYT @ronenbergman & I pieced together crucial elements of the new global arms race for offensive spyware, marketed by companies owned by former Israeli military intelligence officers. A #thread https://t.co/fUzi2Rg8rC

— Matina Stevis-Gridneff (@MatinaStevis) December 9, 2022

Who’s gonna win the World Cup? 🏆👀 #Qatar2022 pic.twitter.com/IdF9dooTDP

— Fabrizio Romano (@FabrizioRomano) December 6, 2022

Eight great teams, four wonderful matches.

The United States has expanded its list of the world’s worst violators of religious freedom.

Two new nations—Cuba and Nicaragua—were added on Friday to the State Department’s list of Countries of Particular Concern (CPC). Two others—Vietnam and the Central African Republic (CAR)—were added to its Special Watch List (SWL). And one new organization was added to its list of Entities of Particular Concern (EPC): Russia’s mercenary Wagner group, due to its cited offenses in CAR.

“Around the world, governments and non-state actors harass, threaten, jail, and even kill individuals on account of their beliefs,” stated Antony Blinken, US Secretary of State. “The United States will not stand by in the face of these abuses.”

His own watchdog, however, is unconvinced.

The US Commission on International Religious Freedom (USCIRF) tweeted its “outrage” over the non-inclusion of Nigeria and India. It is “inexplicable,” the independent bipartisan organization continued, given the State Department’s own reporting.

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The US has expanded its list of the world’s worst religious-freedom violators.

Should Nigeria and India have been included?https://t.co/gdqcYRueaS

— Christianity Today (@CTmagazine) December 5, 2022

The Dutch, too, had spent the past four years resetting under a coach who plays the kind of soccer that Berhalter has always tried to emulate. The Netherlands manager, Louis van Gaal, is considered to be one of the finest tacticians in the world. And 10 minutes into the match, his team reminded the Americans why with a stunning buildup to its opening goal.

Memphis Depay’s strike came at the end of a 20-pass move that started with a gentle ball back from Van Dijk to his own goalkeeper and couldn’t have been more Dutch if it had been grown in a tulip field.

Over the course of 61 seconds, Van Gaal’s players eluded the American pressing game, dribbled away from tackles, and seemed to find a passing solution every time they looked up. Van Gaal’s Netherlands had been accused repeatedly of straying from Dutch soccer principles, but the players’ movement as they carved up the U.S. could have come straight from an orange textbook.

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Left it all out there. Proud of you, @USMNT. pic.twitter.com/4spE3FsNZT

— Major League Soccer (@MLS) December 3, 2022

It’s hard to believe — mostly because it’s currently November and not June ¹ — but the 2022 World Cup kicks off at Al Bayt Stadium in Al Khor, Qatar, on Nov. 20. The host nation will square off against Ecuador in the first World Cup match ever played in the Arab world. And the start of the tournament comes with plenty of questions about who might lift soccer’s most prestigious trophy.

Will it be Brazil, the betting favorite? Or could France become the first nation to repeat since 1962? Is Spain’s new golden generation — piloted by teenagers like Barcelona midfielders Gavi and Pedri — as good as its previous golden generation? ² Does Lionel Messi have enough left in the tank to lead Argentina to glory and further cement himself as the G.O.A.T.? Is football finally coming home?³ Which squads could shock the world? Is there any shine left on Belgium’s underachieving golden generation?

Last week, we used Elo ratings to measure historical Groups of Death at the World Cup, and also to see where this year’s groups rank — or if a Group of Death even exists this time around. (TL;DR: We’re not sure/it’s complicated.) Today, we’re back with our full-fledged World Cup forecast model to take a broader look at the field and try to answer who’ll be the last team standing on Dec. 18.

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The start of the tournament comes with plenty of questions about who might lift soccer’s most prestigious trophy. https://t.co/W5vE3GLiH3

— FiveThirtyEight (@FiveThirtyEight) November 18, 2022

In the remaining days of the COP27 climate summit in Egypt, nearly 200 nations are rushing to seek deals that keep climate goals alive.

