The Geopolitics of Cheap Oil

The market was supposed to save the planet. That, at least, was the argument of many economists grappling with the problem of climate change. As fossil fuels became scarcer, they pointed out, the price of oil and natural gas would go up. And then other options, like solar and wind, would become cheaper, particularly as investment flowed into that sector and drove down the cost of new...
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What Happened to Brazil?

In the 2014 World Cup, Germany not only ousted Brazil from the semi-finals. It gave the legendary team a drubbing, 7 goals to 1. For most of the match, Brazil faced a shutout: Only in the last minute did Brazilian striker Oscar manage to put the ball in the net. The staggering loss was all the more painful because it took place in Brazil, which was hosting the World Cup. Brazil’s national...
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