All The Monitor's View
- Europe's leap toward honest, healthy banks
On Sunday, Europe's central bank released results of stress tests done on the largest banks, hoping to clear up their hidden debts and restore lending to entrepreneurs. More transparent banking will help keep the world's largest economy from stagnation.
- Learning from Canada after Ottawa attack
The attack on Parliament by a Canadian convert to Islam brings a call to avoid this response: hatred. Islamic State thrives on hatred, either in the West or among Muslims.
- For 2014 election, the candidates to endorse
Even as more voters become hard ideologues, the middle grows for those who want candidates who can make compromises. The politics of trench warfare needs to change.
- In Hong Kong, a global contest over models of governance
The leader of Hong Kong admits that allowing open choice for election candidates would give too much power to the city's large population of poor people. The protests are aimed at challenging such paternalistic governance, a model China promotes to the world.
- Why Apple Pay may help rebuild trust in US finance
Apple's launch of its mobile payment system for stores could crack open a new market, but also show how to retain and expand customer respect for the finance industry.
- Obama's first victory in Iraq war
US pressure on the new Shiite-led Iraqi government results in a Sunni lawmaker becoming defense minister. Such democratic unity will help Iraqi troops defeat the Islamic State.
- Candy Crush in Atlantic City?
New Jersey tries to lure young people hooked on digital video games of skill to wager on those games. Other states should ignore this desperate pursuit to tap games of merit as a way to revive an industry built on notions of chance.
- As oil prices fall, which leaders rise?
Oil-abundant nations that invest their wealth wisely for future generations may not mind the big drop in oil prices. Countries with corrupt, authoritarian rulers may be exposed by the drop in revenue.
- One Muslim state's peaceful power transfer
While many Middle East countries splinter into war, Indonesia marks a democratic triumph Oct. 20. Its second popularly elected president, Joko Widodo, takes power.
- Wanted: New ways to lift a sluggish global economy
This year’s Nobel Prize for economics hints at the need for fresh ideas to spur growth. The winner, Jean Tirole, brings a deeper look at what motivates people to invest in their future.
- Prepare for post-Ebola recovery in Africa
The World Bank and IMF lead the way in helping African nations hit by Ebola to plan for an inevitable rebound. Such planning may help dispel current perceptions of Ebola as yet another drag on Africa that has grown more resilient.
- North Korea's moment of truth about its gulag
In a first, a North Korean official confesses that the regime runs 'reeducation' labor camps. The admission hints at change and a possible rejection of Marxist notions about truth being subject only to the power relations of economic and social conditions.
- Ukraine's drive for clean governance
Despite an armed conflict, economic stagnation, and elections, Ukraine starts to erode endemic corruption, first by forcing officials to divulge personal assets. Honesty in governance may be a main defense against Russia.
- A revolution in giving – and trust
The less-well-off in America are giving more of their income than the wealthy, perhaps because it is easier to give through digital networks. But ordinary folks may also be bonding through charity as trust in government and business declines.
- A first responder to the fear of Ebola
Compassion toward Ebola patients starts to kick in as more people, especially health-care workers, put fear and prejudice in their place. The crisis demands a humanitarian response as much as isolation of Ebola.
- Why teens often lead protests
In Hong Kong’s demonstrations, a 17-year-old leads others in the demand for full democracy from China. Like many student activists, he seeks proof of theories learned in class – and assurance of a better life ahead.
- The Hong Kong 'umbrella revolution' pokes at China's conscience
The Hong Kong protests are a plea for China to live up to a promised ideal of universal rights, and not ‘rob the common man of his purpose.'
- India's sunny 'saffron revolution'
In his visit to the US, India's new prime minister, Narendra Modi, makes an impression on his plans for the poor, especially in expanding solar power. His record so far suggests India could be a global solar champion.
- Muslims who counter IS atrocities on women
The Islamic State's brutality toward women deserves both criticism and counterexamples. When the new president of Afghanistan thanks his wife in public, Muslims notice.
- In praise of Mexico's moment
With stunning political consensus, Mexico has passed 11 major reforms in 20 months, indicating a new civility, openness, and service to others.