If they fall short, it will likely disappoint but not surprise much of the world’s population that is already unhappy with efforts to safeguard the environment.

In 66 out of 123 countries that Gallup surveyed in 2021 and 2022, less than half of people report being satisfied with their country’s efforts to preserve the environment.

This list includes many, but not all, of the world’s cumulative top emitters of carbon dioxide, which is linked to global warming. For example, while less than half of adults in one of the biggest emitters — the U.S. — are satisfied with their country’s efforts to preserve the environment, strong majorities in other big emitters such as China (89%) and India (78%) are satisfied.

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48% of Americans who are satisfied with the country's efforts to preserve the environment in 2022 is more characteristic of the relatively lower satisfaction levels since the U.S. first agreed to join the Paris Agreement in 2015. https://t.co/C1Rapv1Ke6 pic.twitter.com/OrbT7IgPYL

— GallupNews (@GallupNews) November 17, 2022

Forty-four percent of the world’s population currently lives in an electoral autocracy, according to V-Dem. Countries that are in this category (or are rapidly moving toward it) include Brazil, India, Hungary, Poland, and Turkey, among many others.

Here’s the scary thing for Christians who take their faith seriously: In every country I just mentioned, religious conservatives are some of the main supporters of autocratization. In majority-Christian countries, those religious conservatives are Christians. In Brazil, many of them are even evangelicals.

Why would voters—including, in many cases, Christian voters—elect politicians who limit the freedom of the press and remove some of the legal checks and balances that have traditionally protected democracy?

According to V-Dem Institute’s exhaustive study of more than 200 countries, the main reason is partisan polarization. If voters’ fears of an opposing party become strong enough, they will often welcome whatever measures keep that party out of power, even if that means the loss of certain constitutional freedoms.

This dynamic seems to be playing out in the United States.

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“God did not ordain democracy or the American electoral process as the only acceptable mode of government,” writes @DanielKWilliam4.

“But nevertheless, preserving democracy may be a duty for Christian voters.”https://t.co/DCWZLQLCtZ

— Christianity Today (@CTmagazine) October 22, 2022

Can you give an example about how we have missed this message in Scripture?

The central passage I use is Colossians 1:15–20. It begins by speaking about Christ creating all things and ends with how the blood of Christ on the cross is redeeming all things. Most people read this redemption in terms of people. But if you zoom out and realize that the “all things” being redeemed are grammatically the same as the “all things” he has created, then you have a universal picture of redemption.

This is reinforced by Romans 8: how creation is waiting for the redemption that will come through the revealing of the children of God.

The church has sometimes struggled over the correct prioritizing of evangelism and social outreach. Does adding a third issue of creation care become too much for some?

Actually, it is the opposite. People working in poverty have realized for a number of years that they are on a treadmill and moving backwards. You cannot make progress in development and ministering to the poor if there are environmental problems that haven’t been addressed.

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Evangelical Creation Care Expert Shares Lessons Learned from Global Tour https://t.co/6AVrwu6VY5 my new article for @CTmagazine, following the presentation in the Middle East pic.twitter.com/jfxhzgKFfv

— Jayson Casper (@jnjcasper) October 19, 2022

Christan Aid is among a consortium of agencies who are calling on the Government to support programmes for debt relief and restructuring to reduce the “choke hold” that sovereign debt has on countries in the global south….

The statement by Christian Aid was timed to coincide with the International Monetary Fund’s annual gathering of economic leaders. At the meetings, held in Washington last week, the Zambian finance minister, Situmbeko Musokotwane, was one of several leaders who called for more action on debt relief and restructuring.

At the…[partial] Lambeth [gathering]…in August, six Anglican Primates added their voices to a call to the UK Government to cancel sovereign debt owed by Zambia and other low-income countries (News, 2 August).

The Primate of Central Africa, the Most Revd Albert Chama, said that servicing the debt put such strain on public finances that cuts had to be made to public services. The debt meant that “ordinary Zambians lose out on health care, education, and development projects which would give them a fair chance to thrive and build futures.”

