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Isis and the new war in Iraq
Barack Obama, the US president, promised in a televised address to destroy Isis, the self-proclaimed Islamist state in Iraq. Does that mean another western war in the Middle East is under way? Gideon Rachman puts the question to Roula Khalaf, FT foreign editor, James Blitz, former security editor, and David Gardner, FT correspondent in Beirut.
A spike in the cost of government borrowing is raising the spectre of Venezuela defaulting on its more than $80bn of sovereign debt
Italy’s anti-euro, anti-immigrant Northern League party is seizing on the Scottish referendum to relaunch calls for secession of the north of Italy
A meeting between the leaders of China and India next week underscores the slow thaw in the countries’ relations as their economic links strengthen
- Ambitious plans to build world’s biggest hydroelectric dam at a cost of $50bn have been resurrected by the Democratic Republic of Congo, but obstacles abound.
- Iraq has defied expectations and managed to form a government, though it includes many of the same faces that have ruled since the US-led overthrow of Saddam Hussein in 2003
- While investors remain unruffled by many of today’s geopolitical events, there is a bigger threat they might soon have to grapple with, argues Gideon Rachman.
- A plan to restructure the debt of bankrupt Detroit, a city blighted by dilapidated buildings and decay, may not benefit its African American majority population.
- Turkey’s first directly elected president Recep Tayyip Erdogan has grand ambitions that involve sweeping aside much of the Republic’s secular order.
- What are Scotland’s currency options if it decides to leave the UK at the September 18 referendum? Five leading economists examine the possibilities.
- Iraq’s new government faces entrenched sectarian divides and Isis forces skilled at adapting their battlefield tactics to defeat larger and better-armed adversaries.
- Painfully, American families are learning the difference between median and mean.
- As the world retreats from globalisation, the system needs a new enforcer if it is not to fracture and fragment, argues Philip Stephens.
- Israelis are watching nervously as Islamist fighters draw closer to the Golan border.
- Tens of thousands of refugees are fleeing war-torn eastern Ukraine and heading to remote parts of Russia.
- Many would-be jihadis who left the UK to fight alongside Isis militants are starting to feel homesick, according to a professor at a London university.
- Turkey is tightening its southern borders in a bid to prevent jihadi fighters crossing into Syria and Iraq and to clamp down on oil smuggling.
- Volunteers are wanted for urgent trials into Ebola vaccines as big pharma steps up efforts to tackle the virus that has killed more than 1,900 people in west Africa.
- The cleric and the cricketer leading protests in Pakistan claim to be champions of democracy, but their speeches and actions suggest the opposite, argues Victor Mallet.
- What is the best course for US foreign policy? Intervention or isolation? Four writers debate.
- Music and dance offer an escape and a lifeline in the Democratic Republic of Congo, one of the world’s least developed countries
- An FT visit reveals how burgers and BMWs highlight the rise of a private economy in communist North Korea
- Ahead of its most important summit for 20 years, Nato’s members are divided on how to respond to Russian aggression in Ukraine
- The Huffington Post looks at how people in the Middle East are lampooning Isis‘ reign of terror with satirical comedy and social media gags
The UK decision to send ground attack aircraft to perform reconnaissance missions over Iraq has led to mounting speculation that it could soon join the US in conducting bombing missions against Islamist extremists terrorising the local population.
The British government has so far resisted calls from some politicians and former officers to join the US in launching air strikes against insurgents from the Islamic State of Iraq and the Levant (known as Isis). But the type of aircraft it has sent to the region – the Tornado GR4 – leaves the option open. Read more