Middle East

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David Gardner

President Barack Obama addresses the nation from the White House on September 10 2014

Barack Obama’s outline of plans for a US-led offensive against the Islamic State of Iraq and the Levant, known as Isis, is light on the politics that will be decisive in their defeat. Read more

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By Gideon Rachman
At the beginning of the year, I gave a talk about “geopolitical risk” to a big conference of investors. I trotted briskly around the course: Russia, the Middle East, the South China Sea, the eurozone. Afterwards, I was having coffee with one of the other speakers, a celebrated private-equity investor, and asked him how much he thought about geopolitical risk.

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By Gideon Rachman
The people who prepare President Barack Obama’s national security briefing must be wondering what to put at the top of the pile. Should it be the Russian assault on Ukraine, or the advance of the Islamic State of Iraq and the Levant (known as Isis) in Iraq and Syria? And what items should go just below that?

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