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Adm. Craig Faller, a senior U.S. military leader, told Congress last year that Chinese launderers had emerged as the “No. 1 underwriter” of drug trafficking in the Western Hemisphere. The Chinese government is “at least tacitly supporting” the laundering activity, testified Faller, who led the U.S. Southern Command, which oversees military activity in Latin America.

In an interview with ProPublica, the now-retired Faller elaborated on his little-noticed testimony. He said China has “the world’s largest and most sophisticated state security apparatus. So there’s no doubt that they have the ability to stop things if they want to. They don’t have any desire to stop this. There’s a lot of theories as to why they don’t. But it is certainly aided and abetted by the attitude and way that the People’s Republic of China views the globe.”

Some U.S. officials go further, arguing that Chinese authorities have decided as a matter of policy to foster the drug trade in the Americas in order to destabilize the region and spread corruption, addiction and death here.

“We suspected a Chinese ideological and strategic motivation behind the drug and money activity,” said former senior FBI official Frank Montoya Jr., who served as a top counterintelligence official at the Office of the Director of National Intelligence. “To fan the flames of hate and division. The Chinese have seen the advantages of the drug trade. If fentanyl helps them and hurts this country, why not?”

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This story is about the convergence of two of the top security threats to the United States: Latin American drug cartels and the authoritarian regime in China. https://t.co/BYk0iZkI5L

— ProPublica (@propublica) October 12, 2022

An index of the opportunities available to girls in low- and middle-income countries lays bare the link between lack of educational and economic opportunity and high rates of child marriage.

The index, devised by World Vision, found that where girls have opportunities to study and work, and have access to health care, they are less likely to be forced into an early marriage.

The charity calculates that about 110 million girls will be forced into child marriage between now and 2035 unless education in income improves in the worst-affected countries.

Forty low- and middle-income countries were studied to produce the index — 20 where there is known to be a high rate of child marriage, and 20 other countries with comparable economies.

The index showed that countries that offered girls the lowest opportunities included Chad and the Central African Republic, where 61 per cent of girls are married under the age of 18, and Niger, where 76 per cent of girls are married early.

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An index of the opportunities available to girls in low- and middle-income countries lays bare the link between lack of educational and economic opportunity and high rates of child marriage https://t.co/LiA68POcI4

— Church Times (@ChurchTimes) October 11, 2022

Everything that now happens in this war, including the murderous missile attacks on Ukrainian cities, has to be understood in terms of the logic of Putin’s exposed position as a failed war leader. He is desperately trying to demonstrate to his hard-line critics that he is up to the task. The opening salvos of this week, ending yet more innocent lives for no discernible military gain, will not make Ukraine less determined or able to win this war. They will have the opposite effect.

The trigger was the damage inflicted on the Kerch bridge last Saturday. The bridge was built at considerable expense to connect Crimea to the mainland and opened by Putin with great fanfare in 2018. The attack combined a symbolic blow with painful practical consequences. Although some road and rail traffic will still pass through, the loss of so much capacity adds to the headaches for Russian logisticians. This link is vital to keeping Crimea, and, through Crimea, forces in southern Ukraine, supplied. News of the attack left the normal suspects on Russian state media unsure about whether to be angrier with the shoddy security that allowed the attack to happen or the audacity of the Ukrainians in mounting the attack. TV Host Vladimir Solovyov, who has been increasingly despondent of late, demanded to know ‘when will we start fighting?’, adding, channeling his inner Machiavelli, that ‘it’s better to be feared than laughed at’. When on the night of 9 October Putin declared this to be a terrorist act against vital civilian infrastructure (despite its evident military value) it was clear that he shared this sentiment.

Putin’s statement claimed that ‘high-precision weapons’ were used against ‘Ukrainian infrastructure, energy infrastructure, military command and communications’, as both an answer to the ‘crimes of the Kyiv regime’ and a warning against further ‘terrorist attacks on the territory of the Russian Federation.’ Some infrastructure targets were hit but so have, just in Kyiv, a playground, a symbolic glass bridge in a park (which survived), and the German consulate. As Kyiv is Ukraine’s main decision-making centre it is telling that none of these supposedly precise weapons hit anything of political or military significance.

