- Life’s a beach for Russians in Cyprus, who are keeping calm about their financial woes.
- David Stockman, a former budget director for Ronald Reagan, is fearful for the future of capitalism in the US: “Sooner or later — within a few years, I predict — this latest Wall Street bubble, inflated by an egregious flood of phony money from the Federal Reserve rather than real economic gains, will explode, too.”
- Louisa Lombard examines the rise of Michel Djotodia, the new president of the Central African Republic, and looks at whether he might represent a new chapter in the the country’s politics.
- The New Yorker’s Lizzie Widdicombe writes about the culture at Vice Media, where a publication that is “a combination of National Geographic, High Times, and Penthouse Forum” is growing its commercial and journalistic ambitions.
- Stephan Haggard lays out North Korea’s action and rhetoric, and explains that “it is not clear that the North is in fact escalating in the traditional sense of the term; the game is largely declaratory and rhetorical.”
- Kigeli V Ndahindurwa, the last king of Rwanda, is living in low-income housing in the US state of Virginia and longing to return to the throne.
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For views and opinions on the European Union from Peter Spiegel, Joshua Chaffin, Alex Barker and James Fontanella-Khan, follow the