For years, prediction markets have forecast elections with eerie accuracy. Now, they’re coming soon to a policy near you.
Want to know who the next U.S. president will be? Forget the daily barrage of polls: For 20 years, an online project run out of the University of Iowa has predicted the winner of presidential elections more [...]

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It’s 4th-down and 2 yards to go for a touchdown. Should you go for it or kick? A kick is almost a sure thing, but what about going for it? If one does a little homework, then they will find that the odds of success are 43 percent if a team decides to go for [...]

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Russia’s new President Dmitry Medvedev, winding up his first foreign trip, said Saturday the world could not ignore the joint voice of his country and China, and rejected criticism of the alliance.
Medvedev said it was symbolic that he picked China as his first destination outside the former Soviet Union. The two countries have been increasingly [...]

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Thursday’s gun battles broke out only minutes after the Hezbollah leader, Hassan Nasrallah, appeared on TV to accuse the Lebanese government of declaring war on his movement, whose raison d’etre is to resist Israel.
He said the only way out of the current crisis was for the government to rescind the decisions it took on Monday [...]

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If there was a the unipolar moment it has passed. The US will most likely remain the pre-eminent global power for some time yet, but it is already an insufficient one. The multilateral system designed in the middle of the last century no longer fits geopolitical realities. New powers might be accommodated in a reformed [...]

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