State Media’s Margarita Simonyan, who had called the bridge attack a ‘red line’ for Russia expressed delight at the landing of our ‘little response’. Yet while they might satisfy urges for vengeance their impact will be limited unless they become part of a persistent campaign. Alexander Kots, a war reporter, has expressed his hope that this was not a ‘one-off act of retribution, but a new system for carrying out the conflict’ to be continued until Ukraine ‘loses its ability to function.’ Former President Dmitri Medvedev, who once appeared as a serious figure, has expressed his conviction that the goal of ‘future actions’ (but not current?) must be the ‘complete dismantling of the political regime in Ukraine.’

Such hopes are contradicted by the harsh reality of Russia’s position. Putin’s statement highlighted retribution. Russia lacks the missiles to mount attacks of this sort often, as it is running out of stocks and the Ukrainians are claiming a high success rate in intercepting many of those already used. This is not therefore a new war-winning strategy but a sociopath’s tantrum.

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Latest post addressing Kerch bridge, Putin's response, and the fragility of his hold on power. https://t.co/9FWEJa8QOI

— Lawrence Freedman (@LawDavF) October 10, 2022

[Josep] Borrell, speaking at an annual conference of EU ambassadors, admitted that Brussels was “quite reluctant” to believe US warnings that Russia was going to invade Ukraine in February and had failed to analyse Russian president Vladimir Putin’s actions.

“We didn’t believe it will happen . . . And we haven’t foreseen neither the capacity of Putin to escalate,” he said.

Borrell added Brussels failed to understand what other countries wanted, and instead pushed its own ideas on them.

“We think that we know better what is in other people’s interests,” he said. “We have to listen more . . . to the rest of the world. We need to have more empathy.

“We try to export our model, but we don’t think how others will perceive this,” he added.

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The Federal Reserve is risking a ‘world recession’ by forcing the world into a dash to raise rates, warns EU’s top diplomat in unguarded critique of US monetary policy https://t.co/jXmo4V4L2F @FinancialTimes w @Sam1Fleming @colbyLsmith

— Henry Foy (@HenryJFoy) October 10, 2022

When Debbie Ricks lost her job as a server in March 2020, she decided to chase a long cast-aside ambition: She would try to become a photojournalist, and get away from her undertipping customers. Last year seemed to be the time for a professional leap.

She had unemployment checks coming in, $1,200 a month. She could supplement food stamps with the pasta and applesauce cans she found on the streets. Most important, every restaurant in Washington, D.C., seemed to be hiring; at any moment, she figured, she could line up a job. But this summer, as her savings dried up and the cost of food rose, she began to feel that many of those backup opportunities had evaporated.

“I do kind of feel like, ‘Oh, Debbie, you should’ve jumped on that,’” Ms. Ricks, 44, said. “But I wanted to get back into journalism, which is what I love.”

After months of a booming job market, which prompted workers to quit and raised wages across industries, the job openings rate declined in August. Layoffs rose slightly, to 1.5 million, though they were still below their historical average. With fears of a recession looming, workers who were flush with opportunities are beginning to feel the anxieties of tightened corporate budgets.

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The Job Market Has Been Like Musical Chairs. Will the Music Stop?: https://t.co/kXOMZjalDA

— Cameron Sebastian (@crsfinance) October 7, 2022

Charitable giving—including only monetary donations and the value of time donated —remained flat, at just under 3% of global GDP in 2021 despite an increase in altruistic attitudes and behaviors across the globe, according to a Citi report released Tuesday.

On average, prosocial behaviors like the acts of donating, volunteering, and helping strangers all increased by nearly 25% last year compared to pre-pandemic levels. Yet, charitable giving did not rise in most countries, and even fell in inflation-adjusted terms in some countries, according to the report, “Philanthropy and the Global Economy.”

“We were sort of hoping that after the pandemic that donations would continue in the trajectory and they really, for the most part, did not,” says Karen Kardos, head of philanthropic advisory at Citi Private Bank and a co-author of the report.

Global inflation and uncertainties in financial markets may create further headwinds for charitable giving. Globally, 55% of donors expect to give the same amount in 2022 as they did in 2021. In the U.S., the country with the most monetary donations, more than 60% of donors planned to be more cautious in 2022 as recession risks weigh on their confidence, survey data show.

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Even as Altruism Grows Around the World, Charitable Giving Remains Flat https://t.co/T3JAdY2rPO

— Andy Ho (@andyho) October 5, 2022

It is hard not to feel a sense of foreboding. As the Federal Reserve has tightened policy, asset prices have plunged. Stocks, as measured by the Wilshire 5000 all-cap index, have shed $12trn of market capitalisation since January. Another $7trn has been wiped off bonds, which have lost 14% of their value. Some $2trn of crypto market-cap has vanished over the past year. House prices adjust more slowly, but are falling. Mortgage rates have hit 7%, up from 3% last year. And this is all in America—one of the world’s strongest economies.

Rising rates will slow the American economy and should break the back of inflation. But what else will they break? Since the Federal Reserve raised rates again on September 22nd, global markets have been in turmoil. When the British government announced unfunded tax cuts a day later, fire-sales by pension funds caused the yield on government bonds (or “gilts”) to spiral out of control. Contagion then spread to the American Treasury market, which is as volatile and illiquid as it was at the start of covid-19. The cost to insure against the default of Credit Suisse, a global bank, has risen sharply. These ructions indicate the world is entering a new phase, in which financial markets no longer just reflect the pain of adjusting to the new economic context—pricing in higher rates and lower growth—but now also spread pain of their own.

The most catastrophic pain is felt when financial institutions fail. There are two ways they do so: illiquidity or insolvency. Tighter monetary policy is likely to prompt or reveal both.

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Rising rates will slow the American economy and should break the back of inflation. But what else will they break? https://t.co/9jMyduKXBk

— The Economist (@TheEconomist) October 5, 2022

After watching China’s “no limits” partnership with Russian President Vladimir Putin fall well short of expectations, the stage is set for President Xi Jinping to tilt at least modestly toward the United States after the 20th party congress, former US secretary of state Henry Kissinger said on Monday.

“Xi gave a rather blank check to Putin,” Kissinger said at the Asia Society in New York. “He must have thought the invasion would succeed. He must need to recalibrate.”

A slow easing of US-China tensions could begin as early as next month at the Group of 20 summit of economic nations in Indonesia when Xi and US President Joe Biden are expected to meet.

Xi almost certainly expected Putin to be successful after Russia’s February 24 invasion of Ukraine – an offensive that has revealed deep weaknesses in the Russian military – and wants to avoid seeing a wall of Western opposition against China develop in the way it has against Russia, potentially raising questions at home, Kissinger said.

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Xi Jinping may ‘recalibrate’ after miscalculation of siding with #Russia , Henry #Kissinger says https://t.co/6YzM89Mycs

— Kandy Wong (@KandyWong_SCMP) October 4, 2022

This year’s Conference was meant to help bring things back together. I observed it only from a distance, but I am aware of the great labor, prayer, and goodwill that went into its preparation (of which I was a part), and of the efforts of many present to be faithful, open, and hopeful. For all my frustrations, I admire the archbishop of Canterbury and the many bishops who worked hard for this affair. But the result simply didn’t add up.

The penny is finally dropping. Anglicans are “irreconcilably ­divided”—that is, their divisions are viewed on all sides as arising from essential commitments, which cannot be compromised. Anglican leaders are finally admitting that these “essential commitments” are tied up with claims about sexual identity and its scriptural (and hence Christian) meaning. Not that most Anglicans did not already know this. But at the public and administrative levels of leadership within the Communion—among bishops and their theological advisors or subalterns—a refrain of the past two decades has insisted on the secondary nature of these differences. Sexuality and its scriptural significance, it was explained, do not touch “core” realities of the gospel; they are “matters indifferent” (adiaphora, in the technical sense of not being doctrinal issues that should divide the church), or, if not quite that, at least matters that can be set aside as we focus on our commonalities and continue to chug along “together.” The Communion could carry on as a Communion, we were told, without resolving the supposedly secondary issues of sex and sexual identity.

It was at best a naive view and at worst a willful refusal to admit the obvious in hopes of maintaining a grip on ecclesiastical power. Though theologians, formal and informal, can argue that this or that matter ought to be adiaphora, the category is in fact purely descriptive. Christians divide over what they think is important, not according to a template devised by scholars. So “sex” is not important? Prove it to the Communion! Opposing sides say otherwise and have proven their commitments through their actions. Confusion, disagreement, and political hostilities over sexuality reflect deep cultural issues that may one day be resolved—but not in the short term, and probably not without the intervention of catastrophic social changes driven by factors other than theological discussion.

The Anglican “Communion,” therefore, is no longer a “communion” in the twentieth-­century sense, a sense that grew out of a nineteenth-century understanding and experience of common Christian mission. There are Anglican leaders who seem quite happy with the fragmentation; indeed, this summer’s Lambeth Conference seemed at times giddy with relief at having left behind the desperate efforts to paper over disunity. But if the Anglican “Communion” is not the Communion of the past, what is it?

First, it is necessary to clarify what else today’s Communion is not and does not do. The Anglican Communion no longer holds a common teaching about the gospel….

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The Last Lambeth Conference by Ephraim Radner | Articles | First Things. Is this also the fate of the Catholic Church? https://t.co/viUvNN16Rg

— James Roth (@jrwash1942) September 14, 2022

The world’s financial markets are going through their most painful adjustment since the global financial crisis. Adapting to the prospect of higher American interest rates, the ten-year Treasury yield briefly hit 4% this week, its highest level since 2010. Global stock markets have sold off sharply, and bond portfolios have lost an astonishing 21% this year.

The dollar is crushing all comers. The greenback is up by 5.5% since mid-August on a trade-weighted basis, partly because the Fed is raising rates but also because investors are backing away from risk. Across Asia, governments are intervening to resist the depreciation of their currencies. In Europe Britain has poured the fuel of reckless fiscal policy on the fire, causing it to lose the confidence of investors. And as bond yields surge, the euro zone’s indebted economies are looking their most fragile since the sovereign-debt crisis a decade ago.

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Even America’s economy, which has been resilient in the face of headwinds this year, is unlikely to keep growing through an interest ­rate shock as severe as the one it now faces https://t.co/JiaMak87kP

— The Economist (@TheEconomist) September 30, 2022

There are decades where nothing happens, and there are weeks where decades happen.” Those words are apocryphally attributed to the Bolshevik revolutionary (and Foreign Affairs reader) Vladimir Lenin, referring to the rapid collapse of tsarist Russia just over 100 years ago. If he had actually said those words, Lenin might have added that there are also decades when centuries happen.

The world is in the midst of one such decade. As with other historical hinges, the danger today stems from a sharp decline in world order. But more than at any other recent moment, that decline threatens to become especially steep, owing to a confluence of old and new threats that have begun to intersect at a moment the United States is ill positioned to contend with them.

On the one hand, the world is witnessing the revival of some of the worst aspects of traditional geopolitics: great-power competition, imperial ambitions, fights over resources. Today, Russia is headed by a tyrant, President Vladimir Putin, who longs to re-create a Russian sphere of influence and perhaps even a Russian empire. Putin is willing to do almost anything to achieve that goal, and he is able to act as he pleases because internal constraints on his regime have mostly disappeared. Meanwhile, under President Xi Jinping, China has embarked on a quest for regional and potentially global primacy, putting itself on a trajectory that will lead to increased competition or even confrontation with the United States.

But that is not all—not by a long shot. These geopolitical risks are colliding with complex new challenges central to the contemporary era, such as climate change, pandemics, and nuclear proliferation. And not surprisingly, the diplomatic fallout from growing rivalries has made it nearly impossible for great powers to work together on regional and international challenges, even when it is in their interest to do so.

Further complicating the picture is the reality that American democracy and political cohesion are at risk to a degree not seen since the middle of the nineteenth century. This matters because the United States is not just one country among many: U.S. leadership has underpinned what order there has been in the world for the past 75 years and remains no less central today. A United States riven internally, however, will become ever less willing and able to lead on the international stage.

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The Dangerous Decade: A Foreign Policy for a World in Crisis – Older geopolitical risks are colliding with complex new challenges #writingcommunity #socent #academictwitter #humanrights https://t.co/hJpTAiIzhL

— J.B. Watson, Jr., Ph.D. (@GWashingtonInde) September 13, 2022

The world can kiss goodbye to an economic soft landing. Western central banks are on a misguided mission to restore their damaged credibility, tightening monetary policy violently after the post-pandemic recovery has already wilted and output is nearing contractionary levels.

Britain’s fiscal blitz has the luck of timing. It is a counter-cyclical stimulus, cushioning some of the blow, even if it risks rattling bond vigilantes, and even if it is wasteful in subsidies for the affluent.

Critics say the energy bailout will cap inflation in the short run but stoke more inflation in the long run, to which one can only reply, like Keynes, that in the long run we are all dead. World events are going to wash over such quibbling with a torrential deflationary force.

The central banks are pushing through with triple-barrelled rate rises after the inflation fever has broken; after the commodity boom has deflated; and after key monetary indicators on both sides of the Atlantic have turned negative. They are prisoners of lagging indicators.

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✍️"Inflation will abate gradually of its own accord across the Atlantic world, without the need for a punishment beating by central banks with bad models. Boom-bust monetary policy is frankly a scandal," writes Ambrose Evans-Pritchard https://t.co/InfJuu0hpD

— The Telegraph (@Telegraph) September 23, 2022

The erosion of the United States’ educational edge will eventually weaken the country’s global reach. With a less highly educated workforce than it could or should have, the United States will have less economic, political, and military heft with which to defend its interests and uphold the economic and security architecture that has defined the postwar order. Eventually, Pax Americana will come under pressure. It is not hard to imagine a progressively less peaceable and more economically insecure international environment in which the United States has much less influence as a result of its stagnating pool of high-skilled labor.

Fortunately, the United States still has good options for coping with loss of educational hegemony. But they all require Washington to take initiative—something it seems unaccustomed to lately. Through more active and imaginative diplomacy, the United States could seek to forge new coalitions or alliances that would add human resource ballast to the liberal order. This might entail patient cultivation of new security partnerships with some of tomorrow’s major centers of highly educated labor: India, Indonesia, Vietnam—maybe even Iran. Other intriguing possibilities include a closer integration of Canada, Mexico, and the United States, which might bring North America’s strategic potential more in line with its tremendous demographic and economic potential.

Meanwhile, the United States could attempt to reverse its ominous educational slowdown. Stagnation in educational attainment is impeding economic growth and likely robbing the United States of trillions of dollars in output each year—a price that will only rise if the United States doesn’t shift course. Part of the problem is that Americans do not want to buy a lot of what U.S. educators want to sell, and it is hard to blame them. The quality of public primary and secondary schooling is woefully uneven, and a high school diploma does not always come with marketable skills. Higher education is increasingly bureaucratized, ideological, and expensive. If Americans treated education as if their future depended on it, they would look for far-reaching overhauls, not marginal changes, and they would look beyond teachers’ unions and university administrators for better ideas. Revitalizing the country’s human resources—not just educational attainment, but health, workforce participation, and even family—will increasingly be strategic imperatives for the United States.

The coming demographic and educational changes are predictable. But they are not entirely inevitable, and they are unfolding slowly. The United States has time to adapt and address its educational shortcomings before it is too late. To avoid squandering its educational edge and putting its position of global primacy at risk, however, Washington must acknowledge that education is no longer just a domestic policy issue but a national security issue on which the very future of the United States depends.

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“An explosion in higher education is redistributing the share of highly educated workers across the world, potentially affecting the balance of power among nations.”https://t.co/PwSrrsijNt

— Foreign Affairs (@ForeignAffairs) September 22, 2022